Turvo International (Taiwan) Price on November 11, 2024
| 2233 Stock | TWD 177.00 4.00 2.31% |
If you're considering investing in Turvo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Turvo International stands at 177.00, as last reported on the 13th of December 2024, with the highest price reaching 182.00 and the lowest price hitting 176.50 during the day. At this stage we consider Turvo Stock to be very steady. Turvo International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0441, which indicates the firm had a 0.0441% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Turvo International Co, which you can use to evaluate the volatility of the company. Please validate Turvo International's Semi Deviation of 2.09, risk adjusted performance of 0.0779, and Coefficient Of Variation of 1034.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Turvo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Turvo |
Sharpe Ratio = 0.0441
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| Cash | Small Risk | 2233 | High Risk | Huge Risk |
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Estimated Market Risk
| 3.01 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Turvo International is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Turvo International by adding it to a well-diversified portfolio.
Turvo International Valuation on November 11, 2024
It is possible to determine the worth of Turvo International on a given historical date. On November 11, 2024 Turvo was worth 159.5 at the beginning of the trading date compared to the closed value of 160.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Turvo International stock. Still, in general, we apply an absolute valuation method to find Turvo International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Turvo International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Turvo International's related companies.
| Open | High | Low | Close | Volume | |
| 166.00 | 167.50 | 160.00 | 160.00 | 718,681 | |
11/11/2024 | 159.50 | 163.50 | 159.50 | 160.50 | 273,317 |
| 160.50 | 166.00 | 156.50 | 164.50 | 963,891 |
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Turvo International Trading Date Momentum on November 11, 2024
| On November 12 2024 Turvo International Co was traded for 164.50 at the closing time. The highest price during the trading period was 166.00 and the lowest recorded bid was listed for 156.50 . The volume for the day was 963.9 K. This history from November 12, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.49% . The trading price change to the current price is 7.17% . |
Turvo International Fundamentals Correlations and Trends
By evaluating Turvo International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Turvo International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Turvo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Turvo International Stock history
Turvo International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Turvo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turvo International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Turvo International stock prices may prove useful in developing a viable investing in Turvo International
TURVO International Co., Ltd. provides modular solutions in the machining industry in Taiwan and internationally. TURVO International Co., Ltd. was founded in 1987 and is based in Taichung City, Taiwan. TURVO INTERNATIONAL operates under Specialty Industrial Machinery classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1843 people.
Turvo International Stock Technical Analysis
Turvo International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Turvo International Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Turvo International Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Turvo International December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Turvo International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turvo International shares will generate the highest return on investment. By undertsting and applying Turvo International stock market strength indicators, traders can identify Turvo International Co entry and exit signals to maximize returns
Turvo International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Turvo International's price direction in advance. Along with the technical and fundamental analysis of Turvo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Turvo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0779 | |||
| Jensen Alpha | 0.2342 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0773 | |||
| Treynor Ratio | 0.5015 |
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Additional Tools for Turvo Stock Analysis
When running Turvo International's price analysis, check to measure Turvo International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turvo International is operating at the current time. Most of Turvo International's value examination focuses on studying past and present price action to predict the probability of Turvo International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turvo International's price. Additionally, you may evaluate how the addition of Turvo International to your portfolios can decrease your overall portfolio volatility.