Lung Hwa (Taiwan) Price on November 1, 2024

2424 Stock  TWD 65.00  0.30  0.46%   
If you're considering investing in Lung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lung Hwa stands at 65.00, as last reported on the 14th of December 2024, with the highest price reaching 65.20 and the lowest price hitting 64.80 during the day. At this stage we consider Lung Stock to be very steady. Lung Hwa Electronics has Sharpe Ratio of 0.049, which conveys that the firm had a 0.049% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lung Hwa, which you can use to evaluate the volatility of the firm. Please verify Lung Hwa's Downside Deviation of 3.34, risk adjusted performance of 0.081, and Mean Deviation of 2.43 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
  
Lung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.049

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Estimated Market Risk

 3.49
  actual daily
31
69% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Lung Hwa 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 Lung Hwa by adding it to a well-diversified portfolio.

Lung Hwa Valuation on November 1, 2024

It is possible to determine the worth of Lung Hwa on a given historical date. On November 1, 2024 Lung was worth 73.6 at the beginning of the trading date compared to the closed value of 78.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lung Hwa stock. Still, in general, we apply an absolute valuation method to find Lung Hwa'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 Lung Hwa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lung Hwa's related companies.
 Open High Low Close Volume
  73.40    73.40    73.40    73.40    1.00  
11/01/2024
  73.60    78.70    73.60    78.70    94,060  
  78.90    79.10    78.70    78.70    34,211  
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Open Value
73.6
78.7
Closing Value
84.06
Upside

Lung Hwa Trading Date Momentum on November 1, 2024

On November 04 2024 Lung Hwa Electronics was traded for  78.70  at the closing time. The highest price during the trading period was 79.10  and the lowest recorded bid was listed for  78.70 . The volume for the day was 34.2 K. This history from November 4, 2024 did not cause price change. The trading delta at closing time to the current price is 2.92% .

Lung Hwa Electronics Fundamentals Correlations and Trends

By evaluating Lung Hwa'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 Lung Hwa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lung financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Lung Hwa Stock history

Lung Hwa 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 Lung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lung Hwa Electronics 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 Lung Hwa stock prices may prove useful in developing a viable investing in Lung Hwa
Lung Hwa Electronics Co., Ltd. manufactures and sells consumer electronics in Taiwan. The company was founded in 1973 and is based in Taipei, Taiwan. LUNG HWA operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange.

Lung Hwa Stock Technical Analysis

Lung Hwa 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.
A focus of Lung Hwa technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lung Hwa trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Lung Hwa Period Price Range

Low
December 14, 2024
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Lung Hwa Electronics 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.

Lung Hwa December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Lung Hwa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lung Hwa shares will generate the highest return on investment. By undertsting and applying Lung Hwa stock market strength indicators, traders can identify Lung Hwa Electronics entry and exit signals to maximize returns

Lung Hwa Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Lung Hwa's price direction in advance. Along with the technical and fundamental analysis of Lung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lung 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.

Additional Tools for Lung Stock Analysis

When running Lung Hwa's price analysis, check to measure Lung Hwa'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 Lung Hwa is operating at the current time. Most of Lung Hwa's value examination focuses on studying past and present price action to predict the probability of Lung Hwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lung Hwa's price. Additionally, you may evaluate how the addition of Lung Hwa to your portfolios can decrease your overall portfolio volatility.