Yang Ming (Taiwan) Price on December 11, 2024
| 2609 Stock | TWD 76.50 0.90 1.16% |
If you're considering investing in Yang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yang Ming stands at 76.50, as last reported on the 7th of January, with the highest price reaching 77.50 and the lowest price hitting 76.20 during the day. Yang Ming appears to be very steady, given 3 months investment horizon. Yang Ming Marine shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Yang Ming Marine, which you can use to evaluate the volatility of the company. Please utilize Yang Ming's Downside Deviation of 2.51, mean deviation of 1.66, and Market Risk Adjusted Performance of (0.25) to validate if our risk estimates are consistent with your expectations.
Yang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Yang |
Sharpe Ratio = 0.1547
| Best Portfolio | Best Equity | |||
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| Small Returns | 2609 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Yang Ming is performing at about 12% 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 Yang Ming by adding it to a well-diversified portfolio.
Yang Ming Valuation on December 11, 2024
It is possible to determine the worth of Yang Ming on a given historical date. On December 11, 2024 Yang was worth 80.0 at the beginning of the trading date compared to the closed value of 79.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yang Ming stock. Still, in general, we apply an absolute valuation method to find Yang Ming'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 Yang Ming where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yang Ming's related companies.
| Open | High | Low | Close | Volume | |
| 82.50 | 83.00 | 80.20 | 80.50 | 114,326,700 | |
12/11/2024 | 80.00 | 81.40 | 78.80 | 79.20 | 67,048,540 |
| 80.00 | 80.50 | 78.20 | 78.60 | 59,191,188 |
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Yang Ming Trading Date Momentum on December 11, 2024
| On December 12 2024 Yang Ming Marine was traded for 78.60 at the closing time. The highest price during the trading period was 80.50 and the lowest recorded bid was listed for 78.20 . The volume for the day was 59.2 M. This history from December 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.76% . The trading price change to the current price is 0.38% . |
Yang Ming Marine Fundamentals Correlations and Trends
By evaluating Yang Ming'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 Yang Ming's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yang Ming Stock history
Yang Ming 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 Yang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yang Ming Marine 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 Yang Ming stock prices may prove useful in developing a viable investing in Yang Ming
Yang Ming Marine Transport Corporation, together with its subsidiaries, provides shipping, repair, and chartering services in Taiwan, the United States, Europe, Asia, and internationally. Yang Ming Marine Transport Corporation was founded in 1972 and is headquartered in Keelung, Taiwan. YANG MING operates under Shipping Ports classification in Taiwan and is traded on Taiwan Stock Exchange.
Yang Ming Stock Technical Analysis
Yang Ming 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
Yang Ming Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Yang Ming Marine 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.
Yang Ming January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Yang Ming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yang Ming shares will generate the highest return on investment. By undertsting and applying Yang Ming stock market strength indicators, traders can identify Yang Ming Marine entry and exit signals to maximize returns
Yang Ming Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yang Ming's price direction in advance. Along with the technical and fundamental analysis of Yang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yang 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 | 0.0627 | |||
| Jensen Alpha | 0.17 | |||
| Total Risk Alpha | 0.1243 | |||
| Sortino Ratio | 0.0596 | |||
| Treynor Ratio | (0.26) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Yang Stock Analysis
When running Yang Ming's price analysis, check to measure Yang Ming'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 Yang Ming is operating at the current time. Most of Yang Ming's value examination focuses on studying past and present price action to predict the probability of Yang Ming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yang Ming's price. Additionally, you may evaluate how the addition of Yang Ming to your portfolios can decrease your overall portfolio volatility.