China Bills (Taiwan) Price on August 19, 2024

2820 Stock  TWD 15.05  0.05  0.33%   
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. As of today, the current price of China Bills stands at 15.05, as last reported on the 23rd of December, with the highest price reaching 15.10 and the lowest price hitting 14.95 during the day. At this stage we consider China Stock to be very steady. China Bills Finance secures Sharpe Ratio (or Efficiency) of 0.0302, which signifies that the company had a 0.0302% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for China Bills Finance, which you can use to evaluate the volatility of the firm. Please confirm China Bills' Mean Deviation of 0.2385, standard deviation of 0.3658, and Risk Adjusted Performance of (0.02) to double-check if the risk estimate we provide is consistent with the expected return of 0.0109%.
  
China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0302

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Estimated Market Risk

 0.36
  actual daily
3
97% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average China Bills is performing at about 2% 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 China Bills by adding it to a well-diversified portfolio.

China Bills Valuation on August 19, 2024

It is possible to determine the worth of China Bills on a given historical date. On August 19, 2024 China was worth 15.1 at the beginning of the trading date compared to the closed value of 15.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Bills stock. Still, in general, we apply an absolute valuation method to find China Bills' 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 China Bills where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Bills' related companies.
 Open High Low Close Volume
  14.90    15.05    14.90    15.05    1,106,091  
08/19/2024
  15.10    15.10    14.95    15.05    591,295  
  15.05    15.05    15.00    15.00    415,182  
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Open Value
15.1
15.05
Closing Value
16.18
Upside

China Bills Trading Date Momentum on August 19, 2024

On August 20 2024 China Bills Finance was traded for  15.00  at the closing time. The highest price during the trading period was 15.05  and the lowest recorded bid was listed for  15.00 . The volume for the day was 415.2 K. This history from August 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.33% . The overall trading delta to the current price is 0.66% .

China Bills Finance Fundamentals Correlations and Trends

By evaluating China Bills' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among China Bills' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About China Bills Stock history

China Bills 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Bills Finance 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 China Bills stock prices may prove useful in developing a viable investing in China Bills
China Bills Finance Corporation provides various financial services in Taiwan. China Bills Finance Corporation was incorporated in 1978 and is headquartered in Taipei City, Taiwan. CHINA BILLS operates under Capital Markets classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 157 people.

China Bills Stock Technical Analysis

China Bills 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 China Bills technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Bills 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

China Bills Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

China Bills Finance 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.

China Bills December 23, 2024 Market Strength

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

China Bills Technical and Predictive Indicators

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

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