Shin Kong (Taiwan) Price on December 16, 2024

2888 Stock  TWD 11.95  0.05  0.42%   
If you're considering investing in Shin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shin Kong stands at 11.95, as last reported on the 17th of December 2024, with the highest price reaching 12.00 and the lowest price hitting 11.90 during the day. Shin Kong Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0378, which indicates the firm had a -0.0378% return per unit of risk over the last 3 months. Shin Kong Financial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shin Kong's Risk Adjusted Performance of (0.08), coefficient of variation of (820.71), and Variance of 2.05 to confirm the risk estimate we provide.
  
Shin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0378

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Estimated Market Risk

 1.06
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shin Kong is not performing at its full potential. However, 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 Shin Kong by adding Shin Kong to a well-diversified portfolio.

Shin Kong Valuation on December 16, 2024

It is possible to determine the worth of Shin Kong on a given historical date. On December 16, 2024 Shin was worth 11.95 at the beginning of the trading date compared to the closed value of 11.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shin Kong stock. Still, in general, we apply an absolute valuation method to find Shin Kong'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 Shin Kong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shin Kong's related companies.
 Open High Low Close Volume
  12.00    12.00    11.90    11.95    33,469,928  
12/16/2024
  11.95    12.00    11.90    11.95    21,123,153  
Backtest Shin Kong  |  Shin Kong History  |  Shin Kong Valuation   Previous
Open Value
11.95
11.95
Closing Value
15.14
Upside

Shin Kong Trading Date Momentum on December 16, 2024

On December 16 2024 Shin Kong Financial was traded for  11.95  at the closing time. The highest price during the trading period was 12.00  and the lowest recorded bid was listed for  11.90 . The volume for the day was 21.1 M. This history from December 16, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% .

Shin Kong Financial Fundamentals Correlations and Trends

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

About Shin Kong Stock history

Shin Kong 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 Shin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shin Kong Financial 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 Shin Kong stock prices may prove useful in developing a viable investing in Shin Kong
Shin Kong Financial Holding Co., Ltd., through its subsidiaries, provides a range of financial products and services in life insurance, banking, securities, asset management, and non-life insurance brokerage areas in Taipei and internationally. Shin Kong Financial Holding Co., Ltd. was founded in 2002 and is headquartered in Taipei City, Taiwan. SHIN KONG operates under Insurance - Life classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 17063 people.

Shin Kong Stock Technical Analysis

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

Shin Kong Period Price Range

Low
December 17, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shin Kong Financial 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.

Shin Kong December 17, 2024 Market Strength

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

Shin Kong Technical and Predictive Indicators

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

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