Chenming Mold (Taiwan) Price on December 13, 2024
| 3013 Stock | TWD 145.00 3.50 2.36% |
If you're considering investing in Chenming Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chenming Mold stands at 145.00, as last reported on the 15th of December 2024, with the highest price reaching 150.00 and the lowest price hitting 145.00 during the day. Chenming Mold appears to be very steady, given 3 months investment horizon. Chenming Mold Industrial secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. By analyzing Chenming Mold's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of Chenming Mold's mean deviation of 3.07, and Risk Adjusted Performance of 0.121 to double-check if our risk estimates are consistent with your expectations.
Chenming Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chenming |
Sharpe Ratio = 0.1349
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 3013 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Chenming Mold is performing at about 10% 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 Chenming Mold by adding it to a well-diversified portfolio.
Chenming Mold Valuation on December 13, 2024
It is possible to determine the worth of Chenming Mold on a given historical date. On December 13, 2024 Chenming was worth 148.5 at the beginning of the trading date compared to the closed value of 145.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chenming Mold stock. Still, in general, we apply an absolute valuation method to find Chenming Mold'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 Chenming Mold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chenming Mold's related companies.
| Open | High | Low | Close | Volume | |
| 148.00 | 153.50 | 145.00 | 148.50 | 28,844,481 | |
12/13/2024 | 148.50 | 150.00 | 145.00 | 145.00 | 10,800,445 |
| 148.50 | 150.00 | 145.00 | 145.00 | 0.00 |
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Chenming Mold Trading Date Momentum on December 13, 2024
| On December 15 2024 Chenming Mold Industrial was traded for 145.00 at the closing time. The highest price during the trading period was 150.00 and the lowest recorded bid was listed for 145.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not affect price variability. The overall trading delta to the current price is 2.41% . |
Chenming Mold Industrial Fundamentals Correlations and Trends
By evaluating Chenming Mold'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 Chenming Mold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chenming financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chenming Mold Stock history
Chenming Mold 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 Chenming is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chenming Mold Industrial 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 Chenming Mold stock prices may prove useful in developing a viable investing in Chenming Mold
Chenming Mold Stock Technical Analysis
Chenming Mold 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
Chenming Mold Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Chenming Mold Industrial 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.
Chenming Mold December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Chenming Mold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chenming Mold shares will generate the highest return on investment. By undertsting and applying Chenming Mold stock market strength indicators, traders can identify Chenming Mold Industrial entry and exit signals to maximize returns
Chenming Mold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chenming Mold's price direction in advance. Along with the technical and fundamental analysis of Chenming Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chenming 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 | 0.121 | |||
| Jensen Alpha | 0.4867 | |||
| Total Risk Alpha | 0.1107 | |||
| Sortino Ratio | 0.1674 | |||
| Treynor Ratio | 0.523 |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Chenming Stock Analysis
When running Chenming Mold's price analysis, check to measure Chenming Mold'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 Chenming Mold is operating at the current time. Most of Chenming Mold's value examination focuses on studying past and present price action to predict the probability of Chenming Mold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chenming Mold's price. Additionally, you may evaluate how the addition of Chenming Mold to your portfolios can decrease your overall portfolio volatility.