Golden Long (Taiwan) Price on December 6, 2024
| 3188 Stock | TWD 27.25 0.65 2.33% |
If you're considering investing in Golden Stock, it is important to understand the factors that can impact its price. As of today, the current price of Golden Long stands at 27.25, as last reported on the 22nd of December, with the highest price reaching 29.45 and the lowest price hitting 27.20 during the day. Golden Long Teng holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. Golden Long Teng exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Golden Long's Standard Deviation of 2.72, risk adjusted performance of (0.18), and Market Risk Adjusted Performance of 4.51 to validate the risk estimate we provide.
Golden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Golden |
Sharpe Ratio = -0.1656
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3188 |
Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Golden Long 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 Golden Long by adding Golden Long to a well-diversified portfolio.
Golden Long Valuation on December 6, 2024
It is possible to determine the worth of Golden Long on a given historical date. On December 6, 2024 Golden was worth 27.85 at the beginning of the trading date compared to the closed value of 28.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Long stock. Still, in general, we apply an absolute valuation method to find Golden Long'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 Golden Long where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Long's related companies.
| Open | High | Low | Close | Volume | |
| 28.20 | 28.40 | 27.80 | 27.85 | 275,838 | |
12/06/2024 | 27.85 | 28.80 | 27.85 | 28.60 | 222,077 |
| 28.80 | 28.80 | 27.60 | 28.05 | 377,000 |
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Golden Long Trading Date Momentum on December 6, 2024
| On December 09 2024 Golden Long Teng was traded for 28.05 at the closing time. The highest price during the trading period was 28.80 and the lowest recorded bid was listed for 27.60 . The volume for the day was 377 K. This history from December 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.92% . The overall trading delta to the current price is 2.62% . |
Golden Long Teng Fundamentals Correlations and Trends
By evaluating Golden Long'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 Golden Long's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Golden financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Golden Long Stock history
Golden Long 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 Golden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Golden Long Teng 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 Golden Long stock prices may prove useful in developing a viable investing in Golden Long
Golden Long Teng Development Co., Ltd. engages in the development, sale, and lease of residential buildings. Golden Long Teng Development Co., Ltd. was founded in 2000 and is based in Kaohsiung, Taiwan. GOLDEN LONG is traded on Taiwan OTC Exchange in Taiwan.
Golden Long Stock Technical Analysis
Golden Long 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
Golden Long Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Golden Long Teng cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
Golden Long December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Golden Long stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Long shares will generate the highest return on investment. By undertsting and applying Golden Long stock market strength indicators, traders can identify Golden Long Teng entry and exit signals to maximize returns
Golden Long Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Golden Long's price direction in advance. Along with the technical and fundamental analysis of Golden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Golden 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 | (0.18) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | 4.5 |
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Additional Tools for Golden Stock Analysis
When running Golden Long's price analysis, check to measure Golden Long'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 Golden Long is operating at the current time. Most of Golden Long's value examination focuses on studying past and present price action to predict the probability of Golden Long's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Long's price. Additionally, you may evaluate how the addition of Golden Long to your portfolios can decrease your overall portfolio volatility.