Skardin Industrial (Taiwan) Price on October 31, 2024
| 3466 Stock | TWD 63.20 0.80 1.28% |
If you're considering investing in Skardin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Skardin Industrial stands at 63.20, as last reported on the 15th of December 2024, with the highest price reaching 63.70 and the lowest price hitting 61.90 during the day. At this stage we consider Skardin Stock to be very steady. Skardin Industrial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0191, which indicates the firm had a 0.0191% return per unit of risk over the last 3 months. We have found thirty technical indicators for Skardin Industrial, which you can use to evaluate the volatility of the company. Please validate Skardin Industrial's Coefficient Of Variation of 4265.55, semi deviation of 3.29, and Risk Adjusted Performance of 0.025 to confirm if the risk estimate we provide is consistent with the expected return of 0.0719%.
Skardin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Skardin |
Sharpe Ratio = 0.0191
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| Cash | Small Risk | Average Risk | 3466 | Huge Risk |
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Estimated Market Risk
| 3.76 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Skardin Industrial is performing at about 1% 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 Skardin Industrial by adding it to a well-diversified portfolio.
Skardin Industrial Valuation on October 31, 2024
It is possible to determine the worth of Skardin Industrial on a given historical date. On October 31, 2024 Skardin was worth 76.7 at the beginning of the trading date compared to the closed value of 76.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skardin Industrial stock. Still, in general, we apply an absolute valuation method to find Skardin Industrial'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 Skardin Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skardin Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 77.60 | 77.60 | 75.90 | 76.70 | 359,881 | |
10/31/2024 | 76.70 | 76.70 | 76.70 | 76.70 | 1.00 |
| 69.10 | 70.40 | 69.10 | 69.10 | 1,739,530 |
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Skardin Industrial Trading Date Momentum on October 31, 2024
| On November 01 2024 Skardin Industrial was traded for 69.10 at the closing time. The highest price during the trading period was 70.40 and the lowest recorded bid was listed for 69.10 . The volume for the day was 1.7 M. This history from November 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 9.91% . The trading price change to the current price is 20.08% . |
Skardin Industrial Fundamentals Correlations and Trends
By evaluating Skardin Industrial'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 Skardin Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skardin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Skardin Industrial Stock history
Skardin Industrial 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 Skardin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skardin 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 Skardin Industrial stock prices may prove useful in developing a viable investing in Skardin Industrial
Skardin Industrial Stock Technical Analysis
Skardin Industrial 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
Skardin Industrial Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
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Skardin Industrial December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Skardin Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skardin Industrial shares will generate the highest return on investment. By undertsting and applying Skardin Industrial stock market strength indicators, traders can identify Skardin Industrial entry and exit signals to maximize returns
Skardin Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Skardin Industrial's price direction in advance. Along with the technical and fundamental analysis of Skardin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skardin 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 | 0.025 | |||
| Jensen Alpha | 0.0979 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.33) |
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Additional Tools for Skardin Stock Analysis
When running Skardin Industrial's price analysis, check to measure Skardin Industrial'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 Skardin Industrial is operating at the current time. Most of Skardin Industrial's value examination focuses on studying past and present price action to predict the probability of Skardin Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skardin Industrial's price. Additionally, you may evaluate how the addition of Skardin Industrial to your portfolios can decrease your overall portfolio volatility.