Gudeng Precision (Taiwan) Price on December 18, 2024
If you're considering investing in Gudeng Stock, it is important to understand the factors that can impact its price. Gudeng Precision Ind holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Gudeng Precision Ind exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gudeng Precision's Standard Deviation of 1.76, risk adjusted performance of (0.08), and Market Risk Adjusted Performance of 5.27 to validate the risk estimate we provide.
Gudeng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gudeng |
Sharpe Ratio = -0.1089
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3680 |
Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gudeng Precision 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 Gudeng Precision by adding Gudeng Precision to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Gudeng Precision Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Gudeng Precision Industrial 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.
Gudeng Precision December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Gudeng Precision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gudeng Precision shares will generate the highest return on investment. By undertsting and applying Gudeng Precision stock market strength indicators, traders can identify Gudeng Precision Industrial entry and exit signals to maximize returns
Gudeng Precision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gudeng Precision's price direction in advance. Along with the technical and fundamental analysis of Gudeng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gudeng 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 | (0.08) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 5.26 |
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Additional Tools for Gudeng Stock Analysis
When running Gudeng Precision's price analysis, check to measure Gudeng Precision'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 Gudeng Precision is operating at the current time. Most of Gudeng Precision's value examination focuses on studying past and present price action to predict the probability of Gudeng Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gudeng Precision's price. Additionally, you may evaluate how the addition of Gudeng Precision to your portfolios can decrease your overall portfolio volatility.