Yung Zip (Taiwan) Price on June 16, 2023

4102 Stock  TWD 30.50  0.35  1.16%   
If you're considering investing in Yung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yung Zip stands at 30.50, as last reported on the 25th of December, with the highest price reaching 30.90 and the lowest price hitting 30.10 during the day. Yung Zip Chemical shows Sharpe Ratio of -0.27, which attests that the company had a -0.27% return per unit of risk over the last 3 months. Yung Zip Chemical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yung Zip's Standard Deviation of 1.58, mean deviation of 1.17, and Market Risk Adjusted Performance of (2.08) to validate the risk estimate we provide.
  
Yung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2738

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Estimated Market Risk

 1.53
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.42
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.27
  actual daily
0
Most of other assets perform better
Based on monthly moving average Yung Zip 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 Yung Zip by adding Yung Zip to a well-diversified portfolio.

Yung Zip Valuation on June 16, 2023

It is possible to determine the worth of Yung Zip on a given historical date. On June 16, 2023 Yung was worth 30.14 at the beginning of the trading date compared to the closed value of 29.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yung Zip stock. Still, in general, we apply an absolute valuation method to find Yung Zip'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 Yung Zip where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yung Zip's related companies.
 Open High Low Close Volume
  29.56    29.95    29.52    29.95    478,000  
06/16/2023
  30.14    30.38    29.95    29.95    591,000  
  29.95    29.99    29.61    29.80    239,000  
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Open Value
30.14
29.95
Closing Value
34.74
Upside

Yung Zip Trading Date Momentum on June 16, 2023

On June 19 2023 Yung Zip Chemical was traded for  29.80  at the closing time. The highest price during the trading period was 29.99  and the lowest recorded bid was listed for  29.61 . The volume for the day was 239 K. This history from June 19, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.50% . The trading price change to the current price is 0.80% .

Yung Zip Chemical Fundamentals Correlations and Trends

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

About Yung Zip Stock history

Yung Zip 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 Yung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yung Zip Chemical 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 Yung Zip stock prices may prove useful in developing a viable investing in Yung Zip
Co., Ltd. manufactures and supplies active pharmaceutical ingredients in Taiwan. The company was founded in 1978 and is based in Taichung City, Taiwan. YUNG ZIP operates under Drug Manufacturers - Major classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 150 people.

Yung Zip Stock Technical Analysis

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

Yung Zip Period Price Range

Low
December 25, 2024
0.00  NaN%
High

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Yung Zip Chemical 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.

Yung Zip December 25, 2024 Market Strength

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

Yung Zip Technical and Predictive Indicators

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

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