SS Healthcare (Taiwan) Price on November 28, 2024
| 4198 Stock | TWD 32.10 0.35 1.10% |
If you're considering investing in 4198 Stock, it is important to understand the factors that can impact its price. As of today, the current price of SS Healthcare stands at 32.10, as last reported on the 4th of December, with the highest price reaching 32.40 and the lowest price hitting 31.10 during the day. At this stage we consider 4198 Stock to be very steady. SS Healthcare Holding retains Efficiency (Sharpe Ratio) of 0.0168, which indicates the firm had a 0.0168% return per unit of price deviation over the last 3 months. We have found twenty-four technical indicators for SS Healthcare, which you can use to evaluate the volatility of the company. Please validate SS Healthcare's Standard Deviation of 3.39, mean deviation of 2.32, and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0557%.
4198 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
4198 |
Sharpe Ratio = 0.0168
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| Cash | Small Risk | 4198 | High Risk | Huge Risk |
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Estimated Market Risk
| 3.32 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.06 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 SS Healthcare 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 SS Healthcare by adding it to a well-diversified portfolio.
SS Healthcare Valuation on November 28, 2024
It is possible to determine the worth of SS Healthcare on a given historical date. On November 28, 2024 4198 was worth 30.8 at the beginning of the trading date compared to the closed value of 31.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SS Healthcare stock. Still, in general, we apply an absolute valuation method to find SS Healthcare'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 SS Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SS Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 32.20 | 32.20 | 32.20 | 32.20 | 1.00 | |
11/28/2024 | 30.80 | 31.90 | 30.80 | 31.90 | 4,009 |
| 31.20 | 32.10 | 31.20 | 32.10 | 5,009 |
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SS Healthcare Trading Date Momentum on November 28, 2024
| On November 29 2024 SS Healthcare Holding was traded for 32.10 at the closing time. The highest price during the trading period was 32.10 and the lowest recorded bid was listed for 31.20 . The volume for the day was 5 K. This history from November 29, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.63% . The trading price change to the current price is 0.16% . |
SS Healthcare Holding Fundamentals Correlations and Trends
By evaluating SS Healthcare'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 SS Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 4198 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SS Healthcare Stock history
SS Healthcare 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 4198 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SS Healthcare Holding 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 SS Healthcare stock prices may prove useful in developing a viable investing in SS Healthcare
Swissray Global Healthcare Holding Ltd., together with its subsidiaries, primarily focuses on the research and development, manufacture, and sale of medical imaging devices. Swissray Global Healthcare Holding Ltd. was founded in 1988 and is headquartered in Taipei City, Taiwan. SWISSRAY GLOBAL operates under Medical Devices classification in Taiwan and is traded on Taiwan OTC Exchange.
SS Healthcare Stock Technical Analysis
SS Healthcare 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
SS Healthcare Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
SS Healthcare Holding 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.
SS Healthcare December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how SS Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SS Healthcare shares will generate the highest return on investment. By undertsting and applying SS Healthcare stock market strength indicators, traders can identify SS Healthcare Holding entry and exit signals to maximize returns
SS Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SS Healthcare's price direction in advance. Along with the technical and fundamental analysis of 4198 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 4198 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 | (0.01) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.14) |
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Additional Tools for 4198 Stock Analysis
When running SS Healthcare's price analysis, check to measure SS Healthcare'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 SS Healthcare is operating at the current time. Most of SS Healthcare's value examination focuses on studying past and present price action to predict the probability of SS Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SS Healthcare's price. Additionally, you may evaluate how the addition of SS Healthcare to your portfolios can decrease your overall portfolio volatility.