Roo Hsing (Taiwan) Price on October 22, 2024
| 4414 Stock | TWD 3.19 0.03 0.93% |
If you're considering investing in Roo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Roo Hsing stands at 3.19, as last reported on the 18th of December 2024, with the highest price reaching 3.25 and the lowest price hitting 3.19 during the day. At this stage we consider Roo Stock to be slightly risky. Roo Hsing maintains Sharpe Ratio (i.e., Efficiency) of 0.0063, which implies the firm had a 0.0063% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Roo Hsing, which you can use to evaluate the volatility of the company. Please check Roo Hsing's Coefficient Of Variation of 37870.06, risk adjusted performance of 0.0063, and Semi Deviation of 0.9663 to confirm if the risk estimate we provide is consistent with the expected return of 0.0083%.
Roo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Roo |
Sharpe Ratio = 0.0063
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4414 |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Roo Hsing 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 Roo Hsing by adding Roo Hsing to a well-diversified portfolio.
Roo Hsing Valuation on October 22, 2024
It is possible to determine the worth of Roo Hsing on a given historical date. On October 22, 2024 Roo was worth 3.05 at the beginning of the trading date compared to the closed value of 3.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roo Hsing stock. Still, in general, we apply an absolute valuation method to find Roo Hsing'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 Roo Hsing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roo Hsing's related companies.
| Open | High | Low | Close | Volume | |
| 3.09 | 3.09 | 2.97 | 2.99 | 662,100 | |
10/22/2024 | 3.05 | 3.05 | 2.98 | 3.00 | 849,031 |
| 3.00 | 3.03 | 2.99 | 3.02 | 238,181 |
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Roo Hsing Trading Date Momentum on October 22, 2024
| On October 23 2024 Roo Hsing Co was traded for 3.02 at the closing time. The highest price during the trading period was 3.03 and the lowest recorded bid was listed for 2.99 . The volume for the day was 238.2 K. This history from October 23, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.67% . The trading delta at closing time to the current price is 1.00% . |
Roo Hsing Fundamentals Correlations and Trends
By evaluating Roo Hsing'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 Roo Hsing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Roo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Roo Hsing Stock history
Roo Hsing 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 Roo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Roo Hsing 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 Roo Hsing stock prices may prove useful in developing a viable investing in Roo Hsing
Roo Hsing Stock Technical Analysis
Roo Hsing 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
Roo Hsing Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Roo Hsing Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock 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.
Roo Hsing December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Roo Hsing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roo Hsing shares will generate the highest return on investment. By undertsting and applying Roo Hsing stock market strength indicators, traders can identify Roo Hsing Co entry and exit signals to maximize returns
Roo Hsing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roo Hsing's price direction in advance. Along with the technical and fundamental analysis of Roo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Roo 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 | 0.0063 | |||
| Jensen Alpha | 0.0092 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.024 |
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Additional Tools for Roo Stock Analysis
When running Roo Hsing's price analysis, check to measure Roo Hsing'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 Roo Hsing is operating at the current time. Most of Roo Hsing's value examination focuses on studying past and present price action to predict the probability of Roo Hsing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roo Hsing's price. Additionally, you may evaluate how the addition of Roo Hsing to your portfolios can decrease your overall portfolio volatility.