Strong H (Taiwan) Price on November 8, 2024
| 4560 Stock | TWD 35.70 0.95 2.59% |
If you're considering investing in Strong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Strong H stands at 35.70, as last reported on the 14th of December 2024, with the highest price reaching 36.55 and the lowest price hitting 35.60 during the day. At this stage we consider Strong Stock to be very steady. Strong H Machinery owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Strong H Machinery, which you can use to evaluate the volatility of the company. Please validate Strong H's Coefficient Of Variation of 622.88, risk adjusted performance of 0.1202, and Semi Deviation of 0.6858 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Strong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Strong |
Sharpe Ratio = 0.1439
| Best Portfolio | Best Equity | |||
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| Small Returns | 4560 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Strong H is performing at about 11% 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 Strong H by adding it to a well-diversified portfolio.
Strong H Valuation on November 8, 2024
It is possible to determine the worth of Strong H on a given historical date. On November 8, 2024 Strong was worth 33.4 at the beginning of the trading date compared to the closed value of 33.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Strong H stock. Still, in general, we apply an absolute valuation method to find Strong H'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 Strong H where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Strong H's related companies.
| Open | High | Low | Close | Volume | |
| 33.70 | 34.00 | 33.30 | 33.35 | 233,041 | |
11/08/2024 | 33.40 | 33.60 | 33.20 | 33.50 | 137,067 |
| 33.50 | 33.70 | 33.25 | 33.70 | 73,000 |
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Strong H Trading Date Momentum on November 8, 2024
| On November 11 2024 Strong H Machinery was traded for 33.70 at the closing time. The highest price during the trading period was 33.70 and the lowest recorded bid was listed for 33.25 . The volume for the day was 73 K. This history from November 11, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.60% . The trading price change to the current price is 2.39% . |
Strong H Machinery Fundamentals Correlations and Trends
By evaluating Strong H'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 Strong H's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Strong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Strong H Stock history
Strong H 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 Strong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Strong H Machinery 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 Strong H stock prices may prove useful in developing a viable investing in Strong H
Strong H Machinery Technology Incorporation, together with its subsidiaries, manufactures and sells sewing machine spare parts in China and Taiwan. Strong H Machinery Technology Incorporation was founded in 1994 and is based in Laizhou, China. STRONG H is traded on Taiwan Stock Exchange in Taiwan.
Strong H Stock Technical Analysis
Strong H 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
Strong H Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Strong H Machinery 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.
Strong H December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Strong H stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Strong H shares will generate the highest return on investment. By undertsting and applying Strong H stock market strength indicators, traders can identify Strong H Machinery entry and exit signals to maximize returns
Strong H Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Strong H's price direction in advance. Along with the technical and fundamental analysis of Strong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Strong 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 | 0.1202 | |||
| Jensen Alpha | 0.1883 | |||
| Total Risk Alpha | 0.0322 | |||
| Sortino Ratio | 0.0774 | |||
| Treynor Ratio | (1.39) |
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Additional Tools for Strong Stock Analysis
When running Strong H's price analysis, check to measure Strong H'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 Strong H is operating at the current time. Most of Strong H's value examination focuses on studying past and present price action to predict the probability of Strong H's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strong H's price. Additionally, you may evaluate how the addition of Strong H to your portfolios can decrease your overall portfolio volatility.