Chumpower Machinery (Taiwan) Price on August 8, 2024

4575 Stock  TWD 21.80  0.05  0.23%   
If you're considering investing in Chumpower Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chumpower Machinery stands at 21.80, as last reported on the 29th of December, with the highest price reaching 21.80 and the lowest price hitting 21.80 during the day. Chumpower Machinery Corp secures Sharpe Ratio (or Efficiency) of -0.0317, which signifies that the company had a -0.0317% return per unit of risk over the last 3 months. Chumpower Machinery Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chumpower Machinery's Standard Deviation of 1.71, risk adjusted performance of (0.03), and Mean Deviation of 1.09 to double-check the risk estimate we provide.
  
Chumpower Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0317

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns4575

Estimated Market Risk

 1.72
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Chumpower Machinery 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 Chumpower Machinery by adding Chumpower Machinery to a well-diversified portfolio.

Chumpower Machinery Valuation on August 8, 2024

It is possible to determine the worth of Chumpower Machinery on a given historical date. On August 8, 2024 Chumpower was worth 23.2 at the beginning of the trading date compared to the closed value of 23.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chumpower Machinery stock. Still, in general, we apply an absolute valuation method to find Chumpower Machinery'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 Chumpower Machinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chumpower Machinery's related companies.
 Open High Low Close Volume
  23.15    23.20    23.15    23.20    2,500  
08/08/2024
  23.20    23.20    23.20    23.20    1.00  
  23.50    23.50    23.50    23.50    1,000.00  
Backtest Chumpower Machinery  |  Chumpower Machinery History  |  Chumpower Machinery Valuation   PreviousNext  
Open Value
23.2
23.2
Closing Value
28.35
Upside

Chumpower Machinery Trading Date Momentum on August 8, 2024

On August 09 2024 Chumpower Machinery Corp was traded for  23.50  at the closing time. The highest price during the trading period was 23.50  and the lowest recorded bid was listed for  23.50 . The volume for the day was 1000. This history from August 9, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.29% . The overall trading delta to the current price is 0.43% .

Chumpower Machinery Corp Fundamentals Correlations and Trends

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

About Chumpower Machinery Stock history

Chumpower Machinery 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 Chumpower is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chumpower Machinery Corp 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 Chumpower Machinery stock prices may prove useful in developing a viable investing in Chumpower Machinery
Chumpower Machinery Corp. manufactures PET blow molding molding machines in Taiwan and internationally. The company was founded in 1981 and is based in Taichung, Taiwan. CHUMPOWER MACHINERY operates under Specialty Industrial Machinery classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 419 people.

Chumpower Machinery Stock Technical Analysis

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

Chumpower Machinery Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Chumpower Machinery Corp 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.

Chumpower Machinery December 29, 2024 Market Strength

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

Chumpower Machinery Technical and Predictive Indicators

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

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