Chumpower Machinery (Taiwan) Price on December 20, 2024
4575 Stock | TWD 21.30 0.50 2.29% |
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 21.30, as last reported on the 21st of December, with the highest price reaching 21.40 and the lowest price hitting 20.90 during the day. Chumpower Machinery Corp secures Sharpe Ratio (or Efficiency) of -0.0661, which signifies that the company had a -0.0661% return per unit of risk over the last 3 months. Chumpower Machinery Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chumpower Machinery's Mean Deviation of 1.07, risk adjusted performance of (0.04), and Standard Deviation of 1.68 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.
Chumpower |
Sharpe Ratio = -0.0661
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Estimated Market Risk
1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 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 December 20, 2024
It is possible to determine the worth of Chumpower Machinery on a given historical date. On December 20, 2024 Chumpower was worth 20.9 at the beginning of the trading date compared to the closed value of 21.3. 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 | |
20.90 | 21.40 | 20.90 | 21.30 | 23,000 | |
12/20/2024 | 20.90 | 21.40 | 20.90 | 21.30 | 15,120 |
Backtest Chumpower Machinery | | | Chumpower Machinery History | | | Chumpower Machinery Valuation | Previous |
Chumpower Machinery Trading Date Momentum on December 20, 2024
On December 20 2024 Chumpower Machinery Corp was traded for 21.30 at the closing time. The highest price during the trading period was 21.40 and the lowest recorded bid was listed for 20.90 . The volume for the day was 15.1 K. This history from December 20, 2024 did not affect price variability. The overall trading delta to the current price is 1.88% . |
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.
Price Boundaries
Chumpower Machinery Period Price Range
Low | December 21, 2024
| 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 21, 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.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | 1.8 |
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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.