Yong Shun (Taiwan) Price on September 16, 2023
| 4711 Stock | TWD 16.10 0.05 0.31% |
If you're considering investing in Yong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yong Shun stands at 16.10, as last reported on the 13th of December 2024, with the highest price reaching 16.35 and the lowest price hitting 16.05 during the day. Yong Shun Chemical shows Sharpe Ratio of -0.018, which attests that the company had a -0.018% return per unit of risk over the last 3 months. Yong Shun Chemical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yong Shun's Standard Deviation of 2.41, market risk adjusted performance of 0.697, and Mean Deviation of 1.48 to validate the risk estimate we provide.
Yong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Yong |
Sharpe Ratio = -0.018
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| Negative Returns | 4711 |
Estimated Market Risk
| 2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yong Shun 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 Yong Shun by adding Yong Shun to a well-diversified portfolio.
Yong Shun Valuation on September 16, 2023
It is possible to determine the worth of Yong Shun on a given historical date. On September 16, 2023 Yong was worth 15.53 at the beginning of the trading date compared to the closed value of 15.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yong Shun stock. Still, in general, we apply an absolute valuation method to find Yong Shun'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 Yong Shun where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yong Shun's related companies.
| Open | High | Low | Close | Volume | |
| 15.63 | 15.73 | 15.63 | 15.73 | 27,000 | |
09/15/2023 | 15.53 | 15.53 | 15.10 | 15.44 | 103,000 |
| 15.44 | 15.49 | 15.44 | 15.49 | 8,000 |
| Backtest Yong Shun | | | Yong Shun History | | | Yong Shun Valuation | Previous | Next |
Yong Shun Trading Date Momentum on September 16, 2023
| On September 18 2023 Yong Shun Chemical was traded for 15.49 at the closing time. The highest price during the trading period was 15.49 and the lowest recorded bid was listed for 15.44 . The volume for the day was 8 K. This history from September 18, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.32% . The trading price change to the current price is 0.00% . |
Yong Shun Chemical Fundamentals Correlations and Trends
By evaluating Yong Shun'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 Yong Shun's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yong Shun Stock history
Yong Shun 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 Yong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yong Shun Chemical 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 Yong Shun stock prices may prove useful in developing a viable investing in Yong Shun
Yong Shun Stock Technical Analysis
Yong Shun 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
Yong Shun Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Yong Shun Chemical 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.
Yong Shun December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Yong Shun stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yong Shun shares will generate the highest return on investment. By undertsting and applying Yong Shun stock market strength indicators, traders can identify Yong Shun Chemical entry and exit signals to maximize returns
Yong Shun Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yong Shun's price direction in advance. Along with the technical and fundamental analysis of Yong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yong 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 | 0.0042 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.687 |
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Additional Tools for Yong Stock Analysis
When running Yong Shun's price analysis, check to measure Yong Shun'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 Yong Shun is operating at the current time. Most of Yong Shun's value examination focuses on studying past and present price action to predict the probability of Yong Shun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yong Shun's price. Additionally, you may evaluate how the addition of Yong Shun to your portfolios can decrease your overall portfolio volatility.