Tainergy Tech (Taiwan) Price on October 30, 2024
| 4934 Stock | TWD 13.30 0.40 2.92% |
If you're considering investing in Tainergy Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tainergy Tech stands at 13.30, as last reported on the 12th of December 2024, with the highest price reaching 13.70 and the lowest price hitting 13.30 during the day. Tainergy Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.25, which indicates the firm had a -0.25% return per unit of risk over the last 3 months. Tainergy Tech Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tainergy Tech's Variance of 4.13, coefficient of variation of (432.19), and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide.
Tainergy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tainergy |
Sharpe Ratio = -0.2492
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4934 |
Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tainergy Tech 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 Tainergy Tech by adding Tainergy Tech to a well-diversified portfolio.
Tainergy Tech Valuation on October 30, 2024
It is possible to determine the worth of Tainergy Tech on a given historical date. On October 30, 2024 Tainergy was worth 15.45 at the beginning of the trading date compared to the closed value of 15.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tainergy Tech stock. Still, in general, we apply an absolute valuation method to find Tainergy Tech'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 Tainergy Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tainergy Tech's related companies.
| Open | High | Low | Close | Volume | |
| 15.45 | 15.70 | 15.15 | 15.40 | 506,958 | |
10/30/2024 | 15.45 | 15.60 | 15.00 | 15.00 | 767,362 |
| 15.00 | 15.00 | 15.00 | 15.00 | 1.00 |
| Backtest Tainergy Tech | | | Tainergy Tech History | | | Tainergy Tech Valuation | Previous | Next |
Tainergy Tech Trading Date Momentum on October 30, 2024
| On October 31 2024 Tainergy Tech Co was traded for 15.00 at the closing time. The highest price during the trading period was 15.00 and the lowest recorded bid was listed for 15.00 . There was no trading activity during the period 1.0. Lack of trading volume on October 31, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.67% . |
Tainergy Tech Fundamentals Correlations and Trends
By evaluating Tainergy Tech'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 Tainergy Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tainergy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tainergy Tech Stock history
Tainergy Tech 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 Tainergy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tainergy Tech 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 Tainergy Tech stock prices may prove useful in developing a viable investing in Tainergy Tech
Tainergy Tech Co., Ltd. designs, develops, manufactures, and markets solar cells in Taiwan. The company was founded in 2007 and is headquartered in Taipei, Taiwan. TAINERGY TECH is traded on Taiwan Stock Exchange in Taiwan.
Tainergy Tech Stock Technical Analysis
Tainergy Tech 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
Tainergy Tech Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Tainergy Tech 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.
Tainergy Tech December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Tainergy Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tainergy Tech shares will generate the highest return on investment. By undertsting and applying Tainergy Tech stock market strength indicators, traders can identify Tainergy Tech Co entry and exit signals to maximize returns
Tainergy Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tainergy Tech's price direction in advance. Along with the technical and fundamental analysis of Tainergy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tainergy 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 | (0.16) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.94) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Tainergy Stock Analysis
When running Tainergy Tech's price analysis, check to measure Tainergy Tech'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 Tainergy Tech is operating at the current time. Most of Tainergy Tech's value examination focuses on studying past and present price action to predict the probability of Tainergy Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tainergy Tech's price. Additionally, you may evaluate how the addition of Tainergy Tech to your portfolios can decrease your overall portfolio volatility.