Kunyue Development (Taiwan) Price on October 1, 2024
5206 Stock | TWD 40.40 1.20 2.88% |
If you're considering investing in Kunyue Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kunyue Development stands at 40.40, as last reported on the 19th of December, with the highest price reaching 41.60 and the lowest price hitting 40.10 during the day. Kunyue Development has Sharpe Ratio of -0.0177, which conveys that the firm had a -0.0177% return per unit of risk over the last 3 months. Kunyue Development exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kunyue Development's Mean Deviation of 1.57, standard deviation of 2.54, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
Kunyue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kunyue |
Sharpe Ratio = -0.0177
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Estimated Market Risk
2.36 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 Kunyue Development 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 Kunyue Development by adding Kunyue Development to a well-diversified portfolio.
Kunyue Development Valuation on October 1, 2024
It is possible to determine the worth of Kunyue Development on a given historical date. On October 1, 2024 Kunyue was worth 40.4 at the beginning of the trading date compared to the closed value of 39.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kunyue Development stock. Still, in general, we apply an absolute valuation method to find Kunyue Development'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 Kunyue Development where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kunyue Development's related companies.
Open | High | Low | Close | Volume | |
40.45 | 40.45 | 39.00 | 40.15 | 44,507 | |
10/01/2024 | 40.40 | 40.40 | 39.15 | 39.25 | 69,173 |
39.25 | 39.25 | 39.25 | 39.25 | 1.00 |
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Kunyue Development Trading Date Momentum on October 1, 2024
On October 02 2024 Kunyue Development Co was traded for 39.25 at the closing time. The highest price during the trading period was 39.25 and the lowest recorded bid was listed for 39.25 . There was no trading activity during the period 1.0. Lack of trading volume on October 2, 2024 did not cause price change. The trading delta at closing time to the current price is 1.27% . |
Kunyue Development Fundamentals Correlations and Trends
By evaluating Kunyue Development'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 Kunyue Development's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kunyue financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kunyue Development Stock history
Kunyue Development 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 Kunyue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kunyue Development 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 Kunyue Development stock prices may prove useful in developing a viable investing in Kunyue Development
Kunyue Development Co., Ltd. provides real estate development and maintenance services. The company was founded in 1975 and is based in Taichung, Taiwan. KUNYUE DEVELOPMENT operates under Real EstateDevelopment classification in Taiwan and is traded on Taiwan OTC Exchange.
Kunyue Development Stock Technical Analysis
Kunyue Development 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
Kunyue Development Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Kunyue Development Co 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.
Kunyue Development December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Kunyue Development stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kunyue Development shares will generate the highest return on investment. By undertsting and applying Kunyue Development stock market strength indicators, traders can identify Kunyue Development Co entry and exit signals to maximize returns
Kunyue Development Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kunyue Development's price direction in advance. Along with the technical and fundamental analysis of Kunyue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kunyue 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 | (0.03) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.18) |
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Additional Tools for Kunyue Stock Analysis
When running Kunyue Development's price analysis, check to measure Kunyue Development'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 Kunyue Development is operating at the current time. Most of Kunyue Development's value examination focuses on studying past and present price action to predict the probability of Kunyue Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kunyue Development's price. Additionally, you may evaluate how the addition of Kunyue Development to your portfolios can decrease your overall portfolio volatility.