Te Chang (Taiwan) Price on December 9, 2024
| 5511 Stock | TWD 62.10 0.50 0.80% |
If you're considering investing in 5511 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Te Chang stands at 62.10, as last reported on the 21st of December, with the highest price reaching 63.00 and the lowest price hitting 62.00 during the day. At this stage we consider 5511 Stock to be very steady. Te Chang Construction retains Efficiency (Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for Te Chang, which you can use to evaluate the volatility of the company. Please validate Te Chang's Risk Adjusted Performance of 0.0957, downside deviation of 0.9721, and Mean Deviation of 0.7193 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
5511 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
5511 |
Sharpe Ratio = 0.1472
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 5511 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Te Chang is performing at about 11% of its full potential. 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 Te Chang by adding it to a well-diversified portfolio.
Te Chang Valuation on December 9, 2024
It is possible to determine the worth of Te Chang on a given historical date. On December 9, 2024 5511 was worth 63.0 at the beginning of the trading date compared to the closed value of 63.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Te Chang stock. Still, in general, we apply an absolute valuation method to find Te Chang'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 Te Chang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Te Chang's related companies.
| Open | High | Low | Close | Volume | |
| 63.10 | 63.90 | 62.70 | 63.20 | 319,578 | |
12/09/2024 | 63.00 | 63.80 | 62.90 | 63.30 | 156,000 |
| 62.90 | 63.80 | 62.90 | 63.20 | 59,535 |
| Backtest Te Chang | | | Te Chang History | | | Te Chang Valuation | Previous | Next |
Te Chang Trading Date Momentum on December 9, 2024
| On December 10 2024 Te Chang Construction was traded for 63.20 at the closing time. The highest price during the trading period was 63.80 and the lowest recorded bid was listed for 62.90 . The volume for the day was 59.5 K. This history from December 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.16% . The trading price change to the current price is 1.90% . |
Te Chang Construction Fundamentals Correlations and Trends
By evaluating Te Chang'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 Te Chang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 5511 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Te Chang Stock history
Te Chang 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 5511 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Te Chang Construction 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 Te Chang stock prices may prove useful in developing a viable investing in Te Chang
Te Chang Stock Technical Analysis
Te Chang 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
Te Chang Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Te Chang Construction 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.
Te Chang December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Te Chang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Te Chang shares will generate the highest return on investment. By undertsting and applying Te Chang stock market strength indicators, traders can identify Te Chang Construction entry and exit signals to maximize returns
Te Chang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Te Chang's price direction in advance. Along with the technical and fundamental analysis of 5511 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 5511 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 | 0.0957 | |||
| Jensen Alpha | 0.1144 | |||
| Total Risk Alpha | 0.0829 | |||
| Sortino Ratio | 0.0923 | |||
| Treynor Ratio | (1.00) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for 5511 Stock Analysis
When running Te Chang's price analysis, check to measure Te Chang'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 Te Chang is operating at the current time. Most of Te Chang's value examination focuses on studying past and present price action to predict the probability of Te Chang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Te Chang's price. Additionally, you may evaluate how the addition of Te Chang to your portfolios can decrease your overall portfolio volatility.