Rich Development (Taiwan) Price on November 7, 2024
| 5512 Stock | TWD 9.90 0.20 1.98% |
If you're considering investing in Rich Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rich Development stands at 9.90, as last reported on the 15th of December 2024, with the highest price reaching 10.10 and the lowest price hitting 9.87 during the day. Rich Development maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Rich Development exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rich Development's Standard Deviation of 1.3, risk adjusted performance of (0.07), and Information Ratio of (0.18) to confirm the risk estimate we provide.
Rich Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rich |
Sharpe Ratio = -0.1483
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| Negative Returns | 5512 |
Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rich 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 Rich Development by adding Rich Development to a well-diversified portfolio.
Rich Development Valuation on November 7, 2024
It is possible to determine the worth of Rich Development on a given historical date. On November 7, 2024 Rich was worth 10.15 at the beginning of the trading date compared to the closed value of 10.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rich Development stock. Still, in general, we apply an absolute valuation method to find Rich 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 Rich Development where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rich Development's related companies.
| Open | High | Low | Close | Volume | |
| 10.00 | 10.15 | 10.00 | 10.05 | 697,856 | |
11/07/2024 | 10.15 | 10.25 | 10.10 | 10.15 | 1,498,280 |
| 10.20 | 10.25 | 10.05 | 10.10 | 1,216,026 |
| Backtest Rich Development | | | Rich Development History | | | Rich Development Valuation | Previous | Next |
Rich Development Trading Date Momentum on November 7, 2024
| On November 08 2024 Rich Development Co was traded for 10.10 at the closing time. The highest price during the trading period was 10.25 and the lowest recorded bid was listed for 10.05 . The volume for the day was 1.2 M. This history from November 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.49% . The trading delta at closing time to the current price is 1.77% . |
Rich Development Fundamentals Correlations and Trends
By evaluating Rich 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 Rich Development's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rich financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rich Development Stock history
Rich 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 Rich is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rich 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 Rich Development stock prices may prove useful in developing a viable investing in Rich Development
Rich Development Stock Technical Analysis
Rich 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
Rich Development Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
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Rich Development December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Rich 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 Rich Development shares will generate the highest return on investment. By undertsting and applying Rich Development stock market strength indicators, traders can identify Rich Development Co entry and exit signals to maximize returns
Rich Development Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rich Development's price direction in advance. Along with the technical and fundamental analysis of Rich Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rich 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 | (0.07) | |||
| Total Risk Alpha | (0.31) |
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Additional Tools for Rich Stock Analysis
When running Rich Development's price analysis, check to measure Rich 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 Rich Development is operating at the current time. Most of Rich Development's value examination focuses on studying past and present price action to predict the probability of Rich 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 Rich Development's price. Additionally, you may evaluate how the addition of Rich Development to your portfolios can decrease your overall portfolio volatility.