Shanghai Commercial (Taiwan) Price on May 28, 2024
| 5876 Stock | TWD 40.35 0.25 0.62% |
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shanghai Commercial stands at 40.35, as last reported on the 13th of December 2024, with the highest price reaching 40.70 and the lowest price hitting 40.35 during the day. At this stage we consider Shanghai Stock to be very steady. Shanghai Commercial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0714, which indicates the firm had a 0.0714% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shanghai Commercial Savings, which you can use to evaluate the volatility of the company. Please validate Shanghai Commercial's Semi Deviation of 1.03, risk adjusted performance of 0.0504, and Coefficient Of Variation of 1569.71 to confirm if the risk estimate we provide is consistent with the expected return of 0.0898%.
Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shanghai |
Sharpe Ratio = 0.0714
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| Cash | 5876 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Shanghai Commercial is performing at about 5% 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 Shanghai Commercial by adding it to a well-diversified portfolio.
Shanghai Commercial Valuation on May 28, 2024
It is possible to determine the worth of Shanghai Commercial on a given historical date. On May 28, 2024 Shanghai was worth 46.1 at the beginning of the trading date compared to the closed value of 46.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Commercial stock. Still, in general, we apply an absolute valuation method to find Shanghai Commercial'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 Shanghai Commercial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Commercial's related companies.
| Open | High | Low | Close | Volume | |
| 46.45 | 46.65 | 46.00 | 46.00 | 12,616,121 | |
05/28/2024 | 46.10 | 46.65 | 45.95 | 46.50 | 9,128,218 |
| 46.15 | 46.35 | 45.55 | 45.55 | 11,841,533 |
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Shanghai Commercial Trading Date Momentum on May 28, 2024
| On May 29 2024 Shanghai Commercial Savings was traded for 45.55 at the closing time. The highest price during the trading period was 46.35 and the lowest recorded bid was listed for 45.55 . The volume for the day was 11.8 M. This history from May 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.04% . The trading price change to the current price is 1.29% . |
Shanghai Commercial Fundamentals Correlations and Trends
By evaluating Shanghai Commercial'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 Shanghai Commercial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanghai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shanghai Commercial Stock history
Shanghai Commercial 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 Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai Commercial 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 Shanghai Commercial stock prices may prove useful in developing a viable investing in Shanghai Commercial
The Shanghai Commercial Savings Bank, Ltd. provides various commercial banking services in Taiwan and internationally. The Shanghai Commercial Savings Bank, Ltd. was founded in 1915 and is headquartered in Taipei, Taiwan. THE SHANGHAI is traded on Taiwan Stock Exchange in Taiwan.
Shanghai Commercial Stock Technical Analysis
Shanghai Commercial 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
Shanghai Commercial Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Shanghai Commercial Savings 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.
Shanghai Commercial December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Commercial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Commercial shares will generate the highest return on investment. By undertsting and applying Shanghai Commercial stock market strength indicators, traders can identify Shanghai Commercial Savings entry and exit signals to maximize returns
Shanghai Commercial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Commercial's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanghai 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 | 0.0504 | |||
| Jensen Alpha | 0.0681 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 12.7 |
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| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Shanghai Stock Analysis
When running Shanghai Commercial's price analysis, check to measure Shanghai Commercial'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 Shanghai Commercial is operating at the current time. Most of Shanghai Commercial's value examination focuses on studying past and present price action to predict the probability of Shanghai Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Commercial's price. Additionally, you may evaluate how the addition of Shanghai Commercial to your portfolios can decrease your overall portfolio volatility.