Taiwan Cooperative (Taiwan) Price on December 24, 2024
5880 Stock | TWD 24.55 0.20 0.81% |
If you're considering investing in Taiwan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taiwan Cooperative stands at 24.55, as last reported on the 28th of December, with the highest price reaching 24.75 and the lowest price hitting 24.55 during the day. Taiwan Cooperative owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Taiwan Cooperative Financial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Cooperative's Coefficient Of Variation of (763.63), risk adjusted performance of (0.11), and Variance of 0.4197 to confirm the risk estimate we provide.
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taiwan |
Sharpe Ratio = -0.1246
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Negative Returns | 5880 |
Estimated Market Risk
0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taiwan Cooperative 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 Taiwan Cooperative by adding Taiwan Cooperative to a well-diversified portfolio.
Taiwan Cooperative Valuation on December 24, 2024
It is possible to determine the worth of Taiwan Cooperative on a given historical date. On December 24, 2024 Taiwan was worth 24.65 at the beginning of the trading date compared to the closed value of 24.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Cooperative stock. Still, in general, we apply an absolute valuation method to find Taiwan Cooperative'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 Taiwan Cooperative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Cooperative's related companies.
Open | High | Low | Close | Volume | |
24.50 | 24.70 | 24.40 | 24.50 | 8,854,612 | |
12/24/2024 | 24.65 | 24.80 | 24.60 | 24.70 | 6,022,534 |
24.80 | 24.85 | 24.70 | 24.80 | 3,948,883 |
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Taiwan Cooperative Trading Date Momentum on December 24, 2024
On December 25 2024 Taiwan Cooperative Financial was traded for 24.80 at the closing time. The highest price during the trading period was 24.85 and the lowest recorded bid was listed for 24.70 . The volume for the day was 3.9 M. This history from December 25, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.40% . The trading price change to the current price is 0.20% . |
Taiwan Cooperative Fundamentals Correlations and Trends
By evaluating Taiwan Cooperative'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 Taiwan Cooperative's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taiwan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taiwan Cooperative Stock history
Taiwan Cooperative 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 Taiwan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiwan Cooperative 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 Taiwan Cooperative stock prices may prove useful in developing a viable investing in Taiwan Cooperative
Taiwan Cooperative Financial Holding Co., Ltd., together with its subsidiaries, provides commercial banking, insurance, securities, bills finance, asset management, and investment trust services in Taiwan. The company was incorporated in 2011 and is headquartered in Taipei, Taiwan. TAIWAN COOPERATIVE operates under BanksRegional classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 9532 people.
Taiwan Cooperative Stock Technical Analysis
Taiwan Cooperative 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
Taiwan Cooperative Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Taiwan Cooperative Financial 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.
Taiwan Cooperative December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiwan Cooperative stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taiwan Cooperative shares will generate the highest return on investment. By undertsting and applying Taiwan Cooperative stock market strength indicators, traders can identify Taiwan Cooperative Financial entry and exit signals to maximize returns
Taiwan Cooperative Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiwan Cooperative's price direction in advance. Along with the technical and fundamental analysis of Taiwan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taiwan 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 | (0.11) | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | (4.29) |
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Volume Indicators |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Cooperative's price analysis, check to measure Taiwan Cooperative'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 Taiwan Cooperative is operating at the current time. Most of Taiwan Cooperative's value examination focuses on studying past and present price action to predict the probability of Taiwan Cooperative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Cooperative's price. Additionally, you may evaluate how the addition of Taiwan Cooperative to your portfolios can decrease your overall portfolio volatility.