Concord Securities (Taiwan) Price on November 27, 2023

6016 Stock  TWD 13.40  0.15  1.13%   
If you're considering investing in Concord Stock, it is important to understand the factors that can impact its price. As of today, the current price of Concord Securities stands at 13.40, as last reported on the 29th of December, with the highest price reaching 13.50 and the lowest price hitting 13.40 during the day. Concord Securities secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Concord Securities Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Concord Securities' Mean Deviation of 0.4671, risk adjusted performance of (0.1), and Standard Deviation of 0.6432 to double-check the risk estimate we provide.
  
Concord Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.136

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns6016

Estimated Market Risk

 0.64
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Concord Securities 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 Concord Securities by adding Concord Securities to a well-diversified portfolio.

Concord Securities Valuation on November 27, 2023

It is possible to determine the worth of Concord Securities on a given historical date. On November 27, 2023 Concord was worth 11.7 at the beginning of the trading date compared to the closed value of 11.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Concord Securities stock. Still, in general, we apply an absolute valuation method to find Concord Securities' 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 Concord Securities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Concord Securities' related companies.
 Open High Low Close Volume
  11.79    11.79    11.65    11.65    451,500  
11/27/2023
  11.70    11.74    11.56    11.56    843,150  
  11.56    11.74    11.56    11.74    868,350  
Backtest Concord Securities  |  Concord Securities History  |  Concord Securities Valuation   PreviousNext  
Open Value
11.7
11.56
Closing Value
13.62
Upside

Concord Securities Trading Date Momentum on November 27, 2023

On November 28 2023 Concord Securities Co was traded for  11.74  at the closing time. The highest price during the trading period was 11.74  and the lowest recorded bid was listed for  11.56 . The volume for the day was 868.4 K. This history from November 28, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 1.56% . The overall trading delta to the current price is 4.76% .

Concord Securities Fundamentals Correlations and Trends

By evaluating Concord Securities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Concord Securities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Concord financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Concord Securities Stock history

Concord Securities 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 Concord is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Concord Securities 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 Concord Securities stock prices may prove useful in developing a viable investing in Concord Securities
,Ltd., through its subsidiaries, provides brokerage and wealth management services in Taiwan. ,Ltd. was incorporated in 1990 and is headquartered in Taipei, Taiwan. CONCORD SECURITIES is traded on Taiwan OTC Exchange in Taiwan.

Concord Securities Stock Technical Analysis

Concord Securities 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.
A focus of Concord Securities technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Concord Securities trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Concord Securities Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Concord Securities 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.

Concord Securities December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Concord Securities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Concord Securities shares will generate the highest return on investment. By undertsting and applying Concord Securities stock market strength indicators, traders can identify Concord Securities Co entry and exit signals to maximize returns

Concord Securities Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Concord Securities' price direction in advance. Along with the technical and fundamental analysis of Concord Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Concord 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.

Additional Tools for Concord Stock Analysis

When running Concord Securities' price analysis, check to measure Concord Securities' 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 Concord Securities is operating at the current time. Most of Concord Securities' value examination focuses on studying past and present price action to predict the probability of Concord Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concord Securities' price. Additionally, you may evaluate how the addition of Concord Securities to your portfolios can decrease your overall portfolio volatility.