Concord Securities (Taiwan) Price on December 25, 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 30th 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, standard deviation of 0.6432, and Risk Adjusted Performance of (0.1) 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.
Concord |
Sharpe Ratio = -0.1371
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 6016 |
Estimated Market Risk
0.65 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 December 25, 2023
It is possible to determine the worth of Concord Securities on a given historical date. On December 25, 2023 Concord was worth 12.15 at the beginning of the trading date compared to the closed value of 12.15. 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 | |
12.20 | 12.24 | 12.11 | 12.11 | 843,150 | |
12/25/2023 | 12.15 | 12.24 | 12.11 | 12.15 | 754,950 |
12.15 | 12.24 | 12.11 | 12.20 | 847,350 |
Backtest Concord Securities | | | Concord Securities History | | | Concord Securities Valuation | Previous | Next |
Concord Securities Trading Date Momentum on December 25, 2023
On December 26 2023 Concord Securities Co was traded for 12.20 at the closing time. The highest price during the trading period was 12.24 and the lowest recorded bid was listed for 12.11 . The volume for the day was 847.4 K. This history from December 26, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.41% . The overall trading delta to the current price is 2.63% . |
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.
Price Boundaries
Concord Securities Period Price Range
Low | December 30, 2024
| 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 30, 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.
Risk Adjusted Performance | (0.1) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.10) | |||
Treynor Ratio | (0.74) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.