Grand Fortune (Taiwan) Price on December 20, 2024
| 6026 Stock | TWD 12.20 0.10 0.81% |
If you're considering investing in Grand Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grand Fortune stands at 12.20, as last reported on the 21st of December, with the highest price reaching 12.25 and the lowest price hitting 12.20 during the day. Grand Fortune Securities holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of standard deviation over the last 3 months. Grand Fortune Securities exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grand Fortune's risk adjusted performance of (0.11), and Market Risk Adjusted Performance of (0.60) to validate the risk estimate we provide.
Grand Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grand |
Sharpe Ratio = -0.1348
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6026 |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Grand Fortune 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 Grand Fortune by adding Grand Fortune to a well-diversified portfolio.
Grand Fortune Valuation on December 20, 2024
It is possible to determine the worth of Grand Fortune on a given historical date. On December 20, 2024 Grand was worth 12.25 at the beginning of the trading date compared to the closed value of 12.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grand Fortune stock. Still, in general, we apply an absolute valuation method to find Grand Fortune'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 Grand Fortune where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grand Fortune's related companies.
| Open | High | Low | Close | Volume | |
| 12.30 | 12.35 | 12.20 | 12.20 | 703,543 | |
12/20/2024 | 12.25 | 12.25 | 12.20 | 12.20 | 246,252 |
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Grand Fortune Trading Date Momentum on December 20, 2024
| On December 20 2024 Grand Fortune Securities was traded for 12.20 at the closing time. The highest price during the trading period was 12.25 and the lowest recorded bid was listed for 12.20 . The volume for the day was 246.3 K. This history from December 20, 2024 did not cause price change. The overall trading delta to the current price is 0.41% . |
Grand Fortune Securities Fundamentals Correlations and Trends
By evaluating Grand Fortune'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 Grand Fortune's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grand financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grand Fortune Stock history
Grand Fortune 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 Grand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grand Fortune 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 Grand Fortune stock prices may prove useful in developing a viable investing in Grand Fortune
,Ltd provides securities underwriting and brokerage services in Taiwan. The company was founded in 1978 and is headquartered in Taipei City, Taiwan. GRAND FORTUNE is traded on Taiwan OTC Exchange in Taiwan.
Grand Fortune Stock Technical Analysis
Grand Fortune 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
Grand Fortune Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Grand Fortune Securities 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.
Grand Fortune December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Grand Fortune stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grand Fortune shares will generate the highest return on investment. By undertsting and applying Grand Fortune stock market strength indicators, traders can identify Grand Fortune Securities entry and exit signals to maximize returns
Grand Fortune Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grand Fortune's price direction in advance. Along with the technical and fundamental analysis of Grand Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grand 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 | (0.11) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.61) |
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Additional Tools for Grand Stock Analysis
When running Grand Fortune's price analysis, check to measure Grand Fortune'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 Grand Fortune is operating at the current time. Most of Grand Fortune's value examination focuses on studying past and present price action to predict the probability of Grand Fortune's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Fortune's price. Additionally, you may evaluate how the addition of Grand Fortune to your portfolios can decrease your overall portfolio volatility.