Tacheng Real (Taiwan) Price on March 24, 2023

6171 Stock  TWD 40.90  0.05  0.12%   
If you're considering investing in Tacheng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tacheng Real stands at 40.90, as last reported on the 18th of December 2024, with the highest price reaching 40.95 and the lowest price hitting 40.65 during the day. Tacheng Real Estate owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0312, which indicates the firm had a -0.0312% return per unit of risk over the last 3 months. Tacheng Real Estate exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tacheng Real's Risk Adjusted Performance of 0.0134, coefficient of variation of 13701.04, and Semi Deviation of 3.46 to confirm the risk estimate we provide.
  
Tacheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0312

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Estimated Market Risk

 3.25
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tacheng Real 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 Tacheng Real by adding Tacheng Real to a well-diversified portfolio.

Tacheng Real Valuation on March 24, 2023

It is possible to determine the worth of Tacheng Real on a given historical date. On March 24, 2023 Tacheng was worth 21.87 at the beginning of the trading date compared to the closed value of 22.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tacheng Real stock. Still, in general, we apply an absolute valuation method to find Tacheng Real'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 Tacheng Real where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tacheng Real's related companies.
 Open High Low Close Volume
  22.44    22.44    22.20    22.20    340,017  
03/24/2023
  21.87    22.25    21.49    22.06    475,936  
  22.06    22.06    21.82    21.82    151,893  
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Open Value
21.87
22.06
Closing Value
31.63
Upside

Tacheng Real Trading Date Momentum on March 24, 2023

On March 27 2023 Tacheng Real Estate was traded for  21.82  at the closing time. The highest price during the trading period was 22.06  and the lowest recorded bid was listed for  21.82 . The volume for the day was 151.9 K. This history from March 27, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.09% . The trading price change to the current price is 0.86% .

Tacheng Real Estate Fundamentals Correlations and Trends

By evaluating Tacheng Real'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 Tacheng Real's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tacheng financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tacheng Real Stock history

Tacheng Real 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 Tacheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tacheng Real Estate 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 Tacheng Real stock prices may prove useful in developing a viable investing in Tacheng Real
It is also involved in the development, rental, and sale of residential and building properties building materials wholesale and retail and provision of landscape and interior design services. The company was founded in 1984 and is based in Taichung, Taiwan. TAIWAN ARIES operates under Real EstateDevelopment classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 20 people.

Tacheng Real Stock Technical Analysis

Tacheng Real 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 Tacheng Real technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tacheng Real 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

Tacheng Real Period Price Range

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December 18, 2024
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Tacheng Real Estate 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.

Tacheng Real December 18, 2024 Market Strength

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

Tacheng Real Technical and Predictive Indicators

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

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