Sung Gang (Taiwan) Price on January 3, 2025
| 6240 Stock | TWD 21.20 0.10 0.47% |
If you're considering investing in Sung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sung Gang stands at 21.20, as last reported on the 10th of March, with the highest price reaching 21.20 and the lowest price hitting 21.20 during the day. At this stage we consider Sung Stock to be very steady. Sung Gang Asset owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0643, which indicates the firm had a 0.0643 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Sung Gang Asset, which you can use to evaluate the volatility of the company. Please validate Sung Gang's Risk Adjusted Performance of (0.02), variance of 6.36, and Coefficient Of Variation of (3,519) to confirm if the risk estimate we provide is consistent with the expected return of 0.0859%.
Sung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sung |
Sharpe Ratio = 0.0643
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| Cash | 6240 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Sung Gang is performing at about 5% of its full potential. 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 Sung Gang by adding it to a well-diversified portfolio.
Sung Gang Valuation on January 3, 2025
It is possible to determine the worth of Sung Gang on a given historical date. On January 3, 2025 Sung was worth 20.35 at the beginning of the trading date compared to the closed value of 20.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sung Gang stock. Still, in general, we apply an absolute valuation method to find Sung Gang'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 Sung Gang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sung Gang's related companies.
| Open | High | Low | Close | Volume | |
| 20.70 | 20.75 | 20.30 | 20.35 | 8,000 | |
01/03/2025 | 20.35 | 20.35 | 20.35 | 20.35 | 4,000 |
| 19.65 | 20.90 | 19.65 | 20.45 | 7,000 |
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Sung Gang Trading Date Momentum on January 3, 2025
| On January 06 2025 Sung Gang Asset was traded for 20.45 at the closing time. The highest price during the trading period was 20.90 and the lowest recorded bid was listed for 19.65 . The volume for the day was 7 K. This history from January 6, 2025 contributed to the next trading day price increase. The daily price change to the next closing price was 0.49% . The trading price change to the current price is 2.95% . |
Sung Gang Asset Fundamentals Correlations and Trends
By evaluating Sung Gang'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 Sung Gang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sung Gang Stock history
Sung Gang 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 Sung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sung Gang Asset 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 Sung Gang stock prices may prove useful in developing a viable investing in Sung Gang
Sung Gang Asset Management Corp.Limited primarily provides various IT books in Taiwan. The company was founded in 1997 and is headquartered in Taipei City, Taiwan. SUNG GANG operates under Publishing classification in Taiwan and is traded on Taiwan OTC Exchange.
Sung Gang Stock Technical Analysis
Sung Gang 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
Sung Gang Period Price Range
Low | March 10, 2025
| High |
0.00 | 0.00 |
Sung Gang Asset 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.
Sung Gang March 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Sung Gang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sung Gang shares will generate the highest return on investment. By undertsting and applying Sung Gang stock market strength indicators, traders can identify Sung Gang Asset entry and exit signals to maximize returns
Sung Gang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sung Gang's price direction in advance. Along with the technical and fundamental analysis of Sung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sung 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 | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.1586 | |||
| Treynor Ratio | (0.16) |
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Additional Tools for Sung Stock Analysis
When running Sung Gang's price analysis, check to measure Sung Gang'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 Sung Gang is operating at the current time. Most of Sung Gang's value examination focuses on studying past and present price action to predict the probability of Sung Gang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sung Gang's price. Additionally, you may evaluate how the addition of Sung Gang to your portfolios can decrease your overall portfolio volatility.