Taiwan Union (Taiwan) Price on November 14, 2024
| 6274 Stock | TWD 184.00 2.50 1.38% |
If you're considering investing in Taiwan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taiwan Union stands at 184.00, as last reported on the 16th of December 2024, with the highest price reaching 185.00 and the lowest price hitting 179.50 during the day. At this stage we consider Taiwan Stock to be very steady. Taiwan Union Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0481, which indicates the firm had a 0.0481% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Taiwan Union Technology, which you can use to evaluate the volatility of the company. Please validate Taiwan Union's Risk Adjusted Performance of 0.0387, coefficient of variation of 2279.99, and Semi Deviation of 1.98 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taiwan |
Sharpe Ratio = 0.0481
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| Cash | Small Risk | 6274 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Taiwan Union is performing at about 3% 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 Taiwan Union by adding it to a well-diversified portfolio.
Taiwan Union Valuation on November 14, 2024
It is possible to determine the worth of Taiwan Union on a given historical date. On November 14, 2024 Taiwan was worth 158.0 at the beginning of the trading date compared to the closed value of 154.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Union stock. Still, in general, we apply an absolute valuation method to find Taiwan Union'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 Taiwan Union where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Union's related companies.
| Open | High | Low | Close | Volume | |
| 155.00 | 159.00 | 155.00 | 158.00 | 2,746,475 | |
11/14/2024 | 158.00 | 159.00 | 154.00 | 154.50 | 3,722,203 |
| 156.00 | 157.50 | 154.50 | 155.00 | 2,018,333 |
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Taiwan Union Trading Date Momentum on November 14, 2024
| On November 15 2024 Taiwan Union Technology was traded for 155.00 at the closing time. The highest price during the trading period was 157.50 and the lowest recorded bid was listed for 154.50 . The volume for the day was 2 M. This history from November 15, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.32% . The trading price change to the current price is 9.71% . |
Taiwan Union Technology Fundamentals Correlations and Trends
By evaluating Taiwan Union'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 Taiwan Union's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taiwan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taiwan Union Stock history
Taiwan Union 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 Taiwan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiwan Union Technology 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 Taiwan Union stock prices may prove useful in developing a viable investing in Taiwan Union
Taiwan Union Technology Corporation operates in electronic industry in Taiwan, China, Japan, South Korea, the United States, and Germany. Taiwan Union Technology Corporation was founded in 1974 and is headquartered in Zhubei, Taiwan. TAIWAN UNION is traded on Taiwan OTC Exchange in Taiwan.
Taiwan Union Stock Technical Analysis
Taiwan Union 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
Taiwan Union Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Taiwan Union Technology 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.
Taiwan Union December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiwan Union stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taiwan Union shares will generate the highest return on investment. By undertsting and applying Taiwan Union stock market strength indicators, traders can identify Taiwan Union Technology entry and exit signals to maximize returns
Taiwan Union Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiwan Union's price direction in advance. Along with the technical and fundamental analysis of Taiwan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taiwan 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 | 0.0387 | |||
| Jensen Alpha | 0.0493 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0012 | |||
| Treynor Ratio | 0.192 |
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| Statistic Functions | ||
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| Volume Indicators |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Union's price analysis, check to measure Taiwan Union'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 Taiwan Union is operating at the current time. Most of Taiwan Union's value examination focuses on studying past and present price action to predict the probability of Taiwan Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Union's price. Additionally, you may evaluate how the addition of Taiwan Union to your portfolios can decrease your overall portfolio volatility.