Chunghwa Precision (Taiwan) Price on September 7, 2023
| 6510 Stock | TWD 875.00 5.00 0.57% |
If you're considering investing in Chunghwa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chunghwa Precision stands at 875.00, as last reported on the 14th of December 2024, with the highest price reaching 895.00 and the lowest price hitting 860.00 during the day. Chunghwa Precision appears to be very steady, given 3 months investment horizon. Chunghwa Precision Test secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28% return per unit of risk over the last 3 months. By analyzing Chunghwa Precision's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please makes use of Chunghwa Precision's Mean Deviation of 2.36, risk adjusted performance of 0.219, and Downside Deviation of 2.81 to double-check if our risk estimates are consistent with your expectations.
Chunghwa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chunghwa |
Sharpe Ratio = 0.2799
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Estimated Market Risk
| 3.35 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.94 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Chunghwa Precision is performing at about 22% 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 Chunghwa Precision by adding it to a well-diversified portfolio.
Chunghwa Precision Valuation on September 7, 2023
It is possible to determine the worth of Chunghwa Precision on a given historical date. On September 7, 2023 Chunghwa was worth 538.45 at the beginning of the trading date compared to the closed value of 537.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chunghwa Precision stock. Still, in general, we apply an absolute valuation method to find Chunghwa Precision'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 Chunghwa Precision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chunghwa Precision's related companies.
| Open | High | Low | Close | Volume | |
| 534.45 | 553.43 | 529.46 | 550.44 | 624,000 | |
09/07/2023 | 538.45 | 546.44 | 525.46 | 537.45 | 412,000 |
| 531.46 | 534.45 | 526.46 | 533.45 | 140,000 |
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Chunghwa Precision Trading Date Momentum on September 7, 2023
| On September 08 2023 Chunghwa Precision Test was traded for 533.45 at the closing time. The highest price during the trading period was 534.45 and the lowest recorded bid was listed for 526.46 . The volume for the day was 140 K. This history from September 8, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.74% . The overall trading delta to the current price is 0.93% . |
Chunghwa Precision Test Fundamentals Correlations and Trends
By evaluating Chunghwa Precision'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 Chunghwa Precision's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chunghwa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chunghwa Precision Stock history
Chunghwa Precision 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 Chunghwa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chunghwa Precision Test 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 Chunghwa Precision stock prices may prove useful in developing a viable investing in Chunghwa Precision
Chunghwa Precision Stock Technical Analysis
Chunghwa Precision 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
Chunghwa Precision Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Chunghwa Precision Test 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.
Chunghwa Precision December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Chunghwa Precision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chunghwa Precision shares will generate the highest return on investment. By undertsting and applying Chunghwa Precision stock market strength indicators, traders can identify Chunghwa Precision Test entry and exit signals to maximize returns
Chunghwa Precision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chunghwa Precision's price direction in advance. Along with the technical and fundamental analysis of Chunghwa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chunghwa 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 | 0.219 | |||
| Jensen Alpha | 0.8404 | |||
| Total Risk Alpha | 0.5364 | |||
| Sortino Ratio | 0.303 | |||
| Treynor Ratio | 0.83 |
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Additional Tools for Chunghwa Stock Analysis
When running Chunghwa Precision's price analysis, check to measure Chunghwa Precision'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 Chunghwa Precision is operating at the current time. Most of Chunghwa Precision's value examination focuses on studying past and present price action to predict the probability of Chunghwa Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chunghwa Precision's price. Additionally, you may evaluate how the addition of Chunghwa Precision to your portfolios can decrease your overall portfolio volatility.