Chief Telecom (Taiwan) Price on August 23, 2024
| 6561 Stock | 470.50 3.50 0.74% |
If you're considering investing in Chief Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chief Telecom stands at 470.50, as last reported on the 17th of December 2024, with the highest price reaching 476.50 and the lowest price hitting 469.00 during the day. At this stage we consider Chief Stock to be very steady. Chief Telecom secures Sharpe Ratio (or Efficiency) of 0.0107, which signifies that the company had a 0.0107% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Chief Telecom, which you can use to evaluate the volatility of the firm. Please confirm Chief Telecom's Mean Deviation of 1.34, downside deviation of 1.83, and Risk Adjusted Performance of 0.0158 to double-check if the risk estimate we provide is consistent with the expected return of 0.0218%.
Chief Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chief |
Sharpe Ratio = 0.0107
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6561 |
Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chief Telecom 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 Chief Telecom by adding Chief Telecom to a well-diversified portfolio.
Chief Telecom Valuation on August 23, 2024
It is possible to determine the worth of Chief Telecom on a given historical date. On August 23, 2024 Chief was worth 515.0 at the beginning of the trading date compared to the closed value of 503.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chief Telecom stock. Still, in general, we apply an absolute valuation method to find Chief Telecom'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 Chief Telecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chief Telecom's related companies.
| Open | High | Low | Close | Volume | |
| 507.00 | 518.00 | 499.50 | 517.00 | 495,150 | |
08/23/2024 | 515.00 | 521.00 | 498.50 | 503.00 | 492,630 |
| 495.50 | 503.00 | 490.00 | 490.50 | 405,527 |
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Chief Telecom Trading Date Momentum on August 23, 2024
| On August 26 2024 Chief Telecom was traded for 490.50 at the closing time. The highest price during the trading period was 503.00 and the lowest recorded bid was listed for 490.00 . The volume for the day was 405.5 K. This history from August 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.49% . The overall trading delta to the current price is 8.35% . |
Chief Telecom Fundamentals Correlations and Trends
By evaluating Chief Telecom'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 Chief Telecom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chief financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chief Telecom Stock history
Chief Telecom 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 Chief is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chief Telecom 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 Chief Telecom stock prices may prove useful in developing a viable investing in Chief Telecom
Chief Telecom Stock Technical Analysis
Chief Telecom 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
Chief Telecom Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Chief Telecom 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.
Chief Telecom December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Chief Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chief Telecom shares will generate the highest return on investment. By undertsting and applying Chief Telecom stock market strength indicators, traders can identify Chief Telecom entry and exit signals to maximize returns
Chief Telecom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chief Telecom's price direction in advance. Along with the technical and fundamental analysis of Chief Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chief 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 | 0.0158 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0157 |
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Additional Tools for Chief Stock Analysis
When running Chief Telecom's price analysis, check to measure Chief Telecom'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 Chief Telecom is operating at the current time. Most of Chief Telecom's value examination focuses on studying past and present price action to predict the probability of Chief Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chief Telecom's price. Additionally, you may evaluate how the addition of Chief Telecom to your portfolios can decrease your overall portfolio volatility.