DingZing Advanced (Taiwan) Price on May 18, 2023
| 6585 Stock | 141.50 2.50 1.74% |
If you're considering investing in DingZing Stock, it is important to understand the factors that can impact its price. As of today, the current price of DingZing Advanced stands at 141.50, as last reported on the 28th of December, with the highest price reaching 144.50 and the lowest price hitting 141.00 during the day. DingZing Advanced secures Sharpe Ratio (or Efficiency) of -0.0782, which denotes the company had a -0.0782% return per unit of risk over the last 3 months. DingZing Advanced Materials exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DingZing Advanced's Standard Deviation of 2.5, mean deviation of 1.86, and Variance of 6.26 to check the risk estimate we provide.
DingZing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DingZing |
Sharpe Ratio = -0.0782
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| Negative Returns | 6585 |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DingZing Advanced 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 DingZing Advanced by adding DingZing Advanced to a well-diversified portfolio.
DingZing Advanced Valuation on May 18, 2023
It is possible to determine the worth of DingZing Advanced on a given historical date. On May 18, 2023 DingZing was worth 57.54 at the beginning of the trading date compared to the closed value of 56.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DingZing Advanced stock. Still, in general, we apply an absolute valuation method to find DingZing Advanced'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 DingZing Advanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DingZing Advanced's related companies.
| Open | High | Low | Close | Volume | |
| 54.92 | 57.45 | 54.83 | 57.17 | 251,020 | |
05/18/2023 | 57.54 | 58.01 | 56.60 | 56.60 | 79,000 |
| 57.07 | 57.73 | 56.79 | 56.79 | 25,000 |
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DingZing Advanced Trading Date Momentum on May 18, 2023
| On May 19 2023 DingZing Advanced Materials was traded for 56.79 at the closing time. The highest price during the trading period was 57.73 and the lowest recorded bid was listed for 56.79 . The volume for the day was 25 K. This history from May 19, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.34% . The overall trading delta to the current price is 2.49% . |
DingZing Advanced Fundamentals Correlations and Trends
By evaluating DingZing Advanced'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 DingZing Advanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DingZing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DingZing Advanced Stock history
DingZing Advanced 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 DingZing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DingZing Advanced 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 DingZing Advanced stock prices may prove useful in developing a viable investing in DingZing Advanced
DingZing Advanced Stock Technical Analysis
DingZing Advanced 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
DingZing Advanced Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
DingZing Advanced Materials cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock 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.
DingZing Advanced December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how DingZing Advanced stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DingZing Advanced shares will generate the highest return on investment. By undertsting and applying DingZing Advanced stock market strength indicators, traders can identify DingZing Advanced Materials entry and exit signals to maximize returns
DingZing Advanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DingZing Advanced's price direction in advance. Along with the technical and fundamental analysis of DingZing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DingZing 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 | (0.07) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.7416 |
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Additional Tools for DingZing Stock Analysis
When running DingZing Advanced's price analysis, check to measure DingZing Advanced'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 DingZing Advanced is operating at the current time. Most of DingZing Advanced's value examination focuses on studying past and present price action to predict the probability of DingZing Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DingZing Advanced's price. Additionally, you may evaluate how the addition of DingZing Advanced to your portfolios can decrease your overall portfolio volatility.