Fusheng Precision (Taiwan) Price on May 28, 2024
| 6670 Stock | 324.50 5.50 1.72% |
If you're considering investing in Fusheng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fusheng Precision stands at 324.50, as last reported on the 27th of December, with the highest price reaching 327.50 and the lowest price hitting 320.00 during the day. At this stage we consider Fusheng Stock to be very steady. Fusheng Precision secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fusheng Precision Co, which you can use to evaluate the volatility of the firm. Please confirm Fusheng Precision's Coefficient Of Variation of 1233.73, mean deviation of 1.34, and Downside Deviation of 1.94 to check if the risk estimate we provide is consistent with the expected return of 0.19%.
Fusheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fusheng |
Sharpe Ratio = 0.1105
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 6670 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fusheng Precision is performing at about 8% 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 Fusheng Precision by adding it to a well-diversified portfolio.
Fusheng Precision Valuation on May 28, 2024
It is possible to determine the worth of Fusheng Precision on a given historical date. On May 28, 2024 Fusheng was worth 285.5 at the beginning of the trading date compared to the closed value of 290.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fusheng Precision stock. Still, in general, we apply an absolute valuation method to find Fusheng 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 Fusheng Precision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fusheng Precision's related companies.
| Open | High | Low | Close | Volume | |
| 285.50 | 286.50 | 284.00 | 285.00 | 142,290 | |
05/28/2024 | 285.50 | 292.50 | 284.00 | 290.00 | 380,124 |
| 289.50 | 296.00 | 289.00 | 291.50 | 398,017 |
| Backtest Fusheng Precision | | | Fusheng Precision History | | | Fusheng Precision Valuation | Previous | Next |
Fusheng Precision Trading Date Momentum on May 28, 2024
| On May 29 2024 Fusheng Precision Co was traded for 291.50 at the closing time. The highest price during the trading period was 296.00 and the lowest recorded bid was listed for 289.00 . The volume for the day was 398 K. This history from May 29, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.52% . The overall trading delta to the current price is 2.76% . |
Fusheng Precision Fundamentals Correlations and Trends
By evaluating Fusheng 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 Fusheng Precision's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fusheng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fusheng Precision Stock history
Fusheng 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 Fusheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fusheng Precision 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 Fusheng Precision stock prices may prove useful in developing a viable investing in Fusheng Precision
Fusheng Precision Stock Technical Analysis
Fusheng 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
Fusheng Precision Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Fusheng Precision Co 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.
Fusheng Precision December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Fusheng 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 Fusheng Precision shares will generate the highest return on investment. By undertsting and applying Fusheng Precision stock market strength indicators, traders can identify Fusheng Precision Co entry and exit signals to maximize returns
Fusheng Precision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fusheng Precision's price direction in advance. Along with the technical and fundamental analysis of Fusheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fusheng 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 | 0.1189 | |||
| Total Risk Alpha | 0.0386 | |||
| Sortino Ratio | 0.0489 | |||
| Treynor Ratio | 0.3093 |
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| Volume Indicators |
Additional Tools for Fusheng Stock Analysis
When running Fusheng Precision's price analysis, check to measure Fusheng 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 Fusheng Precision is operating at the current time. Most of Fusheng Precision's value examination focuses on studying past and present price action to predict the probability of Fusheng 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 Fusheng Precision's price. Additionally, you may evaluate how the addition of Fusheng Precision to your portfolios can decrease your overall portfolio volatility.