San Neng (Taiwan) Price on November 29, 2024
| 6671 Stock | TWD 42.25 0.30 0.72% |
If you're considering investing in San Stock, it is important to understand the factors that can impact its price. As of today, the current price of San Neng stands at 42.25, as last reported on the 16th of December 2024, with the highest price reaching 42.70 and the lowest price hitting 41.95 during the day. At this stage we consider San Stock to be very steady. San Neng Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.018, which indicates the firm had a 0.018% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for San Neng Group, which you can use to evaluate the volatility of the company. Please validate San Neng's Coefficient Of Variation of 4273.1, semi deviation of 0.4779, and Risk Adjusted Performance of 0.0153 to confirm if the risk estimate we provide is consistent with the expected return of 0.0114%.
San Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
San |
Sharpe Ratio = 0.018
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| Negative Returns | 6671 |
Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average San Neng is performing at about 1% 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 San Neng by adding it to a well-diversified portfolio.
San Neng Valuation on November 29, 2024
It is possible to determine the worth of San Neng on a given historical date. On November 29, 2024 San was worth 41.9 at the beginning of the trading date compared to the closed value of 42.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of San Neng stock. Still, in general, we apply an absolute valuation method to find San Neng'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 San Neng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against San Neng's related companies.
| Open | High | Low | Close | Volume | |
| 42.05 | 42.05 | 41.90 | 41.90 | 33,000 | |
11/29/2024 | 41.90 | 42.00 | 41.85 | 42.00 | 18,025 |
| 42.00 | 42.00 | 41.90 | 41.90 | 9,000 |
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San Neng Trading Date Momentum on November 29, 2024
| On December 02 2024 San Neng Group was traded for 41.90 at the closing time. The highest price during the trading period was 42.00 and the lowest recorded bid was listed for 41.90 . The volume for the day was 9 K. This history from December 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.24% . The trading price change to the current price is 2.26% . |
San Neng Group Fundamentals Correlations and Trends
By evaluating San Neng'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 San Neng's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. San financial account trend analysis is a perfect complement when working with valuation or volatility modules.About San Neng Stock history
San Neng 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 San is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in San Neng Group 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 San Neng stock prices may prove useful in developing a viable investing in San Neng
San Neng Group Holdings Co., Ltd., through its subsidiaries, engages in the research, development, production, and sale of baking equipment and peripheral products in Taiwan, Mainland China, Japan, and internationally. San Neng Group Holdings Co., Ltd. was founded in 2015 and is headquartered in Grand Cayman, the Cayman Islands. SAN NENG is traded on Taiwan Stock Exchange in Taiwan.
San Neng Stock Technical Analysis
San Neng 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
San Neng Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
San Neng Group 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.
San Neng December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how San Neng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading San Neng shares will generate the highest return on investment. By undertsting and applying San Neng stock market strength indicators, traders can identify San Neng Group entry and exit signals to maximize returns
San Neng Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for San Neng's price direction in advance. Along with the technical and fundamental analysis of San Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of San 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 | 0.0153 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.0552 |
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Additional Tools for San Stock Analysis
When running San Neng's price analysis, check to measure San Neng'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 San Neng is operating at the current time. Most of San Neng's value examination focuses on studying past and present price action to predict the probability of San Neng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move San Neng's price. Additionally, you may evaluate how the addition of San Neng to your portfolios can decrease your overall portfolio volatility.