Paiho Shih (Taiwan) Price on November 18, 2024
| 8404 Stock | TWD 27.20 1.50 5.23% |
If you're considering investing in Paiho Stock, it is important to understand the factors that can impact its price. As of today, the current price of Paiho Shih stands at 27.20, as last reported on the 16th of December 2024, with the highest price reaching 28.60 and the lowest price hitting 26.70 during the day. Paiho Shih appears to be not too volatile, given 3 months investment horizon. Paiho Shih Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Paiho Shih's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please evaluate Paiho Shih's Semi Deviation of 2.24, risk adjusted performance of 0.1459, and Coefficient Of Variation of 525.41 to confirm if our risk estimates are consistent with your expectations.
Paiho Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Paiho |
Sharpe Ratio = 0.1819
| Best Portfolio | Best Equity | |||
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| Small Returns | 8404 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Paiho Shih is performing at about 14% 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 Paiho Shih by adding it to a well-diversified portfolio.
Paiho Shih Valuation on November 18, 2024
It is possible to determine the worth of Paiho Shih on a given historical date. On November 18, 2024 Paiho was worth 27.55 at the beginning of the trading date compared to the closed value of 28.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paiho Shih stock. Still, in general, we apply an absolute valuation method to find Paiho Shih'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 Paiho Shih where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paiho Shih's related companies.
| Open | High | Low | Close | Volume | |
| 28.05 | 28.70 | 27.50 | 27.55 | 1,352,873 | |
11/18/2024 | 27.55 | 28.80 | 27.10 | 28.45 | 2,567,369 |
| 28.30 | 28.60 | 28.05 | 28.10 | 1,331,019 |
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Paiho Shih Trading Date Momentum on November 18, 2024
| On November 19 2024 Paiho Shih Holdings was traded for 28.10 at the closing time. The highest price during the trading period was 28.60 and the lowest recorded bid was listed for 28.05 . The volume for the day was 1.3 M. This history from November 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.23% . The trading delta at closing time to the current price is 2.99% . |
Paiho Shih Holdings Fundamentals Correlations and Trends
By evaluating Paiho Shih'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 Paiho Shih's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paiho financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paiho Shih Stock history
Paiho Shih 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 Paiho is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paiho Shih Holdings 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 Paiho Shih stock prices may prove useful in developing a viable investing in Paiho Shih
Paiho Shih Holdings Corporation, through its subsidiaries, manufactures and sells touch fastener, webbing, elastic, jacquard engineered mesh, and related peripheral materials in China and internationally. Paiho Shih Holdings Corporation is a subsidiary of Paiho Intl Limited. Paiho Shih is traded on Taiwan Stock Exchange in Taiwan.
Paiho Shih Stock Technical Analysis
Paiho Shih 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
Paiho Shih Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Paiho Shih Holdings 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.
Paiho Shih December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Paiho Shih stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paiho Shih shares will generate the highest return on investment. By undertsting and applying Paiho Shih stock market strength indicators, traders can identify Paiho Shih Holdings entry and exit signals to maximize returns
Paiho Shih Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paiho Shih's price direction in advance. Along with the technical and fundamental analysis of Paiho Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paiho 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 | 0.1459 | |||
| Jensen Alpha | 0.6365 | |||
| Total Risk Alpha | 0.2209 | |||
| Sortino Ratio | 0.21 | |||
| Treynor Ratio | 3.13 |
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Additional Tools for Paiho Stock Analysis
When running Paiho Shih's price analysis, check to measure Paiho Shih'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 Paiho Shih is operating at the current time. Most of Paiho Shih's value examination focuses on studying past and present price action to predict the probability of Paiho Shih's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paiho Shih's price. Additionally, you may evaluate how the addition of Paiho Shih to your portfolios can decrease your overall portfolio volatility.