Choice Development (Taiwan) Price on October 10, 2023

9929 Stock  TWD 16.00  0.10  0.63%   
If you're considering investing in Choice Stock, it is important to understand the factors that can impact its price. As of today, the current price of Choice Development stands at 16.00, as last reported on the 14th of December 2024, with the highest price reaching 16.00 and the lowest price hitting 15.90 during the day. Choice Development secures Sharpe Ratio (or Efficiency) of -0.0063, which signifies that the company had a -0.0063% return per unit of risk over the last 3 months. Choice Development exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Choice Development's Standard Deviation of 1.46, insignificant risk adjusted performance, and Mean Deviation of 0.9396 to double-check the risk estimate we provide.
  
Choice Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0063

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Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.01
  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 Choice Development 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 Choice Development by adding Choice Development to a well-diversified portfolio.

Choice Development Valuation on October 10, 2023

It is possible to determine the worth of Choice Development on a given historical date. On October 10, 2023 Choice was worth 16.15 at the beginning of the trading date compared to the closed value of 16.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Choice Development stock. Still, in general, we apply an absolute valuation method to find Choice Development'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 Choice Development where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Choice Development's related companies.
 Open High Low Close Volume
  16.20    16.20    15.90    16.10    97,385  
10/06/2023
  16.15    16.30    15.80    16.15    200,000  
  16.40    16.60    16.10    16.55    416,061  
Backtest Choice Development  |  Choice Development History  |  Choice Development Valuation   PreviousNext  
Open Value
16.15
16.15
Closing Value
20.56
Upside

Choice Development Trading Date Momentum on October 10, 2023

On October 11 2023 Choice Development was traded for  16.55  at the closing time. The highest price during the trading period was 16.60  and the lowest recorded bid was listed for  16.10 . The volume for the day was 416.1 K. This history from October 11, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 2.48% . The overall trading delta to the current price is 1.55% .

Choice Development Fundamentals Correlations and Trends

By evaluating Choice Development'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 Choice Development's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Choice financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Choice Development Stock history

Choice Development 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 Choice is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Choice Development 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 Choice Development stock prices may prove useful in developing a viable investing in Choice Development
Choice Development, Inc., doing business as Choice Printing Group, operates as a commercial publications printer in Taiwan. Choice Development, Inc. was founded in 1946 and is headquartered in Taipei, Taiwan. CHOICE DEVELOPMENT operates under Business Services classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 263 people.

Choice Development Stock Technical Analysis

Choice Development 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.
A focus of Choice Development technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Choice Development trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Choice Development Period Price Range

Low
December 14, 2024
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High

 0.00 

     

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Choice Development 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.

Choice Development December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Choice Development stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Choice Development shares will generate the highest return on investment. By undertsting and applying Choice Development stock market strength indicators, traders can identify Choice Development entry and exit signals to maximize returns

Choice Development Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Choice Development's price direction in advance. Along with the technical and fundamental analysis of Choice Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Choice 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.

Additional Tools for Choice Stock Analysis

When running Choice Development's price analysis, check to measure Choice Development'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 Choice Development is operating at the current time. Most of Choice Development's value examination focuses on studying past and present price action to predict the probability of Choice Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Choice Development's price. Additionally, you may evaluate how the addition of Choice Development to your portfolios can decrease your overall portfolio volatility.