Hsin Kao (Taiwan) Price on January 30, 2023
| 9931 Stock | TWD 34.35 0.10 0.29% |
If you're considering investing in Hsin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hsin Kao stands at 34.35, as last reported on the 11th of December 2024, with the highest price reaching 34.40 and the lowest price hitting 34.25 during the day. At this stage we consider Hsin Stock to be very steady. Hsin Kao Gas holds Efficiency (Sharpe) Ratio of 0.0105, which attests that the entity had a 0.0105% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hsin Kao Gas, which you can use to evaluate the volatility of the firm. Please check out Hsin Kao's Market Risk Adjusted Performance of 0.4169, downside deviation of 0.7112, and Risk Adjusted Performance of 0.0228 to validate if the risk estimate we provide is consistent with the expected return of 0.0066%.
Hsin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hsin |
Sharpe Ratio = 0.0105
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 9931 |
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
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hsin Kao 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 Hsin Kao by adding Hsin Kao to a well-diversified portfolio.
Hsin Kao Valuation on January 30, 2023
It is possible to determine the worth of Hsin Kao on a given historical date. On January 30, 2023 Hsin was worth 39.45 at the beginning of the trading date compared to the closed value of 39.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hsin Kao stock. Still, in general, we apply an absolute valuation method to find Hsin Kao'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 Hsin Kao where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hsin Kao's related companies.
| Open | High | Low | Close | Volume | |
01/30/2023 | 39.45 | 39.65 | 39.25 | 39.50 | 5,063 |
| 39.75 | 40.00 | 39.75 | 39.95 | 7,009 |
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Hsin Kao Trading Date Momentum on January 30, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Hsin Kao Gas Fundamentals Correlations and Trends
By evaluating Hsin Kao'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 Hsin Kao's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hsin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hsin Kao Stock history
Hsin Kao 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 Hsin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hsin Kao Gas 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 Hsin Kao stock prices may prove useful in developing a viable investing in Hsin Kao
Hsin Kao Stock Technical Analysis
Hsin Kao 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
Hsin Kao Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Hsin Kao Gas 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.
Hsin Kao December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hsin Kao stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hsin Kao shares will generate the highest return on investment. By undertsting and applying Hsin Kao stock market strength indicators, traders can identify Hsin Kao Gas entry and exit signals to maximize returns
Hsin Kao Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hsin Kao's price direction in advance. Along with the technical and fundamental analysis of Hsin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hsin 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 | 0.0228 | |||
| Jensen Alpha | 0.0088 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.4069 |
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Additional Tools for Hsin Stock Analysis
When running Hsin Kao's price analysis, check to measure Hsin Kao'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 Hsin Kao is operating at the current time. Most of Hsin Kao's value examination focuses on studying past and present price action to predict the probability of Hsin Kao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsin Kao's price. Additionally, you may evaluate how the addition of Hsin Kao to your portfolios can decrease your overall portfolio volatility.