Hsin Kao (Taiwan) Price on May 7, 2024

9931 Stock  TWD 34.30  0.05  0.15%   
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 34.30, as last reported on the 13th of December 2024, with the highest price reaching 35.20 and the lowest price hitting 34.10 during the day. At this stage we consider Hsin Stock to be very steady. Hsin Kao Gas holds Efficiency (Sharpe) Ratio of 0.022, which attests that the entity had a 0.022% 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 Downside Deviation of 0.6612, market risk adjusted performance of 0.9145, and Risk Adjusted Performance of 0.0327 to validate if the risk estimate we provide is consistent with the expected return of 0.0134%.
  
Hsin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.022

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Estimated Market Risk

 0.61
  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 Hsin Kao 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 Hsin Kao by adding it to a well-diversified portfolio.

Hsin Kao Valuation on May 7, 2024

It is possible to determine the worth of Hsin Kao on a given historical date. On May 7, 2024 Hsin was worth 37.75 at the beginning of the trading date compared to the closed value of 37.55. 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
  37.45    37.90    37.45    37.90    27,055  
05/07/2024
  37.75    37.85    37.35    37.55    42,001  
  37.55    37.75    37.50    37.75    14,000  
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Open Value
37.75
37.55
Closing Value
39.59
Upside

Hsin Kao Trading Date Momentum on May 7, 2024

On May 08 2024 Hsin Kao Gas was traded for  37.75  at the closing time. The highest price during the trading period was 37.75  and the lowest recorded bid was listed for  37.50 . The volume for the day was 14 K. This history from May 8, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.53% . The trading delta at closing time to the current price is 1.73% .

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.
A focus of Hsin Kao technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hsin Kao 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

Hsin Kao Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

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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 13, 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.

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.