Hu Lane (Taiwan) Price on June 27, 2023
| 6279 Stock | TWD 164.00 1.50 0.91% |
If you're considering investing in 6279 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hu Lane stands at 164.00, as last reported on the 31st of May, with the highest price reaching 166.50 and the lowest price hitting 164.00 during the day. Hu Lane Associate retains Efficiency (Sharpe Ratio) of -0.0082, which attests that the entity had a -0.0082% return per unit of price deviation over the last 3 months. Hu Lane exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hu Lane's Semi Deviation of 1.49, standard deviation of 1.63, and Market Risk Adjusted Performance of 0.0354 to validate the risk estimate we provide.
6279 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
6279 |
Sharpe Ratio = -0.0082
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| Negative Returns | 6279 |
Estimated Market Risk
| 1.54 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 Hu Lane 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 Hu Lane by adding Hu Lane to a well-diversified portfolio.
Hu Lane Valuation on June 27, 2023
It is possible to determine the worth of Hu Lane on a given historical date. On June 27, 2023 6279 was worth 167.0 at the beginning of the trading date compared to the closed value of 158.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hu Lane stock. Still, in general, we apply an absolute valuation method to find Hu Lane'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 Hu Lane where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hu Lane's related companies.
| Open | High | Low | Close | Volume | |
| 169.50 | 170.00 | 160.62 | 160.62 | 1,237,000 | |
06/27/2023 | 167.00 | 170.50 | 158.69 | 158.69 | 2,501,000 |
| 166.00 | 167.50 | 157.73 | 157.73 | 1,442,000 |
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Hu Lane Trading Date Momentum on June 27, 2023
| On June 28 2023 Hu Lane Associate was traded for 157.73 at the closing time. The highest price during the trading period was 167.50 and the lowest recorded bid was listed for 157.73 . The volume for the day was 1.4 M. This history from June 28, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.60% . The trading delta at closing time to the current price is 5.24% . |
Hu Lane Associate Fundamentals Correlations and Trends
By evaluating Hu Lane'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 Hu Lane's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 6279 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hu Lane Stock history
Hu Lane 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 6279 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hu Lane Associate 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 Hu Lane stock prices may prove useful in developing a viable investing in Hu Lane
Hu Lane Associate Inc. manufactures and sells various types of metal stamped terminals for automobile, electronic, medical, solar, and other hi-tech industries in Taiwan and internationally. Hu Lane Associate Inc. was founded in 1977 and is headquartered in New Taipei City, Taiwan. HU LANE is traded on Taiwan OTC Exchange in Taiwan.
Hu Lane Stock Technical Analysis
Hu Lane 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
Hu Lane Period Price Range
Low | June 27, 2023
| High |
167.00 | 158.69 |
Hu Lane May 31, 2024 Market Strength
Market strength indicators help investors to evaluate how Hu Lane stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hu Lane shares will generate the highest return on investment. By undertsting and applying Hu Lane stock market strength indicators, traders can identify Hu Lane Associate entry and exit signals to maximize returns
| Accumulation Distribution | 173236.0 | |||
| Daily Balance Of Power | (0.70) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 164.6 | |||
| Day Typical Price | 162.63 | |||
| Price Action Indicator | (10.06) | |||
| Period Momentum Indicator | 5.31 |
Hu Lane Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hu Lane's price direction in advance. Along with the technical and fundamental analysis of 6279 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 6279 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 | 0.0181 | |||
| Jensen Alpha | 0.0102 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0043 | |||
| Treynor Ratio | 0.0254 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hu Lane Associate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for 6279 Stock analysis
When running Hu Lane's price analysis, check to measure Hu Lane'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 Hu Lane is operating at the current time. Most of Hu Lane's value examination focuses on studying past and present price action to predict the probability of Hu Lane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hu Lane's price. Additionally, you may evaluate how the addition of Hu Lane to your portfolios can decrease your overall portfolio volatility.
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