Cathay Financial Holding Price on April 25, 2023

CHYFFDelisted Stock  USD 14.63  0.00  0.00%   
If you're considering investing in Cathay Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Cathay Financial stands at 14.63, as last reported on the 3rd of May, with the highest price reaching 14.63 and the lowest price hitting 14.63 during the day. We have found seventeen technical indicators for Cathay Financial Holding, which you can use to evaluate the volatility of the firm. Please confirm Cathay Financial's Risk Adjusted Performance of 0.0633, mean deviation of 0.0604, and Standard Deviation of 0.2489 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Cathay Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Cathay Financial 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 Cathay Financial by adding Cathay Financial to a well-diversified portfolio.

Cathay Financial Valuation on April 25, 2023

It is possible to determine the worth of Cathay Financial on a given historical date. On April 25, 2023 Cathay was worth 14.63 at the beginning of the trading date compared to the closed value of 14.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cathay Financial pink sheet. Still, in general, we apply an absolute valuation method to find Cathay Financial'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 Cathay Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cathay Financial's related companies.
 Open High Low Close Volume
  14.63    14.63    14.34    14.34    1.00  
04/25/2023
  14.63    14.63    14.34    14.34    1.00  
  14.63    14.63    14.34    14.34    1.00  
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Open Value
14.63
14.34
Closing Value
14.63
Upside

Cathay Financial Trading Date Momentum on April 25, 2023

On April 26 2023 Cathay Financial Holding was traded for  14.34  at the closing time. The highest daily price throughout the period was 14.63  and the lowest price was  14.34 . There was no trading activity during the period 1.0. Lack of trading volume on 04/26/2023 did not affect price variability. The overall trading delta to current closing price is 2.02% .

Cathay Financial Holding Fundamentals Correlations and Trends

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

About Cathay Financial Pink Sheet history

Cathay Financial 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 Cathay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cathay Financial Holding 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 Cathay Financial stock prices may prove useful in developing a viable investing in Cathay Financial
Cathay Financial Holding Co., Ltd., through its subsidiaries, provides various financial services in Taiwan. Cathay Financial Holding Co., Ltd. was founded in 2001 and is based in Taipei City, Taiwan. Cathay Financial operates under Asset Management classification in USA and is traded on BATS Exchange.

Cathay Financial Pink Sheet Technical Analysis

Cathay Financial technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Cathay Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cathay Financial 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

Cathay Financial Period Price Range

Low
April 25, 2023
-0.29  -1.98%
High

 14.63 

     

 14.34 

Cathay Financial May 3, 2024 Market Strength

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

Cathay Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cathay Financial's price direction in advance. Along with the technical and fundamental analysis of Cathay Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cathay 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Cathay Financial Holding information on this page should be used as a complementary analysis to other Cathay Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Consideration for investing in Cathay Pink Sheet

If you are still planning to invest in Cathay Financial Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cathay Financial's history and understand the potential risks before investing.
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