Chien Kuo (Taiwan) Price on April 25, 2024
| 5515 Stock | TWD 23.55 0.05 0.21% |
If you're considering investing in Chien Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chien Kuo stands at 23.55, as last reported on the 29th of May, with the highest price reaching 23.80 and the lowest price hitting 23.00 during the day. Chien Kuo appears to be not too volatile, given 3 months investment horizon. Chien Kuo Construction secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. By analyzing Chien Kuo's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Chien Kuo's Mean Deviation of 2.54, downside deviation of 3.09, and Risk Adjusted Performance of 0.0832 to double-check if our risk estimates are consistent with your expectations.
Chien Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chien |
Sharpe Ratio = 0.1457
| Best Portfolio | Best Equity | |||
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| Small Returns | 5515 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.6 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Chien Kuo is performing at about 11% 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 Chien Kuo by adding it to a well-diversified portfolio.
Chien Kuo Valuation on April 25, 2024
It is possible to determine the worth of Chien Kuo on a given historical date. On April 25, 2024 Chien was worth 25.1 at the beginning of the trading date compared to the closed value of 24.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chien Kuo stock. Still, in general, we apply an absolute valuation method to find Chien Kuo'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 Chien Kuo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chien Kuo's related companies.
| Open | High | Low | Close | Volume | |
| 25.50 | 25.95 | 25.00 | 25.15 | 4,310,518 | |
04/25/2024 | 25.10 | 25.75 | 24.75 | 24.90 | 4,140,690 |
| 25.05 | 25.20 | 24.25 | 24.45 | 4,893,677 |
| Backtest Chien Kuo | | | Chien Kuo History | | | Chien Kuo Valuation | Previous | Next |
Chien Kuo Trading Date Momentum on April 25, 2024
| On April 26 2024 Chien Kuo Construction was traded for 24.45 at the closing time. The highest price during the trading period was 25.20 and the lowest recorded bid was listed for 24.25 . The volume for the day was 4.9 M. This history from April 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.81% . The overall trading delta to the current price is 1.20% . |
Chien Kuo Construction Fundamentals Correlations and Trends
By evaluating Chien Kuo'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 Chien Kuo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chien financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chien Kuo Stock history
Chien Kuo 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 Chien is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chien Kuo Construction 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 Chien Kuo stock prices may prove useful in developing a viable investing in Chien Kuo
Chien Kuo Construction Co., Ltd. engages in the construction business in Taiwan and China. The company was founded in 1931 and is headquartered in Taipei City, Taiwan. CHIEN KUO operates under Engineering Construction classification in Taiwan and is traded on Taiwan Stock Exchange.
Chien Kuo Stock Technical Analysis
Chien Kuo 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
Chien Kuo Period Price Range
Low | April 25, 2024
| High |
25.10 | 24.90 |
Chien Kuo May 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Chien Kuo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chien Kuo shares will generate the highest return on investment. By undertsting and applying Chien Kuo stock market strength indicators, traders can identify Chien Kuo Construction entry and exit signals to maximize returns
| Accumulation Distribution | 160803.0 | |||
| Daily Balance Of Power | (0.20) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 25.25 | |||
| Day Typical Price | 25.13 | |||
| Price Action Indicator | (0.45) | |||
| Period Momentum Indicator | (1.35) |
Chien Kuo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chien Kuo's price direction in advance. Along with the technical and fundamental analysis of Chien Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chien 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 | 0.0832 | |||
| Jensen Alpha | 0.4454 | |||
| Total Risk Alpha | 0.2887 | |||
| Sortino Ratio | 0.1337 | |||
| Treynor Ratio | (1.53) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chien Kuo Construction. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Chien Stock analysis
When running Chien Kuo's price analysis, check to measure Chien Kuo'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 Chien Kuo is operating at the current time. Most of Chien Kuo's value examination focuses on studying past and present price action to predict the probability of Chien Kuo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chien Kuo's price. Additionally, you may evaluate how the addition of Chien Kuo to your portfolios can decrease your overall portfolio volatility.
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