Tainan Spinning (Taiwan) Price History

1440 Stock  TWD 19.60  0.40  2.00%   
If you're considering investing in Tainan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tainan Spinning stands at 19.60, as last reported on the 5th of May, with the highest price reaching 20.05 and the lowest price hitting 19.45 during the day. Tainan Spinning appears to be very steady, given 3 months investment horizon. Tainan Spinning owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. By inspecting Tainan Spinning's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please review Tainan Spinning's Semi Deviation of 0.6824, coefficient of variation of 491.31, and Risk Adjusted Performance of 0.1356 to confirm if our risk estimates are consistent with your expectations.
  
Tainan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2253

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns1440
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.36
  actual daily
20
80% of assets are more volatile

Expected Return

 0.53
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
17
83% of assets perform better
Based on monthly moving average Tainan Spinning is performing at about 17% 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 Tainan Spinning by adding it to a well-diversified portfolio.

Tainan Spinning Stock Price History Chart

There are several ways to analyze Tainan Stock price data. The simplest method is using a basic Tainan candlestick price chart, which shows Tainan Spinning price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceApril 29, 202420.15
Lowest PriceJanuary 31, 202414.85

Tainan Spinning May 5, 2024 Stock Price Synopsis

Various analyses of Tainan Spinning's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Tainan Stock. It can be used to describe the percentage change in the price of Tainan Spinning from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Tainan Stock.
Tainan Spinning Price Rate Of Daily Change 0.98 
Tainan Spinning Price Action Indicator(0.35)
Tainan Spinning Price Daily Balance Of Power(0.67)

Tainan Spinning May 5, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Tainan Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Tainan Spinning intraday prices and daily technical indicators to check the level of noise trading in Tainan Stock and then apply it to test your longer-term investment strategies against Tainan.

Tainan Stock Price History Data

The price series of Tainan Spinning for the period between Mon, Feb 5, 2024 and Sun, May 5, 2024 has a statistical range of 5.3 with a coefficient of variation of 8.67. The prices are distributed with arithmetic mean of 15.83. The median price for the last 90 days is 15.35. The company had 1010:1000 stock split on 29th of July 2015. Tainan Spinning issued dividends on 2022-07-14.
OpenHighLowCloseVolume
05/05/2024
 20.00  20.05  19.45  19.60 
05/03/2024 20.00  20.05  19.45  19.60  14,539,760 
05/02/2024 19.90  20.50  19.70  20.00  20,586,510 
04/30/2024 20.10  20.40  19.50  19.70  18,082,130 
04/29/2024 20.05  20.65  19.50  20.15  36,837,842 
04/26/2024 19.80  20.45  19.15  19.90  71,069,869 
04/25/2024 17.80  19.30  17.60  19.30  57,364,252 
04/24/2024 17.60  18.00  17.30  17.55  13,828,722 
04/23/2024 17.80  18.10  16.90  17.75  34,667,846 
04/22/2024 15.65  17.10  15.65  17.10  16,348,137 
04/19/2024 15.70  15.95  15.40  15.55  1,582,944 
04/18/2024 15.60  15.85  15.50  15.85  1,280,614 
04/17/2024 15.50  15.70  15.45  15.60  929,141 
04/16/2024 15.85  15.85  15.45  15.45  1,527,829 
04/15/2024 15.75  16.05  15.75  15.85  1,070,117 
04/12/2024 15.95  15.95  15.70  15.80  1,237,945 
04/11/2024 16.10  16.15  15.95  15.95  1,324,733 
04/10/2024 16.15  16.30  16.05  16.10  2,084,281 
04/09/2024 15.65  16.35  15.65  16.20  4,771,351 
04/08/2024 15.50  15.70  15.50  15.60  1,493,946 
04/03/2024 15.60  15.70  15.40  15.50  871,931 
04/02/2024 15.60  15.70  15.50  15.60  1,795,513 
04/01/2024 15.15  15.65  15.15  15.60  2,685,280 
03/29/2024 15.35  15.35  15.15  15.15  916,000 
03/28/2024 15.30  15.45  15.30  15.35  1,440,348 
03/27/2024 15.20  15.40  15.20  15.30  1,119,783 
03/26/2024 15.20  15.50  15.20  15.20  1,575,055 
03/25/2024 15.25  15.25  15.10  15.20  877,618 
03/22/2024 15.15  15.30  15.10  15.25  1,690,471 
03/21/2024 15.20  15.20  15.00  15.10  951,638 
03/20/2024 15.05  15.10  14.90  15.05  1,449,654 
03/19/2024 15.05  15.30  15.00  15.10  1,410,521 
03/18/2024 15.20  15.20  15.00  15.10  1,150,502 
03/15/2024 15.40  15.40  15.10  15.20  973,761 
03/14/2024 15.45  15.45  15.20  15.30  983,345 
03/13/2024 15.40  15.40  15.15  15.15  1,078,158 
03/12/2024 15.15  15.50  15.10  15.40  1,605,463 
03/11/2024 15.10  15.15  14.95  15.05  1,313,335 
03/08/2024 15.05  15.15  14.95  15.00  1,049,663 
03/07/2024 15.40  15.40  15.10  15.10  1,690,186 
03/06/2024 15.30  15.45  15.30  15.35  532,948 
03/05/2024 15.20  15.60  15.20  15.30  1,138,918 
03/04/2024 15.25  15.30  15.15  15.25  950,012 
03/01/2024 15.40  15.40  15.25  15.35  733,517 
02/29/2024 15.40  15.45  15.20  15.45  1,006,875 
02/27/2024 15.40  15.50  15.20  15.25  816,651 
02/26/2024 15.45  15.50  15.35  15.45  753,323 
02/23/2024 15.55  15.60  15.45  15.45  776,181 
02/22/2024 15.65  15.65  15.50  15.55  552,644 
02/21/2024 15.75  15.75  15.60  15.65  656,037 
02/20/2024 15.85  15.85  15.55  15.65  969,377 
02/19/2024 15.30  15.85  15.30  15.80  1,649,939 
02/16/2024 15.05  15.25  15.00  15.25  849,879 
02/15/2024 14.90  15.00  14.85  15.00  585,158 
02/05/2024 15.05  15.05  14.80  14.85  475,375 
02/02/2024 15.05  15.05  14.90  15.00  627,262 
02/01/2024 15.00  15.10  14.95  14.95  655,791 
01/31/2024 15.00  15.00  14.85  14.85  484,075 
01/30/2024 15.15  15.20  14.90  14.90  758,455 
01/29/2024 15.10  15.25  15.10  15.10  415,205 
01/26/2024 15.05  15.20  15.05  15.15  597,216 

About Tainan Spinning Stock history

Tainan Spinning 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 Tainan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tainan Spinning 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 Tainan Spinning stock prices may prove useful in developing a viable investing in Tainan Spinning
Tainan Spinning Co., Ltd. manufactures, processes, and sells various textile products in Taiwan and internationally. The company was founded in 1955 and is headquartered in Tainan City, Taiwan. TAINAN SPINNING operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.

Tainan Spinning Stock Technical Analysis

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

Did you try this?

Run Performance Analysis Now

   

Performance Analysis

Check effects of mean-variance optimization against your current asset allocation
All  Next Launch Module

Tainan Spinning Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tainan Spinning's price direction in advance. Along with the technical and fundamental analysis of Tainan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tainan 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, which includes a position in Tainan Spinning Co. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Tainan Stock analysis

When running Tainan Spinning's price analysis, check to measure Tainan Spinning'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 Tainan Spinning is operating at the current time. Most of Tainan Spinning's value examination focuses on studying past and present price action to predict the probability of Tainan Spinning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tainan Spinning's price. Additionally, you may evaluate how the addition of Tainan Spinning to your portfolios can decrease your overall portfolio volatility.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
CEOs Directory
Screen CEOs from public companies around the world
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Please note, there is a significant difference between Tainan Spinning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tainan Spinning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tainan Spinning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.