Formosa International (Taiwan) Price History

2707 Stock  TWD 245.00  3.50  1.45%   
If you're considering investing in Formosa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Formosa International stands at 245.00, as last reported on the 7th of May, with the highest price reaching 252.00 and the lowest price hitting 243.00 during the day. Formosa International appears to be very steady, given 3 months investment horizon. Formosa International secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Formosa International Hotels, which you can use to evaluate the volatility of the firm. Please utilize Formosa International's Mean Deviation of 0.968, downside deviation of 1.33, and Coefficient Of Variation of 673.4 to check if our risk estimates are consistent with your expectations.
  
Formosa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2167

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Estimated Market Risk

 1.44
  actual daily
12
88% of assets are more volatile

Expected Return

 0.31
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
16
84% of assets perform better
Based on monthly moving average Formosa International is performing at about 16% 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 Formosa International by adding it to a well-diversified portfolio.

Formosa International Stock Price History Chart

There are several ways to analyze Formosa Stock price data. The simplest method is using a basic Formosa candlestick price chart, which shows Formosa International 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 PriceMay 7, 2024245.0
Lowest PriceFebruary 27, 2024205.0

Formosa International May 7, 2024 Stock Price Synopsis

Various analyses of Formosa International's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Formosa Stock. It can be used to describe the percentage change in the price of Formosa International from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Formosa Stock.
Formosa International Price Action Indicator(0.75)
Formosa International Accumulation Distribution 72,492 
Formosa International Price Daily Balance Of Power 0.39 
Formosa International Price Rate Of Daily Change 1.01 

Formosa International May 7, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Formosa 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 Formosa International intraday prices and daily technical indicators to check the level of noise trading in Formosa Stock and then apply it to test your longer-term investment strategies against Formosa.

Formosa Stock Price History Data

The price series of Formosa International for the period between Wed, Feb 7, 2024 and Tue, May 7, 2024 has a statistical range of 33.0 with a coefficient of variation of 4.03. The prices are distributed with arithmetic mean of 217.39. The median price for the last 90 days is 218.0. The company had 1084:1000 stock split on 18th of August 2015. Formosa International issued dividends on 2022-06-16.
OpenHighLowCloseVolume
05/07/2024 244.50  252.00  243.00  245.00  2,029,763 
05/06/2024 242.00  243.00  239.00  241.50  1,042,582 
05/03/2024 240.00  241.50  236.00  238.00  484,026 
05/02/2024 236.00  242.00  232.00  237.50  620,758 
04/30/2024 237.00  240.50  232.00  235.50  902,374 
04/29/2024 229.00  243.00  228.00  236.50  2,357,039 
04/26/2024 221.50  225.50  221.50  224.00  224,314 
04/25/2024 224.00  228.50  221.50  221.50  670,012 
04/24/2024 217.00  221.50  216.50  220.50  262,110 
04/23/2024 217.00  219.00  215.50  218.50  139,132 
04/22/2024 216.50  217.00  214.50  215.00  114,337 
04/19/2024 219.00  220.00  212.50  215.50  306,249 
04/18/2024 219.00  220.00  217.50  218.50  65,481 
04/17/2024 218.50  220.50  216.00  219.00  129,338 
04/16/2024 220.50  220.50  215.00  216.00  331,179 
04/15/2024 223.50  223.50  220.00  221.00  206,304 
04/12/2024 226.50  227.00  220.00  220.00  285,843 
04/11/2024 221.00  226.00  221.00  222.50  400,293 
04/10/2024 222.00  223.00  220.50  221.00  157,050 
04/09/2024 218.00  221.00  217.00  219.50  223,136 
04/08/2024 217.00  219.50  213.00  218.00  510,528 
04/03/2024 226.50  226.50  223.00  223.50  142,122 
04/02/2024 227.50  228.00  225.00  226.50  233,345 
04/01/2024 225.50  227.00  225.00  227.00  127,292 
03/29/2024 227.00  227.00  222.00  225.00  149,000 
03/28/2024 227.50  228.50  226.50  226.50  138,438 
03/27/2024 223.50  228.00  223.50  227.50  219,291 
03/26/2024 228.00  228.00  223.50  224.00  295,315 
03/25/2024 228.00  229.00  227.00  228.00  201,234 
03/22/2024 229.00  229.00  228.00  228.00  243,161 
03/21/2024 228.50  228.50  225.50  227.00  307,811 
03/20/2024 229.00  229.50  225.50  226.50  398,233 
03/19/2024 224.50  229.50  224.50  227.50  747,089 
03/18/2024 223.00  225.00  221.00  225.00  459,606 
03/15/2024 223.00  225.00  221.50  222.50  674,397 
03/14/2024 219.00  226.00  219.00  224.50  1,275,966 
03/13/2024 218.50  221.00  217.00  219.00  568,521 
03/12/2024 212.50  221.00  212.50  219.00  1,366,677 
03/11/2024 207.00  210.00  207.00  209.00  246,928 
03/08/2024 207.00  208.50  205.50  206.50  260,761 
03/07/2024 207.50  207.50  206.00  206.00  180,191 
03/06/2024 207.00  208.50  207.00  207.00  146,081 
03/05/2024 206.00  208.50  206.00  206.50  127,035 
03/04/2024 208.00  208.00  206.00  206.00  191,368 
03/01/2024 208.50  208.50  207.00  208.00  119,378 
02/29/2024 205.00  208.50  205.00  208.50  373,213 
02/27/2024 206.00  207.50  204.50  205.00  240,040 
02/26/2024 205.50  208.00  205.50  207.00  204,423 
02/23/2024 207.00  208.00  204.50  205.50  454,952 
02/22/2024 209.00  209.00  205.50  206.00  398,138 
02/21/2024 210.00  210.50  208.00  208.00  187,208 
02/20/2024 214.50  214.50  208.00  209.50  260,287 
02/19/2024 210.00  214.00  210.00  213.50  264,396 
02/16/2024 209.00  211.00  208.00  209.50  243,421 
02/15/2024 212.50  212.50  203.50  207.50  832,442 
02/05/2024 215.00  217.50  214.00  216.00  144,796 
02/02/2024 215.50  217.50  214.00  215.00  344,639 
02/01/2024 214.00  215.00  212.50  214.50  182,528 
01/31/2024 212.50  214.00  212.50  213.00  105,063 
01/30/2024 214.00  214.00  212.00  212.50  134,602 
01/29/2024 213.50  215.00  212.00  213.50  153,890 

About Formosa International Stock history

Formosa International 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 Formosa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Formosa International 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 Formosa International stock prices may prove useful in developing a viable investing in Formosa International
Formosa International Hotels Corporation operates in the hotel industry in Taiwan and internationally. The company was founded in 1991 and is based in Taipei City, Taiwan. FORMOSA INTERNATIONAL operates under Lodging classification in Taiwan and is traded on Taiwan Stock Exchange.

Formosa International Stock Technical Analysis

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

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Formosa International Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Formosa International's price direction in advance. Along with the technical and fundamental analysis of Formosa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Formosa 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 Formosa International Hotels. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Formosa International's price analysis, check to measure Formosa International'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 Formosa International is operating at the current time. Most of Formosa International's value examination focuses on studying past and present price action to predict the probability of Formosa International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa International's price. Additionally, you may evaluate how the addition of Formosa International to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Formosa International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Formosa International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formosa International'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.