Cheng Shin (Taiwan) Price History

2105 Stock  TWD 51.50  0.30  0.58%   
If you're considering investing in Cheng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cheng Shin stands at 51.50, as last reported on the 1st of October, with the highest price reaching 51.90 and the lowest price hitting 51.00 during the day. At this stage we consider Cheng Stock to be very steady. Cheng Shin Rubber secures Sharpe Ratio (or Efficiency) of 0.0748, which signifies that the company had a 0.0748% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Cheng Shin Rubber, which you can use to evaluate the volatility of the firm. Please confirm Cheng Shin's mean deviation of 1.17, and Risk Adjusted Performance of 0.0452 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
  
Cheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0748

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall Risk2105High RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.71
  actual daily
15
85% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Cheng Shin is performing at about 5% 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 Cheng Shin by adding it to a well-diversified portfolio.

Cheng Shin Stock Price History Chart

There are several ways to analyze Cheng Stock price data. The simplest method is using a basic Cheng candlestick price chart, which shows Cheng Shin 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 PriceSeptember 30, 202451.8
Lowest PriceAugust 5, 202444.4

Cheng Shin October 1, 2024 Stock Price Synopsis

Various analyses of Cheng Shin's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Cheng Stock. It can be used to describe the percentage change in the price of Cheng Shin from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Cheng Stock.
Cheng Shin Price Daily Balance Of Power(0.33)
Cheng Shin Price Rate Of Daily Change 0.99 
Cheng Shin Price Action Indicator(0.10)
Cheng Shin Accumulation Distribution 112,269 

Cheng Shin October 1, 2024 Stock Price Analysis

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

Cheng Stock Price History Data

The price series of Cheng Shin for the period between Wed, Jul 3, 2024 and Tue, Oct 1, 2024 has a statistical range of 7.4 with a coefficient of variation of 2.8. The prices are distributed with arithmetic mean of 48.26. The median price for the last 90 days is 48.45. The company had 1:1 stock split on 2nd of August 2013. Cheng Shin Rubber issued dividends on 2022-07-25.
OpenHighLowCloseVolume
10/01/2024 51.80  51.90  51.00  51.50  6,474,183 
09/30/2024 49.65  52.80  49.45  51.80  12,739,989 
09/27/2024 49.95  50.00  49.35  49.35  4,561,455 
09/26/2024 49.75  49.80  49.30  49.40  5,212,630 
09/25/2024 49.40  49.80  49.00  49.45  6,792,879 
09/24/2024 48.70  49.00  48.35  48.85  4,672,988 
09/23/2024 49.95  50.00  48.60  48.60  6,083,655 
09/20/2024 49.40  50.10  49.30  49.75  6,496,655 
09/19/2024 49.30  49.40  48.45  49.15  3,822,514 
09/18/2024 49.15  49.90  48.85  49.10  5,514,943 
09/16/2024 49.00  49.50  48.75  48.75  3,679,026 
09/13/2024 48.35  49.40  48.35  49.10  3,745,325 
09/12/2024 48.35  48.90  47.35  48.75  5,720,869 
09/11/2024 49.00  49.00  48.20  48.20  4,482,362 
09/10/2024 49.70  49.95  48.70  48.70  5,321,480 
09/09/2024 49.00  49.80  48.65  49.15  4,905,825 
09/06/2024 49.10  50.20  48.65  50.10  3,762,261 
09/05/2024 49.00  49.50  48.85  48.85  3,560,158 
09/04/2024 48.30  49.55  48.30  48.45  6,291,304 
09/03/2024 50.00  50.40  49.85  49.85  2,054,351 
09/02/2024 49.95  50.50  49.80  50.00  1,504,743 
08/30/2024 50.50  50.50  49.65  49.65  5,820,772 
08/29/2024 50.00  50.40  49.60  50.30  2,872,002 
08/28/2024 50.40  50.40  49.55  49.75  2,320,991 
08/27/2024 50.40  50.50  49.70  50.20  2,950,129 
08/26/2024 49.30  50.60  49.30  50.10  4,137,372 
08/23/2024 48.85  49.40  48.80  49.15  3,689,484 
08/22/2024 48.25  49.45  48.15  49.25  3,981,925 
08/21/2024 48.55  48.65  48.20  48.25  3,076,487 
08/20/2024 48.00  48.85  48.00  48.50  2,346,159 
08/19/2024 48.45  48.70  47.85  47.85  2,066,878 
08/16/2024 48.70  49.00  48.25  48.45  4,084,794 
08/15/2024 49.65  49.75  48.05  48.05  3,605,478 
08/14/2024 48.35  49.40  48.30  49.30  5,321,857 
08/13/2024 47.80  48.45  47.55  48.10  3,538,281 
08/12/2024 46.90  47.85  46.90  47.55  2,971,546 
08/09/2024 46.30  47.50  46.30  46.90  4,807,990 
08/08/2024 45.50  46.70  45.50  46.05  3,815,979 
08/07/2024 45.55  46.75  45.55  46.45  3,175,263 
08/06/2024 44.45  46.30  44.15  45.50  8,393,733 
08/05/2024 47.10  47.10  44.40  44.40  9,371,990 
08/02/2024 48.25  48.65  48.05  48.30  6,109,625 
08/01/2024 48.35  49.00  48.35  48.80  4,407,965 
07/31/2024 48.30  48.65  48.10  48.25  8,122,360 
07/30/2024 47.70  48.50  47.65  48.20  6,176,807 
07/29/2024 47.75  48.15  47.70  47.70  6,616,695 
07/26/2024 47.20  47.70  46.65  47.55  5,582,255 
07/25/2024 47.15  47.15  47.15  47.15  1.00 
07/24/2024 47.15  47.15  47.15  47.15  1.00 
07/23/2024 46.75  47.45  46.65  47.15  4,169,434 
07/22/2024 46.70  46.90  46.20  46.65  4,703,973 
07/19/2024 47.00  47.05  46.35  46.70  3,803,209 
07/18/2024 47.00  47.55  46.80  47.05  4,619,955 
07/17/2024 47.15  47.40  46.80  46.80  3,471,267 
07/16/2024 47.30  47.50  46.85  46.85  3,223,711 
07/15/2024 47.45  47.50  47.00  47.05  3,428,620 
07/12/2024 46.80  47.45  46.70  47.30  4,938,740 
07/11/2024 46.15  47.05  46.00  46.65  4,793,379 
07/10/2024 46.30  46.40  46.05  46.15  5,674,014 
07/09/2024 47.00  47.10  46.10  46.20  7,637,757 
07/08/2024 47.80  47.85  47.00  47.00  7,076,471 

About Cheng Shin Stock history

Cheng Shin 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 Cheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cheng Shin Rubber 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 Cheng Shin stock prices may prove useful in developing a viable investing in Cheng Shin
Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle tires, electrical vehicle tires, reclaimed rubbers, various rubbers and resins, and other rubber products. Co., Ltd. was founded in 1967 and is headquartered in Changhua, Taiwan. CHENG SHIN operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 30909 people.

Cheng Shin Stock Technical Analysis

Cheng Shin 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 Cheng Shin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cheng Shin 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 Latest Portfolios Now

   

Latest Portfolios

Quick portfolio dashboard that showcases your latest portfolios
All  Next Launch Module

Cheng Shin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cheng Shin's price direction in advance. Along with the technical and fundamental analysis of Cheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cheng 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.

Additional Tools for Cheng Stock Analysis

When running Cheng Shin's price analysis, check to measure Cheng Shin'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 Cheng Shin is operating at the current time. Most of Cheng Shin's value examination focuses on studying past and present price action to predict the probability of Cheng Shin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Shin's price. Additionally, you may evaluate how the addition of Cheng Shin to your portfolios can decrease your overall portfolio volatility.