CHT Stock Summary and Trading Ideas (Chunghwa Telecom Co. Ltd. | NYSE:CHT)

Chunghwa Telecom Co Ltd is Taiwan's integrated telecom operator, providing fixed-line, wireless, and Internet and data services. The company segment consists of Consumer Business, Enterprise Business, International Business, and Others. The company generates the majority of its revenue from the Consumer Business segment. The consumer Business segment generates revenue from Mobile services, Fixed-line services, Sales, and others.

Chunghwa Telecom Co. Ltd. trades on the NYSE stock market under the symbol CHT.

As of December 20, 2024, CHT stock price declined to $37.61 with 158,481 million shares trading.

CHT has a beta of 0.17, meaning it tends to be less sensitive to market movements. CHT has a correlation of 0.04 to the broad based SPY ETF.

CHT has a market cap of $29.18 billion. This is considered a Large Cap stock.

In the last 3 years, CHT traded as high as $45.87 and as low as $32.90.

The top ETF exchange traded funds that CHT belongs to (by Net Assets): VWO, VEU, VXUS, AVEM, DFAE.

CHT has underperformed the market in the last year with a return of +4.2%, while the SPY ETF gained +27.8%. In the last 3 month period, CHT fell short of the market, returning -4.4%, while SPY returned +4.4%. However, in the most recent 2 weeks CHT has outperformed the stock market by returning -2.1%, while SPY returned -2.4%.

CHT support price is $37.71 and resistance is $38.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CHT shares will trade within this expected range on the day.