Clevo (Taiwan) Price on October 7, 2024
| 2362 Stock | TWD 55.70 0.20 0.36% |
If you're considering investing in Clevo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Clevo stands at 55.70, as last reported on the 11th of December 2024, with the highest price reaching 59.90 and the lowest price hitting 55.70 during the day. At this stage we consider Clevo Stock to be very steady. Clevo secures Sharpe Ratio (or Efficiency) of 0.0184, which signifies that the company had a 0.0184% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Clevo Co, which you can use to evaluate the volatility of the firm. Please confirm Clevo's risk adjusted performance of 0.0277, and Mean Deviation of 1.74 to double-check if the risk estimate we provide is consistent with the expected return of 0.0505%.
Clevo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Clevo |
Sharpe Ratio = 0.0184
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 2362 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Clevo is performing at about 1% 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 Clevo by adding it to a well-diversified portfolio.
Clevo Valuation on October 7, 2024
It is possible to determine the worth of Clevo on a given historical date. On October 7, 2024 Clevo was worth 61.8 at the beginning of the trading date compared to the closed value of 66.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clevo stock. Still, in general, we apply an absolute valuation method to find Clevo'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 Clevo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clevo's related companies.
| Open | High | Low | Close | Volume | |
| 60.70 | 61.90 | 58.70 | 60.60 | 7,035,990 | |
10/07/2024 | 61.80 | 66.60 | 61.00 | 66.60 | 16,102,381 |
| 68.20 | 69.30 | 64.20 | 64.50 | 47,442,760 |
| Backtest Clevo | | | Clevo History | | | Clevo Valuation | Previous | Next |
Clevo Trading Date Momentum on October 7, 2024
| On October 08 2024 Clevo Co was traded for 64.50 at the closing time. The highest price during the trading period was 69.30 and the lowest recorded bid was listed for 64.20 . The volume for the day was 47.4 M. This history from October 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.15% . The overall trading delta to the current price is 10.66% . |
Clevo Fundamentals Correlations and Trends
By evaluating Clevo'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 Clevo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clevo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clevo Stock history
Clevo 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 Clevo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clevo 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 Clevo stock prices may prove useful in developing a viable investing in Clevo
Clevo Co., an ODMOEM manufacturer, provides hardware solutions for notebooks, tablets, and all-in-one PCs worldwide. The company was founded in 1983 and is based in New Taipei City, Taiwan. CLEVO CO is traded on Taiwan Stock Exchange in Taiwan.
Clevo Stock Technical Analysis
Clevo 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
Clevo Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Clevo Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Clevo December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Clevo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clevo shares will generate the highest return on investment. By undertsting and applying Clevo stock market strength indicators, traders can identify Clevo Co entry and exit signals to maximize returns
Clevo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clevo's price direction in advance. Along with the technical and fundamental analysis of Clevo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clevo 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 | 0.0277 | |||
| Jensen Alpha | 0.1469 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.09) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Clevo Stock Analysis
When running Clevo's price analysis, check to measure Clevo'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 Clevo is operating at the current time. Most of Clevo's value examination focuses on studying past and present price action to predict the probability of Clevo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clevo's price. Additionally, you may evaluate how the addition of Clevo to your portfolios can decrease your overall portfolio volatility.