Gigabyte Technology (Taiwan) Price on November 27, 2024
| 2376 Stock | TWD 268.00 3.50 1.29% |
If you're considering investing in Gigabyte Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gigabyte Technology stands at 268.00, as last reported on the 15th of December 2024, with the highest price reaching 272.50 and the lowest price hitting 268.00 during the day. At this stage we consider Gigabyte Stock to be very steady. Gigabyte Technology holds Efficiency (Sharpe) Ratio of 0.0584, which attests that the entity had a 0.0584% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gigabyte Technology, which you can use to evaluate the volatility of the firm. Please check out Gigabyte Technology's Risk Adjusted Performance of 0.0667, market risk adjusted performance of 1.85, and Downside Deviation of 1.9 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Gigabyte Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gigabyte |
Sharpe Ratio = 0.0584
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 2376 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Gigabyte Technology is performing at about 4% 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 Gigabyte Technology by adding it to a well-diversified portfolio.
Gigabyte Technology Valuation on November 27, 2024
It is possible to determine the worth of Gigabyte Technology on a given historical date. On November 27, 2024 Gigabyte was worth 282.0 at the beginning of the trading date compared to the closed value of 271.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gigabyte Technology stock. Still, in general, we apply an absolute valuation method to find Gigabyte Technology'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 Gigabyte Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gigabyte Technology's related companies.
| Open | High | Low | Close | Volume | |
| 282.00 | 289.00 | 278.00 | 284.00 | 5,502,090 | |
11/27/2024 | 282.00 | 286.50 | 271.50 | 271.50 | 9,043,011 |
| 273.00 | 275.00 | 266.00 | 270.00 | 6,524,097 |
| Backtest Gigabyte Technology | | | Gigabyte Technology History | | | Gigabyte Technology Valuation | Previous | Next |
Gigabyte Technology Trading Date Momentum on November 27, 2024
| On November 28 2024 Gigabyte Technology Co was traded for 270.00 at the closing time. The highest price during the trading period was 275.00 and the lowest recorded bid was listed for 266.00 . The volume for the day was 6.5 M. This history from November 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.55% . The overall trading delta to the current price is 4.24% . |
Gigabyte Technology Fundamentals Correlations and Trends
By evaluating Gigabyte Technology'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 Gigabyte Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gigabyte financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gigabyte Technology Stock history
Gigabyte Technology 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 Gigabyte is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gigabyte Technology 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 Gigabyte Technology stock prices may prove useful in developing a viable investing in Gigabyte Technology
Giga-Byte Technology Co., Ltd., together with its subsidiaries, processes, manufactures, trades in, and sells computer peripherals and component parts in Taiwan, other Asian countries, Europe, North America, and internationally. Giga-Byte Technology Co., Ltd. was founded in 1986 and is headquartered in New Taipei City, Taiwan. GIGA BYTE operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange.
Gigabyte Technology Stock Technical Analysis
Gigabyte Technology 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
Gigabyte Technology Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Gigabyte Technology 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.
Gigabyte Technology December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Gigabyte Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gigabyte Technology shares will generate the highest return on investment. By undertsting and applying Gigabyte Technology stock market strength indicators, traders can identify Gigabyte Technology Co entry and exit signals to maximize returns
Gigabyte Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gigabyte Technology's price direction in advance. Along with the technical and fundamental analysis of Gigabyte Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gigabyte 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 | 0.0667 | |||
| Jensen Alpha | 0.1547 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0381 | |||
| Treynor Ratio | 1.84 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Gigabyte Stock Analysis
When running Gigabyte Technology's price analysis, check to measure Gigabyte Technology'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 Gigabyte Technology is operating at the current time. Most of Gigabyte Technology's value examination focuses on studying past and present price action to predict the probability of Gigabyte Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gigabyte Technology's price. Additionally, you may evaluate how the addition of Gigabyte Technology to your portfolios can decrease your overall portfolio volatility.