Gigastorage Corp (Taiwan) Price on July 4, 2024
2406 Stock | TWD 16.55 0.35 2.07% |
If you're considering investing in Gigastorage Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gigastorage Corp stands at 16.55, as last reported on the 10th of December, with the highest price reaching 17.15 and the lowest price hitting 16.40 during the day. Gigastorage Corp holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Gigastorage Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gigastorage Corp's Risk Adjusted Performance of (0.08), market risk adjusted performance of (2.22), and Standard Deviation of 1.73 to validate the risk estimate we provide.
Gigastorage Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gigastorage |
Sharpe Ratio = -0.1149
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Negative Returns | 2406 |
Estimated Market Risk
1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gigastorage Corp is not performing at its full potential. However, 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 Gigastorage Corp by adding Gigastorage Corp to a well-diversified portfolio.
Gigastorage Corp Valuation on July 4, 2024
It is possible to determine the worth of Gigastorage Corp on a given historical date. On July 4, 2024 Gigastorage was worth 27.95 at the beginning of the trading date compared to the closed value of 27.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gigastorage Corp stock. Still, in general, we apply an absolute valuation method to find Gigastorage Corp'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 Gigastorage Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gigastorage Corp's related companies.
Open | High | Low | Close | Volume | |
27.95 | 28.15 | 27.05 | 27.60 | 33,875,754 | |
07/04/2024 | 27.95 | 28.40 | 27.30 | 27.50 | 22,996,117 |
27.70 | 28.60 | 27.15 | 27.70 | 21,621,750 |
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Gigastorage Corp Trading Date Momentum on July 4, 2024
On July 05 2024 Gigastorage Corp was traded for 27.70 at the closing time. The highest price during the trading period was 28.60 and the lowest recorded bid was listed for 27.15 . The volume for the day was 21.6 M. This history from July 5, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.73% . The overall trading delta to the current price is 0.36% . |
Gigastorage Corp Fundamentals Correlations and Trends
By evaluating Gigastorage Corp'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 Gigastorage Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gigastorage financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gigastorage Corp Stock history
Gigastorage Corp 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 Gigastorage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gigastorage Corp 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 Gigastorage Corp stock prices may prove useful in developing a viable investing in Gigastorage Corp
Gigastorage Corporation operates in the optoelectronics industry in Taiwan. Gigastorage Corporation was founded in 1997 and is based in Hukou, Taiwan. GIGASTORAGE CORP operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange.
Gigastorage Corp Stock Technical Analysis
Gigastorage Corp 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
Gigastorage Corp Period Price Range
Low | December 10, 2024
| High |
0.00 | 0.00 |
Gigastorage Corp 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.
Gigastorage Corp December 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Gigastorage Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gigastorage Corp shares will generate the highest return on investment. By undertsting and applying Gigastorage Corp stock market strength indicators, traders can identify Gigastorage Corp entry and exit signals to maximize returns
Gigastorage Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gigastorage Corp's price direction in advance. Along with the technical and fundamental analysis of Gigastorage Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gigastorage 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 | (0.08) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | (2.23) |
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Additional Tools for Gigastorage Stock Analysis
When running Gigastorage Corp's price analysis, check to measure Gigastorage Corp'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 Gigastorage Corp is operating at the current time. Most of Gigastorage Corp's value examination focuses on studying past and present price action to predict the probability of Gigastorage Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gigastorage Corp's price. Additionally, you may evaluate how the addition of Gigastorage Corp to your portfolios can decrease your overall portfolio volatility.