Nanya Technology (Taiwan) Price on November 29, 2024
2408 Stock | TWD 29.40 1.50 4.85% |
If you're considering investing in Nanya Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nanya Technology stands at 29.40, as last reported on the 14th of December 2024, with the highest price reaching 30.30 and the lowest price hitting 29.20 during the day. Nanya Technology Corp has Sharpe Ratio of -0.36, which conveys that the firm had a -0.36% return per unit of risk over the last 3 months. Nanya Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nanya Technology's Risk Adjusted Performance of (0.26), standard deviation of 1.95, and Mean Deviation of 1.55 to check out the risk estimate we provide.
Nanya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nanya |
Sharpe Ratio = -0.3632
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Negative Returns | 2408 |
Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.71 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.36 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nanya Technology 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 Nanya Technology by adding Nanya Technology to a well-diversified portfolio.
Nanya Technology Valuation on November 29, 2024
It is possible to determine the worth of Nanya Technology on a given historical date. On November 29, 2024 Nanya was worth 33.55 at the beginning of the trading date compared to the closed value of 33.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nanya Technology stock. Still, in general, we apply an absolute valuation method to find Nanya 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 Nanya Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nanya Technology's related companies.
Open | High | Low | Close | Volume | |
34.80 | 34.85 | 33.40 | 33.75 | 22,390,568 | |
11/29/2024 | 33.55 | 33.65 | 32.95 | 33.45 | 23,625,742 |
33.80 | 34.40 | 33.00 | 33.05 | 17,900,018 |
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Nanya Technology Trading Date Momentum on November 29, 2024
On December 02 2024 Nanya Technology Corp was traded for 33.05 at the closing time. The highest price during the trading period was 34.40 and the lowest recorded bid was listed for 33.00 . The volume for the day was 17.9 M. This history from December 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.20% . The trading delta at closing time to the current price is 0.60% . |
Nanya Technology Corp Fundamentals Correlations and Trends
By evaluating Nanya 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 Nanya Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nanya financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nanya Technology Stock history
Nanya 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 Nanya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nanya Technology 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 Nanya Technology stock prices may prove useful in developing a viable investing in Nanya Technology
Nanya Technology Corporation manufactures and sells dynamic random access memory and other memory products in Taiwan and internationally. Nanya Technology Corporation was founded in 1995 and is headquartered in Taoyuan City, Taiwan. NANYA TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Nanya Technology Stock Technical Analysis
Nanya 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
Nanya Technology Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Nanya Technology 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.
Nanya Technology December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Nanya 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 Nanya Technology shares will generate the highest return on investment. By undertsting and applying Nanya Technology stock market strength indicators, traders can identify Nanya Technology Corp entry and exit signals to maximize returns
Nanya Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nanya Technology's price direction in advance. Along with the technical and fundamental analysis of Nanya Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nanya 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 | (0.26) | |||
Jensen Alpha | (0.77) | |||
Total Risk Alpha | (0.96) | |||
Treynor Ratio | (1.32) |
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Volume Indicators |
Additional Tools for Nanya Stock Analysis
When running Nanya Technology's price analysis, check to measure Nanya 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 Nanya Technology is operating at the current time. Most of Nanya Technology's value examination focuses on studying past and present price action to predict the probability of Nanya 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 Nanya Technology's price. Additionally, you may evaluate how the addition of Nanya Technology to your portfolios can decrease your overall portfolio volatility.