Hitron Technologies (Taiwan) Price on October 18, 2024

2419 Stock  TWD 29.85  0.60  1.97%   
If you're considering investing in Hitron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hitron Technologies stands at 29.85, as last reported on the 15th of December 2024, with the highest price reaching 30.55 and the lowest price hitting 29.85 during the day. Hitron Technologies holds Efficiency (Sharpe) Ratio of -0.0075, which attests that the entity had a -0.0075% return per unit of risk over the last 3 months. Hitron Technologies exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hitron Technologies' Downside Deviation of 2.58, risk adjusted performance of 0.0273, and Market Risk Adjusted Performance of 0.2283 to validate the risk estimate we provide.
  
Hitron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0075

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Estimated Market Risk

 2.87
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hitron Technologies 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 Hitron Technologies by adding Hitron Technologies to a well-diversified portfolio.

Hitron Technologies Valuation on October 18, 2024

It is possible to determine the worth of Hitron Technologies on a given historical date. On October 18, 2024 Hitron was worth 33.5 at the beginning of the trading date compared to the closed value of 33.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hitron Technologies stock. Still, in general, we apply an absolute valuation method to find Hitron Technologies' 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 Hitron Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hitron Technologies' related companies.
 Open High Low Close Volume
  33.50    33.75    32.90    33.15    1,874,176  
10/18/2024
  33.50    33.50    32.70    33.10    1,944,049  
  33.50    34.10    33.25    33.60    1,773,188  
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Open Value
33.5
33.1
Closing Value
42.10
Upside

Hitron Technologies Trading Date Momentum on October 18, 2024

On October 21 2024 Hitron Technologies was traded for  33.60  at the closing time. The highest price during the trading period was 34.10  and the lowest recorded bid was listed for  33.25 . The volume for the day was 1.8 M. This history from October 21, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.51% . The trading delta at closing time to the current price is 1.51% .

Hitron Technologies Fundamentals Correlations and Trends

By evaluating Hitron Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hitron Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hitron financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hitron Technologies Stock history

Hitron Technologies 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 Hitron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hitron Technologies 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 Hitron Technologies stock prices may prove useful in developing a viable investing in Hitron Technologies
Hitron Technologies Inc., together with its subsidiaries, engages in the development, manufacture, and sale of broadband equipment products in Taiwan. Hitron Technologies Inc was incorporated in 1986 and is headquartered in Hsinchu City, Taiwan. HITRON TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.

Hitron Technologies Stock Technical Analysis

Hitron Technologies 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.
A focus of Hitron Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hitron Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hitron Technologies Period Price Range

Low
December 15, 2024
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High

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Hitron Technologies 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.

Hitron Technologies December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Hitron Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hitron Technologies shares will generate the highest return on investment. By undertsting and applying Hitron Technologies stock market strength indicators, traders can identify Hitron Technologies entry and exit signals to maximize returns

Hitron Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hitron Technologies' price direction in advance. Along with the technical and fundamental analysis of Hitron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hitron 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.

Additional Tools for Hitron Stock Analysis

When running Hitron Technologies' price analysis, check to measure Hitron Technologies' 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 Hitron Technologies is operating at the current time. Most of Hitron Technologies' value examination focuses on studying past and present price action to predict the probability of Hitron Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitron Technologies' price. Additionally, you may evaluate how the addition of Hitron Technologies to your portfolios can decrease your overall portfolio volatility.