Tyntek Corp (Taiwan) Price on March 4, 2024

2426 Stock  TWD 22.75  0.10  0.44%   
If you're considering investing in Tyntek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tyntek Corp stands at 22.75, as last reported on the 5th of January, with the highest price reaching 23.40 and the lowest price hitting 22.60 during the day. Tyntek Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.014, which indicates the firm had a -0.014% return per unit of risk over the last 3 months. Tyntek Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tyntek Corp's Variance of 10.56, insignificant risk adjusted performance, and Coefficient Of Variation of (7,164) to confirm the risk estimate we provide.
  
Tyntek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.014

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Estimated Market Risk

 3.25
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.05
  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 Tyntek 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 Tyntek Corp by adding Tyntek Corp to a well-diversified portfolio.

Tyntek Corp Valuation on March 4, 2024

It is possible to determine the worth of Tyntek Corp on a given historical date. On March 4, 2024 Tyntek was worth 19.25 at the beginning of the trading date compared to the closed value of 19.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tyntek Corp stock. Still, in general, we apply an absolute valuation method to find Tyntek 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 Tyntek Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tyntek Corp's related companies.
 Open High Low Close Volume
  19.75    19.80    19.15    19.20    937,732  
03/04/2024
  19.25    19.35    19.05    19.10    911,458  
  19.10    19.30    18.90    19.00    805,195  
Backtest Tyntek Corp  |  Tyntek Corp History  |  Tyntek Corp Valuation   PreviousNext  
Open Value
19.25
19.1
Closing Value
29.00
Upside

Tyntek Corp Trading Date Momentum on March 4, 2024

On March 05 2024 Tyntek Corp was traded for  19.00  at the closing time. The highest price during the trading period was 19.30  and the lowest recorded bid was listed for  18.90 . The volume for the day was 805.2 K. This history from March 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.52% . The trading price change to the current price is 5.24% .

Tyntek Corp Fundamentals Correlations and Trends

By evaluating Tyntek 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 Tyntek Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tyntek financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tyntek Corp Stock history

Tyntek 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 Tyntek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tyntek 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 Tyntek Corp stock prices may prove useful in developing a viable investing in Tyntek Corp
The company offers visible LED, ultra HB LED, infrared LED, InGaAsInP, and GaPGaP regulator chips SI products, such as Si submount, Si resistor, Si zener diode, ambient sensor, Si photo-transistor, Si photo-diode, and other chips and optical fiber communication device products, including InGaAsInP PD and LED chips. The company was founded in 1987 and is headquartered in Hsinchu, Taiwan. TYNTEK CORP is traded on Taiwan Stock Exchange in Taiwan.

Tyntek Corp Stock Technical Analysis

Tyntek 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.
A focus of Tyntek Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tyntek Corp 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

Tyntek Corp Period Price Range

Low
January 5, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Tyntek 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.

Tyntek Corp January 5, 2025 Market Strength

Market strength indicators help investors to evaluate how Tyntek 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 Tyntek Corp shares will generate the highest return on investment. By undertsting and applying Tyntek Corp stock market strength indicators, traders can identify Tyntek Corp entry and exit signals to maximize returns

Tyntek Corp Technical and Predictive Indicators

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

When running Tyntek Corp's price analysis, check to measure Tyntek 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 Tyntek Corp is operating at the current time. Most of Tyntek Corp's value examination focuses on studying past and present price action to predict the probability of Tyntek 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 Tyntek Corp's price. Additionally, you may evaluate how the addition of Tyntek Corp to your portfolios can decrease your overall portfolio volatility.