Greatek Electronics (Taiwan) Price on November 19, 2024
| 2441 Stock | TWD 57.20 0.60 1.04% |
If you're considering investing in Greatek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Greatek Electronics stands at 57.20, as last reported on the 12th of December 2024, with the highest price reaching 58.00 and the lowest price hitting 57.20 during the day. At this stage we consider Greatek Stock to be very steady. Greatek Electronics holds Efficiency (Sharpe) Ratio of 0.0077, which attests that the entity had a 0.0077% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Greatek Electronics, which you can use to evaluate the volatility of the firm. Please check out Greatek Electronics' Market Risk Adjusted Performance of (0.06), downside deviation of 0.8852, and Risk Adjusted Performance of 0.0119 to validate if the risk estimate we provide is consistent with the expected return of 0.0074%.
Greatek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Greatek |
Sharpe Ratio = 0.0077
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| Negative Returns | 2441 |
Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.01 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 Greatek Electronics 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 Greatek Electronics by adding Greatek Electronics to a well-diversified portfolio.
Greatek Electronics Valuation on November 19, 2024
It is possible to determine the worth of Greatek Electronics on a given historical date. On November 19, 2024 Greatek was worth 56.9 at the beginning of the trading date compared to the closed value of 56.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greatek Electronics stock. Still, in general, we apply an absolute valuation method to find Greatek Electronics' 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 Greatek Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greatek Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 57.00 | 57.10 | 56.40 | 56.80 | 788,574 | |
11/19/2024 | 56.90 | 57.10 | 56.40 | 56.50 | 722,987 |
| 56.40 | 56.80 | 56.10 | 56.10 | 585,937 |
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Greatek Electronics Trading Date Momentum on November 19, 2024
| On November 20 2024 Greatek Electronics was traded for 56.10 at the closing time. The highest price during the trading period was 56.80 and the lowest recorded bid was listed for 56.10 . The volume for the day was 585.9 K. This history from November 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.71% . The overall trading delta to the current price is 0.53% . |
Greatek Electronics Fundamentals Correlations and Trends
By evaluating Greatek Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Greatek Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Greatek financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Greatek Electronics Stock history
Greatek Electronics 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 Greatek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greatek Electronics 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 Greatek Electronics stock prices may prove useful in developing a viable investing in Greatek Electronics
Greatek Electronics Inc. provides leadframe base packaging services in Taiwan. Greatek Electronics Inc. was founded in 1983 and is based in Miaoli, Taiwan. GREATEK ELECTRONICS operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 3697 people.
Greatek Electronics Stock Technical Analysis
Greatek Electronics 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
Greatek Electronics Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Greatek Electronics 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.
Greatek Electronics December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Greatek Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greatek Electronics shares will generate the highest return on investment. By undertsting and applying Greatek Electronics stock market strength indicators, traders can identify Greatek Electronics entry and exit signals to maximize returns
Greatek Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Greatek Electronics' price direction in advance. Along with the technical and fundamental analysis of Greatek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Greatek 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 | 0.0119 | |||
| Jensen Alpha | 0.0065 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (0.07) |
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Additional Tools for Greatek Stock Analysis
When running Greatek Electronics' price analysis, check to measure Greatek Electronics' 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 Greatek Electronics is operating at the current time. Most of Greatek Electronics' value examination focuses on studying past and present price action to predict the probability of Greatek Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greatek Electronics' price. Additionally, you may evaluate how the addition of Greatek Electronics to your portfolios can decrease your overall portfolio volatility.