Audix Corp (Taiwan) Price on September 7, 2023

2459 Stock   69.90  0.20  0.29%   
If you're considering investing in Audix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Audix Corp stands at 69.90, as last reported on the 16th of December 2024, with the highest price reaching 70.00 and the lowest price hitting 68.80 during the day. Audix Corp secures Sharpe Ratio (or Efficiency) of -0.0278, which signifies that the company had a -0.0278% return per unit of standard deviation over the last 3 months. Audix Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Audix Corp's mean deviation of 0.3432, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
  
Audix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0278

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Estimated Market Risk

 0.45
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Audix 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 Audix Corp by adding Audix Corp to a well-diversified portfolio.

Audix Corp Valuation on September 7, 2023

It is possible to determine the worth of Audix Corp on a given historical date. On September 7, 2023 Audix was worth 57.7 at the beginning of the trading date compared to the closed value of 58.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Audix Corp stock. Still, in general, we apply an absolute valuation method to find Audix 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 Audix Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Audix Corp's related companies.
 Open High Low Close Volume
  58.00    58.20    57.80    57.90    44,720  
09/07/2023
  57.70    58.60    57.70    58.20    104,001  
  58.50    58.50    58.00    58.30    38,025  
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Open Value
57.7
58.2
Closing Value
59.06
Upside

Audix Corp Trading Date Momentum on September 7, 2023

On September 08 2023 Audix Corp was traded for  58.30  at the closing time. The highest price during the trading period was 58.50  and the lowest recorded bid was listed for  58.00 . The volume for the day was 38 K. This history from September 8, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.17% . The overall trading delta to the current price is 0.52% .

Audix Corp Fundamentals Correlations and Trends

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

About Audix Corp Stock history

Audix 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 Audix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Audix 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 Audix Corp stock prices may prove useful in developing a viable investing in Audix Corp

Audix Corp Stock Technical Analysis

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

Audix Corp Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Audix 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.

Audix Corp December 16, 2024 Market Strength

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

Audix Corp Technical and Predictive Indicators

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

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