Delpha Construction (Taiwan) Price on October 23, 2024
2530 Stock | TWD 39.45 0.30 0.75% |
If you're considering investing in Delpha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Delpha Construction stands at 39.45, as last reported on the 14th of December 2024, with the highest price reaching 39.75 and the lowest price hitting 39.05 during the day. Delpha Construction secures Sharpe Ratio (or Efficiency) of -0.0447, which denotes the company had a -0.0447% return per unit of risk over the last 3 months. Delpha Construction Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Delpha Construction's Variance of 3.16, standard deviation of 1.78, and Mean Deviation of 1.21 to check the risk estimate we provide.
Delpha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Delpha |
Sharpe Ratio = -0.0447
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Negative Returns | 2530 |
Estimated Market Risk
1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Delpha Construction 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 Delpha Construction by adding Delpha Construction to a well-diversified portfolio.
Delpha Construction Valuation on October 23, 2024
It is possible to determine the worth of Delpha Construction on a given historical date. On October 23, 2024 Delpha was worth 38.75 at the beginning of the trading date compared to the closed value of 39.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Delpha Construction stock. Still, in general, we apply an absolute valuation method to find Delpha Construction'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 Delpha Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Delpha Construction's related companies.
Open | High | Low | Close | Volume | |
39.25 | 39.25 | 38.80 | 39.00 | 463,927 | |
10/23/2024 | 38.75 | 39.50 | 38.75 | 39.00 | 389,125 |
39.00 | 39.00 | 38.50 | 38.75 | 721,451 |
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Delpha Construction Trading Date Momentum on October 23, 2024
On October 24 2024 Delpha Construction Co was traded for 38.75 at the closing time. The highest price during the trading period was 39.00 and the lowest recorded bid was listed for 38.50 . The volume for the day was 721.5 K. This history from October 24, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.64% . The overall trading delta to the current price is 3.33% . |
Delpha Construction Fundamentals Correlations and Trends
By evaluating Delpha Construction'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 Delpha Construction's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Delpha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Delpha Construction Stock history
Delpha Construction 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 Delpha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Delpha Construction 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 Delpha Construction stock prices may prove useful in developing a viable investing in Delpha Construction
Delpha Construction Co., Ltd., together with its subsidiaries, constructs commercial buildings. The company was founded in 1960 and is headquartered in Taipei City, Taiwan. DELPHA CONSTRUCTION operates under Real Estate Services classification in Taiwan and is traded on Taiwan Stock Exchange.
Delpha Construction Stock Technical Analysis
Delpha Construction 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
Delpha Construction Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Delpha Construction Co 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.
Delpha Construction December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Delpha Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delpha Construction shares will generate the highest return on investment. By undertsting and applying Delpha Construction stock market strength indicators, traders can identify Delpha Construction Co entry and exit signals to maximize returns
Delpha Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Delpha Construction's price direction in advance. Along with the technical and fundamental analysis of Delpha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Delpha 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 | (0.03) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | 2.72 |
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Additional Tools for Delpha Stock Analysis
When running Delpha Construction's price analysis, check to measure Delpha Construction'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 Delpha Construction is operating at the current time. Most of Delpha Construction's value examination focuses on studying past and present price action to predict the probability of Delpha Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delpha Construction's price. Additionally, you may evaluate how the addition of Delpha Construction to your portfolios can decrease your overall portfolio volatility.