FSP Technology (Taiwan) Price on April 6, 2024
| 3015 Stock | TWD 60.30 0.30 0.50% |
If you're considering investing in FSP Stock, it is important to understand the factors that can impact its price. As of today, the current price of FSP Technology stands at 60.30, as last reported on the 15th of December 2024, with the highest price reaching 60.80 and the lowest price hitting 59.30 during the day. At this stage we consider FSP Stock to be very steady. FSP Technology secures Sharpe Ratio (or Efficiency) of 0.0175, which denotes the company had a 0.0175% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for FSP Technology, which you can use to evaluate the volatility of the firm. Please confirm FSP Technology's Downside Deviation of 2.6, mean deviation of 1.9, and Market Risk Adjusted Performance of 0.5172 to check if the risk estimate we provide is consistent with the expected return of 0.05%.
FSP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FSP |
Sharpe Ratio = 0.0175
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3015 |
Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average FSP Technology is performing at about 1% of its full potential. 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 FSP Technology by adding it to a well-diversified portfolio.
FSP Technology Valuation on April 6, 2024
It is possible to determine the worth of FSP Technology on a given historical date. On April 6, 2024 FSP was worth 57.9 at the beginning of the trading date compared to the closed value of 58.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FSP Technology stock. Still, in general, we apply an absolute valuation method to find FSP Technology'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 FSP Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FSP Technology's related companies.
| Open | High | Low | Close | Volume | |
| 58.00 | 58.90 | 57.60 | 58.00 | 845,300 | |
04/03/2024 | 57.90 | 59.90 | 57.10 | 58.70 | 1,841,500 |
| 58.70 | 58.70 | 58.00 | 58.10 | 517,240 |
| Backtest FSP Technology | | | FSP Technology History | | | FSP Technology Valuation | Previous | Next |
FSP Technology Trading Date Momentum on April 6, 2024
| On April 08 2024 FSP Technology was traded for 58.10 at the closing time. The highest price during the trading period was 58.70 and the lowest recorded bid was listed for 58.00 . The volume for the day was 517.2 K. This history from April 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.02% . The overall trading delta to the current price is 3.92% . |
FSP Technology Fundamentals Correlations and Trends
By evaluating FSP Technology'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 FSP Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FSP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FSP Technology Stock history
FSP Technology 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 FSP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FSP Technology 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 FSP Technology stock prices may prove useful in developing a viable investing in FSP Technology
FSP Technology Inc. manufactures and sells PV power generation and storage systems for households and end users in Taiwan and internationally. The company was founded in 1993 and is headquartered in Taoyuan, Taiwan. FSP TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
FSP Technology Stock Technical Analysis
FSP Technology 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
FSP Technology Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
FSP Technology 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.
FSP Technology December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how FSP Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FSP Technology shares will generate the highest return on investment. By undertsting and applying FSP Technology stock market strength indicators, traders can identify FSP Technology entry and exit signals to maximize returns
FSP Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FSP Technology's price direction in advance. Along with the technical and fundamental analysis of FSP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FSP 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 | 0.0404 | |||
| Jensen Alpha | 0.0992 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0118 | |||
| Treynor Ratio | 0.5072 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for FSP Stock Analysis
When running FSP Technology's price analysis, check to measure FSP Technology'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 FSP Technology is operating at the current time. Most of FSP Technology's value examination focuses on studying past and present price action to predict the probability of FSP Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FSP Technology's price. Additionally, you may evaluate how the addition of FSP Technology to your portfolios can decrease your overall portfolio volatility.