Zenitron Corp (Taiwan) Price on September 28, 2023
3028 Stock | TWD 29.70 0.20 0.67% |
If you're considering investing in Zenitron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zenitron Corp stands at 29.70, as last reported on the 24th of December, with the highest price reaching 29.95 and the lowest price hitting 29.65 during the day. Zenitron Corp shows Sharpe Ratio of -0.0939, which attests that the company had a -0.0939% return per unit of risk over the last 3 months. Zenitron Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zenitron Corp's Market Risk Adjusted Performance of (1.08), mean deviation of 0.5158, and Standard Deviation of 0.8731 to validate the risk estimate we provide.
Zenitron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zenitron |
Sharpe Ratio = -0.0939
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Estimated Market Risk
0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zenitron 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 Zenitron Corp by adding Zenitron Corp to a well-diversified portfolio.
Zenitron Corp Valuation on September 28, 2023
It is possible to determine the worth of Zenitron Corp on a given historical date. On September 28, 2023 Zenitron was worth 31.3 at the beginning of the trading date compared to the closed value of 31.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zenitron Corp stock. Still, in general, we apply an absolute valuation method to find Zenitron 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 Zenitron Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zenitron Corp's related companies.
Open | High | Low | Close | Volume | |
31.20 | 31.40 | 31.20 | 31.30 | 137,005 | |
09/28/2023 | 31.30 | 31.45 | 31.25 | 31.45 | 201,317 |
31.45 | 31.80 | 31.40 | 31.80 | 528,132 |
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Zenitron Corp Trading Date Momentum on September 28, 2023
On October 02 2023 Zenitron Corp was traded for 31.80 at the closing time. The highest price during the trading period was 31.80 and the lowest recorded bid was listed for 31.40 . The volume for the day was 528.1 K. This history from October 2, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 1.11% . The trading date delta to the current price is 5.25% . |
Zenitron Corp Fundamentals Correlations and Trends
By evaluating Zenitron 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 Zenitron Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zenitron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zenitron Corp Stock history
Zenitron 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 Zenitron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zenitron 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 Zenitron Corp stock prices may prove useful in developing a viable investing in Zenitron Corp
Zenitron Corporation distributes semiconductor components in Taiwan, China, and Hong Kong. Zenitron Corporation was founded in 1982 and is headquartered in Taipei City, Taiwan. ZENITRON CORP is traded on Taiwan Stock Exchange in Taiwan.
Zenitron Corp Stock Technical Analysis
Zenitron 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.
Price Boundaries
Zenitron Corp Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Zenitron 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.
Zenitron Corp December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Zenitron 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 Zenitron Corp shares will generate the highest return on investment. By undertsting and applying Zenitron Corp stock market strength indicators, traders can identify Zenitron Corp entry and exit signals to maximize returns
Zenitron Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zenitron Corp's price direction in advance. Along with the technical and fundamental analysis of Zenitron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zenitron 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 | (0.05) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | (1.09) |
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Additional Tools for Zenitron Stock Analysis
When running Zenitron Corp's price analysis, check to measure Zenitron 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 Zenitron Corp is operating at the current time. Most of Zenitron Corp's value examination focuses on studying past and present price action to predict the probability of Zenitron 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 Zenitron Corp's price. Additionally, you may evaluate how the addition of Zenitron Corp to your portfolios can decrease your overall portfolio volatility.