Tripod Technology (Taiwan) Price on November 15, 2024
| 3044 Stock | TWD 195.00 3.00 1.56% |
If you're considering investing in Tripod Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tripod Technology stands at 195.00, as last reported on the 12th of December 2024, with the highest price reaching 196.50 and the lowest price hitting 191.00 during the day. At this stage we consider Tripod Stock to be very steady. Tripod Technology Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0105, which indicates the firm had a 0.0105% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tripod Technology Corp, which you can use to evaluate the volatility of the company. Please validate Tripod Technology's Semi Deviation of 1.56, coefficient of variation of 106437.95, and Risk Adjusted Performance of 0.0063 to confirm if the risk estimate we provide is consistent with the expected return of 0.0169%.
Tripod Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tripod |
Sharpe Ratio = 0.0105
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3044 |
Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.02 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 Tripod Technology 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 Tripod Technology by adding Tripod Technology to a well-diversified portfolio.
Tripod Technology Valuation on November 15, 2024
It is possible to determine the worth of Tripod Technology on a given historical date. On November 15, 2024 Tripod was worth 188.0 at the beginning of the trading date compared to the closed value of 188.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tripod Technology stock. Still, in general, we apply an absolute valuation method to find Tripod 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 Tripod Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tripod Technology's related companies.
| Open | High | Low | Close | Volume | |
| 188.50 | 190.00 | 187.00 | 187.00 | 1,735,241 | |
11/15/2024 | 188.00 | 189.50 | 187.50 | 188.50 | 875,556 |
| 187.50 | 188.00 | 183.00 | 183.00 | 2,372,170 |
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Tripod Technology Trading Date Momentum on November 15, 2024
| On November 18 2024 Tripod Technology Corp was traded for 183.00 at the closing time. The highest price during the trading period was 188.00 and the lowest recorded bid was listed for 183.00 . The volume for the day was 2.4 M. This history from November 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.92% . The trading price change to the current price is 0.53% . |
Tripod Technology Corp Fundamentals Correlations and Trends
By evaluating Tripod 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 Tripod Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tripod financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tripod Technology Stock history
Tripod 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 Tripod is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tripod Technology 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 Tripod Technology stock prices may prove useful in developing a viable investing in Tripod Technology
Tripod Technology Corporation processes, manufactures and sells printed circuit boards in Taiwan, China, Vietnam, Thailand, South Korea, Malaysia, and internationally. Tripod Technology Corporation was founded in 1998 and is based in Taoyuan, Taiwan. TRIPOD TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan.
Tripod Technology Stock Technical Analysis
Tripod 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
Tripod Technology Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Tripod Technology 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.
Tripod Technology December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Tripod 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 Tripod Technology shares will generate the highest return on investment. By undertsting and applying Tripod Technology stock market strength indicators, traders can identify Tripod Technology Corp entry and exit signals to maximize returns
Tripod Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tripod Technology's price direction in advance. Along with the technical and fundamental analysis of Tripod Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tripod 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 | 0.0063 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.02) |
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Additional Tools for Tripod Stock Analysis
When running Tripod Technology's price analysis, check to measure Tripod 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 Tripod Technology is operating at the current time. Most of Tripod Technology's value examination focuses on studying past and present price action to predict the probability of Tripod 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 Tripod Technology's price. Additionally, you may evaluate how the addition of Tripod Technology to your portfolios can decrease your overall portfolio volatility.