AOPEN (Taiwan) Price on December 16, 2024

3046 Stock  TWD 49.85  1.55  3.02%   
If you're considering investing in AOPEN Stock, it is important to understand the factors that can impact its price. As of today, the current price of AOPEN stands at 49.85, as last reported on the 16th of December 2024, with the highest price reaching 51.10 and the lowest price hitting 49.65 during the day. AOPEN Inc secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. AOPEN Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AOPEN's mean deviation of 0.9867, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
  
AOPEN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1851

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Estimated Market Risk

 1.26
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average AOPEN 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 AOPEN by adding AOPEN to a well-diversified portfolio.

AOPEN Valuation on December 16, 2024

It is possible to determine the worth of AOPEN on a given historical date. On December 16, 2024 AOPEN was worth 51.0 at the beginning of the trading date compared to the closed value of 49.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AOPEN stock. Still, in general, we apply an absolute valuation method to find AOPEN'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 AOPEN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AOPEN's related companies.
 Open High Low Close Volume
  51.00    51.10    49.65    49.85    277,568  
12/16/2024
  51.00    51.10    49.65    49.85    0.00  
Backtest AOPEN  |  AOPEN History  |  AOPEN Valuation   Previous
Open Value
51.0
49.85
Closing Value
54.77
Upside

AOPEN Trading Date Momentum on December 16, 2024

On December 16 2024 AOPEN Inc was traded for  49.85  at the closing time. The highest price during the trading period was 51.10  and the lowest recorded bid was listed for  49.65 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 did not affect price variability. The overall trading delta to the current price is 2.31% .

AOPEN Inc Fundamentals Correlations and Trends

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

About AOPEN Stock history

AOPEN 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 AOPEN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AOPEN Inc 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 AOPEN stock prices may prove useful in developing a viable investing in AOPEN
Aopen Inc. manufactures and sells ultra-small computers and digital signage products for home and business applications worldwide. The company was founded in 1996 and is based in New Taipei City, Taiwan. AOPEN INC is traded on Taiwan Stock Exchange in Taiwan.

AOPEN Stock Technical Analysis

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

AOPEN Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

AOPEN Inc 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.

AOPEN December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how AOPEN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AOPEN shares will generate the highest return on investment. By undertsting and applying AOPEN stock market strength indicators, traders can identify AOPEN Inc entry and exit signals to maximize returns

AOPEN Technical and Predictive Indicators

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

When running AOPEN's price analysis, check to measure AOPEN'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 AOPEN is operating at the current time. Most of AOPEN's value examination focuses on studying past and present price action to predict the probability of AOPEN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AOPEN's price. Additionally, you may evaluate how the addition of AOPEN to your portfolios can decrease your overall portfolio volatility.