Edimax Technology (Taiwan) Price on November 22, 2024

3047 Stock  TWD 29.75  0.05  0.17%   
If you're considering investing in Edimax Stock, it is important to understand the factors that can impact its price. As of today, the current price of Edimax Technology stands at 29.75, as last reported on the 8th of January, with the highest price reaching 30.25 and the lowest price hitting 29.60 during the day. Edimax Technology secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Edimax Technology Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Edimax Technology's Mean Deviation of 1.94, standard deviation of 2.36, and Variance of 5.58 to check the risk estimate we provide.
  
Edimax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1087

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Estimated Market Risk

 2.28
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Edimax 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 Edimax Technology by adding Edimax Technology to a well-diversified portfolio.

Edimax Technology Valuation on November 22, 2024

It is possible to determine the worth of Edimax Technology on a given historical date. On November 22, 2024 Edimax was worth 33.85 at the beginning of the trading date compared to the closed value of 34.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Edimax Technology stock. Still, in general, we apply an absolute valuation method to find Edimax 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 Edimax Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Edimax Technology's related companies.
 Open High Low Close Volume
  34.30    34.35    33.35    33.55    4,206,050  
11/22/2024
  33.85    35.85    33.85    34.00    10,082,267  
  34.05    35.00    34.05    34.30    3,710,136  
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Open Value
33.85
34.0
Closing Value
40.68
Upside

Edimax Technology Trading Date Momentum on November 22, 2024

On November 25 2024 Edimax Technology Co was traded for  34.30  at the closing time. The highest price during the trading period was 35.00  and the lowest recorded bid was listed for  34.05 . The volume for the day was 3.7 M. This history from November 25, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.88% . The overall trading delta to the current price is 3.53% .

Edimax Technology Fundamentals Correlations and Trends

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

About Edimax Technology Stock history

Edimax 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 Edimax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Edimax 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 Edimax Technology stock prices may prove useful in developing a viable investing in Edimax Technology
EDIMAX Technology Co., Ltd. engages in the design, development, manufacture, and marketing of network communication products to SOHO and SME markets, and businesses. EDIMAX Technology Co., Ltd. was founded in 1986 and is headquartered in Taipei City, Taiwan. EDIMAX TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.

Edimax Technology Stock Technical Analysis

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

Edimax Technology Period Price Range

Low
January 8, 2025
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High

 0.00 

     

 0.00 

Edimax Technology 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.

Edimax Technology January 8, 2025 Market Strength

Market strength indicators help investors to evaluate how Edimax 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 Edimax Technology shares will generate the highest return on investment. By undertsting and applying Edimax Technology stock market strength indicators, traders can identify Edimax Technology Co entry and exit signals to maximize returns

Edimax Technology Technical and Predictive Indicators

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

When running Edimax Technology's price analysis, check to measure Edimax 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 Edimax Technology is operating at the current time. Most of Edimax Technology's value examination focuses on studying past and present price action to predict the probability of Edimax 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 Edimax Technology's price. Additionally, you may evaluate how the addition of Edimax Technology to your portfolios can decrease your overall portfolio volatility.