Min Aik (Taiwan) Price on December 10, 2024
3060 Stock | TWD 23.70 0.10 0.42% |
If you're considering investing in Min Stock, it is important to understand the factors that can impact its price. As of today, the current price of Min Aik stands at 23.70, as last reported on the 13th of December 2024, with the highest price reaching 24.10 and the lowest price hitting 23.65 during the day. Min Aik Technology has Sharpe Ratio of -0.0478, which conveys that the firm had a -0.0478% return per unit of risk over the last 3 months. Min Aik exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Min Aik's Mean Deviation of 1.66, risk adjusted performance of (0.01), and Standard Deviation of 2.31 to check out the risk estimate we provide.
Min Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Min |
Sharpe Ratio = -0.0478
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Negative Returns | 3060 |
Estimated Market Risk
2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Min Aik 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 Min Aik by adding Min Aik to a well-diversified portfolio.
Min Aik Valuation on December 10, 2024
It is possible to determine the worth of Min Aik on a given historical date. On December 10, 2024 Min was worth 23.3 at the beginning of the trading date compared to the closed value of 23.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Min Aik stock. Still, in general, we apply an absolute valuation method to find Min Aik'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 Min Aik where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Min Aik's related companies.
Open | High | Low | Close | Volume | |
23.55 | 23.60 | 23.25 | 23.25 | 509,625 | |
12/10/2024 | 23.30 | 23.60 | 23.25 | 23.35 | 401,786 |
23.35 | 24.00 | 23.30 | 23.80 | 476,286 |
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Min Aik Trading Date Momentum on December 10, 2024
On December 11 2024 Min Aik Technology was traded for 23.80 at the closing time. The highest price during the trading period was 24.00 and the lowest recorded bid was listed for 23.30 . The volume for the day was 476.3 K. This history from December 11, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.93% . The trading delta at closing time to the current price is 2.36% . |
Min Aik Technology Fundamentals Correlations and Trends
By evaluating Min Aik'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 Min Aik's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Min financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Min Aik Stock history
Min Aik 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 Min is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Min Aik 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 Min Aik stock prices may prove useful in developing a viable investing in Min Aik
Min Aik Technology Co., Ltd. engages in hard disk drive related business in Taiwan. The company was incorporated in 1979 and is headquartered in Taoyuan, Taiwan. MIN AIK is traded on Taiwan Stock Exchange in Taiwan.
Min Aik Stock Technical Analysis
Min Aik 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
Min Aik Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Min Aik 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.
Min Aik December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Min Aik stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Min Aik shares will generate the highest return on investment. By undertsting and applying Min Aik stock market strength indicators, traders can identify Min Aik Technology entry and exit signals to maximize returns
Min Aik Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Min Aik's price direction in advance. Along with the technical and fundamental analysis of Min Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Min 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 | (0.01) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | 1.15 |
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Additional Tools for Min Stock Analysis
When running Min Aik's price analysis, check to measure Min Aik'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 Min Aik is operating at the current time. Most of Min Aik's value examination focuses on studying past and present price action to predict the probability of Min Aik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Min Aik's price. Additionally, you may evaluate how the addition of Min Aik to your portfolios can decrease your overall portfolio volatility.