Davicom Semiconductor (Taiwan) Price on September 12, 2024

3094 Stock  TWD 29.95  0.25  0.83%   
If you're considering investing in Davicom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Davicom Semiconductor stands at 29.95, as last reported on the 12th of December 2024, with the highest price reaching 30.30 and the lowest price hitting 29.60 during the day. At this stage we consider Davicom Stock to be very steady. Davicom Semiconductor secures Sharpe Ratio (or Efficiency) of 0.0046, which denotes the company had a 0.0046% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Davicom Semiconductor, which you can use to evaluate the volatility of the firm. Please confirm Davicom Semiconductor's Standard Deviation of 2.04, mean deviation of 1.45, and Variance of 4.16 to check if the risk estimate we provide is consistent with the expected return of 0.0093%.
  
Davicom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0046

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Estimated Market Risk

 2.05
  actual daily
18
82% of assets are more volatile

Expected Return

 0.01
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Most of other assets have higher returns

Risk-Adjusted Return

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Most of other assets perform better
Based on monthly moving average Davicom Semiconductor 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 Davicom Semiconductor by adding Davicom Semiconductor to a well-diversified portfolio.

Davicom Semiconductor Valuation on September 12, 2024

It is possible to determine the worth of Davicom Semiconductor on a given historical date. On September 12, 2024 Davicom was worth 30.0 at the beginning of the trading date compared to the closed value of 29.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davicom Semiconductor stock. Still, in general, we apply an absolute valuation method to find Davicom Semiconductor'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 Davicom Semiconductor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davicom Semiconductor's related companies.
 Open High Low Close Volume
  30.30    30.45    29.45    29.70    549,689  
09/12/2024
  30.00    30.25    29.50    29.55    727,871  
  29.60    30.40    29.45    30.15    389,339  
Backtest Davicom Semiconductor  |  Davicom Semiconductor History  |  Davicom Semiconductor Valuation   PreviousNext  
Open Value
30.0
29.55
Closing Value
36.14
Upside

Davicom Semiconductor Trading Date Momentum on September 12, 2024

On September 13 2024 Davicom Semiconductor was traded for  30.15  at the closing time. The highest price during the trading period was 30.40  and the lowest recorded bid was listed for  29.45 . The volume for the day was 389.3 K. This history from September 13, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.03% . The overall trading delta to the current price is 2.54% .

Davicom Semiconductor Fundamentals Correlations and Trends

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

About Davicom Semiconductor Stock history

Davicom Semiconductor 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 Davicom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Davicom Semiconductor 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 Davicom Semiconductor stock prices may prove useful in developing a viable investing in Davicom Semiconductor
Davicom Semiconductor, Inc. engages in the research, development, manufacture, and sale of communication network integrated circuits in Taiwan and internationally. The company was founded in 1996 and is headquartered in Hsinchu, Taiwan. DAVICOM SEMICONDUCTOR is traded on Taiwan Stock Exchange in Taiwan.

Davicom Semiconductor Stock Technical Analysis

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

Davicom Semiconductor Period Price Range

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Davicom Semiconductor 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.

Davicom Semiconductor December 12, 2024 Market Strength

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

Davicom Semiconductor Technical and Predictive Indicators

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

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