Higher Way (Taiwan) Price on October 9, 2024

3268 Stock  TWD 23.55  0.25  1.05%   
If you're considering investing in Higher Stock, it is important to understand the factors that can impact its price. As of today, the current price of Higher Way stands at 23.55, as last reported on the 15th of December 2024, with the highest price reaching 23.80 and the lowest price hitting 23.40 during the day. Higher Way Electronic holds Efficiency (Sharpe) Ratio of -0.004, which attests that the entity had a -0.004% return per unit of risk over the last 3 months. Higher Way Electronic exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Higher Way's Risk Adjusted Performance of 0.0264, market risk adjusted performance of 0.2444, and Downside Deviation of 1.77 to validate the risk estimate we provide.
  
Higher Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.004

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns3268

Estimated Market Risk

 1.96
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Higher Way 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 Higher Way by adding Higher Way to a well-diversified portfolio.

Higher Way Valuation on October 9, 2024

It is possible to determine the worth of Higher Way on a given historical date. On October 9, 2024 Higher was worth 24.95 at the beginning of the trading date compared to the closed value of 24.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Higher Way stock. Still, in general, we apply an absolute valuation method to find Higher Way'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 Higher Way where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Higher Way's related companies.
 Open High Low Close Volume
  24.40    24.80    24.35    24.60    26,016  
10/09/2024
  24.95    25.25    24.50    24.50    60,177  
  24.50    24.90    24.50    24.55    35,919  
Backtest Higher Way  |  Higher Way History  |  Higher Way Valuation   PreviousNext  
Open Value
24.95
24.5
Closing Value
30.84
Upside

Higher Way Trading Date Momentum on October 9, 2024

On October 11 2024 Higher Way Electronic was traded for  24.55  at the closing time. The highest price during the trading period was 24.90  and the lowest recorded bid was listed for  24.50 . The volume for the day was 35.9 K. This history from October 11, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.20% . The trading delta at closing time to the current price is 13.67% .

Higher Way Electronic Fundamentals Correlations and Trends

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

About Higher Way Stock history

Higher Way 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 Higher is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Higher Way Electronic 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 Higher Way stock prices may prove useful in developing a viable investing in Higher Way

Higher Way Stock Technical Analysis

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

Higher Way Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Higher Way Electronic cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.

Higher Way December 15, 2024 Market Strength

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

Higher Way Technical and Predictive Indicators

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

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