Silitech Technology (Taiwan) Price on February 22, 2023
3311 Stock | TWD 34.65 0.10 0.29% |
If you're considering investing in Silitech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Silitech Technology stands at 34.65, as last reported on the 27th of December, with the highest price reaching 34.70 and the lowest price hitting 34.50 during the day. Silitech Technology Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Silitech Technology Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silitech Technology's Variance of 0.9377, coefficient of variation of (982.90), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
Silitech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Silitech |
Sharpe Ratio = -0.1515
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Estimated Market Risk
0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Silitech 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 Silitech Technology by adding Silitech Technology to a well-diversified portfolio.
Silitech Technology Valuation on February 22, 2023
It is possible to determine the worth of Silitech Technology on a given historical date. On February 22, 2023 Silitech was worth 34.1 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 Silitech Technology stock. Still, in general, we apply an absolute valuation method to find Silitech 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 Silitech Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Silitech Technology's related companies.
Open | High | Low | Close | Volume | |
34.00 | 34.30 | 34.00 | 34.25 | 16,824 | |
02/22/2023 | 34.10 | 34.15 | 34.00 | 34.00 | 9,003 |
34.00 | 35.00 | 34.00 | 34.20 | 37,971 |
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Silitech Technology Trading Date Momentum on February 22, 2023
On February 23 2023 Silitech Technology Corp was traded for 34.20 at the closing time. The highest price during the trading period was 35.00 and the lowest recorded bid was listed for 34.00 . The volume for the day was 38 K. This history from February 23, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.59% . The trading price change to the current price is 2.94% . |
Silitech Technology Corp Fundamentals Correlations and Trends
By evaluating Silitech 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 Silitech Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Silitech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Silitech Technology Stock history
Silitech 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 Silitech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Silitech Technology Corp 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 Silitech Technology stock prices may prove useful in developing a viable investing in Silitech Technology
Silitech Technology Corporation engages in the manufacture and sale of modules and rubber products in China, Malaysia, Taiwan, the United States, India, and internationally. Silitech Technology Corporation was founded in 2001 and is headquartered in New Taipei City, Taiwan. SILITECH TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Silitech Technology Stock Technical Analysis
Silitech 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.
Price Boundaries
Silitech Technology Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Silitech Technology Corp 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.
Silitech Technology December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Silitech 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 Silitech Technology shares will generate the highest return on investment. By undertsting and applying Silitech Technology stock market strength indicators, traders can identify Silitech Technology Corp entry and exit signals to maximize returns
Silitech Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Silitech Technology's price direction in advance. Along with the technical and fundamental analysis of Silitech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Silitech 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 | (0.08) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (1.46) |
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Additional Tools for Silitech Stock Analysis
When running Silitech Technology's price analysis, check to measure Silitech 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 Silitech Technology is operating at the current time. Most of Silitech Technology's value examination focuses on studying past and present price action to predict the probability of Silitech 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 Silitech Technology's price. Additionally, you may evaluate how the addition of Silitech Technology to your portfolios can decrease your overall portfolio volatility.