Silitech Technology (Taiwan) Price on September 24, 2024
If you're considering investing in Silitech Stock, it is important to understand the factors that can impact its price. Silitech Technology Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Silitech Technology Corp exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silitech Technology's Coefficient Of Variation of (593.16), variance of 0.9468, and Risk Adjusted Performance of (0.14) 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 = -0.1686
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Negative Returns | 3311 |
Estimated Market Risk
0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
S | SentinelOne | |
CRM | Salesforce | |
MSFT | Microsoft |
Price Boundaries
Silitech Technology Period Price Range
Low | January 3, 2025
| 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 January 3, 2025 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 | (0.14) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (1.12) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Tools for Silitech Stock
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.
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