Xintec (Taiwan) Price on January 31, 2024
3374 Stock | TWD 203.50 0.50 0.25% |
If you're considering investing in Xintec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xintec stands at 203.50, as last reported on the 26th of December, with the highest price reaching 206.50 and the lowest price hitting 202.00 during the day. Xintec shows Sharpe Ratio of -0.0095, which attests that the company had a -0.0095% return per unit of risk over the last 3 months. Xintec exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xintec's Market Risk Adjusted Performance of (0.14), mean deviation of 2.02, and Standard Deviation of 2.81 to validate the risk estimate we provide.
Xintec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xintec |
Sharpe Ratio = -0.0095
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 3374 |
Estimated Market Risk
2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Xintec 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 Xintec by adding Xintec to a well-diversified portfolio.
Xintec Valuation on January 31, 2024
It is possible to determine the worth of Xintec on a given historical date. On January 31, 2024 Xintec was worth 125.58 at the beginning of the trading date compared to the closed value of 124.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xintec stock. Still, in general, we apply an absolute valuation method to find Xintec'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 Xintec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xintec's related companies.
Open | High | Low | Close | Volume | |
125.58 | 126.08 | 124.59 | 125.58 | 1,923,000 | |
01/31/2024 | 125.58 | 127.06 | 124.10 | 124.10 | 1,593,000 |
123.60 | 127.56 | 123.60 | 124.59 | 4,505,000 |
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Xintec Trading Date Momentum on January 31, 2024
On February 01 2024 Xintec was traded for 124.59 at the closing time. The highest price during the trading period was 127.56 and the lowest recorded bid was listed for 123.60 . The volume for the day was 4.5 M. This history from February 1, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.39% . The trading price change to the current price is 2.79% . |
Xintec Fundamentals Correlations and Trends
By evaluating Xintec'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 Xintec's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xintec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xintec Stock history
Xintec 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 Xintec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xintec 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 Xintec stock prices may prove useful in developing a viable investing in Xintec
Xintec Stock Technical Analysis
Xintec 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
Xintec Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Xintec 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.
Xintec December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Xintec stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xintec shares will generate the highest return on investment. By undertsting and applying Xintec stock market strength indicators, traders can identify Xintec entry and exit signals to maximize returns
Xintec Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xintec's price direction in advance. Along with the technical and fundamental analysis of Xintec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xintec 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 | (0.03) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | (0.15) |
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Additional Tools for Xintec Stock Analysis
When running Xintec's price analysis, check to measure Xintec'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 Xintec is operating at the current time. Most of Xintec's value examination focuses on studying past and present price action to predict the probability of Xintec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xintec's price. Additionally, you may evaluate how the addition of Xintec to your portfolios can decrease your overall portfolio volatility.