EMemory Technology (Taiwan) Price on November 8, 2024
| 3529 Stock | TWD 3,240 35.00 1.07% |
If you're considering investing in EMemory Stock, it is important to understand the factors that can impact its price. As of today, the current price of EMemory Technology stands at 3,240, as last reported on the 16th of December 2024, with the highest price reaching 3,380 and the lowest price hitting 3,200 during the day. EMemory Technology appears to be very steady, given 3 months investment horizon. eMemory Technology secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. By inspecting EMemory Technology's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please utilize EMemory Technology's Risk Adjusted Performance of 0.1446, semi deviation of 2.5, and Downside Deviation of 3.29 to check if our risk estimates are consistent with your expectations.
EMemory Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EMemory |
Sharpe Ratio = 0.1783
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 3529 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average EMemory Technology is performing at about 14% of its full potential. 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 EMemory Technology by adding it to a well-diversified portfolio.
EMemory Technology Valuation on November 8, 2024
It is possible to determine the worth of EMemory Technology on a given historical date. On November 8, 2024 EMemory was worth 3395.0 at the beginning of the trading date compared to the closed value of 3505.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EMemory Technology stock. Still, in general, we apply an absolute valuation method to find EMemory 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 EMemory Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EMemory Technology's related companies.
| Open | High | Low | Close | Volume | |
| 3,360 | 3,420 | 3,315 | 3,380 | 422,918 | |
11/08/2024 | 3,395 | 3,540 | 3,395 | 3,505 | 829,687 |
| 3,680 | 3,695 | 3,155 | 3,155 | 1,773,755 |
| Backtest EMemory Technology | | | EMemory Technology History | | | EMemory Technology Valuation | Previous | Next |
EMemory Technology Trading Date Momentum on November 8, 2024
| On November 11 2024 eMemory Technology was traded for 3,155 at the closing time. The highest price during the trading period was 3,695 and the lowest recorded bid was listed for 3,155 . The volume for the day was 1.8 M. This history from November 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 9.99% . The trading date delta to the current price is 14.69% . |
eMemory Technology Fundamentals Correlations and Trends
By evaluating EMemory 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 EMemory Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EMemory financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EMemory Technology Stock history
EMemory 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 EMemory is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in eMemory Technology 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 EMemory Technology stock prices may prove useful in developing a viable investing in EMemory Technology
EMemory Technology Stock Technical Analysis
EMemory 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
EMemory Technology Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
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EMemory Technology December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how EMemory 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 EMemory Technology shares will generate the highest return on investment. By undertsting and applying EMemory Technology stock market strength indicators, traders can identify eMemory Technology entry and exit signals to maximize returns
EMemory Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EMemory Technology's price direction in advance. Along with the technical and fundamental analysis of EMemory Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EMemory 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 | 0.1446 | |||
| Jensen Alpha | 0.6452 | |||
| Total Risk Alpha | 0.2209 | |||
| Sortino Ratio | 0.1757 | |||
| Treynor Ratio | 2.64 |
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Additional Tools for EMemory Stock Analysis
When running EMemory Technology's price analysis, check to measure EMemory 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 EMemory Technology is operating at the current time. Most of EMemory Technology's value examination focuses on studying past and present price action to predict the probability of EMemory 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 EMemory Technology's price. Additionally, you may evaluate how the addition of EMemory Technology to your portfolios can decrease your overall portfolio volatility.