Unitech Electronics (Taiwan) Price on March 1, 2024

3652 Stock   36.55  0.60  1.62%   
If you're considering investing in Unitech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Unitech Electronics stands at 36.55, as last reported on the 15th of December 2024, with the highest price reaching 38.70 and the lowest price hitting 36.55 during the day. Unitech Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0491, which indicates the firm had a -0.0491% return per unit of risk over the last 3 months. Unitech Electronics Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Unitech Electronics' Variance of 5.82, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,699) to confirm the risk estimate we provide.
  
Unitech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0491

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Estimated Market Risk

 2.44
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Unitech Electronics 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 Unitech Electronics by adding Unitech Electronics to a well-diversified portfolio.

Unitech Electronics Valuation on March 1, 2024

It is possible to determine the worth of Unitech Electronics on a given historical date. On March 1, 2024 Unitech was worth 30.33 at the beginning of the trading date compared to the closed value of 30.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unitech Electronics stock. Still, in general, we apply an absolute valuation method to find Unitech Electronics' 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 Unitech Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unitech Electronics' related companies.
 Open High Low Close Volume
  29.98    30.43    29.98    30.18    47,445  
03/01/2024
  30.33    30.78    30.08    30.43    116,000  
  30.48    31.08    30.28    30.38    163,023  
Backtest Unitech Electronics  |  Unitech Electronics History  |  Unitech Electronics Valuation   PreviousNext  
Open Value
30.33
30.43
Closing Value
37.65
Upside

Unitech Electronics Trading Date Momentum on March 1, 2024

On March 04 2024 Unitech Electronics Co was traded for  30.38  at the closing time. The highest price during the trading period was 31.08  and the lowest recorded bid was listed for  30.28 . The volume for the day was 163 K. This history from March 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.16% . The trading price change to the current price is 2.27% .

Unitech Electronics Fundamentals Correlations and Trends

By evaluating Unitech Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Unitech Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Unitech financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Unitech Electronics Stock history

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

Unitech Electronics Stock Technical Analysis

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

Unitech Electronics Period Price Range

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Unitech Electronics December 15, 2024 Market Strength

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

Unitech Electronics Technical and Predictive Indicators

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

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