Gigasolar Materials (Taiwan) Price on November 21, 2024

3691 Stock  TWD 83.10  1.40  1.66%   
If you're considering investing in Gigasolar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gigasolar Materials stands at 83.10, as last reported on the 12th of December 2024, with the highest price reaching 84.40 and the lowest price hitting 82.80 during the day. Gigasolar Materials holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Gigasolar Materials exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gigasolar Materials' Standard Deviation of 2.08, risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.94) to validate the risk estimate we provide.
  
Gigasolar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1498

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Negative Returns3691

Estimated Market Risk

 2.06
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.31
  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 Gigasolar Materials 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 Gigasolar Materials by adding Gigasolar Materials to a well-diversified portfolio.

Gigasolar Materials Valuation on November 21, 2024

It is possible to determine the worth of Gigasolar Materials on a given historical date. On November 21, 2024 Gigasolar was worth 87.0 at the beginning of the trading date compared to the closed value of 86.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gigasolar Materials stock. Still, in general, we apply an absolute valuation method to find Gigasolar Materials' 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 Gigasolar Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gigasolar Materials' related companies.
 Open High Low Close Volume
  87.50    87.50    85.80    86.20    282,534  
11/21/2024
  87.00    88.00    86.20    86.40    177,000  
  87.30    88.00    86.60    86.70    60,365  
Backtest Gigasolar Materials  |  Gigasolar Materials History  |  Gigasolar Materials Valuation   PreviousNext  
Open Value
87.0
86.4
Closing Value
93.19
Upside

Gigasolar Materials Trading Date Momentum on November 21, 2024

On November 22 2024 Gigasolar Materials was traded for  86.70  at the closing time. The highest price during the trading period was 88.00  and the lowest recorded bid was listed for  86.60 . The volume for the day was 60.4 K. This history from November 22, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.35% . The overall trading delta to the current price is 0.69% .

Gigasolar Materials Fundamentals Correlations and Trends

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

About Gigasolar Materials Stock history

Gigasolar Materials 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 Gigasolar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gigasolar Materials 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 Gigasolar Materials stock prices may prove useful in developing a viable investing in Gigasolar Materials
Giga Solar Materials Corp. manufactures and sells PV conductive pastes in Asia, Europe, and the United States. Giga Solar Materials Corp. is a subsidiary of Gigastorage Corporation. GIGASOLAR MATERIALS operates under Solar classification in Taiwan and is traded on Taiwan OTC Exchange.

Gigasolar Materials Stock Technical Analysis

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

Gigasolar Materials Period Price Range

Low
December 12, 2024
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High

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 0.00 

Gigasolar Materials 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.

Gigasolar Materials December 12, 2024 Market Strength

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

Gigasolar Materials Technical and Predictive Indicators

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

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