Ennostar (Taiwan) Price on December 12, 2024
3714 Stock | TWD 42.30 1.65 3.75% |
If you're considering investing in Ennostar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ennostar stands at 42.30, as last reported on the 15th of December 2024, with the highest price reaching 44.05 and the lowest price hitting 42.20 during the day. Ennostar secures Sharpe Ratio (or Efficiency) of -0.0118, which denotes the company had a -0.0118% return per unit of risk over the last 3 months. Ennostar exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ennostar's Mean Deviation of 1.45, downside deviation of 1.83, and Coefficient Of Variation of 1864.3 to check the risk estimate we provide.
Ennostar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ennostar |
Sharpe Ratio = -0.0118
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Negative Returns | 3714 |
Estimated Market Risk
1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.02 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 Ennostar 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 Ennostar by adding Ennostar to a well-diversified portfolio.
Ennostar Valuation on December 12, 2024
It is possible to determine the worth of Ennostar on a given historical date. On December 12, 2024 Ennostar was worth 44.3 at the beginning of the trading date compared to the closed value of 43.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ennostar stock. Still, in general, we apply an absolute valuation method to find Ennostar'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 Ennostar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ennostar's related companies.
Open | High | Low | Close | Volume | |
44.60 | 45.40 | 43.95 | 44.10 | 1,940,238 | |
12/12/2024 | 44.30 | 44.60 | 43.95 | 43.95 | 1,262,083 |
44.05 | 44.05 | 42.20 | 42.30 | 3,091,221 |
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Ennostar Trading Date Momentum on December 12, 2024
On December 13 2024 Ennostar was traded for 42.30 at the closing time. The highest price during the trading period was 44.05 and the lowest recorded bid was listed for 42.20 . The volume for the day was 3.1 M. This history from December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.75% . The overall trading delta to the current price is 0.23% . |
Ennostar Fundamentals Correlations and Trends
By evaluating Ennostar'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 Ennostar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ennostar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ennostar Stock history
Ennostar 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 Ennostar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ennostar 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 Ennostar stock prices may prove useful in developing a viable investing in Ennostar
ENNOSTAR Inc. engages in the research and development, manufacture, and sale of compound semiconductors in Taiwan. ENNOSTAR Inc. was founded in 1996 and is headquartered in Hsinchu, Taiwan. ENNOSTAR INC operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Ennostar Stock Technical Analysis
Ennostar 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
Ennostar Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Ennostar 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.
Ennostar December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Ennostar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ennostar shares will generate the highest return on investment. By undertsting and applying Ennostar stock market strength indicators, traders can identify Ennostar entry and exit signals to maximize returns
Ennostar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ennostar's price direction in advance. Along with the technical and fundamental analysis of Ennostar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ennostar 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 | 0.0451 | |||
Jensen Alpha | 0.1066 | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | 0.0014 | |||
Treynor Ratio | (0.60) |
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Additional Tools for Ennostar Stock Analysis
When running Ennostar's price analysis, check to measure Ennostar'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 Ennostar is operating at the current time. Most of Ennostar's value examination focuses on studying past and present price action to predict the probability of Ennostar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ennostar's price. Additionally, you may evaluate how the addition of Ennostar to your portfolios can decrease your overall portfolio volatility.