Global Lighting (Taiwan) Price on August 7, 2024
4935 Stock | TWD 62.80 1.20 1.88% |
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. As of today, the current price of Global Lighting stands at 62.80, as last reported on the 14th of December 2024, with the highest price reaching 63.80 and the lowest price hitting 62.70 during the day. Global Lighting Tech holds Efficiency (Sharpe) Ratio of -0.0855, which attests that the entity had a -0.0855% return per unit of risk over the last 3 months. Global Lighting Tech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Lighting's Risk Adjusted Performance of (0.08), market risk adjusted performance of 1.5, and Standard Deviation of 1.87 to validate the risk estimate we provide.
Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = -0.0855
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Estimated Market Risk
1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Lighting 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 Global Lighting by adding Global Lighting to a well-diversified portfolio.
Global Lighting Valuation on August 7, 2024
It is possible to determine the worth of Global Lighting on a given historical date. On August 7, 2024 Global was worth 54.9 at the beginning of the trading date compared to the closed value of 58.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Lighting stock. Still, in general, we apply an absolute valuation method to find Global Lighting'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 Global Lighting where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Lighting's related companies.
Open | High | Low | Close | Volume | |
55.00 | 56.00 | 52.50 | 54.80 | 181,105 | |
08/07/2024 | 54.90 | 58.80 | 54.90 | 58.10 | 139,141 |
58.40 | 59.70 | 57.70 | 59.20 | 172,977 |
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Global Lighting Trading Date Momentum on August 7, 2024
On August 08 2024 Global Lighting Technologies was traded for 59.20 at the closing time. The highest price during the trading period was 59.70 and the lowest recorded bid was listed for 57.70 . The volume for the day was 173 K. This history from August 8, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.89% . The overall trading delta to the current price is 1.20% . |
Global Lighting Tech Fundamentals Correlations and Trends
By evaluating Global Lighting'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 Global Lighting's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Lighting Stock history
Global Lighting 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Lighting Tech 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 Global Lighting stock prices may prove useful in developing a viable investing in Global Lighting
Global Lighting Technologies Inc. engineers and manufactures custom light guides for companies worldwide. The company was founded in 2000 and is based in Zhongli, Taiwan. GLOBAL LIGHTING operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1368 people.
Global Lighting Stock Technical Analysis
Global Lighting 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
Global Lighting Period Price Range
Low | December 14, 2024
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0.00 | 0.00 |
Global Lighting Technologies 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.
Global Lighting December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Lighting stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Lighting shares will generate the highest return on investment. By undertsting and applying Global Lighting stock market strength indicators, traders can identify Global Lighting Technologies entry and exit signals to maximize returns
Global Lighting Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Lighting's price direction in advance. Along with the technical and fundamental analysis of Global Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global 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 | (0.08) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | 1.49 |
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Additional Tools for Global Stock Analysis
When running Global Lighting's price analysis, check to measure Global Lighting'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 Global Lighting is operating at the current time. Most of Global Lighting's value examination focuses on studying past and present price action to predict the probability of Global Lighting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Lighting's price. Additionally, you may evaluate how the addition of Global Lighting to your portfolios can decrease your overall portfolio volatility.