Global Lighting (Taiwan) Price on November 4, 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 15th 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-four 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), standard deviation of 1.87, and Market Risk Adjusted Performance of 1.5 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.

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 November 4, 2024

It is possible to determine the worth of Global Lighting on a given historical date. On November 4, 2024 Global was worth 75.7 at the beginning of the trading date compared to the closed value of 74.4. 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
  73.30    76.20    72.90    75.70    462,551  
11/04/2024
  75.70    75.70    74.40    74.40    247,753  
  74.50    75.20    73.40    73.50    264,027  
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Open Value
75.7
74.4
Closing Value
81.34
Upside

Global Lighting Trading Date Momentum on November 4, 2024

On November 05 2024 Global Lighting Technologies was traded for  73.50  at the closing time. The highest price during the trading period was 75.20  and the lowest recorded bid was listed for  73.40 . The volume for the day was 264 K. This history from November 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.21% . The overall trading delta to the current price is 13.04% .

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

Global Lighting Period Price Range

Low
December 15, 2024
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High

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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 15, 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.

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.