InnoDisk (Taiwan) Price on November 27, 2024
| 5289 Stock | TWD 224.00 4.50 2.05% |
If you're considering investing in InnoDisk Stock, it is important to understand the factors that can impact its price. As of today, the current price of InnoDisk stands at 224.00, as last reported on the 27th of December, with the highest price reaching 227.50 and the lowest price hitting 220.00 during the day. InnoDisk holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had a -0.23% return per unit of risk over the last 3 months. InnoDisk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InnoDisk's Risk Adjusted Performance of (0.19), standard deviation of 1.55, and Market Risk Adjusted Performance of 9.68 to validate the risk estimate we provide.
InnoDisk Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
InnoDisk |
Sharpe Ratio = -0.2295
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| Negative Returns | 5289 |
Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average InnoDisk 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 InnoDisk by adding InnoDisk to a well-diversified portfolio.
InnoDisk Valuation on November 27, 2024
It is possible to determine the worth of InnoDisk on a given historical date. On November 27, 2024 InnoDisk was worth 230.0 at the beginning of the trading date compared to the closed value of 227.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of InnoDisk stock. Still, in general, we apply an absolute valuation method to find InnoDisk'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 InnoDisk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against InnoDisk's related companies.
| Open | High | Low | Close | Volume | |
| 234.50 | 234.50 | 229.00 | 230.50 | 124,621 | |
11/27/2024 | 230.00 | 231.00 | 226.00 | 227.50 | 260,278 |
| 226.00 | 229.50 | 221.50 | 227.50 | 278,000 |
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InnoDisk Trading Date Momentum on November 27, 2024
| On November 28 2024 InnoDisk was traded for 227.50 at the closing time. The highest price during the trading period was 229.50 and the lowest recorded bid was listed for 221.50 . The volume for the day was 278 K. This history from November 28, 2024 did not cause price change. The trading delta at closing time to the current price is 1.32% . |
InnoDisk Fundamentals Correlations and Trends
By evaluating InnoDisk'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 InnoDisk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. InnoDisk financial account trend analysis is a perfect complement when working with valuation or volatility modules.About InnoDisk Stock history
InnoDisk 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 InnoDisk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in InnoDisk 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 InnoDisk stock prices may prove useful in developing a viable investing in InnoDisk
Innodisk Corporation researchs, develops, manufactures, and sales industrial embedded storage devices in Taiwan. Innodisk Corporation was founded in 2005 and is headquartered in New Taipei City, Taiwan. INNODISK CORPORATION operates under Computer Hardware classification in Taiwan and is traded on Taiwan OTC Exchange.
InnoDisk Stock Technical Analysis
InnoDisk 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
InnoDisk Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
InnoDisk 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.
InnoDisk December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how InnoDisk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading InnoDisk shares will generate the highest return on investment. By undertsting and applying InnoDisk stock market strength indicators, traders can identify InnoDisk entry and exit signals to maximize returns
InnoDisk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for InnoDisk's price direction in advance. Along with the technical and fundamental analysis of InnoDisk Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of InnoDisk 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 | (0.19) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 9.67 |
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Additional Tools for InnoDisk Stock Analysis
When running InnoDisk's price analysis, check to measure InnoDisk'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 InnoDisk is operating at the current time. Most of InnoDisk's value examination focuses on studying past and present price action to predict the probability of InnoDisk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnoDisk's price. Additionally, you may evaluate how the addition of InnoDisk to your portfolios can decrease your overall portfolio volatility.