Coretronic (Taiwan) Price on October 3, 2023
| 5371 Stock | TWD 75.60 1.60 2.07% |
If you're considering investing in Coretronic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Coretronic stands at 75.60, as last reported on the 15th of December 2024, with the highest price reaching 78.70 and the lowest price hitting 75.30 during the day. At this stage we consider Coretronic Stock to be very steady. Coretronic secures Sharpe Ratio (or Efficiency) of 0.0108, which signifies that the company had a 0.0108% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Coretronic, which you can use to evaluate the volatility of the firm. Please confirm Coretronic's Downside Deviation of 2.21, mean deviation of 1.69, and Risk Adjusted Performance of 0.03 to double-check if the risk estimate we provide is consistent with the expected return of 0.0277%.
Coretronic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Coretronic |
Sharpe Ratio = 0.0108
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 5371 |
Estimated Market Risk
| 2.56 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.03 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 Coretronic 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 Coretronic by adding Coretronic to a well-diversified portfolio.
Coretronic Valuation on October 3, 2023
It is possible to determine the worth of Coretronic on a given historical date. On October 3, 2023 Coretronic was worth 75.28 at the beginning of the trading date compared to the closed value of 75.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coretronic stock. Still, in general, we apply an absolute valuation method to find Coretronic'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 Coretronic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coretronic's related companies.
| Open | High | Low | Close | Volume | |
| 74.70 | 75.76 | 74.60 | 75.67 | 1,373,000 | |
10/03/2023 | 75.28 | 76.44 | 75.18 | 75.38 | 1,649,000 |
| 74.99 | 75.86 | 74.41 | 75.67 | 1,515,000 |
| Backtest Coretronic | | | Coretronic History | | | Coretronic Valuation | Previous | Next |
Coretronic Trading Date Momentum on October 3, 2023
| On October 04 2023 Coretronic was traded for 75.67 at the closing time. The highest price during the trading period was 75.86 and the lowest recorded bid was listed for 74.41 . The volume for the day was 1.5 M. This history from October 4, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.38% . The overall trading delta to the current price is 1.29% . |
Coretronic Fundamentals Correlations and Trends
By evaluating Coretronic'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 Coretronic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Coretronic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Coretronic Stock history
Coretronic 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 Coretronic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Coretronic 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 Coretronic stock prices may prove useful in developing a viable investing in Coretronic
Coretronic Corporation engages in the research, development, production, manufacturing, and marketing of projectors, backlights, and flat panel display related products in Taiwan and internationally. Coretronic Corporation was founded in 1992 and is headquartered in Hsinchu, Taiwan. CORETRONICS CORP is traded on Taiwan OTC Exchange in Taiwan.
Coretronic Stock Technical Analysis
Coretronic 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
Coretronic Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Coretronic 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.
Coretronic December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Coretronic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Coretronic shares will generate the highest return on investment. By undertsting and applying Coretronic stock market strength indicators, traders can identify Coretronic entry and exit signals to maximize returns
Coretronic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Coretronic's price direction in advance. Along with the technical and fundamental analysis of Coretronic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Coretronic 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 | 0.03 | |||
| Jensen Alpha | 0.0109 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1067 |
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Additional Tools for Coretronic Stock Analysis
When running Coretronic's price analysis, check to measure Coretronic'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 Coretronic is operating at the current time. Most of Coretronic's value examination focuses on studying past and present price action to predict the probability of Coretronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coretronic's price. Additionally, you may evaluate how the addition of Coretronic to your portfolios can decrease your overall portfolio volatility.