XAC Automation (Taiwan) Price on October 2, 2024
5490 Stock | TWD 25.20 0.30 1.18% |
If you're considering investing in XAC Stock, it is important to understand the factors that can impact its price. As of today, the current price of XAC Automation stands at 25.20, as last reported on the 12th of December 2024, with the highest price reaching 25.55 and the lowest price hitting 25.20 during the day. XAC Automation retains Efficiency (Sharpe Ratio) of -0.0266, which attests that the company had a -0.0266% return per unit of volatility over the last 3 months. XAC Automation exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out XAC Automation's Mean Deviation of 1.06, market risk adjusted performance of 1.03, and Information Ratio of (0.09) to validate the risk estimate we provide.
XAC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
XAC |
Sharpe Ratio = -0.0266
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Negative Returns | 5490 |
Estimated Market Risk
1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average XAC Automation 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 XAC Automation by adding XAC Automation to a well-diversified portfolio.
XAC Automation Valuation on October 2, 2024
It is possible to determine the worth of XAC Automation on a given historical date. On October 2, 2024 XAC was worth 25.65 at the beginning of the trading date compared to the closed value of 25.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XAC Automation stock. Still, in general, we apply an absolute valuation method to find XAC Automation'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 XAC Automation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XAC Automation's related companies.
Open | High | Low | Close | Volume | |
25.75 | 25.80 | 25.60 | 25.65 | 112,215 | |
10/02/2024 | 25.65 | 25.65 | 25.65 | 25.65 | 1.00 |
25.65 | 25.65 | 25.65 | 25.65 | 1.00 |
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XAC Automation Trading Date Momentum on October 2, 2024
On October 03 2024 XAC Automation was traded for 25.65 at the closing time. The highest price during the trading period was 25.65 and the lowest recorded bid was listed for 25.65 . There was no trading activity during the period 1.0. Lack of trading volume on October 3, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 2.34% . |
XAC Automation Fundamentals Correlations and Trends
By evaluating XAC Automation'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 XAC Automation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. XAC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About XAC Automation Stock history
XAC Automation 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 XAC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XAC Automation 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 XAC Automation stock prices may prove useful in developing a viable investing in XAC Automation
XAC Automation Corporation engages in the research and development, manufacture, and sale of commerce specific solutions to the payment industry worldwide. XAC Automation Corporation was founded in 1993 and is headquartered in Hsinchu, Taiwan. XAC AUTOMATION operates under Business Equipment classification in Taiwan and is traded on Taiwan OTC Exchange.
XAC Automation Stock Technical Analysis
XAC Automation 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
XAC Automation Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
XAC Automation 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.
XAC Automation December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how XAC Automation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading XAC Automation shares will generate the highest return on investment. By undertsting and applying XAC Automation stock market strength indicators, traders can identify XAC Automation entry and exit signals to maximize returns
XAC Automation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for XAC Automation's price direction in advance. Along with the technical and fundamental analysis of XAC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of XAC 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 | (0.01) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | 1.02 |
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Additional Tools for XAC Stock Analysis
When running XAC Automation's price analysis, check to measure XAC Automation'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 XAC Automation is operating at the current time. Most of XAC Automation's value examination focuses on studying past and present price action to predict the probability of XAC Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XAC Automation's price. Additionally, you may evaluate how the addition of XAC Automation to your portfolios can decrease your overall portfolio volatility.