Simplo Technology (Taiwan) Price on November 11, 2024
| 6121 Stock | TWD 374.50 20.00 5.07% |
If you're considering investing in Simplo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Simplo Technology stands at 374.50, as last reported on the 16th of December 2024, with the highest price reaching 397.00 and the lowest price hitting 374.50 during the day. Simplo Technology appears to be very steady, given 3 months investment horizon. Simplo Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Simplo Technology Co, which you can use to evaluate the volatility of the company. Please review Simplo Technology's Semi Deviation of 1.59, coefficient of variation of 974.7, and Risk Adjusted Performance of 0.0811 to confirm if our risk estimates are consistent with your expectations.
Simplo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Simplo |
Sharpe Ratio = 0.1139
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 6121 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Simplo Technology is performing at about 8% of its full potential. 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 Simplo Technology by adding it to a well-diversified portfolio.
Simplo Technology Valuation on November 11, 2024
It is possible to determine the worth of Simplo Technology on a given historical date. On November 11, 2024 Simplo was worth 376.0 at the beginning of the trading date compared to the closed value of 361.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Simplo Technology stock. Still, in general, we apply an absolute valuation method to find Simplo Technology'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 Simplo Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Simplo Technology's related companies.
| Open | High | Low | Close | Volume | |
| 354.00 | 376.00 | 354.00 | 376.00 | 1,974,499 | |
11/11/2024 | 376.00 | 389.00 | 359.50 | 361.50 | 2,383,050 |
| 359.00 | 370.00 | 355.50 | 358.50 | 1,511,996 |
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Simplo Technology Trading Date Momentum on November 11, 2024
| On November 12 2024 Simplo Technology Co was traded for 358.50 at the closing time. The highest price during the trading period was 370.00 and the lowest recorded bid was listed for 355.50 . The volume for the day was 1.5 M. This history from November 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.83% . The trading price change to the current price is 0.69% . |
Simplo Technology Fundamentals Correlations and Trends
By evaluating Simplo Technology'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 Simplo Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Simplo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Simplo Technology Stock history
Simplo Technology 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 Simplo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Simplo Technology 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 Simplo Technology stock prices may prove useful in developing a viable investing in Simplo Technology
Simplo Technology Co., Ltd. develops, produces, and sells battery packs worldwide. Simplo Technology Co., Ltd. was founded in 1992 and is headquartered in Hsinchu, Taiwan. SIMPLO TECHNOLOGY operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan OTC Exchange.
Simplo Technology Stock Technical Analysis
Simplo Technology 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
Simplo Technology Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Simplo Technology Co 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.
Simplo Technology December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Simplo Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Simplo Technology shares will generate the highest return on investment. By undertsting and applying Simplo Technology stock market strength indicators, traders can identify Simplo Technology Co entry and exit signals to maximize returns
Simplo Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Simplo Technology's price direction in advance. Along with the technical and fundamental analysis of Simplo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Simplo 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 | 0.0811 | |||
| Jensen Alpha | 0.1707 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0676 | |||
| Treynor Ratio | 0.4413 |
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| Volume Indicators |
Additional Tools for Simplo Stock Analysis
When running Simplo Technology's price analysis, check to measure Simplo Technology'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 Simplo Technology is operating at the current time. Most of Simplo Technology's value examination focuses on studying past and present price action to predict the probability of Simplo Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simplo Technology's price. Additionally, you may evaluate how the addition of Simplo Technology to your portfolios can decrease your overall portfolio volatility.