GrandTech (Taiwan) Price on December 13, 2024
6123 Stock | TWD 57.00 0.20 0.35% |
If you're considering investing in GrandTech Stock, it is important to understand the factors that can impact its price. As of today, the current price of GrandTech stands at 57.00, as last reported on the 14th of December 2024, with the highest price reaching 58.90 and the lowest price hitting 56.20 during the day. GrandTech CG Systems holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of standard deviation over the last 3 months. GrandTech CG Systems exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GrandTech's risk adjusted performance of (0.08), and Market Risk Adjusted Performance of 0.6551 to validate the risk estimate we provide.
GrandTech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GrandTech |
Sharpe Ratio = -0.1365
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Negative Returns | 6123 |
Estimated Market Risk
0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GrandTech 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 GrandTech by adding GrandTech to a well-diversified portfolio.
GrandTech Valuation on December 13, 2024
It is possible to determine the worth of GrandTech on a given historical date. On December 13, 2024 GrandTech was worth 57.2 at the beginning of the trading date compared to the closed value of 57.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GrandTech stock. Still, in general, we apply an absolute valuation method to find GrandTech'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 GrandTech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GrandTech's related companies.
Open | High | Low | Close | Volume | |
56.70 | 57.50 | 56.70 | 57.20 | 72,295 | |
12/13/2024 | 57.20 | 58.90 | 56.20 | 57.00 | 109,263 |
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GrandTech Trading Date Momentum on December 13, 2024
On December 13 2024 GrandTech CG Systems was traded for 57.00 at the closing time. The highest price during the trading period was 58.90 and the lowest recorded bid was listed for 56.20 . The volume for the day was 109.3 K. This history from December 13, 2024 did not cause price change. The overall trading delta to the current price is 0.35% . |
GrandTech CG Systems Fundamentals Correlations and Trends
By evaluating GrandTech'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 GrandTech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GrandTech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GrandTech Stock history
GrandTech 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 GrandTech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GrandTech CG Systems 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 GrandTech stock prices may prove useful in developing a viable investing in GrandTech
GrandTech Stock Technical Analysis
GrandTech 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
GrandTech Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
GrandTech CG Systems 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.
GrandTech December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how GrandTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GrandTech shares will generate the highest return on investment. By undertsting and applying GrandTech stock market strength indicators, traders can identify GrandTech CG Systems entry and exit signals to maximize returns
GrandTech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GrandTech's price direction in advance. Along with the technical and fundamental analysis of GrandTech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GrandTech 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 | (0.08) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | 0.6451 |
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Additional Tools for GrandTech Stock Analysis
When running GrandTech's price analysis, check to measure GrandTech'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 GrandTech is operating at the current time. Most of GrandTech's value examination focuses on studying past and present price action to predict the probability of GrandTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GrandTech's price. Additionally, you may evaluate how the addition of GrandTech to your portfolios can decrease your overall portfolio volatility.