LK Engineering (Taiwan) Price on December 3, 2024
| 6139 Stock | TWD 218.50 10.50 4.59% |
If you're considering investing in 6139 Stock, it is important to understand the factors that can impact its price. As of today, the current price of LK Engineering stands at 218.50, as last reported on the 12th of December 2024, with the highest price reaching 221.00 and the lowest price hitting 216.00 during the day. At this stage we consider 6139 Stock to be very steady. LK Engineering retains Efficiency (Sharpe Ratio) of 0.0569, which conveys that the firm had a 0.0569% return per unit of price deviation over the last 3 months. We have found twenty-two technical indicators for LK Engineering, which you can use to evaluate the volatility of the firm. Please verify LK Engineering's Market Risk Adjusted Performance of 0.1323, mean deviation of 2.0, and Information Ratio of (0.05) to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
6139 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
6139 |
Sharpe Ratio = 0.0569
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 6139 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average LK Engineering is performing at about 4% 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 LK Engineering by adding it to a well-diversified portfolio.
LK Engineering Valuation on December 3, 2024
It is possible to determine the worth of LK Engineering on a given historical date. On December 3, 2024 6139 was worth 235.0 at the beginning of the trading date compared to the closed value of 234.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LK Engineering stock. Still, in general, we apply an absolute valuation method to find LK Engineering'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 LK Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LK Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 232.50 | 239.50 | 231.00 | 231.00 | 4,179,642 | |
12/03/2024 | 235.00 | 236.50 | 230.00 | 234.50 | 2,666,141 |
| 236.50 | 241.00 | 235.50 | 238.00 | 4,381,970 |
| Backtest LK Engineering | | | LK Engineering History | | | LK Engineering Valuation | Previous | Next |
LK Engineering Trading Date Momentum on December 3, 2024
| On December 04 2024 LK Engineering Co was traded for 238.00 at the closing time. The highest price during the trading period was 241.00 and the lowest recorded bid was listed for 235.50 . The volume for the day was 4.4 M. This history from December 4, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.49% . The trading delta at closing time to the current price is 7.68% . |
LK Engineering Fundamentals Correlations and Trends
By evaluating LK Engineering'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 LK Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 6139 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LK Engineering Stock history
LK Engineering 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 6139 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LK Engineering 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 LK Engineering stock prices may prove useful in developing a viable investing in LK Engineering
LK Engineering Co., Ltd. operates as a cleanroom constructor in high-tech semiconductor industry in Taiwan and internationally. LK Engineering Co., Ltd. was founded in 1978 and is headquartered in Taipei City, Taiwan. LK ENGINEERING operates under Engineering Construction classification in Taiwan and is traded on Taiwan Stock Exchange.
LK Engineering Stock Technical Analysis
LK Engineering 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
LK Engineering Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
LK Engineering Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock 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.
LK Engineering December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how LK Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LK Engineering shares will generate the highest return on investment. By undertsting and applying LK Engineering stock market strength indicators, traders can identify LK Engineering Co entry and exit signals to maximize returns
LK Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LK Engineering's price direction in advance. Along with the technical and fundamental analysis of 6139 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 6139 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 | 0.0067 | |||
| Jensen Alpha | (0.0008) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | 0.1223 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for 6139 Stock Analysis
When running LK Engineering's price analysis, check to measure LK Engineering'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 LK Engineering is operating at the current time. Most of LK Engineering's value examination focuses on studying past and present price action to predict the probability of LK Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LK Engineering's price. Additionally, you may evaluate how the addition of LK Engineering to your portfolios can decrease your overall portfolio volatility.