Chipbond Technology (Taiwan) Price on December 12, 2024

6147 Stock  TWD 63.40  0.90  1.44%   
If you're considering investing in Chipbond Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chipbond Technology stands at 63.40, as last reported on the 17th of December 2024, with the highest price reaching 65.00 and the lowest price hitting 62.60 during the day. Chipbond Technology secures Sharpe Ratio (or Efficiency) of -0.0744, which signifies that the company had a -0.0744% return per unit of risk over the last 3 months. Chipbond Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chipbond Technology's Standard Deviation of 1.07, mean deviation of 0.8013, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
Chipbond Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0744

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Estimated Market Risk

 1.03
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Chipbond Technology 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 Chipbond Technology by adding Chipbond Technology to a well-diversified portfolio.

Chipbond Technology Valuation on December 12, 2024

It is possible to determine the worth of Chipbond Technology on a given historical date. On December 12, 2024 Chipbond was worth 64.2 at the beginning of the trading date compared to the closed value of 64.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chipbond Technology stock. Still, in general, we apply an absolute valuation method to find Chipbond 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 Chipbond Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chipbond Technology's related companies.
 Open High Low Close Volume
  63.50    64.20    63.30    64.20    1,185,279  
12/12/2024
  64.20    64.40    63.90    64.00    1,731,579  
  64.00    64.10    63.40    64.10    1,198,209  
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Open Value
64.2
64.0
Closing Value
67.28
Upside

Chipbond Technology Trading Date Momentum on December 12, 2024

On December 13 2024 Chipbond Technology was traded for  64.10  at the closing time. The highest price during the trading period was 64.10  and the lowest recorded bid was listed for  63.40 . The volume for the day was 1.2 M. This history from December 13, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.16% . The overall trading delta to the current price is 2.19% .

Chipbond Technology Fundamentals Correlations and Trends

By evaluating Chipbond 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 Chipbond Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chipbond financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chipbond Technology Stock history

Chipbond 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 Chipbond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chipbond 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 Chipbond Technology stock prices may prove useful in developing a viable investing in Chipbond Technology
Chipbond Technology Corporation, together with its subsidiaries, provides services for backend assembly processing of LCD driver integrated circuits in Taiwan, the United States, and internationally. Chipbond Technology Corporation was founded in 1997 and is headquartered in Hsinchu, Taiwan. CHIPBOND TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange.

Chipbond Technology Stock Technical Analysis

Chipbond 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.
A focus of Chipbond Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chipbond Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Chipbond Technology Period Price Range

Low
December 17, 2024
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High

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 0.00 

Chipbond Technology 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.

Chipbond Technology December 17, 2024 Market Strength

Market strength indicators help investors to evaluate how Chipbond 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 Chipbond Technology shares will generate the highest return on investment. By undertsting and applying Chipbond Technology stock market strength indicators, traders can identify Chipbond Technology entry and exit signals to maximize returns

Chipbond Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chipbond Technology's price direction in advance. Along with the technical and fundamental analysis of Chipbond Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chipbond 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.

Additional Tools for Chipbond Stock Analysis

When running Chipbond Technology's price analysis, check to measure Chipbond 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 Chipbond Technology is operating at the current time. Most of Chipbond Technology's value examination focuses on studying past and present price action to predict the probability of Chipbond 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 Chipbond Technology's price. Additionally, you may evaluate how the addition of Chipbond Technology to your portfolios can decrease your overall portfolio volatility.