Prosperity Dielectrics (Taiwan) Price on December 6, 2024

6173 Stock  TWD 42.00  0.70  1.64%   
If you're considering investing in Prosperity Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prosperity Dielectrics stands at 42.00, as last reported on the 20th of December, with the highest price reaching 42.95 and the lowest price hitting 42.00 during the day. Prosperity Dielectrics maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. Prosperity Dielectrics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prosperity Dielectrics' Variance of 2.95, coefficient of variation of (1,182), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
  
Prosperity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1108

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Estimated Market Risk

 1.75
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Prosperity Dielectrics 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 Prosperity Dielectrics by adding Prosperity Dielectrics to a well-diversified portfolio.

Prosperity Dielectrics Valuation on December 6, 2024

It is possible to determine the worth of Prosperity Dielectrics on a given historical date. On December 6, 2024 Prosperity was worth 48.15 at the beginning of the trading date compared to the closed value of 46.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prosperity Dielectrics stock. Still, in general, we apply an absolute valuation method to find Prosperity Dielectrics' 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 Prosperity Dielectrics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prosperity Dielectrics' related companies.
 Open High Low Close Volume
  50.00    52.50    48.35    48.70    7,652,389  
12/06/2024
  48.15    48.65    46.65    46.65    2,231,940  
  46.75    47.00    45.55    45.55    941,000  
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Open Value
48.15
46.65
Closing Value
53.39
Upside

Prosperity Dielectrics Trading Date Momentum on December 6, 2024

On December 09 2024 Prosperity Dielectrics Co was traded for  45.55  at the closing time. The highest price during the trading period was 47.00  and the lowest recorded bid was listed for  45.55 . The volume for the day was 941 K. This history from December 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.36% . The trading delta at closing time to the current price is 6.75% .

Prosperity Dielectrics Fundamentals Correlations and Trends

By evaluating Prosperity Dielectrics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prosperity Dielectrics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prosperity financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Prosperity Dielectrics Stock history

Prosperity Dielectrics 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 Prosperity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prosperity Dielectrics 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 Prosperity Dielectrics stock prices may prove useful in developing a viable investing in Prosperity Dielectrics
Prosperity Dielectrics Co., Ltd. manufactures and exports ceramic dielectric powders and multilayer ceramic chip capacitors in Taiwan. Prosperity Dielectrics Co., Ltd. was founded in 1990 and is based in Taoyuan, Taiwan. PROSPERITY DIELECTRICS operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 1252 people.

Prosperity Dielectrics Stock Technical Analysis

Prosperity Dielectrics 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 Prosperity Dielectrics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prosperity Dielectrics 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

Prosperity Dielectrics Period Price Range

Low
December 20, 2024
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High

 0.00 

     

 0.00 

Prosperity Dielectrics 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.

Prosperity Dielectrics December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Prosperity Dielectrics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prosperity Dielectrics shares will generate the highest return on investment. By undertsting and applying Prosperity Dielectrics stock market strength indicators, traders can identify Prosperity Dielectrics Co entry and exit signals to maximize returns

Prosperity Dielectrics Technical and Predictive Indicators

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

When running Prosperity Dielectrics' price analysis, check to measure Prosperity Dielectrics' 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 Prosperity Dielectrics is operating at the current time. Most of Prosperity Dielectrics' value examination focuses on studying past and present price action to predict the probability of Prosperity Dielectrics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosperity Dielectrics' price. Additionally, you may evaluate how the addition of Prosperity Dielectrics to your portfolios can decrease your overall portfolio volatility.