Lumax International (Taiwan) Price on September 25, 2024
| 6192 Stock | TWD 113.00 1.50 1.35% |
If you're considering investing in Lumax Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lumax International stands at 113.00, as last reported on the 8th of January, with the highest price reaching 116.50 and the lowest price hitting 111.50 during the day. At this stage we consider Lumax Stock to be very steady. Lumax International Corp has Sharpe Ratio of 0.0068, which conveys that the firm had a 0.0068% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Lumax International, which you can use to evaluate the volatility of the firm. Please verify Lumax International's Mean Deviation of 1.13, standard deviation of 1.45, and Risk Adjusted Performance of (0.03) to check out if the risk estimate we provide is consistent with the expected return of 0.0094%.
Lumax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lumax |
Sharpe Ratio = 0.0068
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6192 |
Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lumax International 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 Lumax International by adding Lumax International to a well-diversified portfolio.
Lumax International Valuation on September 25, 2024
It is possible to determine the worth of Lumax International on a given historical date. On September 25, 2024 Lumax was worth 118.5 at the beginning of the trading date compared to the closed value of 117.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lumax International stock. Still, in general, we apply an absolute valuation method to find Lumax International'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 Lumax International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lumax International's related companies.
| Open | High | Low | Close | Volume | |
| 119.00 | 119.00 | 116.50 | 117.00 | 58,678 | |
09/25/2024 | 118.50 | 119.50 | 117.50 | 117.50 | 75,067 |
| 118.00 | 119.00 | 116.00 | 116.50 | 73,382 |
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Lumax International Trading Date Momentum on September 25, 2024
| On September 26 2024 Lumax International Corp was traded for 116.50 at the closing time. The highest price during the trading period was 119.00 and the lowest recorded bid was listed for 116.00 . The volume for the day was 73.4 K. This history from September 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.85% . The trading delta at closing time to the current price is 1.28% . |
Lumax International Corp Fundamentals Correlations and Trends
By evaluating Lumax International'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 Lumax International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lumax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lumax International Stock history
Lumax International 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 Lumax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lumax International Corp 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 Lumax International stock prices may prove useful in developing a viable investing in Lumax International
Lumax International Corp., Ltd. engages in the wholesale of electronic materials in Taiwan and China. Lumax International Corp., Ltd. was founded in 1975 and is headquartered in Taipei City, Taiwan. LUMAX INTERNATIONAL operates under Electronics Distribution classification in Taiwan and is traded on Taiwan Stock Exchange.
Lumax International Stock Technical Analysis
Lumax International 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
Lumax International Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Lumax International Corp 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.
Lumax International January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Lumax International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lumax International shares will generate the highest return on investment. By undertsting and applying Lumax International stock market strength indicators, traders can identify Lumax International Corp entry and exit signals to maximize returns
Lumax International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lumax International's price direction in advance. Along with the technical and fundamental analysis of Lumax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lumax 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 | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.26) |
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Additional Tools for Lumax Stock Analysis
When running Lumax International's price analysis, check to measure Lumax International'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 Lumax International is operating at the current time. Most of Lumax International's value examination focuses on studying past and present price action to predict the probability of Lumax International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumax International's price. Additionally, you may evaluate how the addition of Lumax International to your portfolios can decrease your overall portfolio volatility.