Flytech Technology (Taiwan) Price on December 6, 2024
| 6206 Stock | TWD 86.00 1.90 2.16% |
If you're considering investing in Flytech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Flytech Technology stands at 86.00, as last reported on the 14th of December 2024, with the highest price reaching 87.90 and the lowest price hitting 85.70 during the day. At this stage we consider Flytech Stock to be very steady. Flytech Technology secures Sharpe Ratio (or Efficiency) of 0.0199, which denotes the company had a 0.0199% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Flytech Technology Co, which you can use to evaluate the volatility of the firm. Please confirm Flytech Technology's Mean Deviation of 1.04, downside deviation of 1.54, and Coefficient Of Variation of 2144.29 to check if the risk estimate we provide is consistent with the expected return of 0.0292%.
Flytech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Flytech |
Sharpe Ratio = 0.0199
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| Negative Returns | 6206 |
Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Flytech Technology is performing at about 1% 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 Flytech Technology by adding it to a well-diversified portfolio.
Flytech Technology Valuation on December 6, 2024
It is possible to determine the worth of Flytech Technology on a given historical date. On December 6, 2024 Flytech was worth 83.2 at the beginning of the trading date compared to the closed value of 84.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Flytech Technology stock. Still, in general, we apply an absolute valuation method to find Flytech 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 Flytech Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Flytech Technology's related companies.
| Open | High | Low | Close | Volume | |
| 82.80 | 83.40 | 82.50 | 83.20 | 122,755 | |
12/06/2024 | 83.20 | 84.50 | 83.20 | 84.30 | 296,745 |
| 84.50 | 84.50 | 83.40 | 84.00 | 122,101 |
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Flytech Technology Trading Date Momentum on December 6, 2024
| On December 09 2024 Flytech Technology Co was traded for 84.00 at the closing time. The highest price during the trading period was 84.50 and the lowest recorded bid was listed for 83.40 . The volume for the day was 122.1 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 0.36% . The overall trading delta to the current price is 4.03% . |
Flytech Technology Fundamentals Correlations and Trends
By evaluating Flytech 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 Flytech Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Flytech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Flytech Technology Stock history
Flytech 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 Flytech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Flytech 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 Flytech Technology stock prices may prove useful in developing a viable investing in Flytech Technology
Flytech Technology Co., Ltd. develops, manufactures, and sells industrial computers and peripherals in Taiwan and internationally. Flytech Technology Co., Ltd. was founded in 1984 and is headquartered in Taipei City, Taiwan. FLYTECH TECHNOLOGY operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange.
Flytech Technology Stock Technical Analysis
Flytech 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.
Price Boundaries
Flytech Technology Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Flytech Technology 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.
Flytech Technology December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Flytech 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 Flytech Technology shares will generate the highest return on investment. By undertsting and applying Flytech Technology stock market strength indicators, traders can identify Flytech Technology Co entry and exit signals to maximize returns
Flytech Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Flytech Technology's price direction in advance. Along with the technical and fundamental analysis of Flytech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Flytech 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 | 0.0388 | |||
| Jensen Alpha | 0.0508 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.736 |
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Additional Tools for Flytech Stock Analysis
When running Flytech Technology's price analysis, check to measure Flytech 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 Flytech Technology is operating at the current time. Most of Flytech Technology's value examination focuses on studying past and present price action to predict the probability of Flytech 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 Flytech Technology's price. Additionally, you may evaluate how the addition of Flytech Technology to your portfolios can decrease your overall portfolio volatility.