ITEQ Corp (Taiwan) Price on December 1, 2023
| 6213 Stock | TWD 77.60 0.80 1.02% |
If you're considering investing in ITEQ Stock, it is important to understand the factors that can impact its price. As of today, the current price of ITEQ Corp stands at 77.60, as last reported on the 15th of December 2024, with the highest price reaching 79.80 and the lowest price hitting 77.50 during the day. At this stage we consider ITEQ Stock to be very steady. ITEQ Corp holds Efficiency (Sharpe) Ratio of 0.04, which attests that the entity had a 0.04% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for ITEQ Corp, which you can use to evaluate the volatility of the firm. Please check out ITEQ Corp's Semi Deviation of 1.66, risk adjusted performance of 0.064, and Market Risk Adjusted Performance of 0.5177 to validate if the risk estimate we provide is consistent with the expected return of 0.0745%.
ITEQ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ITEQ |
Sharpe Ratio = 0.04
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| Cash | Small Risk | 6213 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average ITEQ Corp is performing at about 3% 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 ITEQ Corp by adding it to a well-diversified portfolio.
ITEQ Corp Valuation on December 1, 2023
It is possible to determine the worth of ITEQ Corp on a given historical date. On December 1, 2023 ITEQ was worth 88.0 at the beginning of the trading date compared to the closed value of 87.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ITEQ Corp stock. Still, in general, we apply an absolute valuation method to find ITEQ Corp'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 ITEQ Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ITEQ Corp's related companies.
| Open | High | Low | Close | Volume | |
| 88.80 | 90.20 | 88.20 | 88.70 | 2,911,250 | |
12/01/2023 | 88.00 | 88.20 | 85.90 | 87.00 | 4,483,159 |
| 87.30 | 88.10 | 86.20 | 87.10 | 2,275,100 |
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ITEQ Corp Trading Date Momentum on December 1, 2023
| On December 04 2023 ITEQ Corp was traded for 87.10 at the closing time. The highest price during the trading period was 88.10 and the lowest recorded bid was listed for 86.20 . The volume for the day was 2.3 M. This history from December 4, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.11% . The trading delta at closing time to the current price is 2.30% . |
ITEQ Corp Fundamentals Correlations and Trends
By evaluating ITEQ Corp'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 ITEQ Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ITEQ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ITEQ Corp Stock history
ITEQ Corp 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 ITEQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ITEQ 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 ITEQ Corp stock prices may prove useful in developing a viable investing in ITEQ Corp
ITEQ Corporation develops and manufactures copper clad laminate materials used for printed circuit boards worldwide. The company was founded in 1997 and is headquartered in Hsinchu, Taiwan. ITEQ CORP operates under Contract Manufacturers classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 3064 people.
ITEQ Corp Stock Technical Analysis
ITEQ Corp 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
ITEQ Corp Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
ITEQ 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.
ITEQ Corp December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how ITEQ Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ITEQ Corp shares will generate the highest return on investment. By undertsting and applying ITEQ Corp stock market strength indicators, traders can identify ITEQ Corp entry and exit signals to maximize returns
ITEQ Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ITEQ Corp's price direction in advance. Along with the technical and fundamental analysis of ITEQ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ITEQ 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 | 0.064 | |||
| Jensen Alpha | 0.1152 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0258 | |||
| Treynor Ratio | 0.5077 |
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Additional Tools for ITEQ Stock Analysis
When running ITEQ Corp's price analysis, check to measure ITEQ Corp'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 ITEQ Corp is operating at the current time. Most of ITEQ Corp's value examination focuses on studying past and present price action to predict the probability of ITEQ Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITEQ Corp's price. Additionally, you may evaluate how the addition of ITEQ Corp to your portfolios can decrease your overall portfolio volatility.