Planet Technology (Taiwan) Price on December 15, 2024
6263 Stock | TWD 153.00 1.50 0.97% |
If you're considering investing in Planet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Planet Technology stands at 153.00, as last reported on the 16th of December 2024, with the highest price reaching 154.00 and the lowest price hitting 152.50 during the day. Planet Technology 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. Planet Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Planet Technology's Variance of 2.98, coefficient of variation of (2,119), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Planet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Planet |
Sharpe Ratio = -0.1128
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Negative Returns | 6263 |
Estimated Market Risk
1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.17 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 Planet 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 Planet Technology by adding Planet Technology to a well-diversified portfolio.
Planet Technology Valuation on December 15, 2024
It is possible to determine the worth of Planet Technology on a given historical date. On December 15, 2024 Planet was worth 154.0 at the beginning of the trading date compared to the closed value of 153.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Planet Technology stock. Still, in general, we apply an absolute valuation method to find Planet 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 Planet Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Planet Technology's related companies.
Open | High | Low | Close | Volume | |
154.00 | 154.00 | 152.50 | 153.00 | 74,769 | |
12/16/2024 | 154.00 | 154.00 | 152.50 | 153.00 | 0.00 |
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Planet Technology Trading Date Momentum on December 15, 2024
On December 16 2024 Planet Technology was traded for 153.00 at the closing time. The highest price during the trading period was 154.00 and the lowest recorded bid was listed for 152.50 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 did not cause price change. The trading delta at closing time to the current price is 0.65% . |
Planet Technology Fundamentals Correlations and Trends
By evaluating Planet 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 Planet Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Planet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Planet Technology Stock history
Planet 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 Planet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Planet 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 Planet Technology stock prices may prove useful in developing a viable investing in Planet Technology
Planet Technology Corporation provides IP-based networking products and solutions for small-to-medium-sized businesses, enterprises, and SOHO markets worldwide. The company was founded in 1993 and is based in New Taipei City, Taiwan. PLANET TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 151 people.
Planet Technology Stock Technical Analysis
Planet 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
Planet Technology Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Planet 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.
Planet Technology December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Planet 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 Planet Technology shares will generate the highest return on investment. By undertsting and applying Planet Technology stock market strength indicators, traders can identify Planet Technology entry and exit signals to maximize returns
Planet Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Planet Technology's price direction in advance. Along with the technical and fundamental analysis of Planet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Planet 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 | (0.13) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (0.24) |
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Additional Tools for Planet Stock Analysis
When running Planet Technology's price analysis, check to measure Planet 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 Planet Technology is operating at the current time. Most of Planet Technology's value examination focuses on studying past and present price action to predict the probability of Planet 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 Planet Technology's price. Additionally, you may evaluate how the addition of Planet Technology to your portfolios can decrease your overall portfolio volatility.