Excellence Optoelectronic (Taiwan) Price on November 21, 2024
| 6288 Stock | TWD 27.65 0.65 2.30% |
If you're considering investing in Excellence Stock, it is important to understand the factors that can impact its price. As of today, the current price of Excellence Optoelectronic stands at 27.65, as last reported on the 14th of December 2024, with the highest price reaching 28.15 and the lowest price hitting 27.50 during the day. At this stage we consider Excellence Stock to be not too volatile. Excellence Optoelectronic secures Sharpe Ratio (or Efficiency) of 0.0487, which denotes the company had a 0.0487% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Excellence Optoelectronic, which you can use to evaluate the volatility of the firm. Please confirm Excellence Optoelectronic's Mean Deviation of 2.42, semi deviation of 2.56, and Downside Deviation of 3.01 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Excellence Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Excellence |
Sharpe Ratio = 0.0487
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 6288 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Excellence Optoelectronic 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 Excellence Optoelectronic by adding it to a well-diversified portfolio.
Excellence Optoelectronic Valuation on November 21, 2024
It is possible to determine the worth of Excellence Optoelectronic on a given historical date. On November 21, 2024 Excellence was worth 29.0 at the beginning of the trading date compared to the closed value of 29.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Excellence Optoelectronic stock. Still, in general, we apply an absolute valuation method to find Excellence Optoelectronic'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 Excellence Optoelectronic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Excellence Optoelectronic's related companies.
| Open | High | Low | Close | Volume | |
| 29.05 | 29.80 | 28.75 | 29.20 | 2,860,461 | |
11/21/2024 | 29.00 | 30.80 | 28.95 | 29.85 | 4,543,953 |
| 30.15 | 32.80 | 29.95 | 32.75 | 29,488,483 |
| Backtest Excellence Optoelectronic | | | Excellence Optoelectronic History | | | Excellence Optoelectronic Valuation | Previous | Next |
Excellence Optoelectronic Trading Date Momentum on November 21, 2024
| On November 22 2024 Excellence Optoelectronic was traded for 32.75 at the closing time. The highest price during the trading period was 32.80 and the lowest recorded bid was listed for 29.95 . The volume for the day was 29.5 M. This history from November 22, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 9.72% . The overall trading delta to the current price is 0.17% . |
Excellence Optoelectronic Fundamentals Correlations and Trends
By evaluating Excellence Optoelectronic'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 Excellence Optoelectronic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Excellence financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Excellence Optoelectronic Stock history
Excellence Optoelectronic 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 Excellence is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Excellence Optoelectronic 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 Excellence Optoelectronic stock prices may prove useful in developing a viable investing in Excellence Optoelectronic
Excellence Optoelectronics Inc. design, development, and testing of automotive LED component packaging in Taiwan, China, United States, Germany, Spain, and internationally. The company was founded in 1995 and is headquartered in Hsinchu, Taiwan. EXCELLENCE OPTOELECTRONIC operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Excellence Optoelectronic Stock Technical Analysis
Excellence Optoelectronic 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
Excellence Optoelectronic Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Excellence Optoelectronic 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.
Excellence Optoelectronic December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Excellence Optoelectronic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Excellence Optoelectronic shares will generate the highest return on investment. By undertsting and applying Excellence Optoelectronic stock market strength indicators, traders can identify Excellence Optoelectronic entry and exit signals to maximize returns
Excellence Optoelectronic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Excellence Optoelectronic's price direction in advance. Along with the technical and fundamental analysis of Excellence Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Excellence 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 | 0.0517 | |||
| Jensen Alpha | 0.1285 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0373 | |||
| Treynor Ratio | 0.2468 |
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Additional Tools for Excellence Stock Analysis
When running Excellence Optoelectronic's price analysis, check to measure Excellence Optoelectronic'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 Excellence Optoelectronic is operating at the current time. Most of Excellence Optoelectronic's value examination focuses on studying past and present price action to predict the probability of Excellence Optoelectronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Excellence Optoelectronic's price. Additionally, you may evaluate how the addition of Excellence Optoelectronic to your portfolios can decrease your overall portfolio volatility.