TSEC Corp (Taiwan) Price on August 1, 2023
6443 Stock | TWD 19.30 0.85 4.22% |
If you're considering investing in TSEC Stock, it is important to understand the factors that can impact its price. As of today, the current price of TSEC Corp stands at 19.30, as last reported on the 15th of December 2024, with the highest price reaching 20.05 and the lowest price hitting 19.20 during the day. TSEC Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of volatility over the last 3 months. TSEC Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TSEC Corp's risk adjusted performance of (0.03), and Variance of 5.21 to confirm the risk estimate we provide.
TSEC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TSEC |
Sharpe Ratio = -0.1139
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 6443 |
Estimated Market Risk
2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.25 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 TSEC Corp 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 TSEC Corp by adding TSEC Corp to a well-diversified portfolio.
TSEC Corp Valuation on August 1, 2023
It is possible to determine the worth of TSEC Corp on a given historical date. On August 1, 2023 TSEC was worth 31.5 at the beginning of the trading date compared to the closed value of 31.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TSEC Corp stock. Still, in general, we apply an absolute valuation method to find TSEC 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 TSEC Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TSEC Corp's related companies.
Open | High | Low | Close | Volume | |
31.55 | 31.90 | 31.20 | 31.20 | 4,196,784 | |
08/01/2023 | 31.50 | 31.70 | 31.10 | 31.20 | 2,711,229 |
31.05 | 32.10 | 30.85 | 31.35 | 7,525,826 |
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TSEC Corp Trading Date Momentum on August 1, 2023
On August 02 2023 TSEC Corp was traded for 31.35 at the closing time. The highest price during the trading period was 32.10 and the lowest recorded bid was listed for 30.85 . The volume for the day was 7.5 M. This history from August 2, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.48% . The trading price change to the current price is 2.88% . |
TSEC Corp Fundamentals Correlations and Trends
By evaluating TSEC 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 TSEC Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TSEC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TSEC Corp Stock history
TSEC 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 TSEC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TSEC 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 TSEC Corp stock prices may prove useful in developing a viable investing in TSEC Corp
TSEC Corporation engages in the design, manufacture, and sale of solar cells and modules in Taiwan, Japan, the United States, Europe, China, and internationally. The company was incorporated in 2010 and is headquartered in New Taipei City, Taiwan. TSEC CORPORATION operates under Solar classification in Taiwan and is traded on Taiwan Stock Exchange.
TSEC Corp Stock Technical Analysis
TSEC 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
TSEC Corp Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
TSEC 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.
TSEC Corp December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how TSEC 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 TSEC Corp shares will generate the highest return on investment. By undertsting and applying TSEC Corp stock market strength indicators, traders can identify TSEC Corp entry and exit signals to maximize returns
TSEC Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TSEC Corp's price direction in advance. Along with the technical and fundamental analysis of TSEC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TSEC 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 | (0.07) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | 0.2522 |
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Volume Indicators |
Additional Tools for TSEC Stock Analysis
When running TSEC Corp's price analysis, check to measure TSEC 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 TSEC Corp is operating at the current time. Most of TSEC Corp's value examination focuses on studying past and present price action to predict the probability of TSEC 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 TSEC Corp's price. Additionally, you may evaluate how the addition of TSEC Corp to your portfolios can decrease your overall portfolio volatility.