Taiwan Optical (Taiwan) Price on November 30, 2023
| 6464 Stock | TWD 78.90 0.50 0.64% |
If you're considering investing in Taiwan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taiwan Optical stands at 78.90, as last reported on the 30th of December, with the highest price reaching 78.90 and the lowest price hitting 78.40 during the day. Taiwan Optical Platform owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0605, which indicates the firm had a -0.0605% return per unit of risk over the last 3 months. Taiwan Optical Platform exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Optical's Risk Adjusted Performance of (0.06), coefficient of variation of (1,355), and Variance of 0.2718 to confirm the risk estimate we provide.
Taiwan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taiwan |
Sharpe Ratio = -0.0605
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| Negative Returns | 6464 |
Estimated Market Risk
| 0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taiwan Optical 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 Taiwan Optical by adding Taiwan Optical to a well-diversified portfolio.
Taiwan Optical Valuation on November 30, 2023
It is possible to determine the worth of Taiwan Optical on a given historical date. On November 30, 2023 Taiwan was worth 85.9 at the beginning of the trading date compared to the closed value of 86.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiwan Optical stock. Still, in general, we apply an absolute valuation method to find Taiwan Optical'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 Taiwan Optical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiwan Optical's related companies.
| Open | High | Low | Close | Volume | |
| 85.80 | 86.00 | 85.80 | 85.90 | 15,000 | |
11/30/2023 | 85.90 | 86.50 | 85.90 | 86.00 | 61,000 |
| 86.00 | 86.30 | 85.90 | 86.00 | 30,000 |
| Backtest Taiwan Optical | | | Taiwan Optical History | | | Taiwan Optical Valuation | Previous | Next |
Taiwan Optical Trading Date Momentum on November 30, 2023
| On December 01 2023 Taiwan Optical Platform was traded for 86.00 at the closing time. The highest price during the trading period was 86.30 and the lowest recorded bid was listed for 85.90 . The volume for the day was 30 K. This history from December 1, 2023 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Taiwan Optical Platform Fundamentals Correlations and Trends
By evaluating Taiwan Optical'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 Taiwan Optical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taiwan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taiwan Optical Stock history
Taiwan Optical 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 Taiwan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiwan Optical Platform 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 Taiwan Optical stock prices may prove useful in developing a viable investing in Taiwan Optical
Taiwan Optical Platform Co., Ltd. operates as a channel copyright distributor. Taiwan Optical Platform Co., Ltd. was founded in 2006 and is based in Taichung City, Taiwan. TAIWAN OPTICAL operates under Entertainment classification in Taiwan and is traded on Taiwan Stock Exchange.
Taiwan Optical Stock Technical Analysis
Taiwan Optical 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
Taiwan Optical Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Taiwan Optical Platform 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.
Taiwan Optical December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Taiwan Optical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taiwan Optical shares will generate the highest return on investment. By undertsting and applying Taiwan Optical stock market strength indicators, traders can identify Taiwan Optical Platform entry and exit signals to maximize returns
Taiwan Optical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taiwan Optical's price direction in advance. Along with the technical and fundamental analysis of Taiwan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taiwan 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 | (0.06) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (2.36) |
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| Volume Indicators |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Optical's price analysis, check to measure Taiwan Optical'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 Taiwan Optical is operating at the current time. Most of Taiwan Optical's value examination focuses on studying past and present price action to predict the probability of Taiwan Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Optical's price. Additionally, you may evaluate how the addition of Taiwan Optical to your portfolios can decrease your overall portfolio volatility.