Thinkon Semiconductor (China) Price on December 31, 2024
688233 Stock | 21.61 1.00 4.42% |
If you're considering investing in Thinkon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thinkon Semiconductor stands at 21.61, as last reported on the 3rd of January, with the highest price reaching 22.98 and the lowest price hitting 21.55 during the day. Thinkon Semiconductor owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0109, which indicates the firm had a -0.0109% return per unit of risk over the last 3 months. Thinkon Semiconductor Jinzhou exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thinkon Semiconductor's Coefficient Of Variation of (9,142), variance of 15.07, and Risk Adjusted Performance of (0.001) to confirm the risk estimate we provide.
Thinkon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thinkon |
Sharpe Ratio = -0.0109
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Negative Returns | 688233 |
Estimated Market Risk
3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thinkon Semiconductor 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 Thinkon Semiconductor by adding Thinkon Semiconductor to a well-diversified portfolio.
Thinkon Semiconductor Valuation on December 31, 2024
It is possible to determine the worth of Thinkon Semiconductor on a given historical date. On December 31, 2024 Thinkon was worth 24.55 at the beginning of the trading date compared to the closed value of 23.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thinkon Semiconductor stock. Still, in general, we apply an absolute valuation method to find Thinkon Semiconductor'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 Thinkon Semiconductor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thinkon Semiconductor's related companies.
Open | High | Low | Close | Volume | |
24.49 | 24.80 | 23.81 | 24.41 | 1,940,173 | |
12/31/2024 | 24.55 | 24.78 | 23.45 | 23.45 | 2,377,696 |
23.45 | 23.74 | 22.40 | 22.61 | 2,381,852 |
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Thinkon Semiconductor Trading Date Momentum on December 31, 2024
On January 02 2025 Thinkon Semiconductor Jinzhou was traded for 22.61 at the closing time. The highest price during the trading period was 23.74 and the lowest recorded bid was listed for 22.40 . The volume for the day was 2.4 M. This history from January 2, 2025 contributed to the next trading day price decline. The daily price change to the next closing price was 3.58% . The trading price change to the current price is 3.28% . |
Thinkon Semiconductor Fundamentals Correlations and Trends
By evaluating Thinkon Semiconductor'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 Thinkon Semiconductor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thinkon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thinkon Semiconductor Stock history
Thinkon Semiconductor 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 Thinkon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thinkon Semiconductor 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 Thinkon Semiconductor stock prices may prove useful in developing a viable investing in Thinkon Semiconductor
Thinkon Semiconductor Stock Technical Analysis
Thinkon Semiconductor 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
Thinkon Semiconductor Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
Thinkon Semiconductor Jinzhou cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
Thinkon Semiconductor January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Thinkon Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thinkon Semiconductor shares will generate the highest return on investment. By undertsting and applying Thinkon Semiconductor stock market strength indicators, traders can identify Thinkon Semiconductor Jinzhou entry and exit signals to maximize returns
Thinkon Semiconductor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thinkon Semiconductor's price direction in advance. Along with the technical and fundamental analysis of Thinkon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thinkon 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 | (0.001) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | 0.5144 |
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Volume Indicators |
Complementary Tools for Thinkon Stock analysis
When running Thinkon Semiconductor's price analysis, check to measure Thinkon Semiconductor'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 Thinkon Semiconductor is operating at the current time. Most of Thinkon Semiconductor's value examination focuses on studying past and present price action to predict the probability of Thinkon Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thinkon Semiconductor's price. Additionally, you may evaluate how the addition of Thinkon Semiconductor to your portfolios can decrease your overall portfolio volatility.
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