BenQ Materials (Taiwan) Price on September 22, 2023
| 8215 Stock | TWD 32.05 0.30 0.93% |
If you're considering investing in BenQ Stock, it is important to understand the factors that can impact its price. As of today, the current price of BenQ Materials stands at 32.05, as last reported on the 13th of December 2024, with the highest price reaching 32.70 and the lowest price hitting 32.05 during the day. At this stage we consider BenQ Stock to be very steady. BenQ Materials Corp secures Sharpe Ratio (or Efficiency) of 0.0257, which signifies that the company had a 0.0257% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BenQ Materials Corp, which you can use to evaluate the volatility of the firm. Please confirm BenQ Materials' Downside Deviation of 1.51, risk adjusted performance of 0.0468, and Mean Deviation of 1.4 to double-check if the risk estimate we provide is consistent with the expected return of 0.0463%.
BenQ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BenQ |
Sharpe Ratio = 0.0257
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 8215 |
Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average BenQ Materials is performing at about 2% 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 BenQ Materials by adding it to a well-diversified portfolio.
BenQ Materials Valuation on September 22, 2023
It is possible to determine the worth of BenQ Materials on a given historical date. On September 22, 2023 BenQ was worth 34.45 at the beginning of the trading date compared to the closed value of 34.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BenQ Materials stock. Still, in general, we apply an absolute valuation method to find BenQ Materials' 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 BenQ Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BenQ Materials' related companies.
| Open | High | Low | Close | Volume | |
| 35.00 | 35.00 | 34.30 | 34.40 | 704,006 | |
09/22/2023 | 34.45 | 34.90 | 33.85 | 34.90 | 561,107 |
| 35.10 | 35.55 | 35.10 | 35.20 | 685,010 |
| Backtest BenQ Materials | | | BenQ Materials History | | | BenQ Materials Valuation | Previous | Next |
BenQ Materials Trading Date Momentum on September 22, 2023
| On September 25 2023 BenQ Materials Corp was traded for 35.20 at the closing time. The highest price during the trading period was 35.55 and the lowest recorded bid was listed for 35.10 . The volume for the day was 685 K. This history from September 25, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.86% . The overall trading delta to the current price is 0.29% . |
BenQ Materials Corp Fundamentals Correlations and Trends
By evaluating BenQ Materials' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BenQ Materials' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BenQ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BenQ Materials Stock history
BenQ Materials 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 BenQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BenQ Materials 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 BenQ Materials stock prices may prove useful in developing a viable investing in BenQ Materials
BenQ Materials Corporation manufactures and sells material science products in Taiwan and internationally. BenQ Materials Corporation was founded in 1998 and is headquartered in Taoyuan, Taiwan. BENQ MATERIALS operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
BenQ Materials Stock Technical Analysis
BenQ Materials 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
BenQ Materials Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
BenQ Materials 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.
BenQ Materials December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how BenQ Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BenQ Materials shares will generate the highest return on investment. By undertsting and applying BenQ Materials stock market strength indicators, traders can identify BenQ Materials Corp entry and exit signals to maximize returns
BenQ Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BenQ Materials' price direction in advance. Along with the technical and fundamental analysis of BenQ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BenQ 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 | 0.0468 | |||
| Jensen Alpha | 0.087 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 2.4 |
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Additional Tools for BenQ Stock Analysis
When running BenQ Materials' price analysis, check to measure BenQ Materials' 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 BenQ Materials is operating at the current time. Most of BenQ Materials' value examination focuses on studying past and present price action to predict the probability of BenQ Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BenQ Materials' price. Additionally, you may evaluate how the addition of BenQ Materials to your portfolios can decrease your overall portfolio volatility.