Para Light (Taiwan) Price History

6226 Stock  TWD 8.94  0.03  0.33%   
If you're considering investing in Para Stock, it is important to understand the factors that can impact its price. As of today, the current price of Para Light stands at 8.94, as last reported on the 1st of January, with the highest price reaching 8.97 and the lowest price hitting 8.87 during the day. Para Light Electronics maintains Sharpe Ratio (i.e., Efficiency) of -0.0931, which implies the firm had a -0.0931% return per unit of risk over the last 3 months. Para Light Electronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Para Light's Coefficient Of Variation of (961.76), risk adjusted performance of (0.08), and Variance of 1.59 to confirm the risk estimate we provide.
  
Para Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0931

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns6226

Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Para Light 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 Para Light by adding Para Light to a well-diversified portfolio.

Para Light Stock Price History Chart

There are several ways to analyze Para Stock price data. The simplest method is using a basic Para candlestick price chart, which shows Para Light price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 17, 202410.5
Lowest PriceDecember 16, 20248.85

Para Light January 1, 2025 Stock Price Synopsis

Various analyses of Para Light's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Para Stock. It can be used to describe the percentage change in the price of Para Light from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Para Stock.
Para Light Price Daily Balance Of Power(0.30)
Para Light Accumulation Distribution 1,029 
Para Light Price Rate Of Daily Change 1.00 

Para Light January 1, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Para Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Para Light intraday prices and daily technical indicators to check the level of noise trading in Para Stock and then apply it to test your longer-term investment strategies against Para.

Para Stock Price History Data

The price series of Para Light for the period between Thu, Oct 3, 2024 and Wed, Jan 1, 2025 has a statistical range of 1.65 with a coefficient of variation of 4.23. The prices are distributed with arithmetic mean of 9.62. The median price for the last 90 days is 9.69. The company had 1010:1000 stock split on 14th of August 2017. Para Light Electronics issued dividends on 2022-08-22.
OpenHighLowCloseVolume
12/31/2024 8.97  8.97  8.87  8.94  92,298 
12/30/2024 9.00  9.00  8.90  8.97  57,161 
12/27/2024 9.00  9.07  8.97  8.99  89,379 
12/26/2024 8.97  9.04  8.96  9.04  75,160 
12/25/2024 9.10  9.10  8.96  9.02  69,367 
12/24/2024 9.00  9.05  8.94  9.02  111,133 
12/23/2024 8.98  9.11  8.97  9.00  91,354 
12/20/2024 8.98  9.05  8.93  8.98  93,169 
12/19/2024 9.02  9.02  8.96  8.97  74,069 
12/18/2024 9.13  9.18  9.13  9.13  109,118 
12/17/2024 8.85  9.20  8.75  9.20  187,034 
12/16/2024 9.15  9.15  8.85  8.85  129,248 
12/13/2024 9.13  9.13  8.95  9.00  183,285 
12/12/2024 9.21  9.23  9.15  9.19  187,755 
12/11/2024 9.28  9.28  9.12  9.16  168,997 
12/10/2024 9.40  9.50  9.28  9.28  98,208 
12/09/2024 9.38  9.42  9.31  9.34  110,168 
12/06/2024 9.38  9.46  9.35  9.38  115,743 
12/05/2024 9.49  9.55  9.45  9.45  196,262 
12/04/2024 9.49  9.51  9.34  9.48  169,125 
12/03/2024 9.53  9.53  9.36  9.49  109,052 
12/02/2024 9.45  9.55  9.31  9.48  168,529 
11/29/2024 9.35  9.38  9.22  9.38  88,328 
11/28/2024 9.44  9.44  9.32  9.35  115,781 
11/27/2024 9.59  9.62  9.30  9.43  259,080 
11/26/2024 9.70  9.70  9.60  9.69  145,825 
11/25/2024 9.80  9.80  9.66  9.70  137,746 
11/22/2024 9.68  9.68  9.58  9.65  147,307 
11/21/2024 9.58  9.72  9.57  9.62  78,001 
11/20/2024 9.67  9.79  9.58  9.58  151,443 
11/19/2024 9.61  9.70  9.61  9.70  61,408 
11/18/2024 9.95  9.95  9.58  9.58  165,911 
11/15/2024 9.85  9.88  9.67  9.80  108,316 
11/14/2024 9.66  9.75  9.65  9.65  139,030 
11/13/2024 9.71  9.75  9.66  9.75  101,308 
11/12/2024 9.80  9.84  9.60  9.80  260,528 
11/11/2024 9.84  9.84  9.75  9.80  116,430 
11/08/2024 9.90  9.91  9.84  9.84  142,044 
11/07/2024 9.97  10.00  9.86  9.95  70,134 
11/06/2024 9.98  9.98  9.85  9.95  112,862 
11/05/2024 9.95  10.00  9.84  9.96  96,202 
11/04/2024 10.05  10.05  9.87  9.95  102,380 
11/01/2024 9.85  9.99  9.85  9.98  55,201 
10/31/2024 9.91  9.91  9.91  9.91  1.00 
10/30/2024 9.90  9.92  9.82  9.91  96,234 
10/29/2024 10.10  10.10  9.85  9.90  139,475 
10/28/2024 10.25  10.25  9.96  10.10  316,041 
10/25/2024 10.15  10.25  10.10  10.20  155,377 
10/24/2024 10.15  10.25  10.10  10.10  220,437 
10/23/2024 10.45  10.45  10.10  10.20  246,058 
10/22/2024 10.15  10.40  10.10  10.30  292,150 
10/21/2024 10.30  10.30  10.10  10.15  146,326 
10/18/2024 10.30  10.50  10.30  10.30  320,253 
10/17/2024 10.10  10.65  10.10  10.50  814,852 
10/16/2024 9.85  10.25  9.85  10.25  799,673 
10/15/2024 9.99  9.99  9.82  9.83  139,447 
10/14/2024 9.83  9.87  9.73  9.82  100,580 
10/11/2024 9.88  9.88  9.79  9.87  215,438 
10/09/2024 10.10  10.15  9.85  9.87  259,193 
10/08/2024 9.87  10.15  9.70  9.99  651,133 
10/07/2024 9.65  9.80  9.65  9.74  145,540 

About Para Light Stock history

Para Light 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 Para is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Para Light Electronics 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 Para Light stock prices may prove useful in developing a viable investing in Para Light
Para Light Electronics Co., Ltd. provides lighting solutions and opto-electronic components for industrial, commercial, and household applications worldwide. The company was founded in 1987 and is headquartered in New Taipei City, Taiwan. PARA LIGHT operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.

Para Light Stock Technical Analysis

Para Light 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.
A focus of Para Light technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Para Light trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Investing Opportunities Now

   

Investing Opportunities

Build portfolios using our predefined set of ideas and optimize them against your investing preferences
All  Next Launch Module

Para Light Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Para Light's price direction in advance. Along with the technical and fundamental analysis of Para Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Para 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.

Additional Tools for Para Stock Analysis

When running Para Light's price analysis, check to measure Para Light'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 Para Light is operating at the current time. Most of Para Light's value examination focuses on studying past and present price action to predict the probability of Para Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Para Light's price. Additionally, you may evaluate how the addition of Para Light to your portfolios can decrease your overall portfolio volatility.