Allis Electric (Taiwan) Price on December 4, 2024
| 1514 Stock | TWD 105.50 1.50 1.40% |
If you're considering investing in Allis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Allis Electric stands at 105.50, as last reported on the 11th of December 2024, with the highest price reaching 107.00 and the lowest price hitting 105.00 during the day. Allis Electric secures Sharpe Ratio (or Efficiency) of -0.0686, which signifies that the company had a -0.0686% return per unit of risk over the last 3 months. Allis Electric Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Allis Electric's Mean Deviation of 1.68, standard deviation of 2.31, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Allis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Allis |
Sharpe Ratio = -0.0686
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| Negative Returns | 1514 |
Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Allis Electric 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 Allis Electric by adding Allis Electric to a well-diversified portfolio.
Allis Electric Valuation on December 4, 2024
It is possible to determine the worth of Allis Electric on a given historical date. On December 4, 2024 Allis was worth 112.5 at the beginning of the trading date compared to the closed value of 112.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allis Electric stock. Still, in general, we apply an absolute valuation method to find Allis Electric'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 Allis Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allis Electric's related companies.
| Open | High | Low | Close | Volume | |
| 112.50 | 115.50 | 111.50 | 113.00 | 2,399,178 | |
12/04/2024 | 112.50 | 113.50 | 111.50 | 112.00 | 1,085,821 |
| 112.50 | 114.00 | 110.00 | 110.00 | 1,691,868 |
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Allis Electric Trading Date Momentum on December 4, 2024
| On December 05 2024 Allis Electric Co was traded for 110.00 at the closing time. The highest price during the trading period was 114.00 and the lowest recorded bid was listed for 110.00 . The volume for the day was 1.7 M. This history from December 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.79% . The overall trading delta to the current price is 5.36% . |
Allis Electric Fundamentals Correlations and Trends
By evaluating Allis Electric'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 Allis Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allis Electric Stock history
Allis Electric 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 Allis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allis Electric 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 Allis Electric stock prices may prove useful in developing a viable investing in Allis Electric
,Ltd. engages in development, production, and sale of transformers, switching devices, and electronic products worldwide. The company was founded in 1968 and is headquartered in Taipei City, Taiwan. ALLIS ELECTRIC operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan Stock Exchange.
Allis Electric Stock Technical Analysis
Allis Electric 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
Allis Electric Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Allis Electric Co 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.
Allis Electric December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Allis Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allis Electric shares will generate the highest return on investment. By undertsting and applying Allis Electric stock market strength indicators, traders can identify Allis Electric Co entry and exit signals to maximize returns
Allis Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allis Electric's price direction in advance. Along with the technical and fundamental analysis of Allis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allis 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 | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.42) |
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Additional Tools for Allis Stock Analysis
When running Allis Electric's price analysis, check to measure Allis Electric'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 Allis Electric is operating at the current time. Most of Allis Electric's value examination focuses on studying past and present price action to predict the probability of Allis Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allis Electric's price. Additionally, you may evaluate how the addition of Allis Electric to your portfolios can decrease your overall portfolio volatility.