Ability Enterprise (Taiwan) Price on September 23, 2024
| 2374 Stock | TWD 48.05 0.75 1.54% |
If you're considering investing in Ability Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ability Enterprise stands at 48.05, as last reported on the 11th of December 2024, with the highest price reaching 49.75 and the lowest price hitting 48.05 during the day. At this stage we consider Ability Stock to be very steady. Ability Enterprise secures Sharpe Ratio (or Efficiency) of 0.0536, which signifies that the company had a 0.0536% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ability Enterprise Co, which you can use to evaluate the volatility of the firm. Please confirm Ability Enterprise's Mean Deviation of 1.67, downside deviation of 2.01, and Risk Adjusted Performance of 0.0392 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
Ability Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ability |
Sharpe Ratio = 0.0536
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | 2374 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Ability Enterprise is performing at about 4% 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 Ability Enterprise by adding it to a well-diversified portfolio.
Ability Enterprise Valuation on September 23, 2024
It is possible to determine the worth of Ability Enterprise on a given historical date. On September 23, 2024 Ability was worth 48.05 at the beginning of the trading date compared to the closed value of 46.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ability Enterprise stock. Still, in general, we apply an absolute valuation method to find Ability Enterprise'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 Ability Enterprise where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ability Enterprise's related companies.
| Open | High | Low | Close | Volume | |
| 48.80 | 48.95 | 47.50 | 47.80 | 3,785,591 | |
09/23/2024 | 48.05 | 48.30 | 46.80 | 46.80 | 2,826,068 |
| 46.55 | 47.10 | 46.30 | 46.50 | 1,799,217 |
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Ability Enterprise Trading Date Momentum on September 23, 2024
| On September 24 2024 Ability Enterprise Co was traded for 46.50 at the closing time. The highest price during the trading period was 47.10 and the lowest recorded bid was listed for 46.30 . The volume for the day was 1.8 M. This history from September 24, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.64% . The overall trading delta to the current price is 1.50% . |
Ability Enterprise Fundamentals Correlations and Trends
By evaluating Ability Enterprise'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 Ability Enterprise's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ability financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ability Enterprise Stock history
Ability Enterprise 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 Ability is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ability Enterprise 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 Ability Enterprise stock prices may prove useful in developing a viable investing in Ability Enterprise
Ability Enterprise Co., Ltd. operates as an ODMOEM for optical and image input devices. The company was founded in 1965 and is headquartered in New Taipei City, Taiwan. ABILITY ENTERPRISE operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Ability Enterprise Stock Technical Analysis
Ability Enterprise 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
Ability Enterprise Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ability Enterprise 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.
Ability Enterprise December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ability Enterprise stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ability Enterprise shares will generate the highest return on investment. By undertsting and applying Ability Enterprise stock market strength indicators, traders can identify Ability Enterprise Co entry and exit signals to maximize returns
Ability Enterprise Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ability Enterprise's price direction in advance. Along with the technical and fundamental analysis of Ability Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ability 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 | 0.0392 | |||
| Jensen Alpha | 0.0504 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2485 |
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Additional Tools for Ability Stock Analysis
When running Ability Enterprise's price analysis, check to measure Ability Enterprise'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 Ability Enterprise is operating at the current time. Most of Ability Enterprise's value examination focuses on studying past and present price action to predict the probability of Ability Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ability Enterprise's price. Additionally, you may evaluate how the addition of Ability Enterprise to your portfolios can decrease your overall portfolio volatility.