Sunplus Technology (Taiwan) Price on November 29, 2024
| 2401 Stock | TWD 28.00 0.25 0.88% |
If you're considering investing in Sunplus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sunplus Technology stands at 28.00, as last reported on the 30th of November, with the highest price reaching 28.15 and the lowest price hitting 27.40 during the day. Sunplus Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0844, which indicates the firm had a -0.0844% return per unit of risk over the last 3 months. Sunplus Technology Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sunplus Technology's Coefficient Of Variation of (1,055), risk adjusted performance of (0.07), and Variance of 3.05 to confirm the risk estimate we provide.
Sunplus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sunplus |
Sharpe Ratio = -0.0844
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2401 |
Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sunplus Technology 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 Sunplus Technology by adding Sunplus Technology to a well-diversified portfolio.
Sunplus Technology Valuation on November 29, 2024
It is possible to determine the worth of Sunplus Technology on a given historical date. On November 29, 2024 Sunplus was worth 27.7 at the beginning of the trading date compared to the closed value of 28.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunplus Technology stock. Still, in general, we apply an absolute valuation method to find Sunplus Technology'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 Sunplus Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunplus Technology's related companies.
| Open | High | Low | Close | Volume | |
| 28.25 | 28.25 | 27.55 | 28.00 | 1,613,158 | |
11/29/2024 | 27.70 | 28.15 | 27.40 | 28.00 | 869,743 |
| Backtest Sunplus Technology | | | Sunplus Technology History | | | Sunplus Technology Valuation | Previous |
Sunplus Technology Trading Date Momentum on November 29, 2024
| On November 29 2024 Sunplus Technology Co was traded for 28.00 at the closing time. The highest price during the trading period was 28.15 and the lowest recorded bid was listed for 27.40 . The volume for the day was 869.7 K. This history from November 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.07% . |
Sunplus Technology Fundamentals Correlations and Trends
By evaluating Sunplus Technology'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 Sunplus Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunplus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sunplus Technology Stock history
Sunplus Technology 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 Sunplus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunplus Technology 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 Sunplus Technology stock prices may prove useful in developing a viable investing in Sunplus Technology
Sunplus Technology Company Limited, together with its subsidiaries, researches, develops, designs, tests, and sells consumer integrated circuits for multimedia audiovideo, single-chip microcontrollers, and digital signal processors primarily in the Asia, Taiwan, and internationally. Sunplus Technology Company Limited was founded in 1990 and is headquartered in Hsinchu, Taiwan. SUNPLUS TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.
Sunplus Technology Stock Technical Analysis
Sunplus Technology 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
Sunplus Technology Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Sunplus Technology 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.
Sunplus Technology November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Sunplus Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sunplus Technology shares will generate the highest return on investment. By undertsting and applying Sunplus Technology stock market strength indicators, traders can identify Sunplus Technology Co entry and exit signals to maximize returns
Sunplus Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sunplus Technology's price direction in advance. Along with the technical and fundamental analysis of Sunplus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunplus 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 | (0.07) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.51) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Sunplus Stock Analysis
When running Sunplus Technology's price analysis, check to measure Sunplus Technology'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 Sunplus Technology is operating at the current time. Most of Sunplus Technology's value examination focuses on studying past and present price action to predict the probability of Sunplus Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunplus Technology's price. Additionally, you may evaluate how the addition of Sunplus Technology to your portfolios can decrease your overall portfolio volatility.