Unitech Computer (Taiwan) Price on October 4, 2024
| 2414 Stock | TWD 37.90 0.30 0.79% |
If you're considering investing in Unitech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Unitech Computer stands at 37.90, as last reported on the 2nd of December, with the highest price reaching 38.25 and the lowest price hitting 37.70 during the day. At this stage we consider Unitech Stock to be very steady. Unitech Computer owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.093, which indicates the firm had a 0.093% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Unitech Computer Co, which you can use to evaluate the volatility of the company. Please validate Unitech Computer's Coefficient Of Variation of 1195.38, risk adjusted performance of 0.0655, and Semi Deviation of 0.6135 to confirm if the risk estimate we provide is consistent with the expected return of 0.0858%.
Unitech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Unitech |
Sharpe Ratio = 0.093
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Unitech Computer is performing at about 7% 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 Unitech Computer by adding it to a well-diversified portfolio.
Unitech Computer Valuation on October 4, 2024
It is possible to determine the worth of Unitech Computer on a given historical date. On October 4, 2024 Unitech was worth 35.35 at the beginning of the trading date compared to the closed value of 35.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unitech Computer stock. Still, in general, we apply an absolute valuation method to find Unitech Computer'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 Unitech Computer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unitech Computer's related companies.
| Open | High | Low | Close | Volume | |
| 35.40 | 35.40 | 35.40 | 35.40 | 1.00 | |
10/04/2024 | 35.35 | 35.60 | 35.25 | 35.45 | 76,184 |
| 35.50 | 35.50 | 35.30 | 35.40 | 74,096 |
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Unitech Computer Trading Date Momentum on October 4, 2024
| On October 07 2024 Unitech Computer Co was traded for 35.40 at the closing time. The highest price during the trading period was 35.50 and the lowest recorded bid was listed for 35.30 . The volume for the day was 74.1 K. This history from October 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.14% . The trading price change to the current price is 0.14% . |
Unitech Computer Fundamentals Correlations and Trends
By evaluating Unitech Computer'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 Unitech Computer's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Unitech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Unitech Computer Stock history
Unitech Computer 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 Unitech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unitech Computer 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 Unitech Computer stock prices may prove useful in developing a viable investing in Unitech Computer
Unitech Computer Co., Ltd. provides information technology products in Taiwan. The company was incorporated in 1979 and is based in Taipei, Taiwan. UNITECH COMPUTER operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange.
Unitech Computer Stock Technical Analysis
Unitech Computer 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
Unitech Computer Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Unitech Computer 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.
Unitech Computer December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Unitech Computer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unitech Computer shares will generate the highest return on investment. By undertsting and applying Unitech Computer stock market strength indicators, traders can identify Unitech Computer Co entry and exit signals to maximize returns
Unitech Computer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unitech Computer's price direction in advance. Along with the technical and fundamental analysis of Unitech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unitech 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 | 0.0655 | |||
| Jensen Alpha | 0.0297 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.2329 |
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Additional Tools for Unitech Stock Analysis
When running Unitech Computer's price analysis, check to measure Unitech Computer'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 Unitech Computer is operating at the current time. Most of Unitech Computer's value examination focuses on studying past and present price action to predict the probability of Unitech Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unitech Computer's price. Additionally, you may evaluate how the addition of Unitech Computer to your portfolios can decrease your overall portfolio volatility.