Phihong Technology (Taiwan) Price on May 18, 2023

2457 Stock  TWD 36.95  0.80  2.12%   
If you're considering investing in Phihong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Phihong Technology stands at 36.95, as last reported on the 22nd of December, with the highest price reaching 38.00 and the lowest price hitting 36.75 during the day. Phihong Technology maintains Sharpe Ratio (i.e., Efficiency) of -0.0522, which implies the firm had a -0.0522% return per unit of risk over the last 3 months. Phihong Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phihong Technology's Coefficient Of Variation of (3,225), risk adjusted performance of (0.02), and Variance of 4.33 to confirm the risk estimate we provide.
  
Phihong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0522

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Negative Returns2457

Estimated Market Risk

 2.08
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Phihong 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 Phihong Technology by adding Phihong Technology to a well-diversified portfolio.

Phihong Technology Valuation on May 18, 2023

It is possible to determine the worth of Phihong Technology on a given historical date. On May 18, 2023 Phihong was worth 75.0 at the beginning of the trading date compared to the closed value of 75.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Phihong Technology stock. Still, in general, we apply an absolute valuation method to find Phihong 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 Phihong Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Phihong Technology's related companies.
 Open High Low Close Volume
  74.70    76.60    74.00    74.10    41,656,582  
05/18/2023
  75.00    76.70    74.70    75.80    36,772,224  
  77.00    77.90    73.20    73.20    42,224,129  
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Open Value
75.0
75.8
Closing Value
81.24
Upside

Phihong Technology Trading Date Momentum on May 18, 2023

On May 19 2023 Phihong Technology Co was traded for  73.20  at the closing time. The highest price during the trading period was 77.90  and the lowest recorded bid was listed for  73.20 . The volume for the day was 42.2 M. This history from May 19, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 3.43% . The trading delta at closing time to the current price is 1.85% .

Phihong Technology Fundamentals Correlations and Trends

By evaluating Phihong 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 Phihong Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Phihong financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Phihong Technology Stock history

Phihong 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 Phihong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Phihong 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 Phihong Technology stock prices may prove useful in developing a viable investing in Phihong Technology
Phihong Technology Co., Ltd. manufactures and sells power supply products in Taiwan and internationally. Phihong Technology Co., Ltd. was founded in 1972 and is headquartered in Taoyuan, Taiwan. PHIHONG TECHNOLOGY operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan Stock Exchange.

Phihong Technology Stock Technical Analysis

Phihong 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.
A focus of Phihong Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Phihong Technology 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...

Price Boundaries

Phihong Technology Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Phihong 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.

Phihong Technology December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Phihong 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 Phihong Technology shares will generate the highest return on investment. By undertsting and applying Phihong Technology stock market strength indicators, traders can identify Phihong Technology Co entry and exit signals to maximize returns

Phihong Technology Technical and Predictive Indicators

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

When running Phihong Technology's price analysis, check to measure Phihong 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 Phihong Technology is operating at the current time. Most of Phihong Technology's value examination focuses on studying past and present price action to predict the probability of Phihong 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 Phihong Technology's price. Additionally, you may evaluate how the addition of Phihong Technology to your portfolios can decrease your overall portfolio volatility.