K Laser (Taiwan) Price on December 6, 2023
2461 Stock | TWD 19.50 0.15 0.76% |
If you're considering investing in 2461 Stock, it is important to understand the factors that can impact its price. As of today, the current price of K Laser stands at 19.50, as last reported on the 22nd of December, with the highest price reaching 19.75 and the lowest price hitting 19.45 during the day. K Laser Technology has Sharpe Ratio of -0.13, which conveys that the company had a -0.13% return per unit of volatility over the last 3 months. K Laser exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify K Laser's Mean Deviation of 0.8812, market risk adjusted performance of 0.9219, and Standard Deviation of 1.46 to check out the risk estimate we provide.
2461 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
2461 |
Sharpe Ratio = -0.1286
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Estimated Market Risk
1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average K Laser 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 K Laser by adding K Laser to a well-diversified portfolio.
K Laser Valuation on December 6, 2023
It is possible to determine the worth of K Laser on a given historical date. On December 6, 2023 2461 was worth 23.45 at the beginning of the trading date compared to the closed value of 23.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of K Laser stock. Still, in general, we apply an absolute valuation method to find K Laser'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 K Laser where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against K Laser's related companies.
Open | High | Low | Close | Volume | |
24.05 | 24.05 | 23.40 | 23.40 | 892,001 | |
12/06/2023 | 23.45 | 23.70 | 23.25 | 23.30 | 936,001 |
23.50 | 23.50 | 22.80 | 22.85 | 1,289,038 |
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K Laser Trading Date Momentum on December 6, 2023
On December 07 2023 K Laser Technology was traded for 22.85 at the closing time. The highest price during the trading period was 23.50 and the lowest recorded bid was listed for 22.80 . The volume for the day was 1.3 M. This history from December 7, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.93% . The trading delta at closing time to the current price is 1.72% . |
K Laser Technology Fundamentals Correlations and Trends
By evaluating K Laser'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 K Laser's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 2461 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About K Laser Stock history
K Laser 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 2461 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in K Laser 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 K Laser stock prices may prove useful in developing a viable investing in K Laser
K Laser Technology Inc., together with its subsidiaries, researches, develops, produces, and sells holography products in Mainland China, other Asian territories, and internationally. K Laser Technology Inc. was founded in 1988 and is headquartered in Hsinchu City, Taiwan. K LASER is traded on Taiwan Stock Exchange in Taiwan.
K Laser Stock Technical Analysis
K Laser 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
K Laser Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
K Laser Technology 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.
K Laser December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how K Laser stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading K Laser shares will generate the highest return on investment. By undertsting and applying K Laser stock market strength indicators, traders can identify K Laser Technology entry and exit signals to maximize returns
K Laser Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for K Laser's price direction in advance. Along with the technical and fundamental analysis of 2461 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2461 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 | (0.11) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 0.9119 |
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Additional Tools for 2461 Stock Analysis
When running K Laser's price analysis, check to measure K Laser'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 K Laser is operating at the current time. Most of K Laser's value examination focuses on studying past and present price action to predict the probability of K Laser's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move K Laser's price. Additionally, you may evaluate how the addition of K Laser to your portfolios can decrease your overall portfolio volatility.