Walsin Technology (Taiwan) Price on November 21, 2024
2492 Stock | TWD 94.20 1.30 1.40% |
If you're considering investing in Walsin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Walsin Technology stands at 94.20, as last reported on the 2nd of December, with the highest price reaching 94.40 and the lowest price hitting 91.50 during the day. Walsin Technology Corp shows Sharpe Ratio of -0.12, which attests that the company had a -0.12% return per unit of risk over the last 3 months. Walsin Technology Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Walsin Technology's Standard Deviation of 1.59, market risk adjusted performance of (0.26), and Mean Deviation of 1.32 to validate the risk estimate we provide.
Walsin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Walsin |
Sharpe Ratio = -0.1202
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Estimated Market Risk
1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Walsin 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 Walsin Technology by adding Walsin Technology to a well-diversified portfolio.
Walsin Technology Valuation on November 21, 2024
It is possible to determine the worth of Walsin Technology on a given historical date. On November 21, 2024 Walsin was worth 94.0 at the beginning of the trading date compared to the closed value of 94.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Walsin Technology stock. Still, in general, we apply an absolute valuation method to find Walsin 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 Walsin Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Walsin Technology's related companies.
Open | High | Low | Close | Volume | |
95.50 | 96.00 | 94.00 | 94.00 | 1,454,649 | |
11/21/2024 | 94.00 | 95.60 | 93.80 | 94.90 | 862,330 |
95.50 | 97.70 | 95.50 | 96.50 | 1,168,965 |
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Walsin Technology Trading Date Momentum on November 21, 2024
On November 22 2024 Walsin Technology Corp was traded for 96.50 at the closing time. The highest price during the trading period was 97.70 and the lowest recorded bid was listed for 95.50 . The volume for the day was 1.2 M. This history from November 22, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.69% . The trading price change to the current price is 2.42% . |
Walsin Technology Corp Fundamentals Correlations and Trends
By evaluating Walsin 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 Walsin Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Walsin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Walsin Technology Stock history
Walsin 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 Walsin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Walsin Technology Corp 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 Walsin Technology stock prices may prove useful in developing a viable investing in Walsin Technology
Walsin Technology Corporation manufactures and sells passive components worldwide. The company was incorporated in 1992 and is headquartered in Taoyuan City, Taiwan. WALSIN TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Walsin Technology Stock Technical Analysis
Walsin 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
Walsin Technology Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Walsin Technology Corp 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.
Walsin Technology December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Walsin 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 Walsin Technology shares will generate the highest return on investment. By undertsting and applying Walsin Technology stock market strength indicators, traders can identify Walsin Technology Corp entry and exit signals to maximize returns
Walsin Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Walsin Technology's price direction in advance. Along with the technical and fundamental analysis of Walsin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Walsin 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 | (0.09) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | (0.27) |
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Additional Tools for Walsin Stock Analysis
When running Walsin Technology's price analysis, check to measure Walsin 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 Walsin Technology is operating at the current time. Most of Walsin Technology's value examination focuses on studying past and present price action to predict the probability of Walsin 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 Walsin Technology's price. Additionally, you may evaluate how the addition of Walsin Technology to your portfolios can decrease your overall portfolio volatility.