STARLUX Airlines (Taiwan) Price on October 16, 2024
| 2646 Stock | 27.80 0.15 0.54% |
If you're considering investing in STARLUX Stock, it is important to understand the factors that can impact its price. As of today, the current price of STARLUX Airlines stands at 27.80, as last reported on the 22nd of December, with the highest price reaching 27.85 and the lowest price hitting 27.70 during the day. STARLUX Airlines retains Efficiency (Sharpe Ratio) of -0.0418, which indicates the firm had a -0.0418% return per unit of risk over the last 3 months. STARLUX Airlines exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate STARLUX Airlines' standard deviation of 1.59, and Risk Adjusted Performance of 4.0E-4 to confirm the risk estimate we provide.
STARLUX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
STARLUX |
Sharpe Ratio = -0.0418
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| Negative Returns | 2646 |
Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STARLUX Airlines 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 STARLUX Airlines by adding STARLUX Airlines to a well-diversified portfolio.
STARLUX Airlines Valuation on October 16, 2024
It is possible to determine the worth of STARLUX Airlines on a given historical date. On October 16, 2024 STARLUX was worth 30.9 at the beginning of the trading date compared to the closed value of 31.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of STARLUX Airlines stock. Still, in general, we apply an absolute valuation method to find STARLUX Airlines' 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 STARLUX Airlines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against STARLUX Airlines' related companies.
| Open | High | Low | Close | Volume | |
| 29.80 | 31.00 | 29.75 | 30.95 | 30,251,536 | |
10/16/2024 | 30.90 | 31.70 | 30.70 | 31.55 | 27,724,437 |
| 31.50 | 32.25 | 31.30 | 31.85 | 22,852,884 |
| Backtest STARLUX Airlines | | | STARLUX Airlines History | Previous | Next |
STARLUX Airlines Trading Date Momentum on October 16, 2024
| On October 17 2024 STARLUX Airlines Co was traded for 31.85 at the closing time. The highest price during the trading period was 32.25 and the lowest recorded bid was listed for 31.30 . The volume for the day was 22.9 M. This history from October 17, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.95% . The trading price change to the current price is 2.54% . |
Price Boundaries
STARLUX Airlines Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
STARLUX Airlines Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
STARLUX Airlines December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how STARLUX Airlines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STARLUX Airlines shares will generate the highest return on investment. By undertsting and applying STARLUX Airlines stock market strength indicators, traders can identify STARLUX Airlines Co entry and exit signals to maximize returns
STARLUX Airlines Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for STARLUX Airlines' price direction in advance. Along with the technical and fundamental analysis of STARLUX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of STARLUX 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 | 4.0E-4 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.2316 |
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Additional Tools for STARLUX Stock Analysis
When running STARLUX Airlines' price analysis, check to measure STARLUX Airlines' 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 STARLUX Airlines is operating at the current time. Most of STARLUX Airlines' value examination focuses on studying past and present price action to predict the probability of STARLUX Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STARLUX Airlines' price. Additionally, you may evaluate how the addition of STARLUX Airlines to your portfolios can decrease your overall portfolio volatility.