Wistron Corp (Taiwan) Price on November 27, 2024
| 3231 Stock | TWD 113.50 1.00 0.89% |
If you're considering investing in Wistron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wistron Corp stands at 113.50, as last reported on the 1st of December, with the highest price reaching 115.00 and the lowest price hitting 111.00 during the day. Wistron Corp appears to be very steady, given 3 months investment horizon. Wistron Corp shows Sharpe Ratio of 0.096, which attests that the company had a 0.096% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wistron Corp, which you can use to evaluate the volatility of the company. Please utilize Wistron Corp's Mean Deviation of 1.72, downside deviation of 2.69, and Market Risk Adjusted Performance of 0.6598 to validate if our risk estimates are consistent with your expectations.
Wistron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wistron |
Sharpe Ratio = 0.096
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 3231 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Wistron Corp 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 Wistron Corp by adding it to a well-diversified portfolio.
Wistron Corp Valuation on November 27, 2024
It is possible to determine the worth of Wistron Corp on a given historical date. On November 27, 2024 Wistron was worth 118.5 at the beginning of the trading date compared to the closed value of 112.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wistron Corp stock. Still, in general, we apply an absolute valuation method to find Wistron Corp'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 Wistron Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wistron Corp's related companies.
| Open | High | Low | Close | Volume | |
| 122.50 | 122.50 | 119.00 | 120.00 | 56,495,150 | |
11/27/2024 | 118.50 | 119.00 | 112.50 | 112.50 | 72,752,902 |
| 114.50 | 115.00 | 111.50 | 113.50 | 36,375,151 |
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Wistron Corp Trading Date Momentum on November 27, 2024
| On November 28 2024 Wistron Corp was traded for 113.50 at the closing time. The highest price during the trading period was 115.00 and the lowest recorded bid was listed for 111.50 . The volume for the day was 36.4 M. This history from November 28, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.89% . The trading price change to the current price is 0.89% . |
Wistron Corp Fundamentals Correlations and Trends
By evaluating Wistron Corp'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 Wistron Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wistron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wistron Corp Stock history
Wistron Corp 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 Wistron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wistron 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 Wistron Corp stock prices may prove useful in developing a viable investing in Wistron Corp
Wistron Corporation provides design, manufacturing, testing, and after-sales service for information and communication technology products. The company was founded in 2001 and is headquartered in Taipei City, Taiwan. WISTRON CORPORATION operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange.
Wistron Corp Stock Technical Analysis
Wistron Corp 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
Wistron Corp Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Wistron 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.
Wistron Corp December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Wistron Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wistron Corp shares will generate the highest return on investment. By undertsting and applying Wistron Corp stock market strength indicators, traders can identify Wistron Corp entry and exit signals to maximize returns
Wistron Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wistron Corp's price direction in advance. Along with the technical and fundamental analysis of Wistron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wistron 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 | 0.0613 | |||
| Jensen Alpha | 0.1259 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0108 | |||
| Treynor Ratio | 0.6498 |
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Additional Tools for Wistron Stock Analysis
When running Wistron Corp's price analysis, check to measure Wistron Corp'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 Wistron Corp is operating at the current time. Most of Wistron Corp's value examination focuses on studying past and present price action to predict the probability of Wistron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wistron Corp's price. Additionally, you may evaluate how the addition of Wistron Corp to your portfolios can decrease your overall portfolio volatility.