Powertech Industrial (Taiwan) Price on September 12, 2024
| 3296 Stock | TWD 30.85 0.40 1.31% |
If you're considering investing in Powertech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Powertech Industrial stands at 30.85, as last reported on the 2nd of December, with the highest price reaching 31.45 and the lowest price hitting 30.20 during the day. Powertech Industrial appears to be not too volatile, given 3 months investment horizon. Powertech Industrial maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Powertech Industrial, which you can use to evaluate the volatility of the company. Please evaluate Powertech Industrial's Semi Deviation of 2.54, coefficient of variation of 984.41, and Risk Adjusted Performance of 0.0848 to confirm if our risk estimates are consistent with your expectations.
Powertech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Powertech |
Sharpe Ratio = 0.1016
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 3296 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Powertech Industrial is performing at about 8% 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 Powertech Industrial by adding it to a well-diversified portfolio.
Powertech Industrial Valuation on September 12, 2024
It is possible to determine the worth of Powertech Industrial on a given historical date. On September 12, 2024 Powertech was worth 24.7 at the beginning of the trading date compared to the closed value of 24.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Powertech Industrial stock. Still, in general, we apply an absolute valuation method to find Powertech Industrial'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 Powertech Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Powertech Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 24.60 | 24.90 | 23.95 | 24.30 | 543,879 | |
09/12/2024 | 24.70 | 24.75 | 24.00 | 24.20 | 664,114 |
| 24.25 | 24.75 | 24.20 | 24.75 | 491,741 |
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Powertech Industrial Trading Date Momentum on September 12, 2024
| On September 13 2024 Powertech Industrial Co was traded for 24.75 at the closing time. The highest price during the trading period was 24.75 and the lowest recorded bid was listed for 24.20 . The volume for the day was 491.7 K. This history from September 13, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.27% . The trading delta at closing time to the current price is 2.69% . |
Powertech Industrial Fundamentals Correlations and Trends
By evaluating Powertech Industrial'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 Powertech Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Powertech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Powertech Industrial Stock history
Powertech Industrial 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 Powertech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Powertech Industrial 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 Powertech Industrial stock prices may prove useful in developing a viable investing in Powertech Industrial
Powertech Industrial Co., Ltd., together with its subsidiaries, manufactures and sells electronic circuit power protection and smart home wireless remote control devices, wired and wireless communication equipment, and electronic modules and parts in the United States, Australia, and internationally. Powertech Industrial Co., Ltd. was founded in 2000 and is headquartered in New Taipei City, Taiwan. POWERTECH INDUSTRIAL operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange.
Powertech Industrial Stock Technical Analysis
Powertech Industrial 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
Powertech Industrial Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Powertech Industrial 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.
Powertech Industrial December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Powertech Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Powertech Industrial shares will generate the highest return on investment. By undertsting and applying Powertech Industrial stock market strength indicators, traders can identify Powertech Industrial Co entry and exit signals to maximize returns
Powertech Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Powertech Industrial's price direction in advance. Along with the technical and fundamental analysis of Powertech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Powertech 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 | 0.0848 | |||
| Jensen Alpha | 0.2114 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0455 | |||
| Treynor Ratio | 0.6659 |
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Additional Tools for Powertech Stock Analysis
When running Powertech Industrial's price analysis, check to measure Powertech Industrial'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 Powertech Industrial is operating at the current time. Most of Powertech Industrial's value examination focuses on studying past and present price action to predict the probability of Powertech Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Powertech Industrial's price. Additionally, you may evaluate how the addition of Powertech Industrial to your portfolios can decrease your overall portfolio volatility.