GMI Technology (Taiwan) Price on September 4, 2024
| 3312 Stock | TWD 60.30 1.20 2.03% |
If you're considering investing in GMI Stock, it is important to understand the factors that can impact its price. As of today, the current price of GMI Technology stands at 60.30, as last reported on the 4th of December, with the highest price reaching 60.90 and the lowest price hitting 59.10 during the day. GMI Technology holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. GMI Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GMI Technology's Risk Adjusted Performance of (0.15), market risk adjusted performance of (1.27), and Coefficient Of Variation of (487.72) to validate the risk estimate we provide.
GMI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GMI |
Sharpe Ratio = -0.1426
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| Negative Returns | 3312 |
Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GMI 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 GMI Technology by adding GMI Technology to a well-diversified portfolio.
GMI Technology Valuation on September 4, 2024
It is possible to determine the worth of GMI Technology on a given historical date. On September 4, 2024 GMI was worth 74.53 at the beginning of the trading date compared to the closed value of 76.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GMI Technology stock. Still, in general, we apply an absolute valuation method to find GMI 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 GMI Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GMI Technology's related companies.
| Open | High | Low | Close | Volume | |
| 83.68 | 86.04 | 82.60 | 82.70 | 3,195,804 | |
09/04/2024 | 74.53 | 79.94 | 74.43 | 76.20 | 5,707,124 |
| 78.80 | 79.30 | 75.50 | 75.80 | 2,684,654 |
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GMI Technology Trading Date Momentum on September 4, 2024
| On September 05 2024 GMI Technology was traded for 75.80 at the closing time. The highest price during the trading period was 79.30 and the lowest recorded bid was listed for 75.50 . The volume for the day was 2.7 M. This history from September 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.52% . The overall trading delta to the current price is 1.57% . |
GMI Technology Fundamentals Correlations and Trends
By evaluating GMI 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 GMI Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GMI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GMI Technology Stock history
GMI 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 GMI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GMI 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 GMI Technology stock prices may prove useful in developing a viable investing in GMI Technology
GMI Technology Inc. operates as an electronic components distributor and applications solutions provider primarily in the Greater China. GMI Technology Inc. was founded in 1995 and is headquartered in Taipei, Taiwan. G M is traded on Taiwan Stock Exchange in Taiwan.
GMI Technology Stock Technical Analysis
GMI 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
GMI Technology Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
GMI 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.
GMI Technology December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how GMI 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 GMI Technology shares will generate the highest return on investment. By undertsting and applying GMI Technology stock market strength indicators, traders can identify GMI Technology entry and exit signals to maximize returns
GMI Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GMI Technology's price direction in advance. Along with the technical and fundamental analysis of GMI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GMI 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 | (0.15) | |||
| Jensen Alpha | (0.61) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (1.28) |
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| Volume Indicators |
Additional Tools for GMI Stock Analysis
When running GMI Technology's price analysis, check to measure GMI 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 GMI Technology is operating at the current time. Most of GMI Technology's value examination focuses on studying past and present price action to predict the probability of GMI 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 GMI Technology's price. Additionally, you may evaluate how the addition of GMI Technology to your portfolios can decrease your overall portfolio volatility.