FIT Holding (Taiwan) Price on February 5, 2024
| 3712 Stock | TWD 63.00 0.60 0.96% |
If you're considering investing in FIT Stock, it is important to understand the factors that can impact its price. As of today, the current price of FIT Holding stands at 63.00, as last reported on the 21st of December, with the highest price reaching 64.00 and the lowest price hitting 62.30 during the day. FIT Holding appears to be very steady, given 3 months investment horizon. FIT Holding secures Sharpe Ratio (or Efficiency) of 0.0891, which denotes the company had a 0.0891% return per unit of volatility over the last 3 months. We have found thirty technical indicators for FIT Holding Co, which you can use to evaluate the volatility of the firm. Please utilize FIT Holding's Market Risk Adjusted Performance of 0.262, downside deviation of 2.03, and Mean Deviation of 1.76 to check if our risk estimates are consistent with your expectations.
FIT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FIT |
Sharpe Ratio = 0.0891
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 3712 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average FIT Holding 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 FIT Holding by adding it to a well-diversified portfolio.
FIT Holding Valuation on February 5, 2024
It is possible to determine the worth of FIT Holding on a given historical date. On February 5, 2024 FIT was worth 41.41 at the beginning of the trading date compared to the closed value of 40.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FIT Holding stock. Still, in general, we apply an absolute valuation method to find FIT Holding'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 FIT Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FIT Holding's related companies.
| Open | High | Low | Close | Volume | |
| 42.42 | 42.42 | 41.36 | 41.41 | 3,079,950 | |
02/05/2024 | 41.41 | 41.41 | 40.49 | 40.58 | 1,965,433 |
| 38.99 | 39.47 | 37.92 | 38.07 | 5,521,803 |
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FIT Holding Trading Date Momentum on February 5, 2024
| On February 15 2024 FIT Holding Co was traded for 38.07 at the closing time. The highest price during the trading period was 39.47 and the lowest recorded bid was listed for 37.92 . The volume for the day was 5.5 M. This history from February 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 6.19% . The overall trading delta to the current price is 3.92% . |
FIT Holding Fundamentals Correlations and Trends
By evaluating FIT Holding'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 FIT Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FIT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FIT Holding Stock history
FIT Holding 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 FIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FIT Holding 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 FIT Holding stock prices may prove useful in developing a viable investing in FIT Holding
FIT Holding Co., Ltd. operates in the optoelectronics, communications, and digital imaging industries. It also provides integrated services for renewable energy power plant construction, maintenance, clean energy liquefied natural gas import, and green power sales platform system. FIT HOLDING operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 3456 people.
FIT Holding Stock Technical Analysis
FIT Holding 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
FIT Holding Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
FIT Holding 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.
FIT Holding December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how FIT Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FIT Holding shares will generate the highest return on investment. By undertsting and applying FIT Holding stock market strength indicators, traders can identify FIT Holding Co entry and exit signals to maximize returns
FIT Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FIT Holding's price direction in advance. Along with the technical and fundamental analysis of FIT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FIT 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 | 0.2488 | |||
| Total Risk Alpha | 0.1972 | |||
| Sortino Ratio | 0.1232 | |||
| Treynor Ratio | 0.252 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for FIT Stock Analysis
When running FIT Holding's price analysis, check to measure FIT Holding'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 FIT Holding is operating at the current time. Most of FIT Holding's value examination focuses on studying past and present price action to predict the probability of FIT Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIT Holding's price. Additionally, you may evaluate how the addition of FIT Holding to your portfolios can decrease your overall portfolio volatility.