FineTek (Taiwan) Price on October 8, 2024

4549 Stock  TWD 173.00  4.00  2.26%   
If you're considering investing in FineTek Stock, it is important to understand the factors that can impact its price. As of today, the current price of FineTek stands at 173.00, as last reported on the 13th of December 2024, with the highest price reaching 179.00 and the lowest price hitting 172.00 during the day. At this stage we consider FineTek Stock to be very steady. FineTek secures Sharpe Ratio (or Efficiency) of 0.0054, which denotes the company had a 0.0054% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for FineTek Co, which you can use to evaluate the volatility of the firm. Please confirm FineTek's Coefficient Of Variation of 1938.04, mean deviation of 2.38, and Downside Deviation of 3.38 to check if the risk estimate we provide is consistent with the expected return of 0.018%.
  
FineTek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0054

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Estimated Market Risk

 3.34
  actual daily
29
71% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average FineTek 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 FineTek by adding FineTek to a well-diversified portfolio.

FineTek Valuation on October 8, 2024

It is possible to determine the worth of FineTek on a given historical date. On October 8, 2024 FineTek was worth 163.0 at the beginning of the trading date compared to the closed value of 156.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FineTek stock. Still, in general, we apply an absolute valuation method to find FineTek'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 FineTek where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FineTek's related companies.
 Open High Low Close Volume
  170.00    173.00    169.50    170.00    489,741  
10/08/2024
  163.00    163.50    153.50    156.00    2,332,804  
  157.00    158.50    155.00    156.00    474,000  
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Open Value
163.0
152.98
Downside
156.0
Closing Value
173.02
Upside

FineTek Trading Date Momentum on October 8, 2024

On October 09 2024 FineTek Co was traded for  156.00  at the closing time. The highest price during the trading period was 158.50  and the lowest recorded bid was listed for  155.00 . The volume for the day was 474 K. This history from October 9, 2024 did not affect price variability. The overall trading delta to the current price is 2.12% .

FineTek Fundamentals Correlations and Trends

By evaluating FineTek'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 FineTek's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FineTek financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About FineTek Stock history

FineTek 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 FineTek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FineTek 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 FineTek stock prices may prove useful in developing a viable investing in FineTek
FineTek Co., Ltd. manufactures and sells various industrial sensors in Taiwan and internationally. The company was founded in 1979 and is headquartered in New Taipei City, Taiwan. FINETEK operates under Scientific Technical Instruments classification in Taiwan and is traded on Taiwan OTC Exchange.

FineTek Stock Technical Analysis

FineTek 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.
A focus of FineTek technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FineTek trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

FineTek Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

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FineTek 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.

FineTek December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how FineTek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FineTek shares will generate the highest return on investment. By undertsting and applying FineTek stock market strength indicators, traders can identify FineTek Co entry and exit signals to maximize returns

FineTek Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for FineTek's price direction in advance. Along with the technical and fundamental analysis of FineTek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FineTek 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.

Additional Tools for FineTek Stock Analysis

When running FineTek's price analysis, check to measure FineTek'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 FineTek is operating at the current time. Most of FineTek's value examination focuses on studying past and present price action to predict the probability of FineTek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FineTek's price. Additionally, you may evaluate how the addition of FineTek to your portfolios can decrease your overall portfolio volatility.