Hiwin Mikrosystem (Taiwan) Price on September 11, 2024
| 4576 Stock | TWD 121.00 1.50 1.26% |
If you're considering investing in Hiwin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hiwin Mikrosystem stands at 121.00, as last reported on the 10th of December, with the highest price reaching 126.00 and the lowest price hitting 116.00 during the day. Hiwin Mikrosystem appears to be very steady, given 3 months investment horizon. Hiwin Mikrosystem Corp 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. By evaluating Hiwin Mikrosystem's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Hiwin Mikrosystem's Risk Adjusted Performance of 0.0934, downside deviation of 3.57, and Market Risk Adjusted Performance of 0.9844 to validate if our risk estimates are consistent with your expectations.
Hiwin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hiwin |
Sharpe Ratio = 0.1412
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 4576 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.99 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Hiwin Mikrosystem is performing at about 11% 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 Hiwin Mikrosystem by adding it to a well-diversified portfolio.
Hiwin Mikrosystem Valuation on September 11, 2024
It is possible to determine the worth of Hiwin Mikrosystem on a given historical date. On September 11, 2024 Hiwin was worth 89.5 at the beginning of the trading date compared to the closed value of 89.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hiwin Mikrosystem stock. Still, in general, we apply an absolute valuation method to find Hiwin Mikrosystem'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 Hiwin Mikrosystem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hiwin Mikrosystem's related companies.
| Open | High | Low | Close | Volume | |
| 94.00 | 94.00 | 86.80 | 88.30 | 3,053,590 | |
09/11/2024 | 89.50 | 92.40 | 89.10 | 89.10 | 1,648,499 |
| 90.40 | 94.00 | 89.50 | 92.80 | 2,597,833 |
| Backtest Hiwin Mikrosystem | | | Hiwin Mikrosystem History | | | Hiwin Mikrosystem Valuation | Previous | Next |
Hiwin Mikrosystem Trading Date Momentum on September 11, 2024
| On September 12 2024 Hiwin Mikrosystem Corp was traded for 92.80 at the closing time. The highest price during the trading period was 94.00 and the lowest recorded bid was listed for 89.50 . The volume for the day was 2.6 M. This history from September 12, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 4.15% . The trading delta at closing time to the current price is 24.58% . |
Hiwin Mikrosystem Corp Fundamentals Correlations and Trends
By evaluating Hiwin Mikrosystem'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 Hiwin Mikrosystem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hiwin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hiwin Mikrosystem Stock history
Hiwin Mikrosystem 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 Hiwin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hiwin Mikrosystem 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 Hiwin Mikrosystem stock prices may prove useful in developing a viable investing in Hiwin Mikrosystem
Hiwin Mikrosystem Corp. researches, develops, manufactures, and sells components, systems, and equipment for linear motion and control system in Taiwan. Hiwin Mikrosystem Corp. was founded in 1997 and is headquartered in Taichung, Taiwan. HIWIN MIKROSYSTEM operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan Stock Exchange.
Hiwin Mikrosystem Stock Technical Analysis
Hiwin Mikrosystem 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
Hiwin Mikrosystem Period Price Range
Low | December 10, 2024
| High |
0.00 | 0.00 |
Hiwin Mikrosystem 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.
Hiwin Mikrosystem December 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Hiwin Mikrosystem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hiwin Mikrosystem shares will generate the highest return on investment. By undertsting and applying Hiwin Mikrosystem stock market strength indicators, traders can identify Hiwin Mikrosystem Corp entry and exit signals to maximize returns
Hiwin Mikrosystem Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hiwin Mikrosystem's price direction in advance. Along with the technical and fundamental analysis of Hiwin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hiwin 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 | 0.0934 | |||
| Jensen Alpha | 0.4036 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0961 | |||
| Treynor Ratio | 0.9744 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Hiwin Stock Analysis
When running Hiwin Mikrosystem's price analysis, check to measure Hiwin Mikrosystem'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 Hiwin Mikrosystem is operating at the current time. Most of Hiwin Mikrosystem's value examination focuses on studying past and present price action to predict the probability of Hiwin Mikrosystem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hiwin Mikrosystem's price. Additionally, you may evaluate how the addition of Hiwin Mikrosystem to your portfolios can decrease your overall portfolio volatility.