Parade Technologies (Taiwan) Price on November 14, 2023
| 4966 Stock | TWD 773.00 31.00 4.18% |
If you're considering investing in Parade Stock, it is important to understand the factors that can impact its price. As of today, the current price of Parade Technologies stands at 773.00, as last reported on the 15th of December 2024, with the highest price reaching 778.00 and the lowest price hitting 744.00 during the day. At this stage we consider Parade Stock to be very steady. Parade Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.0418, which implies the firm had a 0.0418% return per unit of risk over the last 3 months. We have found thirty technical indicators for Parade Technologies, which you can use to evaluate the volatility of the company. Please check Parade Technologies' Coefficient Of Variation of 2232.42, semi deviation of 1.63, and Risk Adjusted Performance of 0.0391 to confirm if the risk estimate we provide is consistent with the expected return of 0.0915%.
Parade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Parade |
Sharpe Ratio = 0.0418
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| Cash | Small Risk | 4966 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Parade Technologies is performing at about 3% 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 Parade Technologies by adding it to a well-diversified portfolio.
Parade Technologies Valuation on November 14, 2023
It is possible to determine the worth of Parade Technologies on a given historical date. On November 14, 2023 Parade was worth 1069.17 at the beginning of the trading date compared to the closed value of 1079.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parade Technologies stock. Still, in general, we apply an absolute valuation method to find Parade Technologies' 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 Parade Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parade Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 1,049 | 1,074 | 1,045 | 1,049 | 872,000 | |
11/14/2023 | 1,069 | 1,094 | 1,054 | 1,079 | 1,360,000 |
| 1,114 | 1,123 | 1,030 | 1,045 | 2,321,000 |
| Backtest Parade Technologies | | | Parade Technologies History | | | Parade Technologies Valuation | Previous | Next |
Parade Technologies Trading Date Momentum on November 14, 2023
| On November 15 2023 Parade Technologies was traded for 1,045 at the closing time. The highest price during the trading period was 1,123 and the lowest recorded bid was listed for 1,030 . The volume for the day was 2.3 M. This history from November 15, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 3.20% . The trading delta at closing time to the current price is 2.74% . |
Parade Technologies Fundamentals Correlations and Trends
By evaluating Parade Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Parade Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parade financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parade Technologies Stock history
Parade Technologies 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 Parade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parade Technologies 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 Parade Technologies stock prices may prove useful in developing a viable investing in Parade Technologies
Parade Technologies Stock Technical Analysis
Parade Technologies 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
Parade Technologies Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Parade Technologies 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.
Parade Technologies December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Parade Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parade Technologies shares will generate the highest return on investment. By undertsting and applying Parade Technologies stock market strength indicators, traders can identify Parade Technologies entry and exit signals to maximize returns
Parade Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parade Technologies' price direction in advance. Along with the technical and fundamental analysis of Parade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parade 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 | 0.0391 | |||
| Jensen Alpha | 0.0493 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2072 |
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Additional Tools for Parade Stock Analysis
When running Parade Technologies' price analysis, check to measure Parade Technologies' 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 Parade Technologies is operating at the current time. Most of Parade Technologies' value examination focuses on studying past and present price action to predict the probability of Parade Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parade Technologies' price. Additionally, you may evaluate how the addition of Parade Technologies to your portfolios can decrease your overall portfolio volatility.