Castles Technology (Taiwan) Price on September 16, 2024
5258 Stock | 83.00 0.70 0.85% |
If you're considering investing in Castles Stock, it is important to understand the factors that can impact its price. As of today, the current price of Castles Technology stands at 83.00, as last reported on the 20th of December, with the highest price reaching 83.20 and the lowest price hitting 81.10 during the day. Castles Technology secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the company had a -0.24% return per unit of risk over the last 3 months. Castles Technology Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Castles Technology's Risk Adjusted Performance of (0.14), mean deviation of 2.06, and Standard Deviation of 2.86 to double-check the risk estimate we provide.
Castles Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Castles |
Sharpe Ratio = -0.2363
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Negative Returns | 5258 |
Estimated Market Risk
2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.67 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Castles 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 Castles Technology by adding Castles Technology to a well-diversified portfolio.
Castles Technology Valuation on September 16, 2024
It is possible to determine the worth of Castles Technology on a given historical date. On September 16, 2024 Castles was worth 119.38 at the beginning of the trading date compared to the closed value of 121.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Castles Technology stock. Still, in general, we apply an absolute valuation method to find Castles 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 Castles Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Castles Technology's related companies.
Open | High | Low | Close | Volume | |
119.85 | 119.85 | 116.07 | 118.90 | 424,393 | |
09/16/2024 | 119.38 | 121.74 | 119.38 | 121.26 | 632,778 |
121.74 | 122.68 | 120.79 | 121.74 | 410,767 |
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Castles Technology Trading Date Momentum on September 16, 2024
On September 18 2024 Castles Technology Co was traded for 121.74 at the closing time. The highest price during the trading period was 122.68 and the lowest recorded bid was listed for 120.79 . The volume for the day was 410.8 K. This history from September 18, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.40% . The overall trading delta to the current price is 5.15% . |
Castles Technology Fundamentals Correlations and Trends
By evaluating Castles 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 Castles Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Castles financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Castles Technology Stock history
Castles 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 Castles is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Castles 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 Castles Technology stock prices may prove useful in developing a viable investing in Castles Technology
Castles Technology Stock Technical Analysis
Castles 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
Castles Technology Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Castles Technology 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.
Castles Technology December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Castles 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 Castles Technology shares will generate the highest return on investment. By undertsting and applying Castles Technology stock market strength indicators, traders can identify Castles Technology Co entry and exit signals to maximize returns
Castles Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Castles Technology's price direction in advance. Along with the technical and fundamental analysis of Castles Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Castles 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 | (0.14) | |||
Jensen Alpha | (0.55) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | (5.61) |
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Additional Tools for Castles Stock Analysis
When running Castles Technology's price analysis, check to measure Castles 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 Castles Technology is operating at the current time. Most of Castles Technology's value examination focuses on studying past and present price action to predict the probability of Castles 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 Castles Technology's price. Additionally, you may evaluate how the addition of Castles Technology to your portfolios can decrease your overall portfolio volatility.