Deltamac Taiwan (Taiwan) Price on April 15, 2024
| 6144 Stock | TWD 46.10 5.10 9.96% |
If you're considering investing in Deltamac Stock, it is important to understand the factors that can impact its price. As of today, the current price of Deltamac Taiwan stands at 46.10, as last reported on the 1st of December, with the highest price reaching 50.00 and the lowest price hitting 46.10 during the day. Deltamac Taiwan secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16% return per unit of risk over the last 3 months. Deltamac Taiwan Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deltamac Taiwan's Mean Deviation of 4.91, standard deviation of 6.32, and Variance of 39.98 to check the risk estimate we provide.
Deltamac Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Deltamac |
Sharpe Ratio = -0.1556
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| Negative Returns | 6144 |
Estimated Market Risk
| 6.42 actual daily | 57 57% of assets are less volatile |
Expected Return
| -1.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Deltamac Taiwan 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 Deltamac Taiwan by adding Deltamac Taiwan to a well-diversified portfolio.
Deltamac Taiwan Valuation on April 15, 2024
It is possible to determine the worth of Deltamac Taiwan on a given historical date. On April 15, 2024 Deltamac was worth 20.45 at the beginning of the trading date compared to the closed value of 19.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deltamac Taiwan stock. Still, in general, we apply an absolute valuation method to find Deltamac Taiwan'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 Deltamac Taiwan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deltamac Taiwan's related companies.
| Open | High | Low | Close | Volume | |
| 20.30 | 20.30 | 19.55 | 19.80 | 33,000 | |
04/15/2024 | 20.45 | 20.45 | 19.60 | 19.60 | 18,000 |
| 19.70 | 19.70 | 19.60 | 19.65 | 18,000 |
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Deltamac Taiwan Trading Date Momentum on April 15, 2024
| On April 16 2024 Deltamac Taiwan Co was traded for 19.65 at the closing time. The highest price during the trading period was 19.70 and the lowest recorded bid was listed for 19.60 . The volume for the day was 18 K. This history from April 16, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.26% . The overall trading delta to the current price is 9.18% . |
Deltamac Taiwan Fundamentals Correlations and Trends
By evaluating Deltamac Taiwan'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 Deltamac Taiwan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Deltamac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Deltamac Taiwan Stock history
Deltamac Taiwan 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 Deltamac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Deltamac Taiwan 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 Deltamac Taiwan stock prices may prove useful in developing a viable investing in Deltamac Taiwan
Deltamac Taiwan Stock Technical Analysis
Deltamac Taiwan 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
Deltamac Taiwan Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Deltamac Taiwan 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.
Deltamac Taiwan December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Deltamac Taiwan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deltamac Taiwan shares will generate the highest return on investment. By undertsting and applying Deltamac Taiwan stock market strength indicators, traders can identify Deltamac Taiwan Co entry and exit signals to maximize returns
Deltamac Taiwan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deltamac Taiwan's price direction in advance. Along with the technical and fundamental analysis of Deltamac Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Deltamac 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 | (0.11) | |||
| Jensen Alpha | (1.33) | |||
| Total Risk Alpha | (2.03) | |||
| Treynor Ratio | (0.34) |
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Additional Tools for Deltamac Stock Analysis
When running Deltamac Taiwan's price analysis, check to measure Deltamac Taiwan'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 Deltamac Taiwan is operating at the current time. Most of Deltamac Taiwan's value examination focuses on studying past and present price action to predict the probability of Deltamac Taiwan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deltamac Taiwan's price. Additionally, you may evaluate how the addition of Deltamac Taiwan to your portfolios can decrease your overall portfolio volatility.