Hwacom Systems (Taiwan) Price on October 25, 2024
| 6163 Stock | TWD 24.25 0.25 1.04% |
If you're considering investing in Hwacom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hwacom Systems stands at 24.25, as last reported on the 4th of December, with the highest price reaching 24.50 and the lowest price hitting 24.10 during the day. At this stage we consider Hwacom Stock to be very steady. Hwacom Systems holds Efficiency (Sharpe) Ratio of 0.0228, which attests that the entity had a 0.0228% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Hwacom Systems, which you can use to evaluate the volatility of the firm. Please check out Hwacom Systems' risk adjusted performance of 0.0248, and Market Risk Adjusted Performance of 0.0674 to validate if the risk estimate we provide is consistent with the expected return of 0.0541%.
Hwacom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hwacom |
Sharpe Ratio = 0.0228
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| Cash | Small Risk | 6163 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Hwacom Systems is performing at about 1% 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 Hwacom Systems by adding it to a well-diversified portfolio.
Hwacom Systems Valuation on October 25, 2024
It is possible to determine the worth of Hwacom Systems on a given historical date. On October 25, 2024 Hwacom was worth 24.75 at the beginning of the trading date compared to the closed value of 24.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hwacom Systems stock. Still, in general, we apply an absolute valuation method to find Hwacom Systems' 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 Hwacom Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hwacom Systems' related companies.
| Open | High | Low | Close | Volume | |
| 24.95 | 25.10 | 24.50 | 24.50 | 1,326,000 | |
10/25/2024 | 24.75 | 24.95 | 24.55 | 24.55 | 625,271 |
| 24.70 | 24.70 | 24.15 | 24.20 | 947,412 |
| Backtest Hwacom Systems | | | Hwacom Systems History | | | Hwacom Systems Valuation | Previous | Next |
Hwacom Systems Trading Date Momentum on October 25, 2024
| On October 28 2024 Hwacom Systems was traded for 24.20 at the closing time. The highest price during the trading period was 24.70 and the lowest recorded bid was listed for 24.15 . The volume for the day was 947.4 K. This history from October 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.43% . The trading delta at closing time to the current price is 1.83% . |
Hwacom Systems Fundamentals Correlations and Trends
By evaluating Hwacom Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hwacom Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hwacom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hwacom Systems Stock history
Hwacom Systems 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 Hwacom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hwacom Systems 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 Hwacom Systems stock prices may prove useful in developing a viable investing in Hwacom Systems
Hwacom Systems Stock Technical Analysis
Hwacom Systems 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
Hwacom Systems Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Hwacom Systems 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.
Hwacom Systems December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Hwacom Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hwacom Systems shares will generate the highest return on investment. By undertsting and applying Hwacom Systems stock market strength indicators, traders can identify Hwacom Systems entry and exit signals to maximize returns
Hwacom Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hwacom Systems' price direction in advance. Along with the technical and fundamental analysis of Hwacom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hwacom 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 | 0.0248 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0574 |
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Additional Tools for Hwacom Stock Analysis
When running Hwacom Systems' price analysis, check to measure Hwacom Systems' 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 Hwacom Systems is operating at the current time. Most of Hwacom Systems' value examination focuses on studying past and present price action to predict the probability of Hwacom Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hwacom Systems' price. Additionally, you may evaluate how the addition of Hwacom Systems to your portfolios can decrease your overall portfolio volatility.