Ledtech Electronics (Taiwan) Price on October 4, 2023
| 6164 Stock | TWD 13.95 0.05 0.36% |
If you're considering investing in Ledtech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ledtech Electronics stands at 13.95, as last reported on the 30th of December, with the highest price reaching 14.00 and the lowest price hitting 13.85 during the day. At this stage we consider Ledtech Stock to be somewhat reliable. Ledtech Electronics Corp has Sharpe Ratio of 0.0283, which conveys that the firm had a 0.0283% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ledtech Electronics, which you can use to evaluate the volatility of the firm. Please verify Ledtech Electronics' Risk Adjusted Performance of 0.0306, downside deviation of 4.88, and Mean Deviation of 2.31 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Ledtech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ledtech |
Sharpe Ratio = 0.0283
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| Cash | Small Risk | Average Risk | 6164 | Huge Risk |
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Estimated Market Risk
| 4.19 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Ledtech Electronics is performing at about 2% 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 Ledtech Electronics by adding it to a well-diversified portfolio.
Ledtech Electronics Valuation on October 4, 2023
It is possible to determine the worth of Ledtech Electronics on a given historical date. On October 4, 2023 Ledtech was worth 11.2 at the beginning of the trading date compared to the closed value of 11.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ledtech Electronics stock. Still, in general, we apply an absolute valuation method to find Ledtech Electronics' 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 Ledtech Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ledtech Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 11.25 | 11.25 | 11.10 | 11.25 | 167,001 | |
10/04/2023 | 11.20 | 11.65 | 11.10 | 11.25 | 594,275 |
| 11.30 | 11.35 | 11.30 | 11.30 | 107,001 |
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Ledtech Electronics Trading Date Momentum on October 4, 2023
| On October 05 2023 Ledtech Electronics Corp was traded for 11.30 at the closing time. The highest price during the trading period was 11.35 and the lowest recorded bid was listed for 11.30 . The volume for the day was 107 K. This history from October 5, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.44% . The trading delta at closing time to the current price is 1.33% . |
Ledtech Electronics Corp Fundamentals Correlations and Trends
By evaluating Ledtech Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ledtech Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ledtech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ledtech Electronics Stock history
Ledtech Electronics 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 Ledtech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ledtech Electronics 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 Ledtech Electronics stock prices may prove useful in developing a viable investing in Ledtech Electronics
Ledtech Electronics Corp. produces and sells LED lamps and displays in Taiwan and internationally. The company was founded in 1977 and is headquartered in New Taipei City, Taiwan. LEDTECH ELECTRONICS operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Ledtech Electronics Stock Technical Analysis
Ledtech Electronics 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
Ledtech Electronics Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Ledtech Electronics 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.
Ledtech Electronics December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Ledtech Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ledtech Electronics shares will generate the highest return on investment. By undertsting and applying Ledtech Electronics stock market strength indicators, traders can identify Ledtech Electronics Corp entry and exit signals to maximize returns
Ledtech Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ledtech Electronics' price direction in advance. Along with the technical and fundamental analysis of Ledtech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ledtech 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 | 0.0306 | |||
| Jensen Alpha | 0.0943 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0177 | |||
| Treynor Ratio | 0.1696 |
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Additional Tools for Ledtech Stock Analysis
When running Ledtech Electronics' price analysis, check to measure Ledtech Electronics' 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 Ledtech Electronics is operating at the current time. Most of Ledtech Electronics' value examination focuses on studying past and present price action to predict the probability of Ledtech Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ledtech Electronics' price. Additionally, you may evaluate how the addition of Ledtech Electronics to your portfolios can decrease your overall portfolio volatility.