Waffer Technology (Taiwan) Price on July 2, 2024
6235 Stock | TWD 69.00 1.00 1.47% |
If you're considering investing in Waffer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Waffer Technology stands at 69.00, as last reported on the 29th of December, with the highest price reaching 69.30 and the lowest price hitting 67.60 during the day. Waffer Technology Corp shows Sharpe Ratio of -0.0194, which attests that the company had a -0.0194% return per unit of risk over the last 3 months. Waffer Technology Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Waffer Technology's Market Risk Adjusted Performance of (72.01), standard deviation of 2.71, and Mean Deviation of 1.95 to validate the risk estimate we provide.
Waffer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Waffer |
Sharpe Ratio = -0.0194
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Estimated Market Risk
2.72 actual daily | 24 76% 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 | 0 Most of other assets perform better |
Based on monthly moving average Waffer 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 Waffer Technology by adding Waffer Technology to a well-diversified portfolio.
Waffer Technology Valuation on July 2, 2024
It is possible to determine the worth of Waffer Technology on a given historical date. On July 2, 2024 Waffer was worth 94.0 at the beginning of the trading date compared to the closed value of 94.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Waffer Technology stock. Still, in general, we apply an absolute valuation method to find Waffer 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 Waffer Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Waffer Technology's related companies.
Open | High | Low | Close | Volume | |
92.70 | 93.50 | 92.00 | 92.90 | 1,883,344 | |
07/02/2024 | 94.00 | 96.40 | 93.50 | 94.50 | 7,526,163 |
96.80 | 98.20 | 93.50 | 94.10 | 5,660,027 |
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Waffer Technology Trading Date Momentum on July 2, 2024
On July 03 2024 Waffer Technology Corp was traded for 94.10 at the closing time. The highest price during the trading period was 98.20 and the lowest recorded bid was listed for 93.50 . The volume for the day was 5.7 M. This history from July 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.42% . The trading price change to the current price is 3.70% . |
Waffer Technology Corp Fundamentals Correlations and Trends
By evaluating Waffer 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 Waffer Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Waffer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Waffer Technology Stock history
Waffer 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 Waffer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Waffer Technology 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 Waffer Technology stock prices may prove useful in developing a viable investing in Waffer Technology
Waffer Technology Corporation manufactures and sells light metal products worldwide. Waffer Technology Corporation is a subsidiary of Getac Technology Corporation. WAFFER TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan.
Waffer Technology Stock Technical Analysis
Waffer 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
Waffer Technology Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Waffer Technology 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.
Waffer Technology December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Waffer 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 Waffer Technology shares will generate the highest return on investment. By undertsting and applying Waffer Technology stock market strength indicators, traders can identify Waffer Technology Corp entry and exit signals to maximize returns
Waffer Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Waffer Technology's price direction in advance. Along with the technical and fundamental analysis of Waffer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Waffer 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 | (0.02) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (72.02) |
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Additional Tools for Waffer Stock Analysis
When running Waffer Technology's price analysis, check to measure Waffer 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 Waffer Technology is operating at the current time. Most of Waffer Technology's value examination focuses on studying past and present price action to predict the probability of Waffer 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 Waffer Technology's price. Additionally, you may evaluate how the addition of Waffer Technology to your portfolios can decrease your overall portfolio volatility.