Powertech Technology (Taiwan) Price on October 8, 2024

6239 Stock  TWD 121.50  2.50  2.02%   
If you're considering investing in Powertech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Powertech Technology stands at 121.50, as last reported on the 28th of November, with the highest price reaching 125.00 and the lowest price hitting 121.50 during the day. Powertech Technology maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Powertech Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Powertech Technology's Coefficient Of Variation of (827.57), variance of 2.79, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
  
Powertech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1414

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Estimated Market Risk

 1.69
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Powertech 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 Powertech Technology by adding Powertech Technology to a well-diversified portfolio.

Powertech Technology Valuation on October 8, 2024

It is possible to determine the worth of Powertech Technology on a given historical date. On October 8, 2024 Powertech was worth 133.0 at the beginning of the trading date compared to the closed value of 133.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Powertech Technology stock. Still, in general, we apply an absolute valuation method to find Powertech 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 Powertech Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Powertech Technology's related companies.
 Open High Low Close Volume
  134.00    136.00    133.50    135.00    2,735,509  
10/08/2024
  133.00    135.00    130.50    133.50    4,819,850  
  134.00    135.00    131.50    133.50    3,428,509  
Backtest Powertech Technology  |  Powertech Technology History  |  Powertech Technology Valuation   PreviousNext  
Open Value
133.0
127.92
Downside
133.5
Closing Value
138.08
Upside

Powertech Technology Trading Date Momentum on October 8, 2024

On October 09 2024 Powertech Technology was traded for  133.50  at the closing time. The highest price during the trading period was 135.00  and the lowest recorded bid was listed for  131.50 . The volume for the day was 3.4 M. This history from October 9, 2024 did not cause price change. The trading delta at closing time to the current price is 3.75% .

Powertech Technology Fundamentals Correlations and Trends

By evaluating Powertech 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 Powertech Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Powertech financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Powertech Technology Stock history

Powertech 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 Powertech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Powertech 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 Powertech Technology stock prices may prove useful in developing a viable investing in Powertech Technology
Powertech Technology Inc., together with its subsidiaries, researches, designs, develops, assembles, manufactures, packages, tests, and sells various integrated circuit products worldwide. Powertech Technology Inc. was founded in 1997 and is headquartered in Hsinchu, Taiwan. POWERTECH TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.

Powertech Technology Stock Technical Analysis

Powertech 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.
A focus of Powertech Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Powertech Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Powertech Technology Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Powertech Technology 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.

Powertech Technology November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Powertech 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 Powertech Technology shares will generate the highest return on investment. By undertsting and applying Powertech Technology stock market strength indicators, traders can identify Powertech Technology entry and exit signals to maximize returns

Powertech Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Powertech Technology's price direction in advance. Along with the technical and fundamental analysis of Powertech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Powertech 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.

Additional Tools for Powertech Stock Analysis

When running Powertech Technology's price analysis, check to measure Powertech 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 Powertech Technology is operating at the current time. Most of Powertech Technology's value examination focuses on studying past and present price action to predict the probability of Powertech 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 Powertech Technology's price. Additionally, you may evaluate how the addition of Powertech Technology to your portfolios can decrease your overall portfolio volatility.