WinWay Technology (Taiwan) Price on September 18, 2023
6515 Stock | TWD 1,075 20.00 1.83% |
If you're considering investing in WinWay Stock, it is important to understand the factors that can impact its price. As of today, the current price of WinWay Technology stands at 1,075, as last reported on the 22nd of December, with the highest price reaching 1,105 and the lowest price hitting 1,075 during the day. WinWay Technology shows Sharpe Ratio of -0.0765, which attests that the company had a -0.0765% return per unit of risk over the last 3 months. WinWay Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WinWay Technology's Market Risk Adjusted Performance of (0.76), standard deviation of 2.99, and Mean Deviation of 2.31 to validate the risk estimate we provide.
WinWay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WinWay |
Sharpe Ratio = -0.0765
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Estimated Market Risk
2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WinWay 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 WinWay Technology by adding WinWay Technology to a well-diversified portfolio.
WinWay Technology Valuation on September 18, 2023
It is possible to determine the worth of WinWay Technology on a given historical date. On September 18, 2023 WinWay was worth 658.52 at the beginning of the trading date compared to the closed value of 636.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WinWay Technology stock. Still, in general, we apply an absolute valuation method to find WinWay 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 WinWay Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WinWay Technology's related companies.
Open | High | Low | Close | Volume | |
685.21 | 691.15 | 665.44 | 670.38 | 1,824,912 | |
09/18/2023 | 658.52 | 660.49 | 636.76 | 636.76 | 1,040,025 |
641.71 | 657.53 | 632.81 | 632.81 | 685,079 |
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WinWay Technology Trading Date Momentum on September 18, 2023
On September 19 2023 WinWay Technology Co was traded for 632.81 at the closing time. The highest price during the trading period was 657.53 and the lowest recorded bid was listed for 632.81 . The volume for the day was 685.1 K. This history from September 19, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.62% . The trading price change to the current price is 3.42% . |
WinWay Technology Fundamentals Correlations and Trends
By evaluating WinWay 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 WinWay Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WinWay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WinWay Technology Stock history
WinWay 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 WinWay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WinWay 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 WinWay Technology stock prices may prove useful in developing a viable investing in WinWay Technology
WinWay Technology Co., Ltd. manufactures and supplies integrated circuit testing interfaces worldwide. WinWay Technology Co., Ltd. was founded in 2001 and is headquartered in Kaohsiung, Taiwan. WINWAY TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.
WinWay Technology Stock Technical Analysis
WinWay 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
WinWay Technology Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
WinWay Technology Co 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.
WinWay Technology December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how WinWay 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 WinWay Technology shares will generate the highest return on investment. By undertsting and applying WinWay Technology stock market strength indicators, traders can identify WinWay Technology Co entry and exit signals to maximize returns
WinWay Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WinWay Technology's price direction in advance. Along with the technical and fundamental analysis of WinWay Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WinWay 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 | (0.08) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | (0.77) |
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Additional Tools for WinWay Stock Analysis
When running WinWay Technology's price analysis, check to measure WinWay 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 WinWay Technology is operating at the current time. Most of WinWay Technology's value examination focuses on studying past and present price action to predict the probability of WinWay 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 WinWay Technology's price. Additionally, you may evaluate how the addition of WinWay Technology to your portfolios can decrease your overall portfolio volatility.