WinWay Technology (Taiwan) Price on September 19, 2024

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-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WinWay Technology's Standard Deviation of 2.99, market risk adjusted performance of (0.76), 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.

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 19, 2024

It is possible to determine the worth of WinWay Technology on a given historical date. On September 19, 2024 WinWay was worth 1380.0 at the beginning of the trading date compared to the closed value of 1385.0. 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
  1,440    1,460    1,365    1,380    631,240  
09/19/2024
  1,380    1,395    1,345    1,385    555,005  
  1,400    1,420    1,320    1,330    755,495  
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Open Value
1380.0
1385.0
Closing Value
1,389
Upside

WinWay Technology Trading Date Momentum on September 19, 2024

On September 20 2024 WinWay Technology Co was traded for  1,330  at the closing time. The highest price during the trading period was 1,420  and the lowest recorded bid was listed for  1,320 . The volume for the day was 755.5 K. This history from September 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.97% . The trading price change to the current price is 10.47% .

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.
A focus of WinWay Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WinWay 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

WinWay Technology Period Price Range

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December 22, 2024
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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.

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.