Andes Technology (Taiwan) Price on July 31, 2023
| 6533 Stock | 407.50 13.50 3.43% |
If you're considering investing in Andes Stock, it is important to understand the factors that can impact its price. As of today, the current price of Andes Technology stands at 407.50, as last reported on the 26th of December, with the highest price reaching 410.00 and the lowest price hitting 401.50 during the day. At this stage we consider Andes Stock to be very steady. Andes Technology Corp secures Sharpe Ratio (or Efficiency) of 0.0711, which signifies that the company had a 0.0711% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Andes Technology Corp, which you can use to evaluate the volatility of the firm. Please confirm Andes Technology's risk adjusted performance of 0.1062, and Mean Deviation of 1.7 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Andes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Andes |
Sharpe Ratio = 0.0711
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 6533 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Andes Technology is performing at about 5% 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 Andes Technology by adding it to a well-diversified portfolio.
Andes Technology Valuation on July 31, 2023
It is possible to determine the worth of Andes Technology on a given historical date. On July 31, 2023 Andes was worth 474.0 at the beginning of the trading date compared to the closed value of 458.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Andes Technology stock. Still, in general, we apply an absolute valuation method to find Andes 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 Andes Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Andes Technology's related companies.
| Open | High | Low | Close | Volume | |
| 454.50 | 470.00 | 445.00 | 470.00 | 1,544,808 | |
07/31/2023 | 474.00 | 484.50 | 458.50 | 458.50 | 3,048,174 |
| 462.00 | 467.00 | 448.50 | 449.00 | 1,336,159 |
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Andes Technology Trading Date Momentum on July 31, 2023
| On August 01 2023 Andes Technology Corp was traded for 449.00 at the closing time. The highest price during the trading period was 467.00 and the lowest recorded bid was listed for 448.50 . The volume for the day was 1.3 M. This history from August 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.07% . The overall trading delta to the current price is 10.36% . |
Andes Technology Corp Fundamentals Correlations and Trends
By evaluating Andes 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 Andes Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Andes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Andes Technology Stock history
Andes 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 Andes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Andes 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 Andes Technology stock prices may prove useful in developing a viable investing in Andes Technology
Andes Technology Stock Technical Analysis
Andes 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
Andes Technology Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Andes 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.
Andes Technology December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Andes 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 Andes Technology shares will generate the highest return on investment. By undertsting and applying Andes Technology stock market strength indicators, traders can identify Andes Technology Corp entry and exit signals to maximize returns
Andes Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Andes Technology's price direction in advance. Along with the technical and fundamental analysis of Andes Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Andes 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 | 0.1062 | |||
| Jensen Alpha | 0.2822 | |||
| Total Risk Alpha | 0.1737 | |||
| Sortino Ratio | 0.1126 | |||
| Treynor Ratio | (0.92) |
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Additional Tools for Andes Stock Analysis
When running Andes Technology's price analysis, check to measure Andes 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 Andes Technology is operating at the current time. Most of Andes Technology's value examination focuses on studying past and present price action to predict the probability of Andes 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 Andes Technology's price. Additionally, you may evaluate how the addition of Andes Technology to your portfolios can decrease your overall portfolio volatility.