Sun Max (Taiwan) Price on November 29, 2024
| 6591 Stock | 51.00 0.40 0.78% |
If you're considering investing in Sun Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sun Max stands at 51.00, as last reported on the 13th of December 2024, with the highest price reaching 52.30 and the lowest price hitting 50.80 during the day. At this stage we consider Sun Stock to be very steady. Sun Max Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0364, which indicates the firm had a 0.0364% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sun Max Tech, which you can use to evaluate the volatility of the company. Please validate Sun Max's Semi Deviation of 2.04, coefficient of variation of 1715.19, and Risk Adjusted Performance of 0.0486 to confirm if the risk estimate we provide is consistent with the expected return of 0.073%.
Sun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sun |
Sharpe Ratio = 0.0364
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| Cash | Small Risk | 6591 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Sun Max is performing at about 2% 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 Sun Max by adding it to a well-diversified portfolio.
Sun Max Valuation on November 29, 2024
It is possible to determine the worth of Sun Max on a given historical date. On November 29, 2024 Sun was worth 50.8 at the beginning of the trading date compared to the closed value of 51.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sun Max stock. Still, in general, we apply an absolute valuation method to find Sun Max'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 Sun Max where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sun Max's related companies.
| Open | High | Low | Close | Volume | |
| 53.00 | 53.00 | 50.50 | 51.00 | 242,280 | |
11/29/2024 | 50.80 | 51.60 | 50.50 | 51.60 | 86,497 |
| 52.10 | 52.80 | 51.60 | 52.70 | 145,961 |
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Sun Max Trading Date Momentum on November 29, 2024
| On December 02 2024 Sun Max Tech was traded for 52.70 at the closing time. The highest price during the trading period was 52.80 and the lowest recorded bid was listed for 51.60 . The volume for the day was 146 K. This history from December 2, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.13% . The trading price change to the current price is 6.20% . |
Sun Max Tech Fundamentals Correlations and Trends
By evaluating Sun Max'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 Sun Max's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sun Max Stock history
Sun Max 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 Sun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sun Max Tech 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 Sun Max stock prices may prove useful in developing a viable investing in Sun Max
Sun Max Stock Technical Analysis
Sun Max 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
Sun Max Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Sun Max Tech 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.
Sun Max December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Sun Max stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sun Max shares will generate the highest return on investment. By undertsting and applying Sun Max stock market strength indicators, traders can identify Sun Max Tech entry and exit signals to maximize returns
Sun Max Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sun Max's price direction in advance. Along with the technical and fundamental analysis of Sun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sun 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 | 0.0486 | |||
| Jensen Alpha | 0.047 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.001 | |||
| Treynor Ratio | 0.1856 |
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Additional Tools for Sun Stock Analysis
When running Sun Max's price analysis, check to measure Sun Max'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 Sun Max is operating at the current time. Most of Sun Max's value examination focuses on studying past and present price action to predict the probability of Sun Max's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Max's price. Additionally, you may evaluate how the addition of Sun Max to your portfolios can decrease your overall portfolio volatility.