Depo Auto (Taiwan) Price on June 28, 2024

6605 Stock  TWD 220.50  0.50  0.23%   
If you're considering investing in Depo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Depo Auto stands at 220.50, as last reported on the 23rd of December, with the highest price reaching 221.50 and the lowest price hitting 219.00 during the day. Depo Auto Parts secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Depo Auto Parts exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Depo Auto's Standard Deviation of 1.83, mean deviation of 1.37, and Variance of 3.36 to check the risk estimate we provide.
  
Depo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1705

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns6605

Estimated Market Risk

 1.62
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.28
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Depo Auto 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 Depo Auto by adding Depo Auto to a well-diversified portfolio.

Depo Auto Valuation on June 28, 2024

It is possible to determine the worth of Depo Auto on a given historical date. On June 28, 2024 Depo was worth 243.5 at the beginning of the trading date compared to the closed value of 238.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Depo Auto stock. Still, in general, we apply an absolute valuation method to find Depo Auto'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 Depo Auto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Depo Auto's related companies.
 Open High Low Close Volume
  239.00    241.50    237.00    241.00    251,228  
06/28/2024
  243.50    243.50    237.50    238.50    329,035  
  238.50    249.00    238.50    247.00    489,416  
Backtest Depo Auto  |  Depo Auto History  |  Depo Auto Valuation   PreviousNext  
Open Value
243.5
238.63
Downside
238.5
Closing Value
248.37
Upside

Depo Auto Trading Date Momentum on June 28, 2024

On July 01 2024 Depo Auto Parts was traded for  247.00  at the closing time. The highest price during the trading period was 249.00  and the lowest recorded bid was listed for  238.50 . The volume for the day was 489.4 K. This history from July 1, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 3.56% . The overall trading delta to the current price is 2.53% .

Depo Auto Parts Fundamentals Correlations and Trends

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

About Depo Auto Stock history

Depo Auto 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 Depo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Depo Auto Parts 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 Depo Auto stock prices may prove useful in developing a viable investing in Depo Auto
Depo Auto Parts Industrial Co., Ltd. manufactures and sells automotive lighting products worldwide. Depo Auto Parts Industrial Co., Ltd. was founded in 1977 and is based in Taipei, Taiwan. DEPO AUTO operates under Auto Parts classification in Taiwan and is traded on Taiwan Stock Exchange.

Depo Auto Stock Technical Analysis

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

Depo Auto Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Depo Auto Parts 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.

Depo Auto December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Depo Auto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Depo Auto shares will generate the highest return on investment. By undertsting and applying Depo Auto stock market strength indicators, traders can identify Depo Auto Parts entry and exit signals to maximize returns

Depo Auto Technical and Predictive Indicators

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

When running Depo Auto's price analysis, check to measure Depo Auto'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 Depo Auto is operating at the current time. Most of Depo Auto's value examination focuses on studying past and present price action to predict the probability of Depo Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Depo Auto's price. Additionally, you may evaluate how the addition of Depo Auto to your portfolios can decrease your overall portfolio volatility.