E Ink (Taiwan) Price on September 23, 2024
| 8069 Stock | TWD 281.00 0.50 0.18% |
If you're considering investing in 8069 Stock, it is important to understand the factors that can impact its price. As of today, the current price of E Ink stands at 281.00, as last reported on the 2nd of December, with the highest price reaching 286.00 and the lowest price hitting 276.50 during the day. E Ink Holdings secures Sharpe Ratio (or Efficiency) of -0.0372, which denotes the company had a -0.0372% return per unit of return volatility over the last 3 months. E Ink Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E Ink's mean deviation of 1.6, and Standard Deviation of 2.04 to check the risk estimate we provide.
8069 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
8069 |
Sharpe Ratio = -0.0372
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 8069 |
Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average E Ink 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 E Ink by adding E Ink to a well-diversified portfolio.
E Ink Valuation on September 23, 2024
It is possible to determine the worth of E Ink on a given historical date. On September 23, 2024 8069 was worth 315.0 at the beginning of the trading date compared to the closed value of 311.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of E Ink stock. Still, in general, we apply an absolute valuation method to find E Ink'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 E Ink where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against E Ink's related companies.
| Open | High | Low | Close | Volume | |
| 304.00 | 311.50 | 300.50 | 311.00 | 6,644,468 | |
09/23/2024 | 315.00 | 315.00 | 305.50 | 311.00 | 5,079,000 |
| 314.50 | 321.00 | 312.50 | 316.00 | 9,353,162 |
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E Ink Trading Date Momentum on September 23, 2024
| On September 24 2024 E Ink Holdings was traded for 316.00 at the closing time. The highest price during the trading period was 321.00 and the lowest recorded bid was listed for 312.50 . The volume for the day was 9.4 M. This history from September 24, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.61% . The overall trading delta to the current price is 4.18% . |
E Ink Holdings Fundamentals Correlations and Trends
By evaluating E Ink'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 E Ink's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 8069 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About E Ink Stock history
E Ink 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 8069 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in E Ink Holdings 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 E Ink stock prices may prove useful in developing a viable investing in E Ink
E Ink Stock Technical Analysis
E Ink 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
E Ink Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
E Ink Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
E Ink December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how E Ink stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading E Ink shares will generate the highest return on investment. By undertsting and applying E Ink stock market strength indicators, traders can identify E Ink Holdings entry and exit signals to maximize returns
E Ink Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for E Ink's price direction in advance. Along with the technical and fundamental analysis of 8069 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 8069 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 | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.28) |
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Additional Tools for 8069 Stock Analysis
When running E Ink's price analysis, check to measure E Ink'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 E Ink is operating at the current time. Most of E Ink's value examination focuses on studying past and present price action to predict the probability of E Ink's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E Ink's price. Additionally, you may evaluate how the addition of E Ink to your portfolios can decrease your overall portfolio volatility.