Xxentria Technology (Taiwan) Price on August 23, 2023
8942 Stock | TWD 56.40 0.20 0.36% |
If you're considering investing in Xxentria Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xxentria Technology stands at 56.40, as last reported on the 2nd of December, with the highest price reaching 56.90 and the lowest price hitting 56.10 during the day. Xxentria Technology shows Sharpe Ratio of -0.15, which attests that the company had a -0.15% return per unit of risk over the last 3 months. Xxentria Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xxentria Technology's Market Risk Adjusted Performance of (2.98), standard deviation of 0.9849, and Mean Deviation of 0.7016 to validate the risk estimate we provide.
Xxentria Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xxentria |
Sharpe Ratio = -0.1543
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Estimated Market Risk
0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Xxentria 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 Xxentria Technology by adding Xxentria Technology to a well-diversified portfolio.
Xxentria Technology Valuation on August 23, 2023
It is possible to determine the worth of Xxentria Technology on a given historical date. On August 23, 2023 Xxentria was worth 64.13 at the beginning of the trading date compared to the closed value of 63.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xxentria Technology stock. Still, in general, we apply an absolute valuation method to find Xxentria 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 Xxentria Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xxentria Technology's related companies.
Open | High | Low | Close | Volume | |
65.08 | 65.08 | 63.70 | 64.04 | 541,730 | |
08/23/2023 | 64.13 | 64.13 | 63.27 | 63.70 | 457,800 |
63.52 | 63.78 | 62.49 | 62.83 | 878,540 |
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Xxentria Technology Trading Date Momentum on August 23, 2023
On August 24 2023 Xxentria Technology Materials was traded for 62.83 at the closing time. The highest price during the trading period was 63.78 and the lowest recorded bid was listed for 62.49 . The volume for the day was 878.5 K. This history from August 24, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.37% . The trading price change to the current price is 2.72% . |
Xxentria Technology Fundamentals Correlations and Trends
By evaluating Xxentria 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 Xxentria Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xxentria financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xxentria Technology Stock history
Xxentria 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 Xxentria is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xxentria 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 Xxentria Technology stock prices may prove useful in developing a viable investing in Xxentria Technology
Xxentria Technology Materials Co., Ltd. manufactures and sells metal composite materials worldwide. The company was founded in 1994 and is headquartered in Tainan, Taiwan. XXENTRIA TECHNOLOGY operates under Aluminum classification in Taiwan and is traded on Taiwan OTC Exchange.
Xxentria Technology Stock Technical Analysis
Xxentria 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
Xxentria Technology Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Xxentria Technology Materials 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.
Xxentria Technology December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Xxentria 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 Xxentria Technology shares will generate the highest return on investment. By undertsting and applying Xxentria Technology stock market strength indicators, traders can identify Xxentria Technology Materials entry and exit signals to maximize returns
Xxentria Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xxentria Technology's price direction in advance. Along with the technical and fundamental analysis of Xxentria Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xxentria 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 | (0.09) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.30) | |||
Treynor Ratio | (2.99) |
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Additional Tools for Xxentria Stock Analysis
When running Xxentria Technology's price analysis, check to measure Xxentria 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 Xxentria Technology is operating at the current time. Most of Xxentria Technology's value examination focuses on studying past and present price action to predict the probability of Xxentria 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 Xxentria Technology's price. Additionally, you may evaluate how the addition of Xxentria Technology to your portfolios can decrease your overall portfolio volatility.