Novatek Microelectronics Stock Analysis - Period Momentum Indicator
| 3034 Stock | TWD 498.00 45.00 9.93% |
Period Momentum Indicator measures the change between the current price and an earlier reference price, showing the speed of recent movement.
Period Momentum Indicator Analysis Today
Period Momentum Indicator measures the change between the current price and an earlier reference price, showing the speed of recent movement. The current Period Momentum Indicator for Novatek Microelectronics Corp is 45.0. This reading indicates elevated price movement across the session.| Volatility | Backtest | Information Ratio |
Novatek Microelectronics Trading Date Momentum
| On May 09 2026 Novatek Microelectronics Corp was traded for 498.00 at the closing time. The highest price during the trading period was 498.00 and the lowest recorded bid was listed for 455.50 . Trading activity remained within a narrow range during the period. Price movement on May 9, 2026 remained within defined bounds. The trading delta at closing time to the current price is -6.83% . |
Sustained high positive momentum indicates strong upward velocity; sustained negative momentum indicates persistent selling pressure. Extreme readings over extended periods may indicate overbought or oversold conditions.
| Compare Novatek Microelectronics to competition |
Related Price-Series Methods for Novatek Microelectronics Corp
These methods summarize the same price history through smoothing, range, and momentum calculations. Reviewing them alongside Period Momentum Indicator helps compare stable sessions with periods of wider price movement in Novatek Microelectronics Corp.Novatek Microelectronics Related Equities
These firms work in a similar space as Novatek Microelectronics within the Information Technology space and serve as useful points for comparison. Return on equity across these peers shows how well each firm turns capital into profit. Falling behind peers on key ratios may signal headwinds or execution issues worth looking into.
| Risk & Return | Correlation |
Novatek Microelectronics Market Strength Events
Market strength indicators for Novatek Microelectronics quantify how the stock responds to shifts in volume and sentiment. These indicators capture shifts in momentum that may precede significant price moves in Novatek Microelectronics. The Market Facilitation Index measures how efficiently price moves relative to volume — rising MFI with rising volume signals strong trend participation. Monitoring these indicators for Novatek Microelectronics through complete market cycles reveals recurring patterns.
Novatek Microelectronics Risk Indicators
Analyzing Novatek Microelectronics' risk indicators separates symmetric price swings from asymmetric downside exposure. Understanding and quantifying the risks present in Novatek Microelectronics helps place recent price behavior in context. These metrics are most informative when compared against similar equities with comparable growth profiles and market capitalization. When semi-deviation is high relative to standard deviation, Novatek Microelectronics' losses have been disproportionately large compared to gains.
| Mean Deviation | 1.69 | |||
| Semi Deviation | 1.79 | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.83 | |||
| Downside Variance | 5.92 | |||
| Semi Variance | 3.22 | |||
| Expected Short fall | -1.81 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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