Airtac International (Taiwan) Price on November 15, 2024
| 1590 Stock | TWD 790.00 11.00 1.37% |
If you're considering investing in Airtac Stock, it is important to understand the factors that can impact its price. As of today, the current price of Airtac International stands at 790.00, as last reported on the 1st of December, with the highest price reaching 799.00 and the lowest price hitting 779.00 during the day. Airtac International secures Sharpe Ratio (or Efficiency) of -0.0351, which signifies that the company had a -0.0351% return per unit of risk over the last 3 months. Airtac International Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Airtac International's Mean Deviation of 1.86, standard deviation of 2.82, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Airtac Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Airtac |
Sharpe Ratio = -0.0351
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1590 |
Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.1 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 Airtac International 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 Airtac International by adding Airtac International to a well-diversified portfolio.
Airtac International Valuation on November 15, 2024
It is possible to determine the worth of Airtac International on a given historical date. On November 15, 2024 Airtac was worth 859.0 at the beginning of the trading date compared to the closed value of 847.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Airtac International stock. Still, in general, we apply an absolute valuation method to find Airtac International'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 Airtac International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Airtac International's related companies.
| Open | High | Low | Close | Volume | |
| 870.00 | 887.00 | 853.00 | 859.00 | 533,620 | |
11/15/2024 | 859.00 | 867.00 | 845.00 | 847.00 | 762,352 |
| 846.00 | 849.00 | 830.00 | 840.00 | 917,857 |
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Airtac International Trading Date Momentum on November 15, 2024
| On November 18 2024 Airtac International Group was traded for 840.00 at the closing time. The highest price during the trading period was 849.00 and the lowest recorded bid was listed for 830.00 . The volume for the day was 917.9 K. This history from November 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.83% . The overall trading delta to the current price is 1.06% . |
Airtac International Fundamentals Correlations and Trends
By evaluating Airtac International'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 Airtac International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Airtac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Airtac International Stock history
Airtac International 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 Airtac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Airtac International 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 Airtac International stock prices may prove useful in developing a viable investing in Airtac International
AirTAC International Group, through its subsidiaries, manufactures and supplies pneumatic equipment worldwide. The company was founded in 1988 and is headquartered in Taipei City, Taiwan. AIRTAC INTERNATIONAL operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange.
Airtac International Stock Technical Analysis
Airtac International 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
Airtac International Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Airtac International Group 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.
Airtac International December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Airtac International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Airtac International shares will generate the highest return on investment. By undertsting and applying Airtac International stock market strength indicators, traders can identify Airtac International Group entry and exit signals to maximize returns
Airtac International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Airtac International's price direction in advance. Along with the technical and fundamental analysis of Airtac Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Airtac 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 | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.21) |
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Additional Tools for Airtac Stock Analysis
When running Airtac International's price analysis, check to measure Airtac International'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 Airtac International is operating at the current time. Most of Airtac International's value examination focuses on studying past and present price action to predict the probability of Airtac International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airtac International's price. Additionally, you may evaluate how the addition of Airtac International to your portfolios can decrease your overall portfolio volatility.