Fulltech Fiber (Taiwan) Price on August 16, 2023
1815 Stock | TWD 28.35 0.60 2.16% |
If you're considering investing in Fulltech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fulltech Fiber stands at 28.35, as last reported on the 1st of December, with the highest price reaching 28.70 and the lowest price hitting 27.20 during the day. Fulltech Fiber appears to be not too volatile, given 3 months investment horizon. Fulltech Fiber Glass secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fulltech Fiber Glass, which you can use to evaluate the volatility of the firm. Please utilize Fulltech Fiber's Mean Deviation of 2.6, downside deviation of 3.04, and Coefficient Of Variation of 898.81 to check if our risk estimates are consistent with your expectations.
Fulltech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fulltech |
Sharpe Ratio = 0.1028
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Estimated Market Risk
3.69 actual daily | 32 68% of assets are more volatile |
Expected Return
0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fulltech Fiber is performing at about 8% of its full potential. 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 Fulltech Fiber by adding it to a well-diversified portfolio.
Fulltech Fiber Valuation on August 16, 2023
It is possible to determine the worth of Fulltech Fiber on a given historical date. On August 16, 2023 Fulltech was worth 13.0 at the beginning of the trading date compared to the closed value of 12.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fulltech Fiber stock. Still, in general, we apply an absolute valuation method to find Fulltech Fiber'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 Fulltech Fiber where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fulltech Fiber's related companies.
Open | High | Low | Close | Volume | |
13.10 | 13.25 | 13.00 | 13.15 | 1,986,000 | |
08/16/2023 | 13.00 | 13.15 | 12.75 | 12.95 | 1,379,000 |
12.85 | 13.65 | 12.75 | 13.60 | 5,121,000 |
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Fulltech Fiber Trading Date Momentum on August 16, 2023
On August 17 2023 Fulltech Fiber Glass was traded for 13.60 at the closing time. The highest price during the trading period was 13.65 and the lowest recorded bid was listed for 12.75 . The volume for the day was 5.1 M. This history from August 17, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 5.02% . The overall trading delta to the current price is 1.54% . |
Fulltech Fiber Glass Fundamentals Correlations and Trends
By evaluating Fulltech Fiber'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 Fulltech Fiber's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fulltech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fulltech Fiber Stock history
Fulltech Fiber 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 Fulltech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fulltech Fiber Glass 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 Fulltech Fiber stock prices may prove useful in developing a viable investing in Fulltech Fiber
Fulltech Fiber Glass Corp. produces and sells fiber glass yarn and fabrics in Taiwan. The company was founded in 1999 and is based in Taipei, Taiwan. FULLTECH FIBER is traded on Taiwan OTC Exchange in Taiwan.
Fulltech Fiber Stock Technical Analysis
Fulltech Fiber 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
Fulltech Fiber Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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Fulltech Fiber December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Fulltech Fiber stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fulltech Fiber shares will generate the highest return on investment. By undertsting and applying Fulltech Fiber stock market strength indicators, traders can identify Fulltech Fiber Glass entry and exit signals to maximize returns
Fulltech Fiber Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fulltech Fiber's price direction in advance. Along with the technical and fundamental analysis of Fulltech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fulltech 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 | 0.0929 | |||
Jensen Alpha | 0.4394 | |||
Total Risk Alpha | (0.21) | |||
Sortino Ratio | 0.0878 | |||
Treynor Ratio | (1.12) |
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Additional Tools for Fulltech Stock Analysis
When running Fulltech Fiber's price analysis, check to measure Fulltech Fiber'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 Fulltech Fiber is operating at the current time. Most of Fulltech Fiber's value examination focuses on studying past and present price action to predict the probability of Fulltech Fiber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulltech Fiber's price. Additionally, you may evaluate how the addition of Fulltech Fiber to your portfolios can decrease your overall portfolio volatility.