Hiwin Technologies (Taiwan) Price on October 25, 2024
| 2049 Stock | TWD 233.00 7.50 3.12% |
If you're considering investing in Hiwin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hiwin Technologies stands at 233.00, as last reported on the 26th of November, with the highest price reaching 238.00 and the lowest price hitting 232.50 during the day. Hiwin Technologies appears to be very steady, given 3 months investment horizon. Hiwin Technologies Corp holds Efficiency (Sharpe) Ratio of 0.0951, which attests that the entity had a 0.0951% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hiwin Technologies Corp, which you can use to evaluate the volatility of the firm. Please utilize Hiwin Technologies' Market Risk Adjusted Performance of 0.6046, risk adjusted performance of 0.0799, and Downside Deviation of 2.17 to validate if our risk estimates are consistent with your expectations.
Hiwin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hiwin |
Sharpe Ratio = 0.0951
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| Small Returns | 2049 | |||
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Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Hiwin Technologies is performing at about 7% 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 Hiwin Technologies by adding it to a well-diversified portfolio.
Hiwin Technologies Valuation on October 25, 2024
It is possible to determine the worth of Hiwin Technologies on a given historical date. On October 25, 2024 Hiwin was worth 233.0 at the beginning of the trading date compared to the closed value of 237.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hiwin Technologies stock. Still, in general, we apply an absolute valuation method to find Hiwin Technologies' 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 Hiwin Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hiwin Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 239.00 | 241.00 | 232.00 | 233.00 | 3,317,928 | |
10/25/2024 | 233.00 | 239.50 | 232.00 | 237.00 | 1,453,308 |
| 239.00 | 244.00 | 235.00 | 236.50 | 3,045,431 |
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Hiwin Technologies Trading Date Momentum on October 25, 2024
| On October 28 2024 Hiwin Technologies Corp was traded for 236.50 at the closing time. The highest price during the trading period was 244.00 and the lowest recorded bid was listed for 235.00 . The volume for the day was 3 M. This history from October 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.21% . The trading delta at closing time to the current price is 0.84% . |
Hiwin Technologies Corp Fundamentals Correlations and Trends
By evaluating Hiwin Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hiwin Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hiwin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hiwin Technologies Stock history
Hiwin Technologies 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 Hiwin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hiwin Technologies Corp 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 Hiwin Technologies stock prices may prove useful in developing a viable investing in Hiwin Technologies
Hiwin Technologies Corp. manufactures and sells motion control and systematic technology products worldwide. Hiwin Technologies Corp. was founded in 1989 and is headquartered in Taichung, Taiwan. HIWIN TECHNOLOGIES operates under Tools Accessories classification in Taiwan and is traded on Taiwan Stock Exchange.
Hiwin Technologies Stock Technical Analysis
Hiwin Technologies 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
Hiwin Technologies Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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Hiwin Technologies November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Hiwin Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hiwin Technologies shares will generate the highest return on investment. By undertsting and applying Hiwin Technologies stock market strength indicators, traders can identify Hiwin Technologies Corp entry and exit signals to maximize returns
Hiwin Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hiwin Technologies' price direction in advance. Along with the technical and fundamental analysis of Hiwin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hiwin 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 | 0.0799 | |||
| Jensen Alpha | 0.1802 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.049 | |||
| Treynor Ratio | 0.5946 |
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| Volume Indicators |
Additional Tools for Hiwin Stock Analysis
When running Hiwin Technologies' price analysis, check to measure Hiwin Technologies' 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 Hiwin Technologies is operating at the current time. Most of Hiwin Technologies' value examination focuses on studying past and present price action to predict the probability of Hiwin Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hiwin Technologies' price. Additionally, you may evaluate how the addition of Hiwin Technologies to your portfolios can decrease your overall portfolio volatility.