Rectron (Taiwan) Price on November 19, 2024
| 2302 Stock | TWD 18.40 0.35 1.87% |
If you're considering investing in Rectron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rectron stands at 18.40, as last reported on the 28th of November, with the highest price reaching 19.00 and the lowest price hitting 18.30 during the day. At this stage we consider Rectron Stock to be not too volatile. Rectron maintains Sharpe Ratio (i.e., Efficiency) of 0.0516, which implies the firm had a 0.0516% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rectron, which you can use to evaluate the volatility of the company. Please check Rectron's Risk Adjusted Performance of 0.0518, coefficient of variation of 1713.63, and Semi Deviation of 2.18 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
Rectron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rectron |
Sharpe Ratio = 0.0516
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | 2302 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Rectron is performing at about 4% 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 Rectron by adding it to a well-diversified portfolio.
Rectron Valuation on November 19, 2024
It is possible to determine the worth of Rectron on a given historical date. On November 19, 2024 Rectron was worth 18.05 at the beginning of the trading date compared to the closed value of 18.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rectron stock. Still, in general, we apply an absolute valuation method to find Rectron'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 Rectron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rectron's related companies.
| Open | High | Low | Close | Volume | |
| 18.35 | 18.55 | 17.95 | 18.00 | 450,752 | |
11/19/2024 | 18.05 | 18.35 | 17.90 | 18.30 | 238,336 |
| 18.50 | 18.50 | 17.95 | 18.15 | 988,241 |
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Rectron Trading Date Momentum on November 19, 2024
| On November 20 2024 Rectron was traded for 18.15 at the closing time. The highest price during the trading period was 18.50 and the lowest recorded bid was listed for 17.95 . The volume for the day was 988.2 K. This history from November 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.82% . The trading delta at closing time to the current price is 3.55% . |
Rectron Fundamentals Correlations and Trends
By evaluating Rectron'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 Rectron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rectron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rectron Stock history
Rectron 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 Rectron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rectron 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 Rectron stock prices may prove useful in developing a viable investing in Rectron
Rectron Limited manufactures and sells discrete semiconductors in Taiwan and internationally. Rectron Limited was founded in 1976 and is based in New Taipei City, Taiwan. RECTRON operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.
Rectron Stock Technical Analysis
Rectron 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
Rectron Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Rectron 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.
Rectron November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Rectron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rectron shares will generate the highest return on investment. By undertsting and applying Rectron stock market strength indicators, traders can identify Rectron entry and exit signals to maximize returns
Rectron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rectron's price direction in advance. Along with the technical and fundamental analysis of Rectron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rectron 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 | 0.0518 | |||
| Jensen Alpha | 0.0553 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0116 | |||
| Treynor Ratio | 0.1876 |
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Additional Tools for Rectron Stock Analysis
When running Rectron's price analysis, check to measure Rectron'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 Rectron is operating at the current time. Most of Rectron's value examination focuses on studying past and present price action to predict the probability of Rectron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rectron's price. Additionally, you may evaluate how the addition of Rectron to your portfolios can decrease your overall portfolio volatility.