Delta Electronics (Taiwan) Price on September 11, 2024

2308 Stock  TWD 393.50  0.50  0.13%   
If you're considering investing in Delta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Delta Electronics stands at 393.50, as last reported on the 26th of November, with the highest price reaching 400.00 and the lowest price hitting 393.50 during the day. Delta Electronics secures Sharpe Ratio (or Efficiency) of -0.0045, which denotes the company had a -0.0045% return per unit of risk over the last 3 months. Delta Electronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Delta Electronics' Standard Deviation of 1.99, mean deviation of 1.4, and Variance of 3.95 to check the risk estimate we provide.
  
Delta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0045

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Estimated Market Risk

 1.99
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Delta Electronics 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 Delta Electronics by adding Delta Electronics to a well-diversified portfolio.

Delta Electronics Valuation on September 11, 2024

It is possible to determine the worth of Delta Electronics on a given historical date. On September 11, 2024 Delta was worth 365.0 at the beginning of the trading date compared to the closed value of 364.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Delta Electronics stock. Still, in general, we apply an absolute valuation method to find Delta Electronics' 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 Delta Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Delta Electronics' related companies.
 Open High Low Close Volume
  366.50    371.50    365.50    369.00    7,352,526  
09/11/2024
  365.00    369.00    360.50    364.50    8,500,722  
  377.00    389.50    376.00    389.00    9,084,154  
Backtest Delta Electronics  |  Delta Electronics History  |  Delta Electronics Valuation   PreviousNext  
Open Value
365.0
359.04
Downside
364.5
Closing Value
370.96
Upside

Delta Electronics Trading Date Momentum on September 11, 2024

On September 12 2024 Delta Electronics was traded for  389.00  at the closing time. The highest price during the trading period was 389.50  and the lowest recorded bid was listed for  376.00 . The volume for the day was 9.1 M. This history from September 12, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 6.72% . The overall trading delta to the current price is 7.68% .

Delta Electronics Fundamentals Correlations and Trends

By evaluating Delta Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Delta Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Delta financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Delta Electronics Stock history

Delta Electronics 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 Delta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Delta Electronics 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 Delta Electronics stock prices may prove useful in developing a viable investing in Delta Electronics
Delta Electronics, Inc. provides power and thermal management solutions in Mainland China, the United States, Taiwan, and internationally. Delta Electronics, Inc. was founded in 1971 and is headquartered in Taipei, Taiwan. DELTA ELECTRONIC operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.

Delta Electronics Stock Technical Analysis

Delta Electronics 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.
A focus of Delta Electronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Delta Electronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Delta Electronics Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Delta Electronics 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.

Delta Electronics November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Delta Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delta Electronics shares will generate the highest return on investment. By undertsting and applying Delta Electronics stock market strength indicators, traders can identify Delta Electronics entry and exit signals to maximize returns

Delta Electronics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Delta Electronics' price direction in advance. Along with the technical and fundamental analysis of Delta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Delta 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.

Additional Tools for Delta Stock Analysis

When running Delta Electronics' price analysis, check to measure Delta Electronics' 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 Delta Electronics is operating at the current time. Most of Delta Electronics' value examination focuses on studying past and present price action to predict the probability of Delta Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Electronics' price. Additionally, you may evaluate how the addition of Delta Electronics to your portfolios can decrease your overall portfolio volatility.