Microelectronics (Taiwan) Price on May 31, 2023
| 2314 Stock | TWD 30.20 0.40 1.31% |
If you're considering investing in Microelectronics Stock, it is important to understand the factors that can impact its price. As of today, the current price of Microelectronics stands at 30.20, as last reported on the 12th of December 2024, with the highest price reaching 30.80 and the lowest price hitting 30.20 during the day. At this stage we consider Microelectronics Stock to be very steady. Microelectronics Tec has Sharpe Ratio of 0.0039, which conveys that the firm had a 0.0039% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Microelectronics, which you can use to evaluate the volatility of the firm. Please verify Microelectronics' Downside Deviation of 2.08, mean deviation of 1.81, and Risk Adjusted Performance of 0.0435 to check out if the risk estimate we provide is consistent with the expected return of 0.0099%.
Microelectronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Microelectronics |
Sharpe Ratio = 0.0039
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| Negative Returns | 2314 |
Estimated Market Risk
| 2.54 actual daily | 22 78% 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 Microelectronics 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 Microelectronics by adding Microelectronics to a well-diversified portfolio.
Microelectronics Valuation on May 31, 2023
It is possible to determine the worth of Microelectronics on a given historical date. On May 31, 2023 Microelectronics was worth 46.25 at the beginning of the trading date compared to the closed value of 46.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Microelectronics stock. Still, in general, we apply an absolute valuation method to find Microelectronics' 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 Microelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Microelectronics' related companies.
| Open | High | Low | Close | Volume | |
| 46.50 | 46.50 | 45.75 | 45.75 | 632,366 | |
05/31/2023 | 46.25 | 46.35 | 45.90 | 46.00 | 746,443 |
| 46.45 | 46.95 | 46.05 | 46.80 | 930,967 |
| Backtest Microelectronics | | | Microelectronics History | | | Microelectronics Valuation | Previous | Next |
Microelectronics Trading Date Momentum on May 31, 2023
| On June 01 2023 Microelectronics Technology was traded for 46.80 at the closing time. The highest price during the trading period was 46.95 and the lowest recorded bid was listed for 46.05 . The volume for the day was 931 K. This history from June 1, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 1.74% . The trading delta at closing time to the current price is 0.22% . |
Microelectronics Tec Fundamentals Correlations and Trends
By evaluating Microelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Microelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Microelectronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Microelectronics Stock history
Microelectronics 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 Microelectronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Microelectronics Tec 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 Microelectronics stock prices may prove useful in developing a viable investing in Microelectronics
Microelectronics Technology Inc. designs, manufactures, and sells microwave and satellite communication products in Taiwan and internationally. The company was founded in 1983 and is headquartered in Hsinchu, Taiwan. MICROELECTRONICS operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.
Microelectronics Stock Technical Analysis
Microelectronics 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
Microelectronics Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Microelectronics Technology 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.
Microelectronics December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Microelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Microelectronics shares will generate the highest return on investment. By undertsting and applying Microelectronics stock market strength indicators, traders can identify Microelectronics Technology entry and exit signals to maximize returns
Microelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Microelectronics' price direction in advance. Along with the technical and fundamental analysis of Microelectronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Microelectronics 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 | 0.0435 | |||
| Jensen Alpha | 0.0412 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0125 | |||
| Treynor Ratio | 0.1503 |
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Additional Tools for Microelectronics Stock Analysis
When running Microelectronics' price analysis, check to measure Microelectronics' 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 Microelectronics is operating at the current time. Most of Microelectronics' value examination focuses on studying past and present price action to predict the probability of Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microelectronics' price. Additionally, you may evaluate how the addition of Microelectronics to your portfolios can decrease your overall portfolio volatility.