Tecom (Taiwan) Price on May 9, 2023
| 2321 Stock | TWD 16.15 0.75 4.87% |
If you're considering investing in Tecom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tecom stands at 16.15, as last reported on the 27th of November, with the highest price reaching 16.15 and the lowest price hitting 14.65 during the day. At this stage we consider Tecom Stock to be out of control. Tecom owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0286, which indicates the firm had a 0.0286% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tecom Co, which you can use to evaluate the volatility of the company. Please validate Tecom's Coefficient Of Variation of 3501.16, risk adjusted performance of 0.03, and Semi Deviation of 3.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Tecom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tecom |
Sharpe Ratio = 0.0286
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| Cash | Small Risk | Average Risk | 2321 | Huge Risk |
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Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Tecom is performing at about 2% 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 Tecom by adding it to a well-diversified portfolio.
Tecom Valuation on May 9, 2023
It is possible to determine the worth of Tecom on a given historical date. On May 9, 2023 Tecom was worth 19.55 at the beginning of the trading date compared to the closed value of 19.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tecom stock. Still, in general, we apply an absolute valuation method to find Tecom'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 Tecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tecom's related companies.
| Open | High | Low | Close | Volume | |
| 20.00 | 20.00 | 19.55 | 19.55 | 29,251 | |
05/09/2023 | 19.55 | 19.55 | 19.55 | 19.55 | 1.00 |
| 19.55 | 19.55 | 19.55 | 19.55 | 1.00 |
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Tecom Trading Date Momentum on May 9, 2023
| On May 10 2023 Tecom Co was traded for 19.55 at the closing time. The highest price during the trading period was 19.55 and the lowest recorded bid was listed for 19.55 . There was no trading activity during the period 1.0. Lack of trading volume on May 10, 2023 did not result in any price rise and fall. The trading price change to the current price is 5.12% . |
Tecom Fundamentals Correlations and Trends
By evaluating Tecom'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 Tecom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tecom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tecom Stock history
Tecom 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 Tecom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tecom 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 Tecom stock prices may prove useful in developing a viable investing in Tecom
Tecom Co., Ltd. manufactures and markets telecommunications equipment for enterprise, carrier, and consumer markets in Taiwan and internationally. Tecom Co., Ltd. was founded in 1980 and is headquartered in Hsinchu, Taiwan. TECOM CO operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.
Tecom Stock Technical Analysis
Tecom 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
Tecom Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Tecom Co 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.
Tecom November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Tecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tecom shares will generate the highest return on investment. By undertsting and applying Tecom stock market strength indicators, traders can identify Tecom Co entry and exit signals to maximize returns
Tecom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tecom's price direction in advance. Along with the technical and fundamental analysis of Tecom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tecom 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 | 0.03 | |||
| Jensen Alpha | 0.2286 | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.11) |
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Additional Tools for Tecom Stock Analysis
When running Tecom's price analysis, check to measure Tecom'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 Tecom is operating at the current time. Most of Tecom's value examination focuses on studying past and present price action to predict the probability of Tecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecom's price. Additionally, you may evaluate how the addition of Tecom to your portfolios can decrease your overall portfolio volatility.