Compal Electronics (Taiwan) Price on November 4, 2024
| 2324 Stock | TWD 36.85 0.15 0.41% |
If you're considering investing in Compal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Compal Electronics stands at 36.85, as last reported on the 1st of December, with the highest price reaching 37.25 and the lowest price hitting 36.40 during the day. At this stage we consider Compal Stock to be very steady. Compal Electronics secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Compal Electronics, which you can use to evaluate the volatility of the firm. Please confirm Compal Electronics' Downside Deviation of 1.23, risk adjusted performance of 0.0929, and Mean Deviation of 1.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
Compal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Compal |
Sharpe Ratio = 0.1174
| Best Portfolio | Best Equity | |||
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| Small Returns | 2324 | |||
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Estimated Market Risk
| 1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Compal Electronics is performing at about 9% 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 Compal Electronics by adding it to a well-diversified portfolio.
Compal Electronics Valuation on November 4, 2024
It is possible to determine the worth of Compal Electronics on a given historical date. On November 4, 2024 Compal was worth 36.0 at the beginning of the trading date compared to the closed value of 36.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Compal Electronics stock. Still, in general, we apply an absolute valuation method to find Compal 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 Compal Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Compal Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 34.30 | 36.20 | 34.25 | 36.10 | 19,460,736 | |
11/04/2024 | 36.00 | 36.30 | 35.85 | 36.05 | 9,704,899 |
| 36.05 | 36.40 | 35.90 | 36.40 | 14,085,198 |
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Compal Electronics Trading Date Momentum on November 4, 2024
| On November 05 2024 Compal Electronics was traded for 36.40 at the closing time. The highest price during the trading period was 36.40 and the lowest recorded bid was listed for 35.90 . The volume for the day was 14.1 M. This history from November 5, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.97% . The overall trading delta to the current price is 5.96% . |
Compal Electronics Fundamentals Correlations and Trends
By evaluating Compal 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 Compal Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Compal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Compal Electronics Stock history
Compal 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 Compal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Compal 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 Compal Electronics stock prices may prove useful in developing a viable investing in Compal Electronics
Compal Electronics, Inc. manufacturers and sells notebook PCs, LCD products, smart devices, and data center equipment worldwide. The company was founded in 1984 and is headquartered in Taipei City, Taiwan. COMPAL ELECTRONICS operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange.
Compal Electronics Stock Technical Analysis
Compal 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.
Price Boundaries
Compal Electronics Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Compal 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.
Compal Electronics December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Compal 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 Compal Electronics shares will generate the highest return on investment. By undertsting and applying Compal Electronics stock market strength indicators, traders can identify Compal Electronics entry and exit signals to maximize returns
Compal Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Compal Electronics' price direction in advance. Along with the technical and fundamental analysis of Compal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Compal 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 | 0.0929 | |||
| Jensen Alpha | 0.0805 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0231 | |||
| Treynor Ratio | 0.2636 |
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| Volume Indicators |
Additional Tools for Compal Stock Analysis
When running Compal Electronics' price analysis, check to measure Compal 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 Compal Electronics is operating at the current time. Most of Compal Electronics' value examination focuses on studying past and present price action to predict the probability of Compal Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compal Electronics' price. Additionally, you may evaluate how the addition of Compal Electronics to your portfolios can decrease your overall portfolio volatility.