Orient Semiconductor (Taiwan) Price on September 23, 2024
2329 Stock | TWD 36.70 0.30 0.81% |
If you're considering investing in Orient Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orient Semiconductor stands at 36.70, as last reported on the 27th of November, with the highest price reaching 37.40 and the lowest price hitting 36.65 during the day. Orient Semiconductor maintains Sharpe Ratio (i.e., Efficiency) of -0.0544, which implies the firm had a -0.0544% return per unit of risk over the last 3 months. Orient Semiconductor exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orient Semiconductor's Risk Adjusted Performance of (0.04), variance of 7.87, and Coefficient Of Variation of (1,604) to confirm the risk estimate we provide.
Orient Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orient |
Sharpe Ratio = -0.0544
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 2329 |
Estimated Market Risk
2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orient Semiconductor 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 Orient Semiconductor by adding Orient Semiconductor to a well-diversified portfolio.
Orient Semiconductor Valuation on September 23, 2024
It is possible to determine the worth of Orient Semiconductor on a given historical date. On September 23, 2024 Orient was worth 39.6 at the beginning of the trading date compared to the closed value of 39.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orient Semiconductor stock. Still, in general, we apply an absolute valuation method to find Orient Semiconductor'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 Orient Semiconductor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orient Semiconductor's related companies.
Open | High | Low | Close | Volume | |
39.70 | 39.90 | 39.05 | 39.15 | 1,918,056 | |
09/23/2024 | 39.60 | 39.70 | 39.10 | 39.10 | 1,355,609 |
39.25 | 39.25 | 38.75 | 39.10 | 1,309,696 |
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Orient Semiconductor Trading Date Momentum on September 23, 2024
On September 24 2024 Orient Semiconductor Electronics was traded for 39.10 at the closing time. The highest price during the trading period was 39.25 and the lowest recorded bid was listed for 38.75 . The volume for the day was 1.3 M. This history from September 24, 2024 did not cause price change. The trading delta at closing time to the current price is 3.32% . |
Orient Semiconductor Fundamentals Correlations and Trends
By evaluating Orient Semiconductor'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 Orient Semiconductor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orient financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orient Semiconductor Stock history
Orient Semiconductor 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 Orient is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orient Semiconductor 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 Orient Semiconductor stock prices may prove useful in developing a viable investing in Orient Semiconductor
Orient Semiconductor Electronics, Ltd. provides IC packaging and testing services, and electronics manufacturing services in Taiwan, China, the Philippines, the United States, and internationally. Orient Semiconductor Electronics, Ltd. was founded in 1971 and is headquartered in Kaohsiung, Taiwan. ORIENT SEMICONDUCTOR operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 6677 people.
Orient Semiconductor Stock Technical Analysis
Orient Semiconductor 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
Orient Semiconductor Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Orient Semiconductor 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.
Orient Semiconductor November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Orient Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orient Semiconductor shares will generate the highest return on investment. By undertsting and applying Orient Semiconductor stock market strength indicators, traders can identify Orient Semiconductor Electronics entry and exit signals to maximize returns
Orient Semiconductor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orient Semiconductor's price direction in advance. Along with the technical and fundamental analysis of Orient Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orient 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 | (0.04) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | (0.90) |
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Additional Tools for Orient Stock Analysis
When running Orient Semiconductor's price analysis, check to measure Orient Semiconductor'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 Orient Semiconductor is operating at the current time. Most of Orient Semiconductor's value examination focuses on studying past and present price action to predict the probability of Orient Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orient Semiconductor's price. Additionally, you may evaluate how the addition of Orient Semiconductor to your portfolios can decrease your overall portfolio volatility.