Inventec Corp (Taiwan) Price on November 25, 2024
| 2356 Stock | TWD 49.00 0.80 1.66% |
If you're considering investing in Inventec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Inventec Corp stands at 49.00, as last reported on the 1st of December, with the highest price reaching 49.40 and the lowest price hitting 47.80 during the day. At this stage we consider Inventec Stock to be very steady. Inventec Corp holds Efficiency (Sharpe) Ratio of 0.0608, which attests that the entity had a 0.0608% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Inventec Corp, which you can use to evaluate the volatility of the firm. Please check out Inventec Corp's Downside Deviation of 2.12, market risk adjusted performance of 0.2011, and Risk Adjusted Performance of 0.0402 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
Inventec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Inventec |
Sharpe Ratio = 0.0608
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Inventec Corp is performing at about 4% 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 Inventec Corp by adding it to a well-diversified portfolio.
Inventec Corp Valuation on November 25, 2024
It is possible to determine the worth of Inventec Corp on a given historical date. On November 25, 2024 Inventec was worth 50.9 at the beginning of the trading date compared to the closed value of 50.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inventec Corp stock. Still, in general, we apply an absolute valuation method to find Inventec Corp'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 Inventec Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inventec Corp's related companies.
| Open | High | Low | Close | Volume | |
| 51.90 | 52.20 | 50.70 | 50.70 | 46,998,358 | |
11/25/2024 | 50.90 | 51.30 | 50.20 | 50.20 | 31,126,997 |
| 49.85 | 51.40 | 49.60 | 50.80 | 29,066,457 |
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Inventec Corp Trading Date Momentum on November 25, 2024
| On November 26 2024 Inventec Corp was traded for 50.80 at the closing time. The highest price during the trading period was 51.40 and the lowest recorded bid was listed for 49.60 . The volume for the day was 29.1 M. This history from November 26, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.20% . The trading delta at closing time to the current price is 4.68% . |
Inventec Corp Fundamentals Correlations and Trends
By evaluating Inventec Corp'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 Inventec Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Inventec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Inventec Corp Stock history
Inventec Corp 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 Inventec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inventec Corp 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 Inventec Corp stock prices may prove useful in developing a viable investing in Inventec Corp
Inventec Corporation, together with its subsidiaries, engages in developing, manufacturing, processing, and trading of computers and related products. Inventec Corporation was founded in 1975 and is headquartered in Taipei City, Taiwan. INVENTEC CORP operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange.
Inventec Corp Stock Technical Analysis
Inventec Corp 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
Inventec Corp Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Inventec Corp 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.
Inventec Corp December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Inventec Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Inventec Corp shares will generate the highest return on investment. By undertsting and applying Inventec Corp stock market strength indicators, traders can identify Inventec Corp entry and exit signals to maximize returns
Inventec Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Inventec Corp's price direction in advance. Along with the technical and fundamental analysis of Inventec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Inventec 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 | 0.0402 | |||
| Jensen Alpha | 0.031 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1911 |
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Additional Tools for Inventec Stock Analysis
When running Inventec Corp's price analysis, check to measure Inventec Corp'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 Inventec Corp is operating at the current time. Most of Inventec Corp's value examination focuses on studying past and present price action to predict the probability of Inventec Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inventec Corp's price. Additionally, you may evaluate how the addition of Inventec Corp to your portfolios can decrease your overall portfolio volatility.