Asustek Computer (Taiwan) Price on May 20, 2024

2357 Stock  TWD 611.00  1.00  0.16%   
If you're considering investing in Asustek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asustek Computer stands at 611.00, as last reported on the 23rd of November, with the highest price reaching 618.00 and the lowest price hitting 608.00 during the day. At this stage we consider Asustek Stock to be very steady. Asustek Computer secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Asustek Computer, which you can use to evaluate the volatility of the firm. Please confirm Asustek Computer's Mean Deviation of 1.39, downside deviation of 1.53, and Risk Adjusted Performance of 0.1174 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
  
Asustek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1131

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Estimated Market Risk

 1.71
  actual daily
15
85% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Asustek Computer is performing at about 8% 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 Asustek Computer by adding it to a well-diversified portfolio.

Asustek Computer Valuation on May 20, 2024

It is possible to determine the worth of Asustek Computer on a given historical date. On May 20, 2024 Asustek was worth 518.0 at the beginning of the trading date compared to the closed value of 506.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asustek Computer stock. Still, in general, we apply an absolute valuation method to find Asustek Computer'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 Asustek Computer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asustek Computer's related companies.
 Open High Low Close Volume
  510.00    516.00    502.00    516.00    6,577,173  
05/20/2024
  518.00    521.00    501.00    506.00    8,266,032  
  503.00    505.00    483.00    489.00    10,363,657  
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Open Value
518.0
512.88
Downside
506.0
Closing Value
523.12
Upside

Asustek Computer Trading Date Momentum on May 20, 2024

On May 21 2024 Asustek Computer was traded for  489.00  at the closing time. The highest price during the trading period was 505.00  and the lowest recorded bid was listed for  483.00 . The volume for the day was 10.4 M. This history from May 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.36% . The overall trading delta to the current price is 1.78% .

Asustek Computer Fundamentals Correlations and Trends

By evaluating Asustek Computer'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 Asustek Computer's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asustek financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Asustek Computer Stock history

Asustek Computer 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 Asustek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asustek Computer 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 Asustek Computer stock prices may prove useful in developing a viable investing in Asustek Computer
ASUSTeK Computer Inc. researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products . ASUSTeK Computer Inc. was founded in 1990 and is headquartered in Taipei, Taiwan. ASUSTEK COMPUTER operates under Computers Phones And Devices classification in Taiwan and is traded on Taiwan Stock Exchange.

Asustek Computer Stock Technical Analysis

Asustek Computer 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.
A focus of Asustek Computer technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asustek Computer trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Asustek Computer Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Asustek Computer 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.

Asustek Computer November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Asustek Computer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asustek Computer shares will generate the highest return on investment. By undertsting and applying Asustek Computer stock market strength indicators, traders can identify Asustek Computer entry and exit signals to maximize returns

Asustek Computer Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Asustek Computer's price direction in advance. Along with the technical and fundamental analysis of Asustek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asustek 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.

Additional Tools for Asustek Stock Analysis

When running Asustek Computer's price analysis, check to measure Asustek Computer'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 Asustek Computer is operating at the current time. Most of Asustek Computer's value examination focuses on studying past and present price action to predict the probability of Asustek Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asustek Computer's price. Additionally, you may evaluate how the addition of Asustek Computer to your portfolios can decrease your overall portfolio volatility.