Chroma ATE (Taiwan) Price on September 24, 2024
2360 Stock | TWD 407.00 2.00 0.49% |
If you're considering investing in Chroma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chroma ATE stands at 407.00, as last reported on the 27th of November, with the highest price reaching 418.00 and the lowest price hitting 406.50 during the day. Chroma ATE appears to be very steady, given 3 months investment horizon. Chroma ATE secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Chroma ATE, which you can use to evaluate the volatility of the firm. Please makes use of Chroma ATE's Mean Deviation of 2.31, downside deviation of 2.85, and Risk Adjusted Performance of 0.112 to double-check if our risk estimates are consistent with your expectations.
Chroma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chroma |
Sharpe Ratio = 0.1445
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Estimated Market Risk
3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Chroma ATE is performing at about 11% 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 Chroma ATE by adding it to a well-diversified portfolio.
Chroma ATE Valuation on September 24, 2024
It is possible to determine the worth of Chroma ATE on a given historical date. On September 24, 2024 Chroma was worth 368.5 at the beginning of the trading date compared to the closed value of 384.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chroma ATE stock. Still, in general, we apply an absolute valuation method to find Chroma ATE'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 Chroma ATE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chroma ATE's related companies.
Open | High | Low | Close | Volume | |
370.00 | 373.00 | 359.50 | 362.00 | 1,961,699 | |
09/24/2024 | 368.50 | 390.00 | 365.50 | 384.50 | 5,654,802 |
380.00 | 383.00 | 372.50 | 372.50 | 3,242,420 |
Backtest Chroma ATE | | | Chroma ATE History | | | Chroma ATE Valuation | Previous | Next |
Chroma ATE Trading Date Momentum on September 24, 2024
On September 25 2024 Chroma ATE was traded for 372.50 at the closing time. The highest price during the trading period was 383.00 and the lowest recorded bid was listed for 372.50 . The volume for the day was 3.2 M. This history from September 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.12% . The overall trading delta to the current price is 4.16% . |
Chroma ATE Fundamentals Correlations and Trends
By evaluating Chroma ATE'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 Chroma ATE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chroma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chroma ATE Stock history
Chroma ATE 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 Chroma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chroma ATE 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 Chroma ATE stock prices may prove useful in developing a viable investing in Chroma ATE
Chroma ATE Inc. designs, assembles, calibrates, manufactures, sells, repairs, and maintains softwarehardware for computers and peripherals, computerized automatic test systems, electronic test instruments, signal generators, power supplies, and telecom power supplies under the Chroma brand worldwide. Chroma ATE Inc. was incorporated in 1984 and is headquartered in Taoyuan City, Taiwan. CHROMA ATE operates under Scientific Technical Instruments classification in Taiwan and is traded on Taiwan Stock Exchange.
Chroma ATE Stock Technical Analysis
Chroma ATE 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
Chroma ATE Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Chroma ATE 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.
Chroma ATE November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Chroma ATE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chroma ATE shares will generate the highest return on investment. By undertsting and applying Chroma ATE stock market strength indicators, traders can identify Chroma ATE entry and exit signals to maximize returns
Chroma ATE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chroma ATE's price direction in advance. Along with the technical and fundamental analysis of Chroma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chroma 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 | 0.112 | |||
Jensen Alpha | 0.3189 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | 0.0979 | |||
Treynor Ratio | 0.5987 |
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Additional Tools for Chroma Stock Analysis
When running Chroma ATE's price analysis, check to measure Chroma ATE'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 Chroma ATE is operating at the current time. Most of Chroma ATE's value examination focuses on studying past and present price action to predict the probability of Chroma ATE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chroma ATE's price. Additionally, you may evaluate how the addition of Chroma ATE to your portfolios can decrease your overall portfolio volatility.