Clevo (Taiwan) Price on October 30, 2024
2362 Stock | TWD 58.10 1.60 2.83% |
If you're considering investing in Clevo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Clevo stands at 58.10, as last reported on the 26th of November, with the highest price reaching 58.20 and the lowest price hitting 56.60 during the day. Clevo secures Sharpe Ratio (or Efficiency) of -0.0109, which signifies that the company had a -0.0109% return per unit of standard deviation over the last 3 months. Clevo Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clevo's mean deviation of 1.85, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Clevo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Clevo |
Sharpe Ratio = -0.0109
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 2362 |
Estimated Market Risk
2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Clevo 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 Clevo by adding Clevo to a well-diversified portfolio.
Clevo Valuation on October 30, 2024
It is possible to determine the worth of Clevo on a given historical date. On October 30, 2024 Clevo was worth 57.2 at the beginning of the trading date compared to the closed value of 56.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clevo stock. Still, in general, we apply an absolute valuation method to find Clevo'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 Clevo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clevo's related companies.
Open | High | Low | Close | Volume | |
58.00 | 58.20 | 56.10 | 56.50 | 4,514,730 | |
10/30/2024 | 57.20 | 57.20 | 56.10 | 56.20 | 1,437,123 |
56.20 | 56.20 | 56.20 | 56.20 | 1.00 |
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Clevo Trading Date Momentum on October 30, 2024
On October 31 2024 Clevo Co was traded for 56.20 at the closing time. The highest price during the trading period was 56.20 and the lowest recorded bid was listed for 56.20 . There was no trading activity during the period 1.0. Lack of trading volume on October 31, 2024 did not affect price variability. The overall trading delta to the current price is 2.31% . |
Clevo Fundamentals Correlations and Trends
By evaluating Clevo'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 Clevo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clevo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clevo Stock history
Clevo 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 Clevo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clevo 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 Clevo stock prices may prove useful in developing a viable investing in Clevo
Clevo Co., an ODMOEM manufacturer, provides hardware solutions for notebooks, tablets, and all-in-one PCs worldwide. The company was founded in 1983 and is based in New Taipei City, Taiwan. CLEVO CO is traded on Taiwan Stock Exchange in Taiwan.
Clevo Stock Technical Analysis
Clevo 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
Clevo Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Clevo Co 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.
Clevo November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Clevo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clevo shares will generate the highest return on investment. By undertsting and applying Clevo stock market strength indicators, traders can identify Clevo Co entry and exit signals to maximize returns
Clevo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clevo's price direction in advance. Along with the technical and fundamental analysis of Clevo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clevo 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 | (0.01) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | (0.14) |
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Additional Tools for Clevo Stock Analysis
When running Clevo's price analysis, check to measure Clevo'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 Clevo is operating at the current time. Most of Clevo's value examination focuses on studying past and present price action to predict the probability of Clevo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clevo's price. Additionally, you may evaluate how the addition of Clevo to your portfolios can decrease your overall portfolio volatility.