Chicony Electronics (Taiwan) Price on January 13, 2025
2385 Stock | TWD 153.00 2.50 1.66% |
If you're considering investing in Chicony Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chicony Electronics stands at 153.00, as last reported on the 22nd of January, with the highest price reaching 154.00 and the lowest price hitting 151.00 during the day. Chicony Electronics secures Sharpe Ratio (or Efficiency) of -0.041, which signifies that the company had a -0.041 % return per unit of risk over the last 3 months. Chicony Electronics Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chicony Electronics' Mean Deviation of 1.18, standard deviation of 1.76, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
Chicony Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chicony |
Sharpe Ratio = -0.041
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Negative Returns | 2385 |
Estimated Market Risk
1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chicony Electronics 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 Chicony Electronics by adding Chicony Electronics to a well-diversified portfolio.
Chicony Electronics Valuation on January 13, 2025
It is possible to determine the worth of Chicony Electronics on a given historical date. On January 13, 2025 Chicony was worth 157.5 at the beginning of the trading date compared to the closed value of 153.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chicony Electronics stock. Still, in general, we apply an absolute valuation method to find Chicony Electronics' 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 Chicony Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chicony Electronics' related companies.
Open | High | Low | Close | Volume | |
159.00 | 161.00 | 157.50 | 157.50 | 3,255,828 | |
01/13/2025 | 157.50 | 158.50 | 153.50 | 153.50 | 2,631,675 |
154.00 | 155.50 | 152.50 | 153.50 | 2,013,124 |
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Chicony Electronics Trading Date Momentum on January 13, 2025
On January 14 2025 Chicony Electronics Co was traded for 153.50 at the closing time. The highest price during the trading period was 155.50 and the lowest recorded bid was listed for 152.50 . The volume for the day was 2 M. This history from January 14, 2025 did not affect price variability. The overall trading delta to the current price is 1.63% . |
Chicony Electronics Fundamentals Correlations and Trends
By evaluating Chicony Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Chicony Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chicony financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chicony Electronics Stock history
Chicony Electronics 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 Chicony is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chicony Electronics 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 Chicony Electronics stock prices may prove useful in developing a viable investing in Chicony Electronics
Chicony Electronics Co., Ltd. manufactures and sells computer peripheral products in Taiwan and internationally. Chicony Electronics Co., Ltd. was founded in 1983 and is headquartered in New Taipei City, Taiwan. CHICONY ELECTRONICS operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange.
Chicony Electronics Stock Technical Analysis
Chicony Electronics 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
Chicony Electronics Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Chicony Electronics 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.
Chicony Electronics January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Chicony Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chicony Electronics shares will generate the highest return on investment. By undertsting and applying Chicony Electronics stock market strength indicators, traders can identify Chicony Electronics Co entry and exit signals to maximize returns
Chicony Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chicony Electronics' price direction in advance. Along with the technical and fundamental analysis of Chicony Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chicony 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 | (0.06) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | 2.6 |
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Additional Tools for Chicony Stock Analysis
When running Chicony Electronics' price analysis, check to measure Chicony Electronics' 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 Chicony Electronics is operating at the current time. Most of Chicony Electronics' value examination focuses on studying past and present price action to predict the probability of Chicony Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chicony Electronics' price. Additionally, you may evaluate how the addition of Chicony Electronics to your portfolios can decrease your overall portfolio volatility.