Everlight Electronics (Taiwan) Price on July 18, 2024

2393 Stock  TWD 76.10  0.70  0.91%   
If you're considering investing in Everlight Stock, it is important to understand the factors that can impact its price. As of today, the current price of Everlight Electronics stands at 76.10, as last reported on the 28th of November, with the highest price reaching 76.70 and the lowest price hitting 75.20 during the day. Everlight Electronics secures Sharpe Ratio (or Efficiency) of -0.0116, which denotes the company had a -0.0116% return per unit of risk over the last 3 months. Everlight Electronics Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Everlight Electronics' Standard Deviation of 2.01, variance of 4.06, and Mean Deviation of 1.52 to check the risk estimate we provide.
  
Everlight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0116

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Estimated Market Risk

 2.06
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.02
  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 Everlight 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 Everlight Electronics by adding Everlight Electronics to a well-diversified portfolio.

Everlight Electronics Valuation on July 18, 2024

It is possible to determine the worth of Everlight Electronics on a given historical date. On July 18, 2024 Everlight was worth 78.5 at the beginning of the trading date compared to the closed value of 81.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Everlight Electronics stock. Still, in general, we apply an absolute valuation method to find Everlight 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 Everlight Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Everlight Electronics' related companies.
 Open High Low Close Volume
  79.90    80.50    79.00    79.20    2,734,036  
07/18/2024
  78.50    81.20    78.40    81.20    3,696,671  
  81.30    81.40    78.80    79.60    3,609,310  
Backtest Everlight Electronics  |  Everlight Electronics History  |  Everlight Electronics Valuation   PreviousNext  
Open Value
78.5
81.2
Closing Value
84.67
Upside

Everlight Electronics Trading Date Momentum on July 18, 2024

On July 19 2024 Everlight Electronics Co was traded for  79.60  at the closing time. The highest price during the trading period was 81.40  and the lowest recorded bid was listed for  78.80 . The volume for the day was 3.6 M. This history from July 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.97% . The overall trading delta to the current price is 1.27% .

Everlight Electronics Fundamentals Correlations and Trends

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

About Everlight Electronics Stock history

Everlight 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 Everlight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Everlight 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 Everlight Electronics stock prices may prove useful in developing a viable investing in Everlight Electronics
Everlight Electronics Co., Ltd. provides LEDs, lamps, lighting components, LED lighting modules, opto-couplers, and infrared components for various applications worldwide. Everlight Electronics Co., Ltd. was founded in 1983 and is headquartered in New Taipei City, Taiwan. EVERLIGHT ELECTRONICS operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.

Everlight Electronics Stock Technical Analysis

Everlight 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.
A focus of Everlight Electronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Everlight Electronics 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

Everlight Electronics Period Price Range

Low
November 28, 2024
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Everlight 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.

Everlight Electronics November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Everlight 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 Everlight Electronics shares will generate the highest return on investment. By undertsting and applying Everlight Electronics stock market strength indicators, traders can identify Everlight Electronics Co entry and exit signals to maximize returns

Everlight Electronics Technical and Predictive Indicators

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

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