AU Optronics (Taiwan) Price on October 31, 2024
| 2409 Stock | TWD 15.60 0.15 0.97% |
If you're considering investing in 2409 Stock, it is important to understand the factors that can impact its price. As of today, the current price of AU Optronics stands at 15.60, as last reported on the 30th of November, with the highest price reaching 15.75 and the lowest price hitting 15.35 during the day. AU Optronics retains Efficiency (Sharpe Ratio) of -0.0376, which signifies that the company had a -0.0376% return per unit of price deviation over the last 3 months. AU Optronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AU Optronics' Market Risk Adjusted Performance of (0.18), information ratio of (0.14), and Variance of 2.6 to double-check the risk estimate we provide.
2409 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
2409 |
Sharpe Ratio = -0.0376
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| Negative Returns | 2409 |
Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.06 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 AU Optronics 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 AU Optronics by adding AU Optronics to a well-diversified portfolio.
AU Optronics Valuation on October 31, 2024
It is possible to determine the worth of AU Optronics on a given historical date. On October 31, 2024 2409 was worth 16.6 at the beginning of the trading date compared to the closed value of 16.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AU Optronics stock. Still, in general, we apply an absolute valuation method to find AU Optronics' 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 AU Optronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AU Optronics' related companies.
| Open | High | Low | Close | Volume | |
| 16.95 | 16.95 | 16.50 | 16.60 | 17,976,959 | |
10/31/2024 | 16.60 | 16.60 | 16.60 | 16.60 | 1.00 |
| 16.20 | 16.40 | 16.00 | 16.35 | 34,475,973 |
| Backtest AU Optronics | | | AU Optronics History | | | AU Optronics Valuation | Previous | Next |
AU Optronics Trading Date Momentum on October 31, 2024
| On November 01 2024 AU Optronics was traded for 16.35 at the closing time. The highest price during the trading period was 16.40 and the lowest recorded bid was listed for 16.00 . The volume for the day was 34.5 M. This history from November 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.51% . The overall trading delta to the current price is 1.20% . |
AU Optronics Fundamentals Correlations and Trends
By evaluating AU Optronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AU Optronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 2409 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AU Optronics Stock history
AU Optronics 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 2409 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AU Optronics 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 AU Optronics stock prices may prove useful in developing a viable investing in AU Optronics
AU Optronics Corp. designs, develops, manufactures, assembles, and sells thin film transistor liquid crystal displays and other flat panel displays. AU Optronics Corp. was founded in 1996 and is headquartered in Hsinchu, Taiwan. AU OPTRONICS operates under Electronic Finished Products classification in Taiwan and is traded on Taiwan Stock Exchange.
AU Optronics Stock Technical Analysis
AU Optronics 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
AU Optronics Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
AU Optronics 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.
AU Optronics November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how AU Optronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AU Optronics shares will generate the highest return on investment. By undertsting and applying AU Optronics stock market strength indicators, traders can identify AU Optronics entry and exit signals to maximize returns
AU Optronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AU Optronics' price direction in advance. Along with the technical and fundamental analysis of 2409 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2409 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 | (0.04) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.19) |
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Additional Tools for 2409 Stock Analysis
When running AU Optronics' price analysis, check to measure AU Optronics' 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 AU Optronics is operating at the current time. Most of AU Optronics' value examination focuses on studying past and present price action to predict the probability of AU Optronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AU Optronics' price. Additionally, you may evaluate how the addition of AU Optronics to your portfolios can decrease your overall portfolio volatility.