CX Technology (Taiwan) Price on November 29, 2024
| 2415 Stock | TWD 28.20 0.25 0.89% |
If you're considering investing in 2415 Stock, it is important to understand the factors that can impact its price. As of today, the current price of CX Technology stands at 28.20, as last reported on the 1st of December, with the highest price reaching 28.45 and the lowest price hitting 27.35 during the day. At this stage we consider 2415 Stock to be not too volatile. CX Technology Corp retains Efficiency (Sharpe Ratio) of 0.0449, which signifies that the company had a 0.0449% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for CX Technology, which you can use to evaluate the volatility of the firm. Please confirm CX Technology's Market Risk Adjusted Performance of (2.15), standard deviation of 3.17, and Coefficient Of Variation of 2050.18 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
2415 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
2415 |
Sharpe Ratio = 0.0449
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Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average CX Technology is performing at about 3% 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 CX Technology by adding it to a well-diversified portfolio.
CX Technology Valuation on November 29, 2024
It is possible to determine the worth of CX Technology on a given historical date. On November 29, 2024 2415 was worth 27.95 at the beginning of the trading date compared to the closed value of 28.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CX Technology stock. Still, in general, we apply an absolute valuation method to find CX Technology'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 CX Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CX Technology's related companies.
| Open | High | Low | Close | Volume | |
| 28.00 | 28.00 | 27.15 | 27.95 | 258,494 | |
11/29/2024 | 27.95 | 28.45 | 27.35 | 28.20 | 176,633 |
| 27.95 | 28.45 | 27.35 | 28.20 | 0.00 |
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CX Technology Trading Date Momentum on November 29, 2024
| On December 01 2024 CX Technology Corp was traded for 28.20 at the closing time. The highest price during the trading period was 28.45 and the lowest recorded bid was listed for 27.35 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta to the current price is 0.89% . |
CX Technology Corp Fundamentals Correlations and Trends
By evaluating CX Technology'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 CX Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 2415 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CX Technology Stock history
CX Technology 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 2415 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CX Technology Corp 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 CX Technology stock prices may prove useful in developing a viable investing in CX Technology
CX Technology Corporation designs, develops, manufactures, and supplies cold forging and plastic injection components and parts in Taiwan and internationally. CX Technology Corporation was founded in 1972 and is headquartered in Taipei, Taiwan. CX TECH operates under Metal Fabrication classification in Taiwan and is traded on Taiwan Stock Exchange.
CX Technology Stock Technical Analysis
CX Technology 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
CX Technology Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
CX Technology Corp 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.
CX Technology December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how CX Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CX Technology shares will generate the highest return on investment. By undertsting and applying CX Technology stock market strength indicators, traders can identify CX Technology Corp entry and exit signals to maximize returns
CX Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CX Technology's price direction in advance. Along with the technical and fundamental analysis of 2415 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2415 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 | 0.0449 | |||
| Jensen Alpha | 0.1531 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0058 | |||
| Treynor Ratio | (2.16) |
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Additional Tools for 2415 Stock Analysis
When running CX Technology's price analysis, check to measure CX Technology'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 CX Technology is operating at the current time. Most of CX Technology's value examination focuses on studying past and present price action to predict the probability of CX Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CX Technology's price. Additionally, you may evaluate how the addition of CX Technology to your portfolios can decrease your overall portfolio volatility.