Sunonwealth Electric (Taiwan) Price on November 18, 2024
| 2421 Stock | TWD 100.00 0.50 0.50% |
If you're considering investing in Sunonwealth Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sunonwealth Electric stands at 100.00, as last reported on the 29th of November, with the highest price reaching 100.50 and the lowest price hitting 96.10 during the day. At this stage we consider Sunonwealth Stock to be out of control. Sunonwealth Electric owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0449, which indicates the firm had a 0.0449% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sunonwealth Electric Machine, which you can use to evaluate the volatility of the company. Please validate Sunonwealth Electric's Coefficient Of Variation of 2228.24, risk adjusted performance of 0.0417, and Semi Deviation of 2.19 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Sunonwealth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sunonwealth |
Sharpe Ratio = 0.0449
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| Cash | Small Risk | 2421 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.13 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 Sunonwealth Electric 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 Sunonwealth Electric by adding it to a well-diversified portfolio.
Sunonwealth Electric Valuation on November 18, 2024
It is possible to determine the worth of Sunonwealth Electric on a given historical date. On November 18, 2024 Sunonwealth was worth 101.0 at the beginning of the trading date compared to the closed value of 97.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunonwealth Electric stock. Still, in general, we apply an absolute valuation method to find Sunonwealth Electric'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 Sunonwealth Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunonwealth Electric's related companies.
| Open | High | Low | Close | Volume | |
| 103.00 | 104.50 | 101.00 | 102.00 | 6,711,158 | |
11/18/2024 | 101.00 | 101.50 | 96.80 | 97.00 | 4,669,596 |
| 98.40 | 100.50 | 98.20 | 99.00 | 2,767,218 |
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Sunonwealth Electric Trading Date Momentum on November 18, 2024
| On November 19 2024 Sunonwealth Electric Machine was traded for 99.00 at the closing time. The highest price during the trading period was 100.50 and the lowest recorded bid was listed for 98.20 . The volume for the day was 2.8 M. This history from November 19, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.06% . The trading price change to the current price is 2.58% . |
Sunonwealth Electric Fundamentals Correlations and Trends
By evaluating Sunonwealth Electric'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 Sunonwealth Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunonwealth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sunonwealth Electric Stock history
Sunonwealth Electric 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 Sunonwealth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunonwealth Electric 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 Sunonwealth Electric stock prices may prove useful in developing a viable investing in Sunonwealth Electric
Sunonwealth Electric Machine Industry Co., Ltd., together with its subsidiaries, manufactures and sells precision motors, mini fans, and thermal modules worldwide. The company was incorporated in 1980 and is headquartered in Kaohsiung City, Taiwan. SUNONWEALTH ELECTRIC is traded on Taiwan Stock Exchange in Taiwan.
Sunonwealth Electric Stock Technical Analysis
Sunonwealth Electric 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
Sunonwealth Electric Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Sunonwealth Electric Machine 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.
Sunonwealth Electric November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sunonwealth Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sunonwealth Electric shares will generate the highest return on investment. By undertsting and applying Sunonwealth Electric stock market strength indicators, traders can identify Sunonwealth Electric Machine entry and exit signals to maximize returns
Sunonwealth Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sunonwealth Electric's price direction in advance. Along with the technical and fundamental analysis of Sunonwealth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunonwealth 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 | 0.0417 | |||
| Jensen Alpha | 0.1254 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 4.0E-4 | |||
| Treynor Ratio | (1.50) |
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Additional Tools for Sunonwealth Stock Analysis
When running Sunonwealth Electric's price analysis, check to measure Sunonwealth Electric'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 Sunonwealth Electric is operating at the current time. Most of Sunonwealth Electric's value examination focuses on studying past and present price action to predict the probability of Sunonwealth Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunonwealth Electric's price. Additionally, you may evaluate how the addition of Sunonwealth Electric to your portfolios can decrease your overall portfolio volatility.