Tyntek Corp (Taiwan) Price on October 25, 2024
| 2426 Stock | TWD 24.60 0.20 0.82% |
If you're considering investing in Tyntek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tyntek Corp stands at 24.60, as last reported on the 28th of November, with the highest price reaching 25.60 and the lowest price hitting 24.10 during the day. Tyntek Corp appears to be not too volatile, given 3 months investment horizon. Tyntek Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0538, which indicates the firm had a 0.0538% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tyntek Corp, which you can use to evaluate the volatility of the company. Please review Tyntek Corp's Semi Deviation of 2.98, risk adjusted performance of 0.0977, and Coefficient Of Variation of 854.67 to confirm if our risk estimates are consistent with your expectations.
Tyntek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tyntek |
Sharpe Ratio = 0.0538
| Best Portfolio | Best Equity | |||
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| Small Returns | 2426 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.64 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Tyntek Corp is performing at about 4% 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 Tyntek Corp by adding it to a well-diversified portfolio.
Tyntek Corp Valuation on October 25, 2024
It is possible to determine the worth of Tyntek Corp on a given historical date. On October 25, 2024 Tyntek was worth 24.5 at the beginning of the trading date compared to the closed value of 24.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tyntek Corp stock. Still, in general, we apply an absolute valuation method to find Tyntek Corp'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 Tyntek Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tyntek Corp's related companies.
| Open | High | Low | Close | Volume | |
| 24.95 | 25.00 | 24.20 | 24.20 | 4,796,649 | |
10/25/2024 | 24.50 | 24.70 | 24.05 | 24.20 | 2,720,262 |
| 24.60 | 24.60 | 23.00 | 23.00 | 5,951,607 |
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Tyntek Corp Trading Date Momentum on October 25, 2024
| On October 28 2024 Tyntek Corp was traded for 23.00 at the closing time. The highest price during the trading period was 24.60 and the lowest recorded bid was listed for 23.00 . The volume for the day was 6 M. This history from October 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.96% . The trading price change to the current price is 7.23% . |
Tyntek Corp Fundamentals Correlations and Trends
By evaluating Tyntek Corp'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 Tyntek Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tyntek financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tyntek Corp Stock history
Tyntek Corp 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 Tyntek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tyntek 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 Tyntek Corp stock prices may prove useful in developing a viable investing in Tyntek Corp
The company offers visible LED, ultra HB LED, infrared LED, InGaAsInP, and GaPGaP regulator chips SI products, such as Si submount, Si resistor, Si zener diode, ambient sensor, Si photo-transistor, Si photo-diode, and other chips and optical fiber communication device products, including InGaAsInP PD and LED chips. The company was founded in 1987 and is headquartered in Hsinchu, Taiwan. TYNTEK CORP is traded on Taiwan Stock Exchange in Taiwan.
Tyntek Corp Stock Technical Analysis
Tyntek Corp 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
Tyntek Corp Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Tyntek 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.
Tyntek Corp November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Tyntek Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tyntek Corp shares will generate the highest return on investment. By undertsting and applying Tyntek Corp stock market strength indicators, traders can identify Tyntek Corp entry and exit signals to maximize returns
Tyntek Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tyntek Corp's price direction in advance. Along with the technical and fundamental analysis of Tyntek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tyntek 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 | 0.0977 | |||
| Jensen Alpha | 0.4107 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0957 | |||
| Treynor Ratio | 1.92 |
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Additional Tools for Tyntek Stock Analysis
When running Tyntek Corp's price analysis, check to measure Tyntek Corp'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 Tyntek Corp is operating at the current time. Most of Tyntek Corp's value examination focuses on studying past and present price action to predict the probability of Tyntek Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tyntek Corp's price. Additionally, you may evaluate how the addition of Tyntek Corp to your portfolios can decrease your overall portfolio volatility.