Thinking Electronic (Taiwan) Price on January 15, 2024

2428 Stock   159.00  1.00  0.62%   
If you're considering investing in Thinking Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thinking Electronic stands at 159.00, as last reported on the 11th of December 2024, with the highest price reaching 160.50 and the lowest price hitting 159.00 during the day. Thinking Electronic owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0897, which indicates the firm had a -0.0897% return per unit of risk over the last 3 months. Thinking Electronic Industrial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thinking Electronic's Coefficient Of Variation of (3,476), risk adjusted performance of (0.02), and Variance of 1.77 to confirm the risk estimate we provide.
  
Thinking Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0897

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Estimated Market Risk

 1.18
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thinking Electronic 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 Thinking Electronic by adding Thinking Electronic to a well-diversified portfolio.

Thinking Electronic Valuation on January 15, 2024

It is possible to determine the worth of Thinking Electronic on a given historical date. On January 15, 2024 Thinking was worth 159.0 at the beginning of the trading date compared to the closed value of 160.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thinking Electronic stock. Still, in general, we apply an absolute valuation method to find Thinking Electronic'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 Thinking Electronic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thinking Electronic's related companies.
 Open High Low Close Volume
  160.00    160.00    158.00    158.00    196,008  
01/15/2024
  159.00    162.50    158.50    160.50    235,100  
  160.00    160.50    158.00    158.50    251,008  
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Open Value
159.0
155.46
Downside
160.5
Closing Value
162.54
Upside

Thinking Electronic Trading Date Momentum on January 15, 2024

On January 16 2024 Thinking Electronic Industrial was traded for  158.50  at the closing time. The highest price during the trading period was 160.50  and the lowest recorded bid was listed for  158.00 . The volume for the day was 251 K. This history from January 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.25% . The trading price change to the current price is 2.18% .

Thinking Electronic Fundamentals Correlations and Trends

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

About Thinking Electronic Stock history

Thinking Electronic 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 Thinking is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thinking Electronic 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 Thinking Electronic stock prices may prove useful in developing a viable investing in Thinking Electronic

Thinking Electronic Stock Technical Analysis

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

Thinking Electronic Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thinking Electronic Industrial 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.

Thinking Electronic December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Thinking Electronic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thinking Electronic shares will generate the highest return on investment. By undertsting and applying Thinking Electronic stock market strength indicators, traders can identify Thinking Electronic Industrial entry and exit signals to maximize returns

Thinking Electronic Technical and Predictive Indicators

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

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