Transcend Information (Taiwan) Price on November 23, 2024
2451 Stock | TWD 93.30 0.30 0.32% |
If you're considering investing in Transcend Stock, it is important to understand the factors that can impact its price. As of today, the current price of Transcend Information stands at 93.30, as last reported on the 27th of November, with the highest price reaching 94.20 and the lowest price hitting 92.70 during the day. Transcend Information owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Transcend Information exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transcend Information's Risk Adjusted Performance of (0.05), variance of 2.03, and Coefficient Of Variation of (1,354) to confirm the risk estimate we provide.
Transcend Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Transcend |
Sharpe Ratio = -0.1125
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Negative Returns | 2451 |
Estimated Market Risk
1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transcend Information 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 Transcend Information by adding Transcend Information to a well-diversified portfolio.
Transcend Information Valuation on November 23, 2024
It is possible to determine the worth of Transcend Information on a given historical date. On November 23, 2024 Transcend was worth 92.0 at the beginning of the trading date compared to the closed value of 92.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transcend Information stock. Still, in general, we apply an absolute valuation method to find Transcend Information'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 Transcend Information where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transcend Information's related companies.
Open | High | Low | Close | Volume | |
94.10 | 94.10 | 91.70 | 91.80 | 750,000 | |
11/22/2024 | 92.00 | 93.40 | 92.00 | 92.20 | 354,481 |
92.80 | 93.60 | 91.80 | 93.60 | 625,335 |
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Transcend Information Trading Date Momentum on November 23, 2024
On November 25 2024 Transcend Information was traded for 93.60 at the closing time. The highest price during the trading period was 93.60 and the lowest recorded bid was listed for 91.80 . The volume for the day was 625.3 K. This history from November 25, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.52% . The trading price change to the current price is 0.54% . |
Transcend Information Fundamentals Correlations and Trends
By evaluating Transcend Information'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 Transcend Information's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transcend financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transcend Information Stock history
Transcend Information 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 Transcend is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transcend Information 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 Transcend Information stock prices may prove useful in developing a viable investing in Transcend Information
Transcend Information, Inc. engages in the design, development, manufacture, marketing, and sale of digital storage, multimedia, and industrial products worldwide. Transcend Information, Inc. was founded in 1988 and is based in Taipei, Taiwan. TRANSCEND INFORMATION operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Transcend Information Stock Technical Analysis
Transcend Information 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
Transcend Information Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Transcend Information 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.
Transcend Information November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Transcend Information stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transcend Information shares will generate the highest return on investment. By undertsting and applying Transcend Information stock market strength indicators, traders can identify Transcend Information entry and exit signals to maximize returns
Transcend Information Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transcend Information's price direction in advance. Along with the technical and fundamental analysis of Transcend Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transcend 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 | (0.05) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (0.35) |
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Additional Tools for Transcend Stock Analysis
When running Transcend Information's price analysis, check to measure Transcend Information'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 Transcend Information is operating at the current time. Most of Transcend Information's value examination focuses on studying past and present price action to predict the probability of Transcend Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcend Information's price. Additionally, you may evaluate how the addition of Transcend Information to your portfolios can decrease your overall portfolio volatility.