Phihong Technology (Taiwan) Price on November 27, 2024
| 2457 Stock | TWD 41.10 0.20 0.49% |
If you're considering investing in Phihong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Phihong Technology stands at 41.10, as last reported on the 1st of December, with the highest price reaching 41.45 and the lowest price hitting 40.30 during the day. At this stage we consider Phihong Stock to be very steady. Phihong Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.036, which implies the firm had a 0.036% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Phihong Technology, which you can use to evaluate the volatility of the company. Please check Phihong Technology's Coefficient Of Variation of 2986.9, semi deviation of 1.79, and Risk Adjusted Performance of 0.0317 to confirm if the risk estimate we provide is consistent with the expected return of 0.0717%.
Phihong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Phihong |
Sharpe Ratio = 0.036
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Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Phihong Technology is performing at about 2% 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 Phihong Technology by adding it to a well-diversified portfolio.
Phihong Technology Valuation on November 27, 2024
It is possible to determine the worth of Phihong Technology on a given historical date. On November 27, 2024 Phihong was worth 42.9 at the beginning of the trading date compared to the closed value of 41.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Phihong Technology stock. Still, in general, we apply an absolute valuation method to find Phihong 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 Phihong Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Phihong Technology's related companies.
| Open | High | Low | Close | Volume | |
| 43.00 | 43.15 | 42.10 | 42.40 | 1,653,364 | |
11/27/2024 | 42.90 | 43.35 | 41.60 | 41.80 | 2,159,324 |
| 41.70 | 41.75 | 39.90 | 40.90 | 1,955,198 |
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Phihong Technology Trading Date Momentum on November 27, 2024
| On November 28 2024 Phihong Technology Co was traded for 40.90 at the closing time. The highest price during the trading period was 41.75 and the lowest recorded bid was listed for 39.90 . The volume for the day was 2 M. This history from November 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.15% . The trading delta at closing time to the current price is 3.59% . |
Phihong Technology Fundamentals Correlations and Trends
By evaluating Phihong 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 Phihong Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Phihong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Phihong Technology Stock history
Phihong 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 Phihong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Phihong Technology 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 Phihong Technology stock prices may prove useful in developing a viable investing in Phihong Technology
Phihong Technology Co., Ltd. manufactures and sells power supply products in Taiwan and internationally. Phihong Technology Co., Ltd. was founded in 1972 and is headquartered in Taoyuan, Taiwan. PHIHONG TECHNOLOGY operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan Stock Exchange.
Phihong Technology Stock Technical Analysis
Phihong 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
Phihong Technology Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Phihong Technology Co 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.
Phihong Technology December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Phihong 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 Phihong Technology shares will generate the highest return on investment. By undertsting and applying Phihong Technology stock market strength indicators, traders can identify Phihong Technology Co entry and exit signals to maximize returns
Phihong Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Phihong Technology's price direction in advance. Along with the technical and fundamental analysis of Phihong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Phihong 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 | 0.0317 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0754 |
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Additional Tools for Phihong Stock Analysis
When running Phihong Technology's price analysis, check to measure Phihong 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 Phihong Technology is operating at the current time. Most of Phihong Technology's value examination focuses on studying past and present price action to predict the probability of Phihong 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 Phihong Technology's price. Additionally, you may evaluate how the addition of Phihong Technology to your portfolios can decrease your overall portfolio volatility.