Fortune Information (Taiwan) Price on October 25, 2023
| 2468 Stock | TWD 25.40 0.60 2.31% |
If you're considering investing in Fortune Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fortune Information stands at 25.40, as last reported on the 11th of December 2024, with the highest price reaching 26.10 and the lowest price hitting 24.75 during the day. At this stage we consider Fortune Stock to be not too volatile. Fortune Information secures Sharpe Ratio (or Efficiency) of 0.0744, which denotes the company had a 0.0744% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fortune Information Systems, which you can use to evaluate the volatility of the firm. Please confirm Fortune Information's Mean Deviation of 1.65, downside deviation of 1.85, and Coefficient Of Variation of 1858.96 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Fortune Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fortune |
Sharpe Ratio = 0.0744
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 2468 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fortune Information is performing at about 5% 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 Fortune Information by adding it to a well-diversified portfolio.
Fortune Information Valuation on October 25, 2023
It is possible to determine the worth of Fortune Information on a given historical date. On October 25, 2023 Fortune was worth 30.6 at the beginning of the trading date compared to the closed value of 30.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortune Information stock. Still, in general, we apply an absolute valuation method to find Fortune 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 Fortune Information where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortune Information's related companies.
| Open | High | Low | Close | Volume | |
| 30.10 | 30.80 | 29.40 | 30.60 | 2,423,173 | |
10/25/2023 | 30.60 | 31.40 | 30.15 | 30.20 | 1,748,167 |
| 29.80 | 30.65 | 29.50 | 29.50 | 1,341,500 |
| Backtest Fortune Information | | | Fortune Information History | | | Fortune Information Valuation | Previous | Next |
Fortune Information Trading Date Momentum on October 25, 2023
| On October 26 2023 Fortune Information Systems was traded for 29.50 at the closing time. The highest price during the trading period was 30.65 and the lowest recorded bid was listed for 29.50 . The volume for the day was 1.3 M. This history from October 26, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.32% . The overall trading delta to the current price is 4.30% . |
Fortune Information Fundamentals Correlations and Trends
By evaluating Fortune 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 Fortune Information's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortune financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortune Information Stock history
Fortune 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 Fortune is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortune 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 Fortune Information stock prices may prove useful in developing a viable investing in Fortune Information
Fortune Information Systems Corp provides professional products and information system related services in Taiwan. The company was founded in 1977 and is headquartered in Taipei, Taiwan. FORTUNE INFORMATION operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange.
Fortune Information Stock Technical Analysis
Fortune 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
Fortune Information Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Fortune Information Systems 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.
Fortune Information December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Fortune 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 Fortune Information shares will generate the highest return on investment. By undertsting and applying Fortune Information stock market strength indicators, traders can identify Fortune Information Systems entry and exit signals to maximize returns
Fortune Information Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortune Information's price direction in advance. Along with the technical and fundamental analysis of Fortune Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortune 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 | 0.0461 | |||
| Jensen Alpha | 0.1663 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.009 | |||
| Treynor Ratio | (0.43) |
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Additional Tools for Fortune Stock Analysis
When running Fortune Information's price analysis, check to measure Fortune 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 Fortune Information is operating at the current time. Most of Fortune Information's value examination focuses on studying past and present price action to predict the probability of Fortune 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 Fortune Information's price. Additionally, you may evaluate how the addition of Fortune Information to your portfolios can decrease your overall portfolio volatility.