Pan Jit (Taiwan) Price on December 3, 2024
| 2481 Stock | TWD 51.90 0.90 1.76% |
If you're considering investing in Pan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pan Jit stands at 51.90, as last reported on the 4th of December, with the highest price reaching 52.20 and the lowest price hitting 51.40 during the day. At this stage we consider Pan Stock to be very steady. Pan Jit International maintains Sharpe Ratio (i.e., Efficiency) of 0.019, which implies the firm had a 0.019% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Pan Jit International, which you can use to evaluate the volatility of the company. Please check Pan Jit's Coefficient Of Variation of (2,579), risk adjusted performance of (0.02), and Variance of 4.51 to confirm if the risk estimate we provide is consistent with the expected return of 0.0398%.
Pan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pan |
Sharpe Ratio = 0.019
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2481 |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Pan Jit is performing at about 1% 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 Pan Jit by adding it to a well-diversified portfolio.
Pan Jit Valuation on December 3, 2024
It is possible to determine the worth of Pan Jit on a given historical date. On December 3, 2024 Pan was worth 51.4 at the beginning of the trading date compared to the closed value of 51.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pan Jit stock. Still, in general, we apply an absolute valuation method to find Pan Jit'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 Pan Jit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pan Jit's related companies.
| Open | High | Low | Close | Volume | |
| 51.40 | 51.80 | 50.70 | 51.00 | 533,096 | |
12/03/2024 | 51.40 | 52.20 | 51.40 | 51.90 | 526,866 |
| 51.40 | 52.20 | 51.40 | 51.90 | 0.00 |
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Pan Jit Trading Date Momentum on December 3, 2024
| On December 04 2024 Pan Jit International was traded for 51.90 at the closing time. The highest price during the trading period was 52.20 and the lowest recorded bid was listed for 51.40 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not cause price change. The trading delta at closing time to the current price is 0.96% . |
Pan Jit International Fundamentals Correlations and Trends
By evaluating Pan Jit'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 Pan Jit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pan Jit Stock history
Pan Jit 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 Pan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pan Jit International 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 Pan Jit stock prices may prove useful in developing a viable investing in Pan Jit
Pan Jit International Inc. designs, manufactures, and sells diodes, bridge rectifiers, transistors, MOSFETs, and protection devices worldwide. The company was founded in 1986 and is headquartered in Kaohsiung, Taiwan. PAN JIT operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.
Pan Jit Stock Technical Analysis
Pan Jit 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
Pan Jit Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Pan Jit International 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.
Pan Jit December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Pan Jit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pan Jit shares will generate the highest return on investment. By undertsting and applying Pan Jit stock market strength indicators, traders can identify Pan Jit International entry and exit signals to maximize returns
Pan Jit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pan Jit's price direction in advance. Along with the technical and fundamental analysis of Pan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pan 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 | (0.02) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.12) |
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Additional Tools for Pan Stock Analysis
When running Pan Jit's price analysis, check to measure Pan Jit'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 Pan Jit is operating at the current time. Most of Pan Jit's value examination focuses on studying past and present price action to predict the probability of Pan Jit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pan Jit's price. Additionally, you may evaluate how the addition of Pan Jit to your portfolios can decrease your overall portfolio volatility.