E Lead (Taiwan) Price on October 11, 2024
| 2497 Stock | TWD 68.10 0.90 1.34% |
If you're considering investing in 2497 Stock, it is important to understand the factors that can impact its price. As of today, the current price of E Lead stands at 68.10, as last reported on the 25th of November, with the highest price reaching 68.70 and the lowest price hitting 67.70 during the day. At this stage we consider 2497 Stock to be very steady. E Lead Electronic secures Sharpe Ratio (or Efficiency) of 0.0486, which denotes the company had a 0.0486% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for E Lead Electronic Co, which you can use to evaluate the volatility of the entity. Please confirm E Lead's Semi Deviation of 2.44, mean deviation of 2.17, and Downside Deviation of 2.67 to check if the risk estimate we provide is consistent with the expected return of 0.15%.
2497 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
2497 |
Sharpe Ratio = 0.0486
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| Cash | Small Risk | 2497 | High Risk | Huge Risk |
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Estimated Market Risk
| 3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average E Lead is performing at about 3% 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 E Lead by adding it to a well-diversified portfolio.
E Lead Valuation on October 11, 2024
It is possible to determine the worth of E Lead on a given historical date. On October 11, 2024 2497 was worth 83.8 at the beginning of the trading date compared to the closed value of 81.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of E Lead stock. Still, in general, we apply an absolute valuation method to find E Lead'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 E Lead where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against E Lead's related companies.
| Open | High | Low | Close | Volume | |
| 86.00 | 86.50 | 82.50 | 82.80 | 7,261,531 | |
10/11/2024 | 83.80 | 83.80 | 80.60 | 81.20 | 4,553,966 |
| 79.70 | 80.50 | 75.10 | 77.50 | 10,054,738 |
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E Lead Trading Date Momentum on October 11, 2024
| On October 14 2024 E Lead Electronic Co was traded for 77.50 at the closing time. The highest price during the trading period was 80.50 and the lowest recorded bid was listed for 75.10 . The volume for the day was 10.1 M. This history from October 14, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.56% . The overall trading delta to the current price is 8.62% . |
E Lead Electronic Fundamentals Correlations and Trends
By evaluating E Lead'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 E Lead's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 2497 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About E Lead Stock history
E Lead 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 2497 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in E Lead 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 E Lead stock prices may prove useful in developing a viable investing in E Lead
E-Lead Electronic Co., Ltd. designs and manufactures multi-media and communication products in Taiwan. E-Lead Electronic Co., Ltd. was founded in 1983 and is headquartered in Changhua, Taiwan. E LEAD operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1019 people.
E Lead Stock Technical Analysis
E Lead 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
E Lead Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
E Lead Electronic 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.
E Lead November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how E Lead stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading E Lead shares will generate the highest return on investment. By undertsting and applying E Lead stock market strength indicators, traders can identify E Lead Electronic Co entry and exit signals to maximize returns
E Lead Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for E Lead's price direction in advance. Along with the technical and fundamental analysis of 2497 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2497 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 | 0.0257 | |||
| Jensen Alpha | 0.1032 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.18) |
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Additional Tools for 2497 Stock Analysis
When running E Lead's price analysis, check to measure E Lead'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 E Lead is operating at the current time. Most of E Lead's value examination focuses on studying past and present price action to predict the probability of E Lead's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E Lead's price. Additionally, you may evaluate how the addition of E Lead to your portfolios can decrease your overall portfolio volatility.