Wah Lee (Taiwan) Price on August 9, 2023
3010 Stock | TWD 121.50 1.00 0.83% |
If you're considering investing in Wah Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wah Lee stands at 121.50, as last reported on the 30th of November, with the highest price reaching 121.50 and the lowest price hitting 119.50 during the day. Wah Lee Industrial shows Sharpe Ratio of -0.0702, which attests that the company had a -0.0702% return per unit of risk over the last 3 months. Wah Lee Industrial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wah Lee's Market Risk Adjusted Performance of (0.25), mean deviation of 1.29, and Standard Deviation of 1.74 to validate the risk estimate we provide.
Wah Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wah |
Sharpe Ratio = -0.0702
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Estimated Market Risk
1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wah Lee 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 Wah Lee by adding Wah Lee to a well-diversified portfolio.
Wah Lee Valuation on August 9, 2023
It is possible to determine the worth of Wah Lee on a given historical date. On August 9, 2023 Wah was worth 82.9 at the beginning of the trading date compared to the closed value of 84.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wah Lee stock. Still, in general, we apply an absolute valuation method to find Wah Lee'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 Wah Lee where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wah Lee's related companies.
Open | High | Low | Close | Volume | |
80.20 | 80.30 | 80.00 | 80.00 | 249,924 | |
08/09/2023 | 82.90 | 86.40 | 82.90 | 84.70 | 2,078,450 |
85.20 | 86.30 | 84.70 | 85.20 | 785,237 |
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Wah Lee Trading Date Momentum on August 9, 2023
On August 10 2023 Wah Lee Industrial was traded for 85.20 at the closing time. The highest price during the trading period was 86.30 and the lowest recorded bid was listed for 84.70 . The volume for the day was 785.2 K. This history from August 10, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.59% . The trading price change to the current price is 2.95% . |
Wah Lee Industrial Fundamentals Correlations and Trends
By evaluating Wah Lee'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 Wah Lee's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wah financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wah Lee Stock history
Wah Lee 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 Wah is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wah Lee Industrial 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 Wah Lee stock prices may prove useful in developing a viable investing in Wah Lee
Wah Lee Industrial Corp. distributes materials and equipment for the composite material, engineering plastic, PCB, semiconductor, FPD, touch panel, optoelectronic, and green energy industries. Wah Lee Industrial Corp. was founded in 1968 and is headquartered in Kaohsiung City, Taiwan. WAH LEE operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.
Wah Lee Stock Technical Analysis
Wah Lee 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
Wah Lee Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Wah Lee Industrial 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.
Wah Lee November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Wah Lee stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wah Lee shares will generate the highest return on investment. By undertsting and applying Wah Lee stock market strength indicators, traders can identify Wah Lee Industrial entry and exit signals to maximize returns
Wah Lee Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wah Lee's price direction in advance. Along with the technical and fundamental analysis of Wah Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wah 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 | (0.06) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | (0.26) |
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Additional Tools for Wah Stock Analysis
When running Wah Lee's price analysis, check to measure Wah Lee'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 Wah Lee is operating at the current time. Most of Wah Lee's value examination focuses on studying past and present price action to predict the probability of Wah Lee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wah Lee's price. Additionally, you may evaluate how the addition of Wah Lee to your portfolios can decrease your overall portfolio volatility.