ITE Tech (Taiwan) Price on July 4, 2024
3014 Stock | TWD 139.00 4.00 2.80% |
If you're considering investing in ITE Stock, it is important to understand the factors that can impact its price. As of today, the current price of ITE Tech stands at 139.00, as last reported on the 28th of November, with the highest price reaching 144.00 and the lowest price hitting 139.00 during the day. ITE Tech holds Efficiency (Sharpe) Ratio of -0.02, which attests that the entity had a -0.02% return per unit of return volatility over the last 3 months. ITE Tech exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ITE Tech's Risk Adjusted Performance of 0.0105, semi deviation of 1.95, and insignificant Market Risk Adjusted Performance to validate the risk estimate we provide.
ITE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ITE |
Sharpe Ratio = -0.02
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Negative Returns | 3014 |
Estimated Market Risk
2.21 actual daily | 19 81% 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 | 0 Most of other assets perform better |
Based on monthly moving average ITE Tech 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 ITE Tech by adding ITE Tech to a well-diversified portfolio.
ITE Tech Valuation on July 4, 2024
It is possible to determine the worth of ITE Tech on a given historical date. On July 4, 2024 ITE was worth 171.39 at the beginning of the trading date compared to the closed value of 175.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ITE Tech stock. Still, in general, we apply an absolute valuation method to find ITE Tech'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 ITE Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ITE Tech's related companies.
Open | High | Low | Close | Volume | |
174.00 | 180.00 | 172.00 | 178.50 | 3,645,558 | |
07/04/2024 | 171.39 | 176.64 | 169.95 | 175.68 | 4,097,798 |
176.16 | 176.16 | 171.39 | 171.39 | 2,217,864 |
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ITE Tech Trading Date Momentum on July 4, 2024
On July 05 2024 ITE Tech was traded for 171.39 at the closing time. The highest price during the trading period was 176.16 and the lowest recorded bid was listed for 171.39 . The volume for the day was 2.2 M. This history from July 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.44% . The trading delta at closing time to the current price is 4.66% . |
ITE Tech Fundamentals Correlations and Trends
By evaluating ITE Tech'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 ITE Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ITE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ITE Tech Stock history
ITE Tech 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 ITE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ITE Tech 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 ITE Tech stock prices may prove useful in developing a viable investing in ITE Tech
Inc, a professional fabless IC design company, provides IO, keyboard, and embedded controller technology products in Taiwan and internationally. Inc was founded in 1996 and is headquartered in Hsinchu, Taiwan. ITE TECH operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.
ITE Tech Stock Technical Analysis
ITE Tech 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
ITE Tech Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
ITE Tech 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.
ITE Tech November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how ITE Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ITE Tech shares will generate the highest return on investment. By undertsting and applying ITE Tech stock market strength indicators, traders can identify ITE Tech entry and exit signals to maximize returns
ITE Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ITE Tech's price direction in advance. Along with the technical and fundamental analysis of ITE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ITE 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 | 0.0105 | |||
Jensen Alpha | 0.0135 | |||
Total Risk Alpha | (0.32) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | (0.01) |
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Volume Indicators |
Additional Tools for ITE Stock Analysis
When running ITE Tech's price analysis, check to measure ITE Tech'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 ITE Tech is operating at the current time. Most of ITE Tech's value examination focuses on studying past and present price action to predict the probability of ITE Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITE Tech's price. Additionally, you may evaluate how the addition of ITE Tech to your portfolios can decrease your overall portfolio volatility.