Sinbon Electronics (Taiwan) Price on March 19, 2024
| 3023 Stock | TWD 261.00 4.50 1.75% |
If you're considering investing in Sinbon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinbon Electronics stands at 261.00, as last reported on the 11th of December 2024, with the highest price reaching 262.00 and the lowest price hitting 257.00 during the day. Sinbon Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0999, which indicates the firm had a -0.0999% return per unit of risk over the last 3 months. Sinbon Electronics Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sinbon Electronics' Variance of 3.43, coefficient of variation of (1,191), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
Sinbon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinbon |
Sharpe Ratio = -0.0999
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| Negative Returns | 3023 |
Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sinbon Electronics 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 Sinbon Electronics by adding Sinbon Electronics to a well-diversified portfolio.
Sinbon Electronics Valuation on March 19, 2024
It is possible to determine the worth of Sinbon Electronics on a given historical date. On March 19, 2024 Sinbon was worth 260.0 at the beginning of the trading date compared to the closed value of 261.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinbon Electronics stock. Still, in general, we apply an absolute valuation method to find Sinbon Electronics' 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 Sinbon Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinbon Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 265.00 | 265.50 | 260.00 | 262.00 | 546,126 | |
03/19/2024 | 260.00 | 263.00 | 259.00 | 261.00 | 1,122,270 |
| 261.50 | 263.00 | 258.50 | 261.50 | 700,670 |
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Sinbon Electronics Trading Date Momentum on March 19, 2024
| On March 20 2024 Sinbon Electronics Co was traded for 261.50 at the closing time. The highest price during the trading period was 263.00 and the lowest recorded bid was listed for 258.50 . The volume for the day was 700.7 K. This history from March 20, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.19% . The trading price change to the current price is 8.05% . |
Sinbon Electronics Fundamentals Correlations and Trends
By evaluating Sinbon Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sinbon Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinbon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sinbon Electronics Stock history
Sinbon Electronics 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 Sinbon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinbon Electronics 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 Sinbon Electronics stock prices may prove useful in developing a viable investing in Sinbon Electronics
SINBON Electronics Co., Ltd. manufactures and sells computer peripherals, connectors, wires, and other parts in Mainland China, the United States, Taiwan, and internationally. SINBON Electronics Co., Ltd. was founded in 1989 and is headquartered in New Taipei City, Taiwan. SINBON ELECTRONICS operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 6260 people.
Sinbon Electronics Stock Technical Analysis
Sinbon Electronics 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
Sinbon Electronics Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Sinbon Electronics 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.
Sinbon Electronics December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sinbon Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinbon Electronics shares will generate the highest return on investment. By undertsting and applying Sinbon Electronics stock market strength indicators, traders can identify Sinbon Electronics Co entry and exit signals to maximize returns
Sinbon Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinbon Electronics' price direction in advance. Along with the technical and fundamental analysis of Sinbon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinbon 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 | (0.05) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.41) |
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Additional Tools for Sinbon Stock Analysis
When running Sinbon Electronics' price analysis, check to measure Sinbon Electronics' 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 Sinbon Electronics is operating at the current time. Most of Sinbon Electronics' value examination focuses on studying past and present price action to predict the probability of Sinbon Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinbon Electronics' price. Additionally, you may evaluate how the addition of Sinbon Electronics to your portfolios can decrease your overall portfolio volatility.