Sinbon Electronics (Taiwan) Price on March 20, 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' Risk Adjusted Performance of (0.05), variance of 3.43, and Coefficient Of Variation of (1,191) 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.

Sharpe Ratio = -0.0999

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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 20, 2024

It is possible to determine the worth of Sinbon Electronics on a given historical date. On March 20, 2024 Sinbon was worth 261.5 at the beginning of the trading date compared to the closed value of 261.5. 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
  260.00    263.00    259.00    261.00    1,122,270  
03/20/2024
  261.50    263.00    258.50    261.50    700,670  
  265.00    276.00    264.00    275.00    2,039,450  
Backtest Sinbon Electronics  |  Sinbon Electronics History  |  Sinbon Electronics Valuation   PreviousNext  
Open Value
261.5
256.34
Downside
261.5
Closing Value
266.66
Upside

Sinbon Electronics Trading Date Momentum on March 20, 2024

On March 21 2024 Sinbon Electronics Co was traded for  275.00  at the closing time. The highest price during the trading period was 276.00  and the lowest recorded bid was listed for  264.00 . The volume for the day was 2 M. This history from March 21, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 5.16% . The trading price change to the current price is 7.07% .

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.
A focus of Sinbon Electronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sinbon Electronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sinbon Electronics Period Price Range

Low
December 11, 2024
0.00  NaN%
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.

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.