Weikeng Industrial (Taiwan) Price on July 29, 2024

3033 Stock  TWD 33.75  0.40  1.17%   
If you're considering investing in Weikeng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Weikeng Industrial stands at 33.75, as last reported on the 14th of December 2024, with the highest price reaching 34.10 and the lowest price hitting 33.55 during the day. Weikeng Industrial shows Sharpe Ratio of -0.0313, which attests that the company had a -0.0313% return per unit of risk over the last 3 months. Weikeng Industrial exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Weikeng Industrial's Downside Deviation of 0.9674, mean deviation of 0.8095, and Market Risk Adjusted Performance of 0.0375 to validate the risk estimate we provide.
  
Weikeng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0313

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Estimated Market Risk

 1.02
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Weikeng Industrial 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 Weikeng Industrial by adding Weikeng Industrial to a well-diversified portfolio.

Weikeng Industrial Valuation on July 29, 2024

It is possible to determine the worth of Weikeng Industrial on a given historical date. On July 29, 2024 Weikeng was worth 34.1 at the beginning of the trading date compared to the closed value of 33.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weikeng Industrial stock. Still, in general, we apply an absolute valuation method to find Weikeng Industrial'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 Weikeng Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weikeng Industrial's related companies.
 Open High Low Close Volume
  34.80    35.00    33.70    33.90    10,269,063  
07/29/2024
  34.10    34.30    33.05    33.10    6,043,664  
  32.80    33.20    32.40    33.20    2,958,132  
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Open Value
34.1
33.1
Closing Value
37.17
Upside

Weikeng Industrial Trading Date Momentum on July 29, 2024

On July 30 2024 Weikeng Industrial Co was traded for  33.20  at the closing time. The highest price during the trading period was 33.20  and the lowest recorded bid was listed for  32.40 . The volume for the day was 3 M. This history from July 30, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.30% . The trading price change to the current price is 3.93% .

Weikeng Industrial Fundamentals Correlations and Trends

By evaluating Weikeng Industrial'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 Weikeng Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weikeng financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Weikeng Industrial Stock history

Weikeng Industrial 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 Weikeng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weikeng 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 Weikeng Industrial stock prices may prove useful in developing a viable investing in Weikeng Industrial
Weikeng Industrial Co., Ltd. distributes electronic components and peripherals for computing, communications, consumer, automotive, and industrial applications in Taiwan. Weikeng Industrial Co., Ltd. was founded in 1977 and is headquartered in Taipei, Taiwan. WEIKENG INDUSTRIAL operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.

Weikeng Industrial Stock Technical Analysis

Weikeng Industrial 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 Weikeng Industrial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Weikeng Industrial 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

Weikeng Industrial Period Price Range

Low
December 14, 2024
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High

 0.00 

     

 0.00 

Weikeng Industrial 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.

Weikeng Industrial December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Weikeng Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Weikeng Industrial shares will generate the highest return on investment. By undertsting and applying Weikeng Industrial stock market strength indicators, traders can identify Weikeng Industrial Co entry and exit signals to maximize returns

Weikeng Industrial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Weikeng Industrial's price direction in advance. Along with the technical and fundamental analysis of Weikeng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weikeng 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 Weikeng Stock Analysis

When running Weikeng Industrial's price analysis, check to measure Weikeng Industrial'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 Weikeng Industrial is operating at the current time. Most of Weikeng Industrial's value examination focuses on studying past and present price action to predict the probability of Weikeng Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weikeng Industrial's price. Additionally, you may evaluate how the addition of Weikeng Industrial to your portfolios can decrease your overall portfolio volatility.