WT Microelectronics (Taiwan) Price on February 27, 2024
| 3036 Stock | TWD 107.50 1.00 0.94% |
If you're considering investing in 3036 Stock, it is important to understand the factors that can impact its price. As of today, the current price of WT Microelectronics stands at 107.50, as last reported on the 11th of December 2024, with the highest price reaching 108.50 and the lowest price hitting 105.50 during the day. At this stage we consider 3036 Stock to be very steady. WT Microelectronics retains Efficiency (Sharpe Ratio) of 0.0174, which attests that the company had a 0.0174% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for WT Microelectronics, which you can use to evaluate the volatility of the company. Please check out WT Microelectronics' market risk adjusted performance of 0.049, and Standard Deviation of 2.13 to validate if the risk estimate we provide is consistent with the expected return of 0.0373%.
3036 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
3036 |
Sharpe Ratio = 0.0174
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3036 |
Estimated Market Risk
| 2.14 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 | 1 99% of assets perform better |
Based on monthly moving average WT Microelectronics is performing at about 1% of its full potential. 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 WT Microelectronics by adding it to a well-diversified portfolio.
WT Microelectronics Valuation on February 27, 2024
It is possible to determine the worth of WT Microelectronics on a given historical date. On February 27, 2024 3036 was worth 173.5 at the beginning of the trading date compared to the closed value of 170.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WT Microelectronics stock. Still, in general, we apply an absolute valuation method to find WT Microelectronics' 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 WT Microelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WT Microelectronics' related companies.
| Open | High | Low | Close | Volume | |
| 170.50 | 176.50 | 170.50 | 175.50 | 15,184,825 | |
02/27/2024 | 173.50 | 174.50 | 166.00 | 170.00 | 12,539,508 |
| 170.00 | 172.50 | 169.00 | 171.50 | 7,513,571 |
| Backtest WT Microelectronics | | | WT Microelectronics History | | | WT Microelectronics Valuation | Previous | Next |
WT Microelectronics Trading Date Momentum on February 27, 2024
| On February 29 2024 WT Microelectronics Co was traded for 171.50 at the closing time. The highest price during the trading period was 172.50 and the lowest recorded bid was listed for 169.00 . The volume for the day was 7.5 M. This history from February 29, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.88% . The trading price change to the current price is 2.35% . |
WT Microelectronics Fundamentals Correlations and Trends
By evaluating WT Microelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WT Microelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 3036 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WT Microelectronics Stock history
WT Microelectronics 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 3036 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WT Microelectronics 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 WT Microelectronics stock prices may prove useful in developing a viable investing in WT Microelectronics
WT Microelectronics Co., Ltd., together with its subsidiaries, develops and sells electronic and communication components in Taiwan, China, South Korea, Singapore, India, Thailand, Malaysia, and Vietnam. WT Microelectronics Co., Ltd. was founded in 1993 and is headquartered in New Taipei City, Taiwan. WT MICROELECTRONICS operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 2300 people.
WT Microelectronics Stock Technical Analysis
WT Microelectronics 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
WT Microelectronics Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
WT Microelectronics 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.
WT Microelectronics December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how WT Microelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WT Microelectronics shares will generate the highest return on investment. By undertsting and applying WT Microelectronics stock market strength indicators, traders can identify WT Microelectronics Co entry and exit signals to maximize returns
WT Microelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WT Microelectronics' price direction in advance. Along with the technical and fundamental analysis of 3036 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 3036 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 | 0.0189 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.039 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for 3036 Stock Analysis
When running WT Microelectronics' price analysis, check to measure WT Microelectronics' 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 WT Microelectronics is operating at the current time. Most of WT Microelectronics' value examination focuses on studying past and present price action to predict the probability of WT Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WT Microelectronics' price. Additionally, you may evaluate how the addition of WT Microelectronics to your portfolios can decrease your overall portfolio volatility.