WT Microelectronics (Taiwan) Price on September 7, 2023
| 3036A Stock | TWD 49.55 0.05 0.10% |
If you're considering investing in 3036A Stock, it is important to understand the factors that can impact its price. As of today, the current price of WT Microelectronics stands at 49.55, as last reported on the 4th of December, with the highest price reaching 49.60 and the lowest price hitting 49.55 during the day. Currently, WT Microelectronics Co is very steady. WT Microelectronics retains Efficiency (Sharpe Ratio) of 0.34, which attests that the company had a 0.34% return per unit of price deviation over the last 3 months. We have found twenty-eight 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 (7.21), and Variance of 0.068 to validate if the risk estimate we provide is consistent with the expected return of 0.089%.
3036A Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
3036A |
Sharpe Ratio = 0.3369
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Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average WT Microelectronics is performing at about 26% 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 September 7, 2023
It is possible to determine the worth of WT Microelectronics on a given historical date. On September 7, 2023 3036A was worth 45.0 at the beginning of the trading date compared to the closed value of 44.75. 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 | |
| 45.00 | 45.00 | 44.90 | 44.95 | 291,274 | |
09/07/2023 | 45.00 | 45.00 | 44.75 | 44.75 | 348,000 |
| 44.80 | 44.80 | 44.70 | 44.70 | 161,000 |
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WT Microelectronics Trading Date Momentum on September 7, 2023
| On September 08 2023 WT Microelectronics Co was traded for 44.70 at the closing time. The highest price during the trading period was 44.80 and the lowest recorded bid was listed for 44.70 . The volume for the day was 161 K. This history from September 8, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.11% . The trading price change to the current price is 0.67% . |
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. 3036A 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 3036A 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. 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.
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 4, 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 4, 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 3036A Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 3036A 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 | 0.2444 | |||
| Jensen Alpha | 0.0813 | |||
| Total Risk Alpha | 0.0448 | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (7.22) |
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Additional Tools for 3036A 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.