Emerging Display (Taiwan) Price on July 12, 2023

3038 Stock  TWD 26.90  0.25  0.94%   
If you're considering investing in Emerging Stock, it is important to understand the factors that can impact its price. As of today, the current price of Emerging Display stands at 26.90, as last reported on the 30th of November, with the highest price reaching 26.90 and the lowest price hitting 26.50 during the day. Emerging Display Tec secures Sharpe Ratio (or Efficiency) of -0.0345, which denotes the company had a -0.0345% return per unit of risk over the last 3 months. Emerging Display Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emerging Display's Mean Deviation of 0.8373, variance of 1.3, and Standard Deviation of 1.14 to check the risk estimate we provide.
  
Emerging Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0345

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Estimated Market Risk

 1.16
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.04
  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 Emerging Display 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 Emerging Display by adding Emerging Display to a well-diversified portfolio.

Emerging Display Valuation on July 12, 2023

It is possible to determine the worth of Emerging Display on a given historical date. On July 12, 2023 Emerging was worth 39.3 at the beginning of the trading date compared to the closed value of 36.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Emerging Display stock. Still, in general, we apply an absolute valuation method to find Emerging Display'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 Emerging Display where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Emerging Display's related companies.
 Open High Low Close Volume
  37.50    38.25    36.60    36.70    5,710,481  
07/12/2023
  39.30    39.30    36.25    36.35    6,601,538  
  36.50    36.90    35.15    35.35    5,797,386  
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Open Value
39.3
36.35
Closing Value
42.77
Upside

Emerging Display Trading Date Momentum on July 12, 2023

On July 13 2023 Emerging Display Technologies was traded for  35.35  at the closing time. The highest price during the trading period was 36.90  and the lowest recorded bid was listed for  35.15 . The volume for the day was 5.8 M. This history from July 13, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.75% . The overall trading delta to the current price is 0.96% .

Emerging Display Tec Fundamentals Correlations and Trends

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

About Emerging Display Stock history

Emerging Display 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 Emerging is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Emerging Display Tec 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 Emerging Display stock prices may prove useful in developing a viable investing in Emerging Display
Emerging Display Technologies Corporation, together with its subsidiaries, designs, manufactures, and sells capacitive touch panels and liquid crystal display modules in Mainland China, Europe, North America, Japan, Taiwan, South Korea, and internationally.

Emerging Display Stock Technical Analysis

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

Emerging Display Period Price Range

Low
November 30, 2024
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High

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Emerging Display Technologies 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.

Emerging Display November 30, 2024 Market Strength

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

Emerging Display Technical and Predictive Indicators

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

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