ALi Corp (Taiwan) Price on August 11, 2024
| 3041 Stock | TWD 27.45 0.50 1.86% |
If you're considering investing in ALi Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALi Corp stands at 27.45, as last reported on the 2nd of December, with the highest price reaching 27.50 and the lowest price hitting 26.85 during the day. ALi Corp appears to be somewhat reliable, given 3 months investment horizon. ALi Corp secures Sharpe Ratio (or Efficiency) of 0.0945, which signifies that the company had a 0.0945% return per unit of risk over the last 3 months. By examining ALi Corp's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please makes use of ALi Corp's Downside Deviation of 3.63, risk adjusted performance of 0.0777, and Mean Deviation of 3.2 to double-check if our risk estimates are consistent with your expectations.
ALi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ALi |
Sharpe Ratio = 0.0945
| Best Portfolio | Best Equity | |||
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| Small Returns | 3041 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.01 actual daily | 80 80% of assets are less volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average ALi Corp is performing at about 7% 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 ALi Corp by adding it to a well-diversified portfolio.
ALi Corp Valuation on August 11, 2024
It is possible to determine the worth of ALi Corp on a given historical date. On August 11, 2024 ALi was worth 19.45 at the beginning of the trading date compared to the closed value of 19.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALi Corp stock. Still, in general, we apply an absolute valuation method to find ALi Corp'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 ALi Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALi Corp's related companies.
| Open | High | Low | Close | Volume | |
| 18.75 | 19.15 | 18.55 | 19.00 | 418,416 | |
08/09/2024 | 19.45 | 19.45 | 19.05 | 19.10 | 723,307 |
| 19.40 | 19.60 | 19.15 | 19.50 | 587,046 |
| Backtest ALi Corp | | | ALi Corp History | | | ALi Corp Valuation | Previous | Next |
ALi Corp Trading Date Momentum on August 11, 2024
| On August 12 2024 ALi Corp was traded for 19.50 at the closing time. The highest price during the trading period was 19.60 and the lowest recorded bid was listed for 19.15 . The volume for the day was 587 K. This history from August 12, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.09% . The overall trading delta to the current price is 2.09% . |
ALi Corp Fundamentals Correlations and Trends
By evaluating ALi Corp'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 ALi Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ALi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ALi Corp Stock history
ALi Corp 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 ALi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALi Corp 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 ALi Corp stock prices may prove useful in developing a viable investing in ALi Corp
ALi Corporation develops and sells set-top box system-on-chips worldwide. ALi Corporation was founded in 1987 and is headquartered in Taipei, Taiwan. ALI CORPORATION operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.
ALi Corp Stock Technical Analysis
ALi Corp 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
ALi Corp Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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ALi Corp December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how ALi Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALi Corp shares will generate the highest return on investment. By undertsting and applying ALi Corp stock market strength indicators, traders can identify ALi Corp entry and exit signals to maximize returns
ALi Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALi Corp's price direction in advance. Along with the technical and fundamental analysis of ALi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALi 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 | 0.0777 | |||
| Jensen Alpha | 0.8628 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | 0.1801 | |||
| Treynor Ratio | (1.21) |
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| Volume Indicators |
Additional Tools for ALi Stock Analysis
When running ALi Corp's price analysis, check to measure ALi Corp'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 ALi Corp is operating at the current time. Most of ALi Corp's value examination focuses on studying past and present price action to predict the probability of ALi Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALi Corp's price. Additionally, you may evaluate how the addition of ALi Corp to your portfolios can decrease your overall portfolio volatility.