AOPEN (Taiwan) Price on November 24, 2024
| 3046 Stock | TWD 54.90 1.40 2.49% |
If you're considering investing in AOPEN Stock, it is important to understand the factors that can impact its price. As of today, the current price of AOPEN stands at 54.90, as last reported on the 28th of November, with the highest price reaching 56.20 and the lowest price hitting 54.50 during the day. AOPEN Inc secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. AOPEN Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AOPEN's risk adjusted performance of (0.12), and Mean Deviation of 1.07 to double-check the risk estimate we provide.
AOPEN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AOPEN |
Sharpe Ratio = -0.1958
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3046 |
Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AOPEN 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 AOPEN by adding AOPEN to a well-diversified portfolio.
AOPEN Valuation on November 24, 2024
It is possible to determine the worth of AOPEN on a given historical date. On November 24, 2024 AOPEN was worth 55.9 at the beginning of the trading date compared to the closed value of 56.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AOPEN stock. Still, in general, we apply an absolute valuation method to find AOPEN'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 AOPEN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AOPEN's related companies.
| Open | High | Low | Close | Volume | |
| 55.10 | 55.70 | 55.00 | 55.60 | 48,505 | |
11/22/2024 | 55.90 | 56.60 | 55.80 | 56.10 | 129,521 |
| 56.70 | 56.80 | 56.10 | 56.30 | 110,347 |
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AOPEN Trading Date Momentum on November 24, 2024
| On November 25 2024 AOPEN Inc was traded for 56.30 at the closing time. The highest price during the trading period was 56.80 and the lowest recorded bid was listed for 56.10 . The volume for the day was 110.3 K. This history from November 25, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.36% . The overall trading delta to the current price is 0.18% . |
AOPEN Inc Fundamentals Correlations and Trends
By evaluating AOPEN'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 AOPEN's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AOPEN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AOPEN Stock history
AOPEN 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 AOPEN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AOPEN Inc 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 AOPEN stock prices may prove useful in developing a viable investing in AOPEN
Aopen Inc. manufactures and sells ultra-small computers and digital signage products for home and business applications worldwide. The company was founded in 1996 and is based in New Taipei City, Taiwan. AOPEN INC is traded on Taiwan Stock Exchange in Taiwan.
AOPEN Stock Technical Analysis
AOPEN 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
AOPEN Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
AOPEN Inc 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.
AOPEN November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how AOPEN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AOPEN shares will generate the highest return on investment. By undertsting and applying AOPEN stock market strength indicators, traders can identify AOPEN Inc entry and exit signals to maximize returns
AOPEN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AOPEN's price direction in advance. Along with the technical and fundamental analysis of AOPEN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AOPEN 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 | (0.12) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.60) |
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| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for AOPEN Stock Analysis
When running AOPEN's price analysis, check to measure AOPEN'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 AOPEN is operating at the current time. Most of AOPEN's value examination focuses on studying past and present price action to predict the probability of AOPEN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AOPEN's price. Additionally, you may evaluate how the addition of AOPEN to your portfolios can decrease your overall portfolio volatility.