Edom Technology (Taiwan) Price on July 12, 2024
3048 Stock | TWD 30.50 0.35 1.13% |
If you're considering investing in Edom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Edom Technology stands at 30.50, as last reported on the 11th of December 2024, with the highest price reaching 31.30 and the lowest price hitting 30.30 during the day. Edom Technology secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Edom Technology Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Edom Technology's Standard Deviation of 2.68, mean deviation of 1.82, and Variance of 7.16 to check the risk estimate we provide.
Edom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Edom |
Sharpe Ratio = -0.1486
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 3048 |
Estimated Market Risk
2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Edom Technology 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 Edom Technology by adding Edom Technology to a well-diversified portfolio.
Edom Technology Valuation on July 12, 2024
It is possible to determine the worth of Edom Technology on a given historical date. On July 12, 2024 Edom was worth 48.85 at the beginning of the trading date compared to the closed value of 49.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Edom Technology stock. Still, in general, we apply an absolute valuation method to find Edom Technology'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 Edom Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Edom Technology's related companies.
Open | High | Low | Close | Volume | |
52.50 | 53.20 | 49.80 | 50.10 | 22,146,308 | |
07/12/2024 | 48.85 | 51.70 | 48.20 | 49.85 | 12,383,934 |
49.80 | 50.60 | 48.55 | 48.80 | 5,988,949 |
Backtest Edom Technology | | | Edom Technology History | | | Edom Technology Valuation | Previous | Next |
Edom Technology Trading Date Momentum on July 12, 2024
On July 15 2024 Edom Technology Co was traded for 48.80 at the closing time. The highest price during the trading period was 50.60 and the lowest recorded bid was listed for 48.55 . The volume for the day was 6 M. This history from July 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.11% . The overall trading delta to the current price is 4.71% . |
Edom Technology Fundamentals Correlations and Trends
By evaluating Edom Technology'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 Edom Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Edom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Edom Technology Stock history
Edom Technology 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 Edom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Edom Technology 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 Edom Technology stock prices may prove useful in developing a viable investing in Edom Technology
EDOM Technology Co., Ltd. engages in the distribution of electronic parts, computer hardware, software, and equipment in Taiwan and internationally. EDOM Technology Co., Ltd. was founded in 1996 and is headquartered in Taipei, Taiwan. EDOM TECHNOLOGY operates under Electronics Distribution classification in Taiwan and is traded on Taiwan Stock Exchange.
Edom Technology Stock Technical Analysis
Edom Technology 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
Edom Technology Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Edom Technology 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.
Edom Technology December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Edom Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Edom Technology shares will generate the highest return on investment. By undertsting and applying Edom Technology stock market strength indicators, traders can identify Edom Technology Co entry and exit signals to maximize returns
Edom Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Edom Technology's price direction in advance. Along with the technical and fundamental analysis of Edom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Edom 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 | (0.1) | |||
Jensen Alpha | (0.46) | |||
Total Risk Alpha | (0.82) | |||
Treynor Ratio | (0.82) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Edom Stock Analysis
When running Edom Technology's price analysis, check to measure Edom Technology'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 Edom Technology is operating at the current time. Most of Edom Technology's value examination focuses on studying past and present price action to predict the probability of Edom Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edom Technology's price. Additionally, you may evaluate how the addition of Edom Technology to your portfolios can decrease your overall portfolio volatility.