HannsTouch Solution (Taiwan) Price on December 4, 2023
3049 Stock | TWD 10.60 0.50 4.50% |
If you're considering investing in HannsTouch Stock, it is important to understand the factors that can impact its price. As of today, the current price of HannsTouch Solution stands at 10.60, as last reported on the 28th of November, with the highest price reaching 11.10 and the lowest price hitting 10.60 during the day. HannsTouch Solution appears to be somewhat reliable, given 3 months investment horizon. HannsTouch Solution holds Efficiency (Sharpe) Ratio of 0.0782, which attests that the entity had a 0.0782% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for HannsTouch Solution, which you can use to evaluate the volatility of the firm. Please utilize HannsTouch Solution's Market Risk Adjusted Performance of (2.66), risk adjusted performance of 0.0497, and Downside Deviation of 2.87 to validate if our risk estimates are consistent with your expectations.
HannsTouch Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HannsTouch |
Sharpe Ratio = 0.0782
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Estimated Market Risk
3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average HannsTouch Solution is performing at about 6% 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 HannsTouch Solution by adding it to a well-diversified portfolio.
HannsTouch Solution Valuation on December 4, 2023
It is possible to determine the worth of HannsTouch Solution on a given historical date. On December 4, 2023 HannsTouch was worth 9.8 at the beginning of the trading date compared to the closed value of 9.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HannsTouch Solution stock. Still, in general, we apply an absolute valuation method to find HannsTouch Solution'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 HannsTouch Solution where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HannsTouch Solution's related companies.
Open | High | Low | Close | Volume | |
9.66 | 9.78 | 9.65 | 9.73 | 1,182,321 | |
12/04/2023 | 9.80 | 9.95 | 9.79 | 9.83 | 2,521,017 |
9.85 | 9.86 | 9.68 | 9.79 | 1,408,834 |
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HannsTouch Solution Trading Date Momentum on December 4, 2023
On December 05 2023 HannsTouch Solution was traded for 9.79 at the closing time. The highest price during the trading period was 9.86 and the lowest recorded bid was listed for 9.68 . The volume for the day was 1.4 M. This history from December 5, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.41% . The trading delta at closing time to the current price is 0.92% . |
HannsTouch Solution Fundamentals Correlations and Trends
By evaluating HannsTouch Solution'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 HannsTouch Solution's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HannsTouch financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HannsTouch Solution Stock history
HannsTouch Solution 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 HannsTouch is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HannsTouch Solution 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 HannsTouch Solution stock prices may prove useful in developing a viable investing in HannsTouch Solution
HannsTouch Solution Incorporated engages in the research, development, production, and sale of touch panels in Taiwan. The company was founded in 1999 and is based in Tainan City, Taiwan. HANNSTOUCH SOLUTION operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
HannsTouch Solution Stock Technical Analysis
HannsTouch Solution 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
HannsTouch Solution Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
HannsTouch Solution 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.
HannsTouch Solution November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how HannsTouch Solution stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HannsTouch Solution shares will generate the highest return on investment. By undertsting and applying HannsTouch Solution stock market strength indicators, traders can identify HannsTouch Solution entry and exit signals to maximize returns
HannsTouch Solution Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HannsTouch Solution's price direction in advance. Along with the technical and fundamental analysis of HannsTouch Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HannsTouch 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 | 0.0497 | |||
Jensen Alpha | 0.1943 | |||
Total Risk Alpha | (0.35) | |||
Sortino Ratio | 0.0247 | |||
Treynor Ratio | (2.67) |
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Additional Tools for HannsTouch Stock Analysis
When running HannsTouch Solution's price analysis, check to measure HannsTouch Solution'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 HannsTouch Solution is operating at the current time. Most of HannsTouch Solution's value examination focuses on studying past and present price action to predict the probability of HannsTouch Solution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HannsTouch Solution's price. Additionally, you may evaluate how the addition of HannsTouch Solution to your portfolios can decrease your overall portfolio volatility.