U Tech (Taiwan) Price on November 14, 2023
3050 Stock | TWD 18.80 0.80 4.08% |
If you're considering investing in 3050 Stock, it is important to understand the factors that can impact its price. As of today, the current price of U Tech stands at 18.80, as last reported on the 27th of November, with the highest price reaching 19.70 and the lowest price hitting 18.70 during the day. U Tech Media owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.069, which indicates the company had a -0.069% return per unit of standard deviation over the last 3 months. U Tech Media Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate U Tech's Risk Adjusted Performance of (0.08), market risk adjusted performance of (1.16), and Standard Deviation of 2.28 to confirm the risk estimate we provide.
3050 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
3050 |
Sharpe Ratio = -0.069
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Estimated Market Risk
2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average U Tech 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 U Tech by adding U Tech to a well-diversified portfolio.
U Tech Valuation on November 14, 2023
It is possible to determine the worth of U Tech on a given historical date. On November 14, 2023 3050 was worth 14.5 at the beginning of the trading date compared to the closed value of 14.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of U Tech stock. Still, in general, we apply an absolute valuation method to find U Tech'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 U Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against U Tech's related companies.
Open | High | Low | Close | Volume | |
15.00 | 15.00 | 13.90 | 14.45 | 1,278,649 | |
11/14/2023 | 14.50 | 14.65 | 14.40 | 14.55 | 231,698 |
14.65 | 14.85 | 14.55 | 14.75 | 316,557 |
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U Tech Trading Date Momentum on November 14, 2023
On November 15 2023 U Tech Media Corp was traded for 14.75 at the closing time. The highest price during the trading period was 14.85 and the lowest recorded bid was listed for 14.55 . The volume for the day was 316.6 K. This history from November 15, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 1.37% . The trading price change to the current price is 3.44% . |
U Tech Media Fundamentals Correlations and Trends
By evaluating U Tech'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 U Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 3050 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About U Tech Stock history
U Tech 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 3050 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in U Tech Media 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 U Tech stock prices may prove useful in developing a viable investing in U Tech
U-Tech Media Corporation researches, develops, manufactures, and sells pre-recorded optical media products worldwide. U-Tech Media Corporation was founded in 1999 and is headquartered in Taoyuan, Taiwan. U TECH is traded on Taiwan Stock Exchange in Taiwan.
U Tech Stock Technical Analysis
U Tech 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
U Tech Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
U Tech Media Corp 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.
U Tech November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how U Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading U Tech shares will generate the highest return on investment. By undertsting and applying U Tech stock market strength indicators, traders can identify U Tech Media Corp entry and exit signals to maximize returns
U Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for U Tech's price direction in advance. Along with the technical and fundamental analysis of 3050 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 3050 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 | (0.08) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.61) | |||
Treynor Ratio | (1.17) |
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Additional Tools for 3050 Stock Analysis
When running U Tech's price analysis, check to measure U Tech'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 U Tech is operating at the current time. Most of U Tech's value examination focuses on studying past and present price action to predict the probability of U Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move U Tech's price. Additionally, you may evaluate how the addition of U Tech to your portfolios can decrease your overall portfolio volatility.