Hi Sharp (Taiwan) Price on November 22, 2023

3128 Stock  TWD 27.90  0.35  1.27%   
If you're considering investing in 3128 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hi Sharp stands at 27.90, as last reported on the 30th of November, with the highest price reaching 28.30 and the lowest price hitting 27.60 during the day. Hi Sharp Electronics retains Efficiency (Sharpe Ratio) of -0.0268, which attests that the entity had a -0.0268% return per unit of price deviation over the last 3 months. Hi Sharp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hi Sharp's Coefficient Of Variation of (7,389), market risk adjusted performance of (0.11), and Information Ratio of (0.09) to validate the risk estimate we provide.
  
3128 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0268

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Negative Returns3128

Estimated Market Risk

 1.92
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hi Sharp 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 Hi Sharp by adding Hi Sharp to a well-diversified portfolio.

Hi Sharp Valuation on November 22, 2023

It is possible to determine the worth of Hi Sharp on a given historical date. On November 22, 2023 3128 was worth 31.45 at the beginning of the trading date compared to the closed value of 32.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hi Sharp stock. Still, in general, we apply an absolute valuation method to find Hi Sharp'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 Hi Sharp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hi Sharp's related companies.
 Open High Low Close Volume
  31.45    31.70    31.20    31.45    185,000  
11/22/2023
  31.45    32.65    31.45    32.20    389,000  
  32.50    32.60    31.55    32.15    286,000  
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Open Value
31.45
32.2
Closing Value
37.22
Upside

Hi Sharp Trading Date Momentum on November 22, 2023

On November 23 2023 Hi Sharp Electronics was traded for  32.15  at the closing time. The highest price during the trading period was 32.60  and the lowest recorded bid was listed for  31.55 . The volume for the day was 286 K. This history from November 23, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.16% . The trading delta at closing time to the current price is 3.73% .

Hi Sharp Electronics Fundamentals Correlations and Trends

By evaluating Hi Sharp'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 Hi Sharp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 3128 financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hi Sharp Stock history

Hi Sharp 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 3128 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hi Sharp Electronics 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 Hi Sharp stock prices may prove useful in developing a viable investing in Hi Sharp

Hi Sharp Stock Technical Analysis

Hi Sharp 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.
A focus of Hi Sharp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hi Sharp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hi Sharp Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hi Sharp Electronics cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.

Hi Sharp November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Hi Sharp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hi Sharp shares will generate the highest return on investment. By undertsting and applying Hi Sharp stock market strength indicators, traders can identify Hi Sharp Electronics entry and exit signals to maximize returns

Hi Sharp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hi Sharp's price direction in advance. Along with the technical and fundamental analysis of 3128 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 3128 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.

Additional Tools for 3128 Stock Analysis

When running Hi Sharp's price analysis, check to measure Hi Sharp'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 Hi Sharp is operating at the current time. Most of Hi Sharp's value examination focuses on studying past and present price action to predict the probability of Hi Sharp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi Sharp's price. Additionally, you may evaluate how the addition of Hi Sharp to your portfolios can decrease your overall portfolio volatility.