Advanced Ceramic (Taiwan) Price on August 24, 2023
3152 Stock | TWD 169.50 2.50 1.45% |
If you're considering investing in Advanced Stock, it is important to understand the factors that can impact its price. As of today, the current price of Advanced Ceramic stands at 169.50, as last reported on the 28th of November, with the highest price reaching 174.00 and the lowest price hitting 169.00 during the day. Advanced Ceramic X secures Sharpe Ratio (or Efficiency) of -0.0208, which signifies that the company had a -0.0208% return per unit of risk over the last 3 months. Advanced Ceramic X exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advanced Ceramic's Mean Deviation of 1.78, risk adjusted performance of 0.0216, and Downside Deviation of 2.08 to double-check the risk estimate we provide.
Advanced Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Advanced |
Sharpe Ratio = -0.0208
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Negative Returns | 3152 |
Estimated Market Risk
2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Advanced Ceramic 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 Advanced Ceramic by adding Advanced Ceramic to a well-diversified portfolio.
Advanced Ceramic Valuation on August 24, 2023
It is possible to determine the worth of Advanced Ceramic on a given historical date. On August 24, 2023 Advanced was worth 176.02 at the beginning of the trading date compared to the closed value of 179.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advanced Ceramic stock. Still, in general, we apply an absolute valuation method to find Advanced Ceramic'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 Advanced Ceramic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advanced Ceramic's related companies.
Open | High | Low | Close | Volume | |
177.49 | 177.98 | 172.11 | 175.04 | 118,000 | |
08/24/2023 | 176.02 | 183.36 | 176.02 | 179.93 | 113,000 |
177.98 | 181.40 | 177.49 | 179.44 | 29,000 |
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Advanced Ceramic Trading Date Momentum on August 24, 2023
On August 25 2023 Advanced Ceramic X was traded for 179.44 at the closing time. The highest price during the trading period was 181.40 and the lowest recorded bid was listed for 177.49 . The volume for the day was 29 K. This history from August 25, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.27% . The overall trading delta to the current price is 8.70% . |
Advanced Ceramic X Fundamentals Correlations and Trends
By evaluating Advanced Ceramic'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 Advanced Ceramic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advanced financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Advanced Ceramic Stock history
Advanced Ceramic 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 Advanced is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advanced Ceramic X 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 Advanced Ceramic stock prices may prove useful in developing a viable investing in Advanced Ceramic
Advanced Ceramic X Corporation designs, manufactures, and sells RF front-end devices and modules for wireless communication applications in Taiwan. Advanced Ceramic X Corporation was founded in 1998 and is headquartered in Hsinchu County, Taiwan. ADVANCED CERAMIC operates under Communication Equipment classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 292 people.
Advanced Ceramic Stock Technical Analysis
Advanced Ceramic 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
Advanced Ceramic Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Advanced Ceramic X 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.
Advanced Ceramic November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Advanced Ceramic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advanced Ceramic shares will generate the highest return on investment. By undertsting and applying Advanced Ceramic stock market strength indicators, traders can identify Advanced Ceramic X entry and exit signals to maximize returns
Advanced Ceramic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Advanced Ceramic's price direction in advance. Along with the technical and fundamental analysis of Advanced Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advanced 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 | 0.0216 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.35) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.1169 |
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Additional Tools for Advanced Stock Analysis
When running Advanced Ceramic's price analysis, check to measure Advanced Ceramic'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 Advanced Ceramic is operating at the current time. Most of Advanced Ceramic's value examination focuses on studying past and present price action to predict the probability of Advanced Ceramic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Ceramic's price. Additionally, you may evaluate how the addition of Advanced Ceramic to your portfolios can decrease your overall portfolio volatility.