Higher Way (Taiwan) Price on November 14, 2024
| 3268 Stock | TWD 23.80 0.05 0.21% |
If you're considering investing in Higher Stock, it is important to understand the factors that can impact its price. As of today, the current price of Higher Way stands at 23.80, as last reported on the 13th of December 2024, with the highest price reaching 24.10 and the lowest price hitting 23.80 during the day. At this stage we consider Higher Stock to be very steady. Higher Way Electronic holds Efficiency (Sharpe) Ratio of 0.0045, which attests that the entity had a 0.0045% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Higher Way Electronic, which you can use to evaluate the volatility of the firm. Please check out Higher Way's Downside Deviation of 1.87, market risk adjusted performance of 0.0804, and Risk Adjusted Performance of 0.0134 to validate if the risk estimate we provide is consistent with the expected return of 0.0089%.
Higher Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Higher |
Sharpe Ratio = 0.0045
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3268 |
Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Higher Way 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 Higher Way by adding Higher Way to a well-diversified portfolio.
Higher Way Valuation on November 14, 2024
It is possible to determine the worth of Higher Way on a given historical date. On November 14, 2024 Higher was worth 25.15 at the beginning of the trading date compared to the closed value of 24.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Higher Way stock. Still, in general, we apply an absolute valuation method to find Higher Way'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 Higher Way where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Higher Way's related companies.
| Open | High | Low | Close | Volume | |
| 25.25 | 25.90 | 25.25 | 25.45 | 32,097 | |
11/14/2024 | 25.15 | 25.40 | 24.70 | 24.70 | 51,291 |
| 24.75 | 24.85 | 24.00 | 24.35 | 61,839 |
| Backtest Higher Way | | | Higher Way History | | | Higher Way Valuation | Previous | Next |
Higher Way Trading Date Momentum on November 14, 2024
| On November 15 2024 Higher Way Electronic was traded for 24.35 at the closing time. The highest price during the trading period was 24.85 and the lowest recorded bid was listed for 24.00 . The volume for the day was 61.8 K. This history from November 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.42% . The trading delta at closing time to the current price is 1.01% . |
Higher Way Electronic Fundamentals Correlations and Trends
By evaluating Higher Way'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 Higher Way's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Higher financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Higher Way Stock history
Higher Way 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 Higher is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Higher Way Electronic 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 Higher Way stock prices may prove useful in developing a viable investing in Higher Way
Higher Way Stock Technical Analysis
Higher Way 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
Higher Way Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Higher Way Electronic 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.
Higher Way December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Higher Way stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Higher Way shares will generate the highest return on investment. By undertsting and applying Higher Way stock market strength indicators, traders can identify Higher Way Electronic entry and exit signals to maximize returns
Higher Way Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Higher Way's price direction in advance. Along with the technical and fundamental analysis of Higher Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Higher 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 | 0.0134 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0704 |
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Additional Tools for Higher Stock Analysis
When running Higher Way's price analysis, check to measure Higher Way'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 Higher Way is operating at the current time. Most of Higher Way's value examination focuses on studying past and present price action to predict the probability of Higher Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Higher Way's price. Additionally, you may evaluate how the addition of Higher Way to your portfolios can decrease your overall portfolio volatility.