Univacco Technology (Taiwan) Price on September 6, 2023
| 3303 Stock | TWD 57.20 0.20 0.35% |
If you're considering investing in Univacco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Univacco Technology stands at 57.20, as last reported on the 1st of December, with the highest price reaching 57.90 and the lowest price hitting 56.70 during the day. At this stage we consider Univacco Stock to be very steady. Univacco Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0192, which indicates the firm had a 0.0192% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Univacco Technology, which you can use to evaluate the volatility of the company. Please validate Univacco Technology's Variance of 16.89, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,188) to confirm if the risk estimate we provide is consistent with the expected return of 0.0779%.
Univacco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Univacco |
Sharpe Ratio = 0.0192
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| Cash | Small Risk | Average Risk | 3303 | Huge Risk |
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Estimated Market Risk
| 4.05 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Univacco Technology is performing at about 1% 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 Univacco Technology by adding it to a well-diversified portfolio.
Univacco Technology Valuation on September 6, 2023
It is possible to determine the worth of Univacco Technology on a given historical date. On September 6, 2023 Univacco was worth 25.9 at the beginning of the trading date compared to the closed value of 26.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Univacco Technology stock. Still, in general, we apply an absolute valuation method to find Univacco Technology'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 Univacco Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Univacco Technology's related companies.
| Open | High | Low | Close | Volume | |
| 25.95 | 26.05 | 25.90 | 25.90 | 45,000 | |
09/06/2023 | 25.90 | 26.15 | 25.90 | 26.05 | 31,000 |
| 26.05 | 26.10 | 26.05 | 26.05 | 44,000 |
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Univacco Technology Trading Date Momentum on September 6, 2023
| On September 07 2023 Univacco Technology was traded for 26.05 at the closing time. The highest price during the trading period was 26.10 and the lowest recorded bid was listed for 26.05 . The volume for the day was 44 K. This history from September 7, 2023 did not result in any price rise and fall. The trading price change to the current price is 1.73% . |
Univacco Technology Fundamentals Correlations and Trends
By evaluating Univacco Technology'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 Univacco Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Univacco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Univacco Technology Stock history
Univacco Technology 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 Univacco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Univacco Technology 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 Univacco Technology stock prices may prove useful in developing a viable investing in Univacco Technology
Univacco Technology Inc. manufactures and sells stamping foil products and optoelectronics materials worldwide. Univacco Technology Inc. was founded in 1990 and is headquartered in Tainan City, Taiwan. UNIVACCO TECHNOLOGY operates under Metal Fabrication classification in Taiwan and is traded on Taiwan OTC Exchange.
Univacco Technology Stock Technical Analysis
Univacco Technology 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
Univacco Technology Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Univacco Technology 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.
Univacco Technology December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Univacco Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Univacco Technology shares will generate the highest return on investment. By undertsting and applying Univacco Technology stock market strength indicators, traders can identify Univacco Technology entry and exit signals to maximize returns
Univacco Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Univacco Technology's price direction in advance. Along with the technical and fundamental analysis of Univacco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Univacco 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 | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 0.7315 |
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Additional Tools for Univacco Stock Analysis
When running Univacco Technology's price analysis, check to measure Univacco Technology'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 Univacco Technology is operating at the current time. Most of Univacco Technology's value examination focuses on studying past and present price action to predict the probability of Univacco Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Univacco Technology's price. Additionally, you may evaluate how the addition of Univacco Technology to your portfolios can decrease your overall portfolio volatility.