Alpha Networks (Taiwan) Price on November 12, 2024

3380 Stock  TWD 37.30  0.30  0.81%   
If you're considering investing in Alpha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alpha Networks stands at 37.30, as last reported on the 1st of December, with the highest price reaching 37.45 and the lowest price hitting 36.45 during the day. At this stage we consider Alpha Stock to be very steady. Alpha Networks secures Sharpe Ratio (or Efficiency) of 0.0379, which signifies that the company had a 0.0379% return per unit of risk over the last 3 months. We have found thirty technical indicators for Alpha Networks, which you can use to evaluate the volatility of the firm. Please confirm Alpha Networks' Mean Deviation of 1.57, risk adjusted performance of 0.0473, and Downside Deviation of 1.75 to double-check if the risk estimate we provide is consistent with the expected return of 0.0786%.
  
Alpha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0379

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Estimated Market Risk

 2.07
  actual daily
18
82% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Alpha Networks is performing at about 2% 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 Alpha Networks by adding it to a well-diversified portfolio.

Alpha Networks Valuation on November 12, 2024

It is possible to determine the worth of Alpha Networks on a given historical date. On November 12, 2024 Alpha was worth 36.5 at the beginning of the trading date compared to the closed value of 35.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alpha Networks stock. Still, in general, we apply an absolute valuation method to find Alpha Networks' 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 Alpha Networks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alpha Networks' related companies.
 Open High Low Close Volume
  36.70    36.75    35.75    36.55    1,693,608  
11/12/2024
  36.50    36.50    35.25    35.55    1,699,810  
  35.30    35.75    35.10    35.35    950,684  
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Open Value
36.5
35.55
Closing Value
42.72
Upside

Alpha Networks Trading Date Momentum on November 12, 2024

On November 13 2024 Alpha Networks was traded for  35.35  at the closing time. The highest price during the trading period was 35.75  and the lowest recorded bid was listed for  35.10 . The volume for the day was 950.7 K. This history from November 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.56% . The overall trading delta to the current price is 1.83% .

Alpha Networks Fundamentals Correlations and Trends

By evaluating Alpha Networks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alpha Networks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alpha financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Alpha Networks Stock history

Alpha Networks 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 Alpha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alpha Networks 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 Alpha Networks stock prices may prove useful in developing a viable investing in Alpha Networks
Alpha Networks Inc. designs, manufactures, and services networking products worldwide. Alpha Networks Inc. was founded in 2003 and is headquartered in Hsinchu, Taiwan. ALPHA NETWORKS is traded on Taiwan Stock Exchange in Taiwan.

Alpha Networks Stock Technical Analysis

Alpha Networks 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 Alpha Networks technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alpha Networks 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

Alpha Networks Period Price Range

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December 1, 2024
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Alpha Networks December 1, 2024 Market Strength

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

Alpha Networks Technical and Predictive Indicators

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

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