Topco Technologies (Taiwan) Price on November 27, 2023
3388 Stock | TWD 70.80 0.50 0.71% |
If you're considering investing in Topco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Topco Technologies stands at 70.80, as last reported on the 2nd of December, with the highest price reaching 71.20 and the lowest price hitting 69.80 during the day. Topco Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0337, which indicates the firm had a -0.0337% return per unit of risk over the last 3 months. Topco Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Topco Technologies' Coefficient Of Variation of (6,436), variance of 0.4592, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
Topco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Topco |
Sharpe Ratio = -0.0337
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Negative Returns | 3388 |
Estimated Market Risk
0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.02 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 Topco Technologies 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 Topco Technologies by adding Topco Technologies to a well-diversified portfolio.
Topco Technologies Valuation on November 27, 2023
It is possible to determine the worth of Topco Technologies on a given historical date. On November 27, 2023 Topco was worth 69.7 at the beginning of the trading date compared to the closed value of 69.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Topco Technologies stock. Still, in general, we apply an absolute valuation method to find Topco Technologies' 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 Topco Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Topco Technologies' related companies.
Open | High | Low | Close | Volume | |
69.60 | 69.70 | 69.20 | 69.70 | 35,000 | |
11/27/2023 | 69.70 | 69.90 | 69.60 | 69.60 | 43,000 |
69.70 | 69.80 | 69.60 | 69.80 | 19,000 |
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Topco Technologies Trading Date Momentum on November 27, 2023
On November 28 2023 Topco Technologies was traded for 69.80 at the closing time. The highest price during the trading period was 69.80 and the lowest recorded bid was listed for 69.60 . The volume for the day was 19 K. This history from November 28, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.29% . The trading price change to the current price is 1.15% . |
Topco Technologies Fundamentals Correlations and Trends
By evaluating Topco Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Topco Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Topco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Topco Technologies Stock history
Topco Technologies 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 Topco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Topco Technologies 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 Topco Technologies stock prices may prove useful in developing a viable investing in Topco Technologies
Topco Technologies Stock Technical Analysis
Topco Technologies 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
Topco Technologies Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Topco Technologies 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.
Topco Technologies December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Topco Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Topco Technologies shares will generate the highest return on investment. By undertsting and applying Topco Technologies stock market strength indicators, traders can identify Topco Technologies entry and exit signals to maximize returns
Topco Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Topco Technologies' price direction in advance. Along with the technical and fundamental analysis of Topco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Topco 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 | (0.01) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.07) |
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Additional Tools for Topco Stock Analysis
When running Topco Technologies' price analysis, check to measure Topco Technologies' 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 Topco Technologies is operating at the current time. Most of Topco Technologies' value examination focuses on studying past and present price action to predict the probability of Topco Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topco Technologies' price. Additionally, you may evaluate how the addition of Topco Technologies to your portfolios can decrease your overall portfolio volatility.