New Advanced (Taiwan) Price on June 25, 2024
| 3465 Stock | TWD 53.60 0.20 0.37% |
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. As of today, the current price of New Advanced stands at 53.60, as last reported on the 27th of November, with the highest price reaching 53.60 and the lowest price hitting 53.60 during the day. New Advanced Electronics has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. New Advanced exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Advanced's Standard Deviation of 1.56, risk adjusted performance of (0.13), and Mean Deviation of 1.05 to check out the risk estimate we provide.
New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = -0.1817
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| Negative Returns | 3465 |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New Advanced 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 New Advanced by adding New Advanced to a well-diversified portfolio.
New Advanced Valuation on June 25, 2024
It is possible to determine the worth of New Advanced on a given historical date. On June 25, 2024 New was worth 64.4 at the beginning of the trading date compared to the closed value of 67.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Advanced stock. Still, in general, we apply an absolute valuation method to find New Advanced'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 New Advanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Advanced's related companies.
| Open | High | Low | Close | Volume | |
| 64.40 | 66.20 | 64.40 | 64.40 | 5,000 | |
06/25/2024 | 64.40 | 67.00 | 64.40 | 67.00 | 15,535 |
| 67.00 | 68.00 | 66.90 | 66.90 | 39,146 |
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New Advanced Trading Date Momentum on June 25, 2024
| On June 26 2024 New Advanced Electronics was traded for 66.90 at the closing time. The highest price during the trading period was 68.00 and the lowest recorded bid was listed for 66.90 . The volume for the day was 39.1 K. This history from June 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.15% . The trading delta at closing time to the current price is 2.84% . |
New Advanced Electronics Fundamentals Correlations and Trends
By evaluating New Advanced'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 New Advanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New Advanced Stock history
New Advanced 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 New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Advanced Electronics 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 New Advanced stock prices may prove useful in developing a viable investing in New Advanced
New Advanced Electronics Technologies Co., Ltd. researches and develops, manufactures, and sells portable power supplies and related power supply products in Taiwan and internationally. New Advanced Electronics Technologies Co., Ltd. was founded in 1993 and is headquartered in Taipei City, Taiwan. NEW ADVANCED is traded on Taiwan OTC Exchange in Taiwan.
New Advanced Stock Technical Analysis
New Advanced 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
New Advanced Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
New Advanced Electronics 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.
New Advanced November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how New Advanced stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Advanced shares will generate the highest return on investment. By undertsting and applying New Advanced stock market strength indicators, traders can identify New Advanced Electronics entry and exit signals to maximize returns
New Advanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Advanced's price direction in advance. Along with the technical and fundamental analysis of New Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of New 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 | (0.13) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.86) |
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Additional Tools for New Stock Analysis
When running New Advanced's price analysis, check to measure New Advanced'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 New Advanced is operating at the current time. Most of New Advanced's value examination focuses on studying past and present price action to predict the probability of New Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Advanced's price. Additionally, you may evaluate how the addition of New Advanced to your portfolios can decrease your overall portfolio volatility.