Forcecon Technology (Taiwan) Price on May 31, 2023

3483 Stock  TWD 153.50  4.00  2.68%   
If you're considering investing in Forcecon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Forcecon Technology stands at 153.50, as last reported on the 3rd of December, with the highest price reaching 154.50 and the lowest price hitting 150.00 during the day. Forcecon Technology secures Sharpe Ratio (or Efficiency) of -0.0073, which denotes the company had a -0.0073% return per unit of risk over the last 3 months. Forcecon Technology Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forcecon Technology's Standard Deviation of 2.31, variance of 5.32, and Mean Deviation of 1.68 to check the risk estimate we provide.
  
Forcecon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0073

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Estimated Market Risk

 2.24
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Forcecon Technology 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 Forcecon Technology by adding Forcecon Technology to a well-diversified portfolio.

Forcecon Technology Valuation on May 31, 2023

It is possible to determine the worth of Forcecon Technology on a given historical date. On May 31, 2023 Forcecon was worth 68.8 at the beginning of the trading date compared to the closed value of 67.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forcecon Technology stock. Still, in general, we apply an absolute valuation method to find Forcecon 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 Forcecon Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forcecon Technology's related companies.
 Open High Low Close Volume
  69.36    69.36    68.15    68.61    848,000  
05/31/2023
  68.80    69.18    67.40    67.58    1,039,000  
  67.68    67.68    66.65    67.11    1,008,000  
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Open Value
68.8
67.58
Closing Value
75.52
Upside

Forcecon Technology Trading Date Momentum on May 31, 2023

On June 01 2023 Forcecon Technology Co was traded for  67.11  at the closing time. The highest price during the trading period was 67.68  and the lowest recorded bid was listed for  66.65 . The volume for the day was 1 M. This history from June 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.70% . The overall trading delta to the current price is 12.36% .

Forcecon Technology Fundamentals Correlations and Trends

By evaluating Forcecon 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 Forcecon Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forcecon financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Forcecon Technology Stock history

Forcecon 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 Forcecon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forcecon 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 Forcecon Technology stock prices may prove useful in developing a viable investing in Forcecon Technology
Forcecon Technology Co., Ltd. engages in the research, development, production, and sale of thermal management products in Taiwan and internationally. The company was founded in 1997 and is headquartered in Zhubei, Taiwan. FORCECON TECH operates under Computer Distribution classification in Taiwan and is traded on Taiwan OTC Exchange.

Forcecon Technology Stock Technical Analysis

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

Forcecon Technology Period Price Range

Low
December 3, 2024
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Forcecon Technology Co 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.

Forcecon Technology December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how Forcecon 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 Forcecon Technology shares will generate the highest return on investment. By undertsting and applying Forcecon Technology stock market strength indicators, traders can identify Forcecon Technology Co entry and exit signals to maximize returns

Forcecon Technology Technical and Predictive Indicators

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

When running Forcecon Technology's price analysis, check to measure Forcecon 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 Forcecon Technology is operating at the current time. Most of Forcecon Technology's value examination focuses on studying past and present price action to predict the probability of Forcecon 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 Forcecon Technology's price. Additionally, you may evaluate how the addition of Forcecon Technology to your portfolios can decrease your overall portfolio volatility.