Forcecon Technology (Taiwan) Price on September 12, 2024
3483 Stock | TWD 149.50 0.50 0.34% |
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 149.50, as last reported on the 1st of December, with the highest price reaching 151.50 and the lowest price hitting 147.50 during the day. Forcecon Technology secures Sharpe Ratio (or Efficiency) of -0.0664, which denotes the company had a -0.0664% return per unit of risk over the last 3 months. Forcecon Technology Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forcecon Technology's Mean Deviation of 1.66, standard deviation of 2.29, and Variance of 5.24 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.
Forcecon |
Sharpe Ratio = -0.0664
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Negative Returns | 3483 |
Estimated Market Risk
2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 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 September 12, 2024
It is possible to determine the worth of Forcecon Technology on a given historical date. On September 12, 2024 Forcecon was worth 166.5 at the beginning of the trading date compared to the closed value of 163.5. 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 | |
161.00 | 164.00 | 159.50 | 162.50 | 1,015,261 | |
09/12/2024 | 166.50 | 167.00 | 163.50 | 163.50 | 1,137,678 |
166.00 | 167.00 | 164.00 | 165.00 | 837,862 |
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Forcecon Technology Trading Date Momentum on September 12, 2024
On September 13 2024 Forcecon Technology Co was traded for 165.00 at the closing time. The highest price during the trading period was 167.00 and the lowest recorded bid was listed for 164.00 . The volume for the day was 837.9 K. This history from September 13, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.92% . The overall trading delta to the current price is 2.14% . |
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.
Price Boundaries
Forcecon Technology Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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 1, 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.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.55) | |||
Treynor Ratio | (0.50) |
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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.