Thermaltake Technology (Taiwan) Price on November 4, 2024
3540 Stock | TWD 38.05 0.55 1.42% |
If you're considering investing in Thermaltake Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thermaltake Technology stands at 38.05, as last reported on the 26th of November, with the highest price reaching 38.80 and the lowest price hitting 38.05 during the day. Thermaltake Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0396, which indicates the firm had a -0.0396% return per unit of risk over the last 3 months. Thermaltake Technology Co exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thermaltake Technology's Coefficient Of Variation of 3711.38, semi deviation of 1.73, and Risk Adjusted Performance of 0.0272 to confirm the risk estimate we provide.
Thermaltake Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thermaltake |
Sharpe Ratio = -0.0396
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Negative Returns | 3540 |
Estimated Market Risk
1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thermaltake 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 Thermaltake Technology by adding Thermaltake Technology to a well-diversified portfolio.
Thermaltake Technology Valuation on November 4, 2024
It is possible to determine the worth of Thermaltake Technology on a given historical date. On November 4, 2024 Thermaltake was worth 37.65 at the beginning of the trading date compared to the closed value of 36.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thermaltake Technology stock. Still, in general, we apply an absolute valuation method to find Thermaltake 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 Thermaltake Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thermaltake Technology's related companies.
Open | High | Low | Close | Volume | |
37.60 | 37.60 | 36.95 | 37.60 | 104,280 | |
11/04/2024 | 37.65 | 37.65 | 36.95 | 36.95 | 120,200 |
36.95 | 38.45 | 36.95 | 37.80 | 187,633 |
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Thermaltake Technology Trading Date Momentum on November 4, 2024
On November 05 2024 Thermaltake Technology Co was traded for 37.80 at the closing time. The highest price during the trading period was 38.45 and the lowest recorded bid was listed for 36.95 . The volume for the day was 187.6 K. This history from November 5, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.30% . The trading price change to the current price is 1.89% . |
Thermaltake Technology Fundamentals Correlations and Trends
By evaluating Thermaltake 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 Thermaltake Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thermaltake financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thermaltake Technology Stock history
Thermaltake 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 Thermaltake is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thermaltake 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 Thermaltake Technology stock prices may prove useful in developing a viable investing in Thermaltake Technology
Thermaltake Technology Stock Technical Analysis
Thermaltake 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
Thermaltake Technology Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Thermaltake 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.
Thermaltake Technology November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Thermaltake 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 Thermaltake Technology shares will generate the highest return on investment. By undertsting and applying Thermaltake Technology stock market strength indicators, traders can identify Thermaltake Technology Co entry and exit signals to maximize returns
Thermaltake Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thermaltake Technology's price direction in advance. Along with the technical and fundamental analysis of Thermaltake Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thermaltake 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 | 0.0272 | |||
Jensen Alpha | 0.1026 | |||
Total Risk Alpha | (0.30) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (0.12) |
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Additional Tools for Thermaltake Stock Analysis
When running Thermaltake Technology's price analysis, check to measure Thermaltake 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 Thermaltake Technology is operating at the current time. Most of Thermaltake Technology's value examination focuses on studying past and present price action to predict the probability of Thermaltake 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 Thermaltake Technology's price. Additionally, you may evaluate how the addition of Thermaltake Technology to your portfolios can decrease your overall portfolio volatility.