Leadtrend Technology (Taiwan) Price on May 17, 2023

3588 Stock  TWD 70.00  1.20  1.69%   
If you're considering investing in Leadtrend Stock, it is important to understand the factors that can impact its price. As of today, the current price of Leadtrend Technology stands at 70.00, as last reported on the 29th of November, with the highest price reaching 71.50 and the lowest price hitting 69.60 during the day. Leadtrend Technology Corp has Sharpe Ratio of -0.0045, which conveys that the firm had a -0.0045% return per unit of risk over the last 3 months. Leadtrend Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leadtrend Technology's Risk Adjusted Performance of 0.004, mean deviation of 1.99, and Standard Deviation of 2.77 to check out the risk estimate we provide.
  
Leadtrend Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0045

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Negative Returns3588

Estimated Market Risk

 2.85
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Leadtrend 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 Leadtrend Technology by adding Leadtrend Technology to a well-diversified portfolio.

Leadtrend Technology Valuation on May 17, 2023

It is possible to determine the worth of Leadtrend Technology on a given historical date. On May 17, 2023 Leadtrend was worth 52.9 at the beginning of the trading date compared to the closed value of 54.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Leadtrend Technology stock. Still, in general, we apply an absolute valuation method to find Leadtrend 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 Leadtrend Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Leadtrend Technology's related companies.
 Open High Low Close Volume
  53.10    53.50    52.80    52.80    199,971  
05/17/2023
  52.90    54.80    52.90    54.50    374,600  
  55.20    55.30    53.90    53.90    250,640  
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Open Value
52.9
54.5
Closing Value
61.45
Upside

Leadtrend Technology Trading Date Momentum on May 17, 2023

On May 18 2023 Leadtrend Technology Corp was traded for  53.90  at the closing time. The highest price during the trading period was 55.30  and the lowest recorded bid was listed for  53.90 . The volume for the day was 250.6 K. This history from May 18, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.10% . The trading delta at closing time to the current price is 1.28% .

Leadtrend Technology Corp Fundamentals Correlations and Trends

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

About Leadtrend Technology Stock history

Leadtrend 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 Leadtrend is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Leadtrend Technology Corp 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 Leadtrend Technology stock prices may prove useful in developing a viable investing in Leadtrend Technology
Leadtrend Technology Corporation operates as a fabless company for AC-DC mid and high-power application solutions primarily in Taiwan. The company was founded in 2002 and is headquartered in Hsinchu, Taiwan. LEADTREND TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.

Leadtrend Technology Stock Technical Analysis

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

Leadtrend Technology Period Price Range

Low
November 29, 2024
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 0.00 

Leadtrend Technology Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock 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.

Leadtrend Technology November 29, 2024 Market Strength

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

Leadtrend Technology Technical and Predictive Indicators

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

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