Leadtrend Technology (Taiwan) Price on August 6, 2024
| 3588 Stock | TWD 72.00 0.80 1.12% |
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 72.00, as last reported on the 25th of November, with the highest price reaching 73.50 and the lowest price hitting 72.00 during the day. At this stage we consider Leadtrend Stock to be very steady. Leadtrend Technology Corp has Sharpe Ratio of 0.011, which conveys that the firm had a 0.011% return per unit of risk over the last 3 months. We have found thirty technical indicators for Leadtrend Technology, which you can use to evaluate the volatility of the firm. Please verify Leadtrend Technology's Risk Adjusted Performance of 0.0118, mean deviation of 1.87, and Downside Deviation of 2.56 to check out if the risk estimate we provide is consistent with the expected return of 0.0301%.
Leadtrend Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Leadtrend |
Sharpe Ratio = 0.011
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3588 |
Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.03 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 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 August 6, 2024
It is possible to determine the worth of Leadtrend Technology on a given historical date. On August 6, 2024 Leadtrend was worth 63.2 at the beginning of the trading date compared to the closed value of 64.9. 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 | |
| 69.10 | 69.10 | 64.50 | 64.50 | 889,529 | |
08/06/2024 | 63.20 | 67.00 | 58.10 | 64.90 | 1,541,621 |
| 65.10 | 69.00 | 65.10 | 68.40 | 598,846 |
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Leadtrend Technology Trading Date Momentum on August 6, 2024
| On August 07 2024 Leadtrend Technology Corp was traded for 68.40 at the closing time. The highest price during the trading period was 69.00 and the lowest recorded bid was listed for 65.10 . The volume for the day was 598.8 K. This history from August 7, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 5.39% . The trading delta at closing time to the current price is 12.94% . |
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.
Price Boundaries
Leadtrend Technology Period Price Range
Low | November 25, 2024
| High |
0.00 | 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 25, 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.
| Risk Adjusted Performance | 0.0118 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.011 |
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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.