Alchip Technologies (Taiwan) Price on May 16, 2024

3661 Stock  TWD 2,355  55.00  2.39%   
If you're considering investing in Alchip Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alchip Technologies stands at 2,355, as last reported on the 24th of November, with the highest price reaching 2,360 and the lowest price hitting 2,315 during the day. Alchip Technologies secures Sharpe Ratio (or Efficiency) of -0.0133, which signifies that the company had a -0.0133% return per unit of standard deviation over the last 3 months. Alchip Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alchip Technologies' mean deviation of 2.49, and Risk Adjusted Performance of 0.0041 to double-check the risk estimate we provide.
  
Alchip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0133

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Negative Returns3661

Estimated Market Risk

 3.36
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.04
  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 Alchip Technologies 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 Alchip Technologies by adding Alchip Technologies to a well-diversified portfolio.

Alchip Technologies Valuation on May 16, 2024

It is possible to determine the worth of Alchip Technologies on a given historical date. On May 16, 2024 Alchip was worth 2910.0 at the beginning of the trading date compared to the closed value of 2805.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alchip Technologies stock. Still, in general, we apply an absolute valuation method to find Alchip Technologies' 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 Alchip Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alchip Technologies' related companies.
 Open High Low Close Volume
  2,980    2,980    2,845    2,855    5,291,902  
05/16/2024
  2,910    2,950    2,780    2,805    3,359,260  
  2,805    2,830    2,735    2,800    1,910,739  
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Open Value
2910.0
2805.0
Closing Value
2,920
Upside

Alchip Technologies Trading Date Momentum on May 16, 2024

On May 17 2024 Alchip Technologies was traded for  2,800  at the closing time. The highest price during the trading period was 2,830  and the lowest recorded bid was listed for  2,735 . The volume for the day was 1.9 M. This history from May 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.18% . The overall trading delta to the current price is 1.78% .

Alchip Technologies Fundamentals Correlations and Trends

By evaluating Alchip Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alchip Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alchip financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Alchip Technologies Stock history

Alchip Technologies 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 Alchip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alchip Technologies 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 Alchip Technologies stock prices may prove useful in developing a viable investing in Alchip Technologies
Alchip Technologies, Limited, together with its subsidiaries, provides silicon design and manufacturing solutions for application specific integrated circuit and System on chip companies primarily in Japan, Taiwan, and China. Alchip Technologies, Limited was founded in 2003 and is headquartered in Taipei, Taiwan. ALCHIP TECHNOLOGIES operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.

Alchip Technologies Stock Technical Analysis

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

Alchip Technologies Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Alchip Technologies 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.

Alchip Technologies November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Alchip Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alchip Technologies shares will generate the highest return on investment. By undertsting and applying Alchip Technologies stock market strength indicators, traders can identify Alchip Technologies entry and exit signals to maximize returns

Alchip Technologies Technical and Predictive Indicators

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

When running Alchip Technologies' price analysis, check to measure Alchip Technologies' 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 Alchip Technologies is operating at the current time. Most of Alchip Technologies' value examination focuses on studying past and present price action to predict the probability of Alchip Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alchip Technologies' price. Additionally, you may evaluate how the addition of Alchip Technologies to your portfolios can decrease your overall portfolio volatility.