Alchip Technologies (Taiwan) Price on October 28, 2024
| 3661 Stock | TWD 2,160 90.00 4.00% |
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 2,160, as last reported on the 27th of November, with the highest price reaching 2,270 and the lowest price hitting 2,160 during the day. Alchip Technologies secures Sharpe Ratio (or Efficiency) of -0.0738, which signifies that the company had a -0.0738% 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 2.43, and Risk Adjusted Performance of (0.04) 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.
Alchip |
Sharpe Ratio = -0.0738
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3661 |
Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.24 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 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 October 28, 2024
It is possible to determine the worth of Alchip Technologies on a given historical date. On October 28, 2024 Alchip was worth 1895.0 at the beginning of the trading date compared to the closed value of 1895.0. 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 | |
| 1,965 | 1,965 | 1,880 | 1,880 | 3,464,454 | |
10/28/2024 | 1,895 | 1,975 | 1,885 | 1,895 | 3,255,916 |
| 1,900 | 1,905 | 1,860 | 1,900 | 1,751,166 |
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Alchip Technologies Trading Date Momentum on October 28, 2024
| On October 29 2024 Alchip Technologies was traded for 1,900 at the closing time. The highest price during the trading period was 1,905 and the lowest recorded bid was listed for 1,860 . The volume for the day was 1.8 M. This history from October 29, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.26% . The overall trading delta to the current price is 28.50% . |
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.
Price Boundaries
Alchip Technologies Period Price Range
Low | November 27, 2024
| 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 27, 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.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (0.20) |
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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.