Connection Technology (Taiwan) Price on November 5, 2024
| 3672 Stock | TWD 20.90 0.10 0.48% |
If you're considering investing in Connection Stock, it is important to understand the factors that can impact its price. As of today, the current price of Connection Technology stands at 20.90, as last reported on the 11th of December 2024, with the highest price reaching 20.90 and the lowest price hitting 20.15 during the day. At this stage we consider Connection Stock to be not too volatile. Connection Technology secures Sharpe Ratio (or Efficiency) of 0.0501, which signifies that the company had a 0.0501% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Connection Technology Systems, which you can use to evaluate the volatility of the firm. Please confirm Connection Technology's Risk Adjusted Performance of 0.0174, mean deviation of 2.14, and Downside Deviation of 2.83 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
Connection Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Connection |
Sharpe Ratio = 0.0501
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 3672 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Connection Technology is performing at about 3% of its full potential. 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 Connection Technology by adding it to a well-diversified portfolio.
Connection Technology Valuation on November 5, 2024
It is possible to determine the worth of Connection Technology on a given historical date. On November 5, 2024 Connection was worth 24.15 at the beginning of the trading date compared to the closed value of 23.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Connection Technology stock. Still, in general, we apply an absolute valuation method to find Connection 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 Connection Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Connection Technology's related companies.
| Open | High | Low | Close | Volume | |
| 25.50 | 25.50 | 24.10 | 24.10 | 78,163 | |
11/05/2024 | 24.15 | 24.35 | 23.00 | 23.00 | 98,389 |
| 23.10 | 24.00 | 22.10 | 22.10 | 64,781 |
| Backtest Connection Technology | | | Connection Technology History | | | Connection Technology Valuation | Previous | Next |
Connection Technology Trading Date Momentum on November 5, 2024
| On November 06 2024 Connection Technology Systems was traded for 22.10 at the closing time. The highest price during the trading period was 24.00 and the lowest recorded bid was listed for 22.10 . The volume for the day was 64.8 K. This history from November 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.91% . The overall trading delta to the current price is 3.04% . |
Connection Technology Fundamentals Correlations and Trends
By evaluating Connection 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 Connection Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Connection financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Connection Technology Stock history
Connection 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 Connection is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Connection 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 Connection Technology stock prices may prove useful in developing a viable investing in Connection Technology
Connection Technology Stock Technical Analysis
Connection 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
Connection Technology Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Connection Technology Systems 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.
Connection Technology December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Connection 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 Connection Technology shares will generate the highest return on investment. By undertsting and applying Connection Technology stock market strength indicators, traders can identify Connection Technology Systems entry and exit signals to maximize returns
Connection Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Connection Technology's price direction in advance. Along with the technical and fundamental analysis of Connection Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Connection 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 | 0.0174 | |||
| Jensen Alpha | 0.1068 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.05) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Connection Stock Analysis
When running Connection Technology's price analysis, check to measure Connection 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 Connection Technology is operating at the current time. Most of Connection Technology's value examination focuses on studying past and present price action to predict the probability of Connection 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 Connection Technology's price. Additionally, you may evaluate how the addition of Connection Technology to your portfolios can decrease your overall portfolio volatility.