Nishoku Technology (Taiwan) Price on November 1, 2024
| 3679 Stock | TWD 130.00 0.50 0.38% |
If you're considering investing in Nishoku Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nishoku Technology stands at 130.00, as last reported on the 26th of November, with the highest price reaching 131.00 and the lowest price hitting 130.00 during the day. Nishoku Technology has Sharpe Ratio of -0.0211, which conveys that the firm had a -0.0211% return per unit of risk over the last 3 months. Nishoku Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nishoku Technology's Risk Adjusted Performance of (0.01), mean deviation of 0.6164, and Standard Deviation of 0.9264 to check out the risk estimate we provide.
Nishoku Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nishoku |
Sharpe Ratio = -0.0211
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| Negative Returns | 3679 |
Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nishoku 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 Nishoku Technology by adding Nishoku Technology to a well-diversified portfolio.
Nishoku Technology Valuation on November 1, 2024
It is possible to determine the worth of Nishoku Technology on a given historical date. On November 1, 2024 Nishoku was worth 132.5 at the beginning of the trading date compared to the closed value of 133.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nishoku Technology stock. Still, in general, we apply an absolute valuation method to find Nishoku 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 Nishoku Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nishoku Technology's related companies.
| Open | High | Low | Close | Volume | |
| 133.00 | 133.00 | 133.00 | 133.00 | 1.00 | |
11/01/2024 | 132.50 | 133.50 | 132.00 | 133.50 | 46,183 |
| 132.00 | 132.00 | 127.00 | 129.00 | 202,745 |
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Nishoku Technology Trading Date Momentum on November 1, 2024
| On November 04 2024 Nishoku Technology was traded for 129.00 at the closing time. The highest price during the trading period was 132.00 and the lowest recorded bid was listed for 127.00 . The volume for the day was 202.7 K. This history from November 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.37% . The trading delta at closing time to the current price is 0.75% . |
Nishoku Technology Fundamentals Correlations and Trends
By evaluating Nishoku 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 Nishoku Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nishoku financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nishoku Technology Stock history
Nishoku 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 Nishoku is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nishoku 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 Nishoku Technology stock prices may prove useful in developing a viable investing in Nishoku Technology
Nishoku Technology Inc. designs and manufactures single and double steel plastic injection molds in Taiwan, the United States, rest of Asia, Europe, and internationally. Nishoku Technology Inc. was founded in 1980 and is based in New Taipei City, Taiwan. NISHOKU TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan.
Nishoku Technology Stock Technical Analysis
Nishoku 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
Nishoku Technology Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Nishoku Technology 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.
Nishoku Technology November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Nishoku 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 Nishoku Technology shares will generate the highest return on investment. By undertsting and applying Nishoku Technology stock market strength indicators, traders can identify Nishoku Technology entry and exit signals to maximize returns
Nishoku Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nishoku Technology's price direction in advance. Along with the technical and fundamental analysis of Nishoku Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nishoku 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 | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.2106 |
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Additional Tools for Nishoku Stock Analysis
When running Nishoku Technology's price analysis, check to measure Nishoku 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 Nishoku Technology is operating at the current time. Most of Nishoku Technology's value examination focuses on studying past and present price action to predict the probability of Nishoku 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 Nishoku Technology's price. Additionally, you may evaluate how the addition of Nishoku Technology to your portfolios can decrease your overall portfolio volatility.