Gudeng Precision (Taiwan) Price on April 19, 2024
| 3680 Stock | TWD 516.00 5.00 0.98% |
If you're considering investing in Gudeng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gudeng Precision stands at 516.00, as last reported on the 11th of December 2024, with the highest price reaching 519.00 and the lowest price hitting 505.00 during the day. Gudeng Precision Ind holds Efficiency (Sharpe) Ratio of -0.0592, which attests that the entity had a -0.0592% return per unit of risk over the last 3 months. Gudeng Precision Ind exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gudeng Precision's Downside Deviation of 1.97, market risk adjusted performance of 0.5341, and Risk Adjusted Performance of 0.014 to validate the risk estimate we provide.
Gudeng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gudeng |
Sharpe Ratio = -0.0592
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| Negative Returns | 3680 |
Estimated Market Risk
| 1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gudeng Precision 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 Gudeng Precision by adding Gudeng Precision to a well-diversified portfolio.
Gudeng Precision Valuation on April 19, 2024
It is possible to determine the worth of Gudeng Precision on a given historical date. On April 19, 2024 Gudeng was worth 448.0 at the beginning of the trading date compared to the closed value of 419.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gudeng Precision stock. Still, in general, we apply an absolute valuation method to find Gudeng Precision'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 Gudeng Precision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gudeng Precision's related companies.
| Open | High | Low | Close | Volume | |
| 468.50 | 474.50 | 458.00 | 464.00 | 2,891,000 | |
04/19/2024 | 448.00 | 451.50 | 418.00 | 419.50 | 4,066,000 |
| 412.00 | 423.00 | 404.50 | 404.50 | 1,747,000 |
| Backtest Gudeng Precision | | | Gudeng Precision History | | | Gudeng Precision Valuation | Previous | Next |
Gudeng Precision Trading Date Momentum on April 19, 2024
| On April 22 2024 Gudeng Precision Industrial was traded for 404.50 at the closing time. The highest price during the trading period was 423.00 and the lowest recorded bid was listed for 404.50 . The volume for the day was 1.7 M. This history from April 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.58% . The overall trading delta to the current price is 2.15% . |
Gudeng Precision Ind Fundamentals Correlations and Trends
By evaluating Gudeng Precision'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 Gudeng Precision's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gudeng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gudeng Precision Stock history
Gudeng Precision 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 Gudeng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gudeng Precision Ind 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 Gudeng Precision stock prices may prove useful in developing a viable investing in Gudeng Precision
Gudeng Precision Stock Technical Analysis
Gudeng Precision 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
Gudeng Precision Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Gudeng Precision Industrial 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.
Gudeng Precision December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Gudeng Precision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gudeng Precision shares will generate the highest return on investment. By undertsting and applying Gudeng Precision stock market strength indicators, traders can identify Gudeng Precision Industrial entry and exit signals to maximize returns
Gudeng Precision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gudeng Precision's price direction in advance. Along with the technical and fundamental analysis of Gudeng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gudeng 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 | 0.014 | |||
| Jensen Alpha | 0.0092 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.5241 |
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Additional Tools for Gudeng Stock Analysis
When running Gudeng Precision's price analysis, check to measure Gudeng Precision'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 Gudeng Precision is operating at the current time. Most of Gudeng Precision's value examination focuses on studying past and present price action to predict the probability of Gudeng Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gudeng Precision's price. Additionally, you may evaluate how the addition of Gudeng Precision to your portfolios can decrease your overall portfolio volatility.