AzureWave Technologies (Taiwan) Price on June 11, 2023
| 3694 Stock | TWD 51.30 2.40 4.47% |
If you're considering investing in AzureWave Stock, it is important to understand the factors that can impact its price. As of today, the current price of AzureWave Technologies stands at 51.30, as last reported on the 11th of December 2024, with the highest price reaching 53.00 and the lowest price hitting 50.50 during the day. AzureWave Technologies appears to be very steady, given 3 months investment horizon. AzureWave Technologies secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AzureWave Technologies, which you can use to evaluate the volatility of the firm. Please makes use of AzureWave Technologies' Risk Adjusted Performance of 0.0985, mean deviation of 2.04, and Downside Deviation of 2.29 to double-check if our risk estimates are consistent with your expectations.
AzureWave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AzureWave |
Sharpe Ratio = 0.1492
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 3694 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average AzureWave Technologies is performing at about 11% 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 AzureWave Technologies by adding it to a well-diversified portfolio.
AzureWave Technologies Valuation on June 11, 2023
It is possible to determine the worth of AzureWave Technologies on a given historical date. On June 11, 2023 AzureWave was worth 30.0 at the beginning of the trading date compared to the closed value of 29.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AzureWave Technologies stock. Still, in general, we apply an absolute valuation method to find AzureWave 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 AzureWave Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AzureWave Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 29.60 | 30.20 | 29.50 | 29.75 | 1,780,880 | |
06/09/2023 | 30.00 | 30.30 | 29.20 | 29.20 | 1,245,392 |
| 29.20 | 29.20 | 28.20 | 28.85 | 1,111,726 |
| Backtest AzureWave Technologies | | | AzureWave Technologies History | | | AzureWave Technologies Valuation | Previous | Next |
AzureWave Technologies Trading Date Momentum on June 11, 2023
| On June 12 2023 AzureWave Technologies was traded for 28.85 at the closing time. The highest price during the trading period was 29.20 and the lowest recorded bid was listed for 28.20 . The volume for the day was 1.1 M. This history from June 12, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.20% . The overall trading delta to the current price is 4.45% . |
AzureWave Technologies Fundamentals Correlations and Trends
By evaluating AzureWave 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 AzureWave Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AzureWave financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AzureWave Technologies Stock history
AzureWave 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 AzureWave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AzureWave 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 AzureWave Technologies stock prices may prove useful in developing a viable investing in AzureWave Technologies
AzureWave Technologies, Inc. manufactures and sells wireless connectivity and image processing solutions worldwide. The company was founded in 2005 and is headquartered in New Taipei City, Taiwan. AZUREWAVE TECHNOLOGIES operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.
AzureWave Technologies Stock Technical Analysis
AzureWave 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
AzureWave Technologies Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
AzureWave 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.
AzureWave Technologies December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how AzureWave 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 AzureWave Technologies shares will generate the highest return on investment. By undertsting and applying AzureWave Technologies stock market strength indicators, traders can identify AzureWave Technologies entry and exit signals to maximize returns
AzureWave Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AzureWave Technologies' price direction in advance. Along with the technical and fundamental analysis of AzureWave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AzureWave 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 | 0.0985 | |||
| Jensen Alpha | 0.3458 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.1053 | |||
| Treynor Ratio | 4.04 |
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| Volume Indicators |
Additional Tools for AzureWave Stock Analysis
When running AzureWave Technologies' price analysis, check to measure AzureWave 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 AzureWave Technologies is operating at the current time. Most of AzureWave Technologies' value examination focuses on studying past and present price action to predict the probability of AzureWave Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AzureWave Technologies' price. Additionally, you may evaluate how the addition of AzureWave Technologies to your portfolios can decrease your overall portfolio volatility.