FineTek (Taiwan) Price on March 22, 2024
4549 Stock | TWD 142.00 2.00 1.39% |
If you're considering investing in FineTek Stock, it is important to understand the factors that can impact its price. As of today, the current price of FineTek stands at 142.00, as last reported on the 27th of November, with the highest price reaching 146.00 and the lowest price hitting 141.50 during the day. FineTek secures Sharpe Ratio (or Efficiency) of -0.0998, which denotes the company had a -0.0998% return per unit of risk over the last 3 months. FineTek Co exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FineTek's Coefficient Of Variation of 5360.1, downside deviation of 3.27, and Mean Deviation of 2.44 to check the risk estimate we provide.
FineTek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FineTek |
Sharpe Ratio = -0.0998
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 4549 |
Estimated Market Risk
3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FineTek 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 FineTek by adding FineTek to a well-diversified portfolio.
FineTek Valuation on March 22, 2024
It is possible to determine the worth of FineTek on a given historical date. On March 22, 2024 FineTek was worth 95.2 at the beginning of the trading date compared to the closed value of 94.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FineTek stock. Still, in general, we apply an absolute valuation method to find FineTek'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 FineTek where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FineTek's related companies.
Open | High | Low | Close | Volume | |
95.00 | 95.70 | 95.00 | 95.30 | 25,000 | |
03/22/2024 | 95.20 | 95.40 | 94.70 | 94.90 | 29,000 |
95.00 | 95.30 | 94.50 | 95.30 | 27,000 |
Backtest FineTek | | | FineTek History | | | FineTek Valuation | Previous | Next |
FineTek Trading Date Momentum on March 22, 2024
On March 25 2024 FineTek Co was traded for 95.30 at the closing time. The highest price during the trading period was 95.30 and the lowest recorded bid was listed for 94.50 . The volume for the day was 27 K. This history from March 25, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.42% . The overall trading delta to the current price is 0.11% . |
FineTek Fundamentals Correlations and Trends
By evaluating FineTek'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 FineTek's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FineTek financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FineTek Stock history
FineTek 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 FineTek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FineTek 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 FineTek stock prices may prove useful in developing a viable investing in FineTek
FineTek Co., Ltd. manufactures and sells various industrial sensors in Taiwan and internationally. The company was founded in 1979 and is headquartered in New Taipei City, Taiwan. FINETEK operates under Scientific Technical Instruments classification in Taiwan and is traded on Taiwan OTC Exchange.
FineTek Stock Technical Analysis
FineTek 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
FineTek Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
FineTek Co 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.
FineTek November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how FineTek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FineTek shares will generate the highest return on investment. By undertsting and applying FineTek stock market strength indicators, traders can identify FineTek Co entry and exit signals to maximize returns
FineTek Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FineTek's price direction in advance. Along with the technical and fundamental analysis of FineTek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FineTek 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 | 0.0221 | |||
Jensen Alpha | 0.0028 | |||
Total Risk Alpha | (0.49) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.1249 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for FineTek Stock Analysis
When running FineTek's price analysis, check to measure FineTek'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 FineTek is operating at the current time. Most of FineTek's value examination focuses on studying past and present price action to predict the probability of FineTek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FineTek's price. Additionally, you may evaluate how the addition of FineTek to your portfolios can decrease your overall portfolio volatility.