Gemtek Technology (Taiwan) Price on July 11, 2024

4906 Stock  TWD 36.00  0.80  2.27%   
If you're considering investing in Gemtek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gemtek Technology stands at 36.00, as last reported on the 30th of November, with the highest price reaching 36.10 and the lowest price hitting 34.75 during the day. Gemtek Technology holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Gemtek Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gemtek Technology's Standard Deviation of 1.88, risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.92) to validate the risk estimate we provide.
  
Gemtek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1358

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Estimated Market Risk

 1.9
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gemtek 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 Gemtek Technology by adding Gemtek Technology to a well-diversified portfolio.

Gemtek Technology Valuation on July 11, 2024

It is possible to determine the worth of Gemtek Technology on a given historical date. On July 11, 2024 Gemtek was worth 42.85 at the beginning of the trading date compared to the closed value of 43.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gemtek Technology stock. Still, in general, we apply an absolute valuation method to find Gemtek 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 Gemtek Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gemtek Technology's related companies.
 Open High Low Close Volume
  41.45    43.60    40.65    42.45    28,227,909  
07/11/2024
  42.85    43.80    42.65    43.55    22,040,496  
  42.75    43.00    41.60    42.45    13,007,330  
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Open Value
42.85
43.55
Closing Value
48.55
Upside

Gemtek Technology Trading Date Momentum on July 11, 2024

On July 12 2024 Gemtek Technology Co was traded for  42.45  at the closing time. The highest price during the trading period was 43.00  and the lowest recorded bid was listed for  41.60 . The volume for the day was 13 M. This history from July 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.53% . The overall trading delta to the current price is 1.26% .

Gemtek Technology Fundamentals Correlations and Trends

By evaluating Gemtek 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 Gemtek Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gemtek financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Gemtek Technology Stock history

Gemtek 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 Gemtek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gemtek 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 Gemtek Technology stock prices may prove useful in developing a viable investing in Gemtek Technology
Gemtek Technology Co., Ltd. designs, develops, manufactures, and sells wireless communications technologies and solutions in Taiwan and internationally. The company was founded in 1988 and is headquartered in Hsinchu, Taiwan. GEMTEK TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan.

Gemtek Technology Stock Technical Analysis

Gemtek 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.
A focus of Gemtek Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gemtek Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Gemtek Technology Period Price Range

Low
November 30, 2024
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Gemtek Technology Co 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.

Gemtek Technology November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Gemtek 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 Gemtek Technology shares will generate the highest return on investment. By undertsting and applying Gemtek Technology stock market strength indicators, traders can identify Gemtek Technology Co entry and exit signals to maximize returns

Gemtek Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gemtek Technology's price direction in advance. Along with the technical and fundamental analysis of Gemtek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gemtek 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.

Additional Tools for Gemtek Stock Analysis

When running Gemtek Technology's price analysis, check to measure Gemtek 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 Gemtek Technology is operating at the current time. Most of Gemtek Technology's value examination focuses on studying past and present price action to predict the probability of Gemtek 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 Gemtek Technology's price. Additionally, you may evaluate how the addition of Gemtek Technology to your portfolios can decrease your overall portfolio volatility.