Asia Tech (Taiwan) Price on November 6, 2024
| 4974 Stock | TWD 91.60 0.20 0.22% |
If you're considering investing in Asia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asia Tech stands at 91.60, as last reported on the 11th of December 2024, with the highest price reaching 92.50 and the lowest price hitting 90.60 during the day. Asia Tech Image secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Asia Tech Image exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asia Tech's Standard Deviation of 2.61, mean deviation of 1.69, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Asia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asia |
Sharpe Ratio = -0.1158
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4974 |
Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asia Tech 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 Asia Tech by adding Asia Tech to a well-diversified portfolio.
Asia Tech Valuation on November 6, 2024
It is possible to determine the worth of Asia Tech on a given historical date. On November 6, 2024 Asia was worth 94.5 at the beginning of the trading date compared to the closed value of 94.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Tech stock. Still, in general, we apply an absolute valuation method to find Asia Tech'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 Asia Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Tech's related companies.
| Open | High | Low | Close | Volume | |
| 93.10 | 94.90 | 91.00 | 93.80 | 1,232,113 | |
11/06/2024 | 94.50 | 95.60 | 93.00 | 94.40 | 459,846 |
| 94.70 | 96.20 | 94.70 | 95.80 | 321,000 |
| Backtest Asia Tech | | | Asia Tech History | | | Asia Tech Valuation | Previous | Next |
Asia Tech Trading Date Momentum on November 6, 2024
| On November 07 2024 Asia Tech Image was traded for 95.80 at the closing time. The highest price during the trading period was 96.20 and the lowest recorded bid was listed for 94.70 . The volume for the day was 321 K. This history from November 7, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.48% . The overall trading delta to the current price is 2.54% . |
Asia Tech Image Fundamentals Correlations and Trends
By evaluating Asia Tech'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 Asia Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asia Tech Stock history
Asia Tech 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 Asia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asia Tech Image 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 Asia Tech stock prices may prove useful in developing a viable investing in Asia Tech
Asia Tech Image Inc. designs, develops, assembles, manufactures, and sells customized contact image sensor modules in Taiwan, China, and Myanmar. The company was founded in 2004 and is based in New Taipei City, Taiwan. ASIA TECH is traded on Taiwan OTC Exchange in Taiwan.
Asia Tech Stock Technical Analysis
Asia Tech 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
Asia Tech Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Asia Tech Image 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.
Asia Tech December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asia Tech shares will generate the highest return on investment. By undertsting and applying Asia Tech stock market strength indicators, traders can identify Asia Tech Image entry and exit signals to maximize returns
Asia Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Tech's price direction in advance. Along with the technical and fundamental analysis of Asia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asia 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 | (0.05) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 2.03 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Asia Stock Analysis
When running Asia Tech's price analysis, check to measure Asia Tech'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 Asia Tech is operating at the current time. Most of Asia Tech's value examination focuses on studying past and present price action to predict the probability of Asia Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Tech's price. Additionally, you may evaluate how the addition of Asia Tech to your portfolios can decrease your overall portfolio volatility.