Etron Technology (Taiwan) Price on December 10, 2024

5351 Stock  TWD 34.35  0.65  1.93%   
If you're considering investing in Etron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Etron Technology stands at 34.35, as last reported on the 13th of December 2024, with the highest price reaching 34.80 and the lowest price hitting 33.80 during the day. Etron Technology secures Sharpe Ratio (or Efficiency) of -0.0484, which denotes the company had a -0.0484% return per unit of risk over the last 3 months. Etron Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Etron Technology's Standard Deviation of 2.06, mean deviation of 1.63, and Variance of 4.24 to check the risk estimate we provide.
  
Etron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0484

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Estimated Market Risk

 2.08
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Etron 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 Etron Technology by adding Etron Technology to a well-diversified portfolio.

Etron Technology Valuation on December 10, 2024

It is possible to determine the worth of Etron Technology on a given historical date. On December 10, 2024 Etron was worth 33.6 at the beginning of the trading date compared to the closed value of 34.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Etron Technology stock. Still, in general, we apply an absolute valuation method to find Etron 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 Etron Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Etron Technology's related companies.
 Open High Low Close Volume
  34.05    34.05    33.55    33.55    739,000  
12/10/2024
  33.60    34.65    33.60    34.45    1,306,105  
  34.05    34.50    33.55    33.70    951,428  
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Open Value
33.6
34.45
Closing Value
39.84
Upside

Etron Technology Trading Date Momentum on December 10, 2024

On December 11 2024 Etron Technology was traded for  33.70  at the closing time. The highest price during the trading period was 34.50  and the lowest recorded bid was listed for  33.55 . The volume for the day was 951.4 K. This history from December 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.18% . The overall trading delta to the current price is 1.89% .

Etron Technology Fundamentals Correlations and Trends

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

About Etron Technology Stock history

Etron 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 Etron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Etron 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 Etron Technology stock prices may prove useful in developing a viable investing in Etron Technology
Etron Technology, Inc. develops buffer memory and system-on-chips in the United States, Europe, Japan, and Asian countries. Etron Technology, Inc. was founded in 1991 and is headquartered in Hsinchu, Taiwan. ETRON TECHNOLOGY operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan OTC Exchange.

Etron Technology Stock Technical Analysis

Etron 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 Etron Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Etron 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

Etron Technology Period Price Range

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Etron Technology 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.

Etron Technology December 13, 2024 Market Strength

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

Etron Technology Technical and Predictive Indicators

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

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