Leatec Fine (Taiwan) Price on October 31, 2024
| 6127 Stock | TWD 28.90 0.60 2.12% |
If you're considering investing in Leatec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Leatec Fine stands at 28.90, as last reported on the 26th of November, with the highest price reaching 29.40 and the lowest price hitting 28.30 during the day. At this stage we consider Leatec Stock to be not too volatile. Leatec Fine Ceramics has Sharpe Ratio of 0.0422, which conveys that the firm had a 0.0422% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Leatec Fine, which you can use to evaluate the volatility of the firm. Please verify Leatec Fine's Risk Adjusted Performance of 0.021, downside deviation of 2.45, and Mean Deviation of 1.84 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Leatec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Leatec |
Sharpe Ratio = 0.0422
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| Cash | Small Risk | 6127 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Leatec Fine is performing at about 3% 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 Leatec Fine by adding it to a well-diversified portfolio.
Leatec Fine Valuation on October 31, 2024
It is possible to determine the worth of Leatec Fine on a given historical date. On October 31, 2024 Leatec was worth 28.35 at the beginning of the trading date compared to the closed value of 28.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Leatec Fine stock. Still, in general, we apply an absolute valuation method to find Leatec Fine'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 Leatec Fine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Leatec Fine's related companies.
| Open | High | Low | Close | Volume | |
| 29.30 | 29.30 | 28.30 | 28.35 | 776,614 | |
10/31/2024 | 28.35 | 28.35 | 28.35 | 28.35 | 1.00 |
| 27.15 | 29.10 | 26.90 | 28.80 | 829,025 |
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Leatec Fine Trading Date Momentum on October 31, 2024
| On November 01 2024 Leatec Fine Ceramics was traded for 28.80 at the closing time. The highest price during the trading period was 29.10 and the lowest recorded bid was listed for 26.90 . The volume for the day was 829 K. This history from November 1, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.59% . The trading delta at closing time to the current price is 1.94% . |
Leatec Fine Ceramics Fundamentals Correlations and Trends
By evaluating Leatec Fine'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 Leatec Fine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Leatec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Leatec Fine Stock history
Leatec Fine 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 Leatec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Leatec Fine Ceramics 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 Leatec Fine stock prices may prove useful in developing a viable investing in Leatec Fine
LEATEC Fine Ceramics Co., Ltd. manufacturers and sells chip alumina fine ceramic substrates in Taiwan. LEATEC Fine Ceramics Co., Ltd. was founded in 1991 and is based in Taoyuan City, Taiwan. LEATEC FINE operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange.
Leatec Fine Stock Technical Analysis
Leatec Fine 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
Leatec Fine Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Leatec Fine Ceramics 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.
Leatec Fine November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Leatec Fine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Leatec Fine shares will generate the highest return on investment. By undertsting and applying Leatec Fine stock market strength indicators, traders can identify Leatec Fine Ceramics entry and exit signals to maximize returns
Leatec Fine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Leatec Fine's price direction in advance. Along with the technical and fundamental analysis of Leatec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Leatec 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 | 0.021 | |||
| Jensen Alpha | 0.0187 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2345 |
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Additional Tools for Leatec Stock Analysis
When running Leatec Fine's price analysis, check to measure Leatec Fine'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 Leatec Fine is operating at the current time. Most of Leatec Fine's value examination focuses on studying past and present price action to predict the probability of Leatec Fine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leatec Fine's price. Additionally, you may evaluate how the addition of Leatec Fine to your portfolios can decrease your overall portfolio volatility.