Prime Electronics (Taiwan) Price on October 24, 2024
6152 Stock | TWD 13.35 0.10 0.75% |
If you're considering investing in Prime Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prime Electronics stands at 13.35, as last reported on the 1st of December, with the highest price reaching 13.45 and the lowest price hitting 13.15 during the day. Prime Electronics maintains Sharpe Ratio (i.e., Efficiency) of -0.0769, which implies the firm had a -0.0769% return per unit of risk over the last 3 months. Prime Electronics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prime Electronics' Coefficient Of Variation of (1,900), variance of 14.32, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Prime Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prime |
Sharpe Ratio = -0.0769
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 6152 |
Estimated Market Risk
3.8 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prime Electronics 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 Prime Electronics by adding Prime Electronics to a well-diversified portfolio.
Prime Electronics Valuation on October 24, 2024
It is possible to determine the worth of Prime Electronics on a given historical date. On October 24, 2024 Prime was worth 16.35 at the beginning of the trading date compared to the closed value of 15.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prime Electronics stock. Still, in general, we apply an absolute valuation method to find Prime Electronics' 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 Prime Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prime Electronics' related companies.
Open | High | Low | Close | Volume | |
16.10 | 16.85 | 16.10 | 16.40 | 2,753,567 | |
10/24/2024 | 16.35 | 16.35 | 15.70 | 15.70 | 2,082,232 |
15.80 | 16.45 | 15.60 | 16.15 | 1,543,065 |
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Prime Electronics Trading Date Momentum on October 24, 2024
On October 25 2024 Prime Electronics Satellitics was traded for 16.15 at the closing time. The highest price during the trading period was 16.45 and the lowest recorded bid was listed for 15.60 . The volume for the day was 1.5 M. This history from October 25, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.87% . The trading delta at closing time to the current price is 2.55% . |
Prime Electronics Fundamentals Correlations and Trends
By evaluating Prime Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prime Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prime financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prime Electronics Stock history
Prime Electronics 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 Prime is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prime Electronics 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 Prime Electronics stock prices may prove useful in developing a viable investing in Prime Electronics
Prime Electronics Satellitics Inc. develops, manufactures, and sells digital satellite communication and wireless consumer electronic products worldwide. Prime Electronics Satellitics Inc. was founded in 1995 and is based in Taoyuan, Taiwan. PRIME ELECTRONICSSATEL operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.
Prime Electronics Stock Technical Analysis
Prime Electronics 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
Prime Electronics Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Prime Electronics Satellitics 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.
Prime Electronics December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Prime Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prime Electronics shares will generate the highest return on investment. By undertsting and applying Prime Electronics stock market strength indicators, traders can identify Prime Electronics Satellitics entry and exit signals to maximize returns
Prime Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prime Electronics' price direction in advance. Along with the technical and fundamental analysis of Prime Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prime 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 | (0.03) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.84) | |||
Treynor Ratio | 0.8646 |
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Additional Tools for Prime Stock Analysis
When running Prime Electronics' price analysis, check to measure Prime Electronics' 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 Prime Electronics is operating at the current time. Most of Prime Electronics' value examination focuses on studying past and present price action to predict the probability of Prime Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Electronics' price. Additionally, you may evaluate how the addition of Prime Electronics to your portfolios can decrease your overall portfolio volatility.