ADLINK Technology (Taiwan) Price on August 1, 2023
| 6166 Stock | TWD 75.40 0.70 0.92% |
If you're considering investing in ADLINK Stock, it is important to understand the factors that can impact its price. As of today, the current price of ADLINK Technology stands at 75.40, as last reported on the 12th of December 2024, with the highest price reaching 78.50 and the lowest price hitting 75.10 during the day. ADLINK Technology appears to be very steady, given 3 months investment horizon. ADLINK Technology secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for ADLINK Technology, which you can use to evaluate the volatility of the firm. Please makes use of ADLINK Technology's Semi Deviation of 1.38, mean deviation of 1.35, and Risk Adjusted Performance of 0.1019 to double-check if our risk estimates are consistent with your expectations.
ADLINK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ADLINK |
Sharpe Ratio = 0.1161
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 6166 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average ADLINK Technology is performing at about 9% 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 ADLINK Technology by adding it to a well-diversified portfolio.
ADLINK Technology Valuation on August 1, 2023
It is possible to determine the worth of ADLINK Technology on a given historical date. On August 1, 2023 ADLINK was worth 72.8 at the beginning of the trading date compared to the closed value of 71.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ADLINK Technology stock. Still, in general, we apply an absolute valuation method to find ADLINK 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 ADLINK Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ADLINK Technology's related companies.
| Open | High | Low | Close | Volume | |
| 73.70 | 74.60 | 71.60 | 72.10 | 1,657,114 | |
08/01/2023 | 72.80 | 73.50 | 71.00 | 71.20 | 878,179 |
| 71.90 | 71.90 | 67.80 | 68.20 | 1,318,444 |
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ADLINK Technology Trading Date Momentum on August 1, 2023
| On August 02 2023 ADLINK Technology was traded for 68.20 at the closing time. The highest price during the trading period was 71.90 and the lowest recorded bid was listed for 67.80 . The volume for the day was 1.3 M. This history from August 2, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 4.21% . The overall trading delta to the current price is 8.71% . |
ADLINK Technology Fundamentals Correlations and Trends
By evaluating ADLINK 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 ADLINK Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ADLINK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ADLINK Technology Stock history
ADLINK 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 ADLINK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ADLINK 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 ADLINK Technology stock prices may prove useful in developing a viable investing in ADLINK Technology
ADLINK Technology, Inc. provides embedded computing products and services to the test and measurement, automation and process control, gaming, communications, medical, network security, and transportation industries worldwide. ADLINK Technology, Inc. was founded in 1995 and is headquartered in New Taipei, Taiwan. ADLINK TECHNOLOGY operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange.
ADLINK Technology Stock Technical Analysis
ADLINK 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.
Price Boundaries
ADLINK Technology Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
ADLINK Technology 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.
ADLINK Technology December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how ADLINK 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 ADLINK Technology shares will generate the highest return on investment. By undertsting and applying ADLINK Technology stock market strength indicators, traders can identify ADLINK Technology entry and exit signals to maximize returns
ADLINK Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ADLINK Technology's price direction in advance. Along with the technical and fundamental analysis of ADLINK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ADLINK 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 | 0.1019 | |||
| Jensen Alpha | 0.2426 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0612 | |||
| Treynor Ratio | (1.16) |
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| Math Transform | ||
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| Volume Indicators |
Additional Tools for ADLINK Stock Analysis
When running ADLINK Technology's price analysis, check to measure ADLINK 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 ADLINK Technology is operating at the current time. Most of ADLINK Technology's value examination focuses on studying past and present price action to predict the probability of ADLINK 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 ADLINK Technology's price. Additionally, you may evaluate how the addition of ADLINK Technology to your portfolios can decrease your overall portfolio volatility.