Averlogic Technologies (Taiwan) Price on September 6, 2024
| 6198 Stock | TWD 41.65 0.10 0.24% |
If you're considering investing in Averlogic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Averlogic Technologies stands at 41.65, as last reported on the 27th of November, with the highest price reaching 41.65 and the lowest price hitting 40.30 during the day. Averlogic Technologies secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of standard deviation over the last 3 months. Averlogic Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Averlogic Technologies' mean deviation of 1.47, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
Averlogic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Averlogic |
Sharpe Ratio = -0.1605
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| Negative Returns | 6198 |
Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Averlogic Technologies 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 Averlogic Technologies by adding Averlogic Technologies to a well-diversified portfolio.
Averlogic Technologies Valuation on September 6, 2024
It is possible to determine the worth of Averlogic Technologies on a given historical date. On September 6, 2024 Averlogic was worth 52.0 at the beginning of the trading date compared to the closed value of 52.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Averlogic Technologies stock. Still, in general, we apply an absolute valuation method to find Averlogic Technologies' 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 Averlogic Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Averlogic Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 53.10 | 53.40 | 52.00 | 52.00 | 27,000 | |
09/06/2024 | 52.00 | 52.70 | 52.00 | 52.10 | 13,172 |
| 52.00 | 52.10 | 50.00 | 52.00 | 31,116 |
| Backtest Averlogic Technologies | | | Averlogic Technologies History | | | Averlogic Technologies Valuation | Previous | Next |
Averlogic Technologies Trading Date Momentum on September 6, 2024
| On September 09 2024 Averlogic Technologies was traded for 52.00 at the closing time. The highest price during the trading period was 52.10 and the lowest recorded bid was listed for 50.00 . The volume for the day was 31.1 K. This history from September 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.19% . The overall trading delta to the current price is 5.18% . |
Averlogic Technologies Fundamentals Correlations and Trends
By evaluating Averlogic Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Averlogic Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Averlogic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Averlogic Technologies Stock history
Averlogic Technologies 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 Averlogic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Averlogic Technologies 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 Averlogic Technologies stock prices may prove useful in developing a viable investing in Averlogic Technologies
Averlogic Technologies Stock Technical Analysis
Averlogic Technologies 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
Averlogic Technologies Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Averlogic Technologies 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.
Averlogic Technologies November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Averlogic Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Averlogic Technologies shares will generate the highest return on investment. By undertsting and applying Averlogic Technologies stock market strength indicators, traders can identify Averlogic Technologies entry and exit signals to maximize returns
Averlogic Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Averlogic Technologies' price direction in advance. Along with the technical and fundamental analysis of Averlogic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Averlogic 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 | (0.13) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 151.82 |
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Additional Tools for Averlogic Stock Analysis
When running Averlogic Technologies' price analysis, check to measure Averlogic Technologies' 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 Averlogic Technologies is operating at the current time. Most of Averlogic Technologies' value examination focuses on studying past and present price action to predict the probability of Averlogic Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Averlogic Technologies' price. Additionally, you may evaluate how the addition of Averlogic Technologies to your portfolios can decrease your overall portfolio volatility.