Genesis Technology (Taiwan) Price on October 8, 2024
6221 Stock | TWD 65.70 0.30 0.45% |
If you're considering investing in Genesis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Genesis Technology stands at 65.70, as last reported on the 22nd of November, with the highest price reaching 65.90 and the lowest price hitting 65.70 during the day. Genesis Technology holds Efficiency (Sharpe) Ratio of -0.0815, which attests that the entity had a -0.0815% return per unit of risk over the last 3 months. Genesis Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genesis Technology's Standard Deviation of 2.74, market risk adjusted performance of 0.5035, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
Genesis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Genesis |
Sharpe Ratio = -0.0815
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 6221 |
Estimated Market Risk
2.8 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.23 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 Genesis 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 Genesis Technology by adding Genesis Technology to a well-diversified portfolio.
Genesis Technology Valuation on October 8, 2024
It is possible to determine the worth of Genesis Technology on a given historical date. On October 8, 2024 Genesis was worth 83.5 at the beginning of the trading date compared to the closed value of 83.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Genesis Technology stock. Still, in general, we apply an absolute valuation method to find Genesis 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 Genesis Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Genesis Technology's related companies.
Open | High | Low | Close | Volume | |
83.20 | 84.20 | 81.90 | 83.40 | 27,773 | |
10/08/2024 | 83.50 | 83.50 | 82.50 | 83.00 | 31,963 |
84.40 | 84.40 | 82.40 | 83.60 | 37,437 |
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Genesis Technology Trading Date Momentum on October 8, 2024
On October 09 2024 Genesis Technology was traded for 83.60 at the closing time. The highest price during the trading period was 84.40 and the lowest recorded bid was listed for 82.40 . The volume for the day was 37.4 K. This history from October 9, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.72% . The overall trading delta to the current price is 19.76% . |
Genesis Technology Fundamentals Correlations and Trends
By evaluating Genesis 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 Genesis Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Genesis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Genesis Technology Stock history
Genesis 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 Genesis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Genesis 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 Genesis Technology stock prices may prove useful in developing a viable investing in Genesis Technology
Genesis Technology, Inc. provides various information technology solutions to enterprises in Taiwan. Genesis Technology, Inc. was founded in 1994 and is headquartered in Hsinchu, Taiwan. GENESIS TECHNOLOGY operates under Information Technology Services classification in Taiwan and is traded on Taiwan OTC Exchange.
Genesis Technology Stock Technical Analysis
Genesis 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
Genesis Technology Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Genesis 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.
Genesis Technology November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Genesis 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 Genesis Technology shares will generate the highest return on investment. By undertsting and applying Genesis Technology stock market strength indicators, traders can identify Genesis Technology entry and exit signals to maximize returns
Genesis Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Genesis Technology's price direction in advance. Along with the technical and fundamental analysis of Genesis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Genesis 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 | (0.07) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | 0.4935 |
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Additional Tools for Genesis Stock Analysis
When running Genesis Technology's price analysis, check to measure Genesis 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 Genesis Technology is operating at the current time. Most of Genesis Technology's value examination focuses on studying past and present price action to predict the probability of Genesis 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 Genesis Technology's price. Additionally, you may evaluate how the addition of Genesis Technology to your portfolios can decrease your overall portfolio volatility.