V Tac (Taiwan) Price on October 17, 2024
6229 Stock | TWD 30.20 0.05 0.17% |
If you're considering investing in 6229 Stock, it is important to understand the factors that can impact its price. As of today, the current price of V Tac stands at 30.20, as last reported on the 29th of November, with the highest price reaching 30.60 and the lowest price hitting 29.80 during the day. V Tac Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.061, which indicates the company had a -0.061% return per unit of risk over the last 3 months. V Tac Technology Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate V Tac's market risk adjusted performance of (1.34), and Standard Deviation of 2.58 to confirm the risk estimate we provide.
6229 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
6229 |
Sharpe Ratio = -0.061
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Estimated Market Risk
2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average V Tac 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 V Tac by adding V Tac to a well-diversified portfolio.
V Tac Valuation on October 17, 2024
It is possible to determine the worth of V Tac on a given historical date. On October 17, 2024 6229 was worth 38.1 at the beginning of the trading date compared to the closed value of 36.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of V Tac stock. Still, in general, we apply an absolute valuation method to find V Tac'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 V Tac where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against V Tac's related companies.
Open | High | Low | Close | Volume | |
37.85 | 38.10 | 36.80 | 37.95 | 552,147 | |
10/17/2024 | 38.10 | 38.10 | 36.60 | 36.70 | 437,000 |
36.70 | 36.95 | 36.05 | 36.05 | 280,659 |
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V Tac Trading Date Momentum on October 17, 2024
On October 18 2024 V Tac Technology Co was traded for 36.05 at the closing time. The highest price during the trading period was 36.95 and the lowest recorded bid was listed for 36.05 . The volume for the day was 280.7 K. This history from October 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.77% . The trading price change to the current price is 1.91% . |
V Tac Technology Fundamentals Correlations and Trends
By evaluating V Tac'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 V Tac's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 6229 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About V Tac Stock history
V Tac 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 6229 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in V Tac 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 V Tac stock prices may prove useful in developing a viable investing in V Tac
V Tac Stock Technical Analysis
V Tac 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
V Tac Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
V Tac Technology Co 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.
V Tac November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how V Tac stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading V Tac shares will generate the highest return on investment. By undertsting and applying V Tac stock market strength indicators, traders can identify V Tac Technology Co entry and exit signals to maximize returns
V Tac Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for V Tac's price direction in advance. Along with the technical and fundamental analysis of 6229 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 6229 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 | (0.05) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | (1.35) |
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Additional Tools for 6229 Stock Analysis
When running V Tac's price analysis, check to measure V Tac'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 V Tac is operating at the current time. Most of V Tac's value examination focuses on studying past and present price action to predict the probability of V Tac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move V Tac's price. Additionally, you may evaluate how the addition of V Tac to your portfolios can decrease your overall portfolio volatility.