Top Union (Taiwan) Price on September 6, 2024
| 6266 Stock | TWD 33.00 0.10 0.30% |
If you're considering investing in Top Stock, it is important to understand the factors that can impact its price. As of today, the current price of Top Union stands at 33.00, as last reported on the 24th of November, with the highest price reaching 33.25 and the lowest price hitting 33.00 during the day. At this stage we consider Top Stock to be very steady. Top Union Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0804, which indicates the firm had a 0.0804% return per unit of risk over the last 3 months. We have found thirty technical indicators for Top Union Electronics, which you can use to evaluate the volatility of the company. Please validate Top Union's Risk Adjusted Performance of 0.0913, coefficient of variation of 866.64, and Semi Deviation of 0.7877 to confirm if the risk estimate we provide is consistent with the expected return of 0.0801%.
Top Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Top |
Sharpe Ratio = 0.0804
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| Cash | 6266 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Top Union is performing at about 6% 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 Top Union by adding it to a well-diversified portfolio.
Top Union Valuation on September 6, 2024
It is possible to determine the worth of Top Union on a given historical date. On September 6, 2024 Top was worth 31.1 at the beginning of the trading date compared to the closed value of 31.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Top Union stock. Still, in general, we apply an absolute valuation method to find Top Union'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 Top Union where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Top Union's related companies.
| Open | High | Low | Close | Volume | |
| 31.35 | 31.60 | 31.05 | 31.05 | 114,430 | |
09/06/2024 | 31.10 | 31.15 | 30.85 | 31.10 | 83,492 |
| 31.00 | 32.30 | 30.70 | 32.00 | 424,074 |
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Top Union Trading Date Momentum on September 6, 2024
| On September 09 2024 Top Union Electronics was traded for 32.00 at the closing time. The highest price during the trading period was 32.30 and the lowest recorded bid was listed for 30.70 . The volume for the day was 424.1 K. This history from September 9, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.89% . The trading price change to the current price is 2.89% . |
Top Union Electronics Fundamentals Correlations and Trends
By evaluating Top Union'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 Top Union's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Top financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Top Union Stock history
Top Union 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 Top is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Top Union 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 Top Union stock prices may prove useful in developing a viable investing in Top Union
Top Union Electronics Corp. provides electronic manufacturing services in Taiwan and China. The company was founded in 1990 and is based in Hsinchu, Taiwan. TOP UNION is traded on Taiwan OTC Exchange in Taiwan.
Top Union Stock Technical Analysis
Top Union 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
Top Union Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Top Union Electronics 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.
Top Union November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Top Union stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Top Union shares will generate the highest return on investment. By undertsting and applying Top Union stock market strength indicators, traders can identify Top Union Electronics entry and exit signals to maximize returns
Top Union Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Top Union's price direction in advance. Along with the technical and fundamental analysis of Top Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Top 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 | 0.0913 | |||
| Jensen Alpha | 0.0975 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.907 |
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Additional Tools for Top Stock Analysis
When running Top Union's price analysis, check to measure Top Union'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 Top Union is operating at the current time. Most of Top Union's value examination focuses on studying past and present price action to predict the probability of Top Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Union's price. Additionally, you may evaluate how the addition of Top Union to your portfolios can decrease your overall portfolio volatility.