Acbel Polytech (Taiwan) Price on October 17, 2024
| 6282 Stock | TWD 33.90 0.15 0.44% |
If you're considering investing in Acbel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Acbel Polytech stands at 33.90, as last reported on the 27th of November, with the highest price reaching 34.90 and the lowest price hitting 33.65 during the day. At this stage we consider Acbel Stock to be very steady. Acbel Polytech secures Sharpe Ratio (or Efficiency) of 0.0034, which signifies that the company had a 0.0034% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Acbel Polytech, which you can use to evaluate the volatility of the firm. Please confirm Acbel Polytech's risk adjusted performance of 0.0013, and Mean Deviation of 1.6 to double-check if the risk estimate we provide is consistent with the expected return of 0.0081%.
Acbel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Acbel |
Sharpe Ratio = 0.0034
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6282 |
Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Acbel Polytech 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 Acbel Polytech by adding Acbel Polytech to a well-diversified portfolio.
Acbel Polytech Valuation on October 17, 2024
It is possible to determine the worth of Acbel Polytech on a given historical date. On October 17, 2024 Acbel was worth 34.6 at the beginning of the trading date compared to the closed value of 34.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Acbel Polytech stock. Still, in general, we apply an absolute valuation method to find Acbel Polytech'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 Acbel Polytech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Acbel Polytech's related companies.
| Open | High | Low | Close | Volume | |
| 33.70 | 34.50 | 33.40 | 34.50 | 2,690,943 | |
10/17/2024 | 34.60 | 34.80 | 34.15 | 34.30 | 2,321,128 |
| 34.30 | 34.50 | 33.75 | 33.85 | 1,659,346 |
| Backtest Acbel Polytech | | | Acbel Polytech History | | | Acbel Polytech Valuation | Previous | Next |
Acbel Polytech Trading Date Momentum on October 17, 2024
| On October 18 2024 Acbel Polytech was traded for 33.85 at the closing time. The highest price during the trading period was 34.50 and the lowest recorded bid was listed for 33.75 . The volume for the day was 1.7 M. This history from October 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.31% . The overall trading delta to the current price is 1.17% . |
Acbel Polytech Fundamentals Correlations and Trends
By evaluating Acbel Polytech'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 Acbel Polytech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Acbel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Acbel Polytech Stock history
Acbel Polytech 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 Acbel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Acbel Polytech 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 Acbel Polytech stock prices may prove useful in developing a viable investing in Acbel Polytech
AcBel Polytech Inc. develops, manufactures, and sells power management solutions worldwide. AcBel Polytech Inc. was founded in 1981 and is headquartered in New Taipei City, Taiwan. ACBEL POLYTECH operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Acbel Polytech Stock Technical Analysis
Acbel Polytech 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
Acbel Polytech Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Acbel Polytech 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.
Acbel Polytech November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Acbel Polytech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acbel Polytech shares will generate the highest return on investment. By undertsting and applying Acbel Polytech stock market strength indicators, traders can identify Acbel Polytech entry and exit signals to maximize returns
Acbel Polytech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Acbel Polytech's price direction in advance. Along with the technical and fundamental analysis of Acbel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Acbel 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 | 0.0013 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.04) |
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Additional Tools for Acbel Stock Analysis
When running Acbel Polytech's price analysis, check to measure Acbel Polytech'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 Acbel Polytech is operating at the current time. Most of Acbel Polytech's value examination focuses on studying past and present price action to predict the probability of Acbel Polytech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acbel Polytech's price. Additionally, you may evaluate how the addition of Acbel Polytech to your portfolios can decrease your overall portfolio volatility.