Wistron NeWeb (Taiwan) Price on October 9, 2024

6285 Stock  TWD 116.00  3.00  2.52%   
If you're considering investing in Wistron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wistron NeWeb stands at 116.00, as last reported on the 27th of November, with the highest price reaching 121.50 and the lowest price hitting 116.00 during the day. Wistron NeWeb Corp shows Sharpe Ratio of -0.0223, which attests that the company had a -0.0223% return per unit of risk over the last 3 months. Wistron NeWeb Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wistron NeWeb's Standard Deviation of 2.16, market risk adjusted performance of (0.09), and Mean Deviation of 1.48 to validate the risk estimate we provide.
  
Wistron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0223

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Estimated Market Risk

 2.22
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wistron NeWeb 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 Wistron NeWeb by adding Wistron NeWeb to a well-diversified portfolio.

Wistron NeWeb Valuation on October 9, 2024

It is possible to determine the worth of Wistron NeWeb on a given historical date. On October 9, 2024 Wistron was worth 115.5 at the beginning of the trading date compared to the closed value of 113.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wistron NeWeb stock. Still, in general, we apply an absolute valuation method to find Wistron NeWeb'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 Wistron NeWeb where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wistron NeWeb's related companies.
 Open High Low Close Volume
  116.50    117.00    115.00    115.00    1,197,316  
10/09/2024
  115.50    116.50    113.00    113.00    1,425,390  
  113.50    115.50    113.00    114.00    1,102,322  
Backtest Wistron NeWeb  |  Wistron NeWeb History  |  Wistron NeWeb Valuation   PreviousNext  
Open Value
115.5
108.85
Downside
113.0
Closing Value
122.15
Upside

Wistron NeWeb Trading Date Momentum on October 9, 2024

On October 11 2024 Wistron NeWeb Corp was traded for  114.00  at the closing time. The highest price during the trading period was 115.50  and the lowest recorded bid was listed for  113.00 . The volume for the day was 1.1 M. This history from October 11, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.88% . The trading price change to the current price is 3.10% .

Wistron NeWeb Corp Fundamentals Correlations and Trends

By evaluating Wistron NeWeb'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 Wistron NeWeb's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wistron financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wistron NeWeb Stock history

Wistron NeWeb 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 Wistron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wistron NeWeb Corp 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 Wistron NeWeb stock prices may prove useful in developing a viable investing in Wistron NeWeb
Wistron NeWeb Corporation researches, develops, produces, and sells communications products worldwide. Wistron NeWeb Corporation was founded in 1996 and is headquartered in Hsinchu, Taiwan. WISTRON NEWEB operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.

Wistron NeWeb Stock Technical Analysis

Wistron NeWeb 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.
A focus of Wistron NeWeb technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wistron NeWeb trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Wistron NeWeb Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wistron NeWeb Corp 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.

Wistron NeWeb November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Wistron NeWeb stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wistron NeWeb shares will generate the highest return on investment. By undertsting and applying Wistron NeWeb stock market strength indicators, traders can identify Wistron NeWeb Corp entry and exit signals to maximize returns

Wistron NeWeb Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wistron NeWeb's price direction in advance. Along with the technical and fundamental analysis of Wistron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wistron 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.

Additional Tools for Wistron Stock Analysis

When running Wistron NeWeb's price analysis, check to measure Wistron NeWeb'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 Wistron NeWeb is operating at the current time. Most of Wistron NeWeb's value examination focuses on studying past and present price action to predict the probability of Wistron NeWeb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wistron NeWeb's price. Additionally, you may evaluate how the addition of Wistron NeWeb to your portfolios can decrease your overall portfolio volatility.