Voltronic Power (Taiwan) Price on September 24, 2024
| 6409 Stock | TWD 1,995 25.00 1.27% |
If you're considering investing in Voltronic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Voltronic Power stands at 1,995, as last reported on the 26th of November, with the highest price reaching 2,100 and the lowest price hitting 1,995 during the day. At this stage we consider Voltronic Stock to be very steady. Voltronic Power Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0073, which indicates the firm had a 0.0073% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Voltronic Power Technology, which you can use to evaluate the volatility of the company. Please validate Voltronic Power's Risk Adjusted Performance of 0.007, coefficient of variation of (249,565), and Variance of 8.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.021%.
Voltronic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Voltronic |
Sharpe Ratio = 0.0073
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6409 |
Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Voltronic Power 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 Voltronic Power by adding Voltronic Power to a well-diversified portfolio.
Voltronic Power Valuation on September 24, 2024
It is possible to determine the worth of Voltronic Power on a given historical date. On September 24, 2024 Voltronic was worth 2225.0 at the beginning of the trading date compared to the closed value of 2370.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Voltronic Power stock. Still, in general, we apply an absolute valuation method to find Voltronic Power'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 Voltronic Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Voltronic Power's related companies.
| Open | High | Low | Close | Volume | |
| 2,275 | 2,305 | 2,190 | 2,235 | 177,802 | |
09/24/2024 | 2,225 | 2,370 | 2,205 | 2,370 | 247,321 |
| 2,380 | 2,385 | 2,265 | 2,315 | 368,568 |
| Backtest Voltronic Power | | | Voltronic Power History | | | Voltronic Power Valuation | Previous | Next |
Voltronic Power Trading Date Momentum on September 24, 2024
| On September 25 2024 Voltronic Power Technology was traded for 2,315 at the closing time. The highest price during the trading period was 2,385 and the lowest recorded bid was listed for 2,265 . The volume for the day was 368.6 K. This history from September 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.32% . The trading price change to the current price is 13.50% . |
Voltronic Power Tech Fundamentals Correlations and Trends
By evaluating Voltronic Power'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 Voltronic Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Voltronic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Voltronic Power Stock history
Voltronic Power 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 Voltronic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Voltronic Power Tech 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 Voltronic Power stock prices may prove useful in developing a viable investing in Voltronic Power
Voltronic Power Technology Corp. primarily designs, manufactures, markets, introduces, and sells uninterruptible power systems in Taiwan and China. The company was founded in 2008 and is headquartered in Taipei, Taiwan. VOLTRONIC POWER is traded on Taiwan Stock Exchange in Taiwan.
Voltronic Power Stock Technical Analysis
Voltronic Power 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
Voltronic Power Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Voltronic Power Technology 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.
Voltronic Power November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Voltronic Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Voltronic Power shares will generate the highest return on investment. By undertsting and applying Voltronic Power stock market strength indicators, traders can identify Voltronic Power Technology entry and exit signals to maximize returns
Voltronic Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Voltronic Power's price direction in advance. Along with the technical and fundamental analysis of Voltronic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Voltronic 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 | 0.007 | |||
| Jensen Alpha | 0.0287 | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.0332 |
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Additional Tools for Voltronic Stock Analysis
When running Voltronic Power's price analysis, check to measure Voltronic Power'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 Voltronic Power is operating at the current time. Most of Voltronic Power's value examination focuses on studying past and present price action to predict the probability of Voltronic Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Voltronic Power's price. Additionally, you may evaluate how the addition of Voltronic Power to your portfolios can decrease your overall portfolio volatility.