Chicony Power (Taiwan) Price on September 30, 2024
| 6412 Stock | TWD 126.00 1.50 1.18% |
If you're considering investing in Chicony Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chicony Power stands at 126.00, as last reported on the 27th of November, with the highest price reaching 128.00 and the lowest price hitting 125.50 during the day. At this stage we consider Chicony Stock to be very steady. Chicony Power Technology secures Sharpe Ratio (or Efficiency) of 0.0128, which signifies that the company had a 0.0128% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Chicony Power Technology, which you can use to evaluate the volatility of the firm. Please confirm Chicony Power's Risk Adjusted Performance of 0.0204, downside deviation of 1.78, and Mean Deviation of 1.25 to double-check if the risk estimate we provide is consistent with the expected return of 0.0259%.
Chicony Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chicony |
Sharpe Ratio = 0.0128
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6412 |
Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Chicony Power is performing at about 1% 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 Chicony Power by adding it to a well-diversified portfolio.
Chicony Power Valuation on September 30, 2024
It is possible to determine the worth of Chicony Power on a given historical date. On September 30, 2024 Chicony was worth 136.0 at the beginning of the trading date compared to the closed value of 135.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chicony Power stock. Still, in general, we apply an absolute valuation method to find Chicony 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 Chicony Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chicony Power's related companies.
| Open | High | Low | Close | Volume | |
| 139.50 | 140.00 | 135.50 | 136.00 | 1,179,118 | |
09/30/2024 | 136.00 | 138.00 | 135.50 | 135.50 | 458,856 |
| 135.50 | 136.50 | 134.00 | 135.50 | 284,340 |
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Chicony Power Trading Date Momentum on September 30, 2024
| On October 01 2024 Chicony Power Technology was traded for 135.50 at the closing time. The highest price during the trading period was 136.50 and the lowest recorded bid was listed for 134.00 . The volume for the day was 284.3 K. This history from October 1, 2024 did not affect price variability. The overall trading delta to the current price is 5.90% . |
Chicony Power Technology Fundamentals Correlations and Trends
By evaluating Chicony 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 Chicony Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chicony financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chicony Power Stock history
Chicony 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 Chicony is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chicony Power 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 Chicony Power stock prices may prove useful in developing a viable investing in Chicony Power
Chicony Power Technology Co., Ltd. manufactures and sells switching power supplies, electronic components, and LED lighting products in Asia, the United States, Europe, and internationally. The company was founded in 2008 and is headquartered in New Taipei City, Taiwan. CHICONY POWER is traded on Taiwan Stock Exchange in Taiwan.
Chicony Power Stock Technical Analysis
Chicony 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
Chicony Power Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Chicony 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.
Chicony Power November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Chicony 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 Chicony Power shares will generate the highest return on investment. By undertsting and applying Chicony Power stock market strength indicators, traders can identify Chicony Power Technology entry and exit signals to maximize returns
Chicony Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chicony Power's price direction in advance. Along with the technical and fundamental analysis of Chicony Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chicony 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 | 0.0204 | |||
| Jensen Alpha | 0.0279 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (4.87) |
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Additional Tools for Chicony Stock Analysis
When running Chicony Power's price analysis, check to measure Chicony 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 Chicony Power is operating at the current time. Most of Chicony Power's value examination focuses on studying past and present price action to predict the probability of Chicony 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 Chicony Power's price. Additionally, you may evaluate how the addition of Chicony Power to your portfolios can decrease your overall portfolio volatility.