Symtek Automation (Taiwan) Price on September 16, 2024
| 6438 Stock | TWD 224.50 9.50 4.06% |
If you're considering investing in Symtek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Symtek Automation stands at 224.50, as last reported on the 27th of November, with the highest price reaching 234.00 and the lowest price hitting 222.50 during the day. Symtek Automation appears to be very steady, given 3 months investment horizon. Symtek Automation Asia owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. By inspecting Symtek Automation's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please review Symtek Automation's Coefficient Of Variation of 317.55, semi deviation of 1.7, and Risk Adjusted Performance of 0.2485 to confirm if our risk estimates are consistent with your expectations.
Symtek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Symtek |
Sharpe Ratio = 0.2672
| Best Portfolio | Best Equity | |||
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| Small Returns | 6438 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Symtek Automation is performing at about 21% 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 Symtek Automation by adding it to a well-diversified portfolio.
Symtek Automation Valuation on September 16, 2024
It is possible to determine the worth of Symtek Automation on a given historical date. On September 16, 2024 Symtek was worth 127.5 at the beginning of the trading date compared to the closed value of 127.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Symtek Automation stock. Still, in general, we apply an absolute valuation method to find Symtek Automation'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 Symtek Automation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Symtek Automation's related companies.
| Open | High | Low | Close | Volume | |
| 127.50 | 128.00 | 125.00 | 126.50 | 735,950 | |
09/16/2024 | 127.50 | 129.00 | 126.50 | 127.00 | 931,624 |
| 128.00 | 134.50 | 127.00 | 129.00 | 4,518,163 |
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Symtek Automation Trading Date Momentum on September 16, 2024
| On September 18 2024 Symtek Automation Asia was traded for 129.00 at the closing time. The highest price during the trading period was 134.50 and the lowest recorded bid was listed for 127.00 . The volume for the day was 4.5 M. This history from September 18, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.57% . The trading price change to the current price is 17.72% . |
Symtek Automation Asia Fundamentals Correlations and Trends
By evaluating Symtek Automation'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 Symtek Automation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Symtek financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Symtek Automation Stock history
Symtek Automation 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 Symtek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Symtek Automation Asia 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 Symtek Automation stock prices may prove useful in developing a viable investing in Symtek Automation
Symtek Automation Asia Co., Ltd. designs and manufactures automation system solutions. Symtek Automation Asia Co., Ltd. was founded in 1999 and is based in Taoyuan City, Taiwan. SYMTEK AUTOMATION operates under Specialty Industrial Machinery classification in Taiwan and is traded on Taiwan Stock Exchange.
Symtek Automation Stock Technical Analysis
Symtek Automation 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
Symtek Automation Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Symtek Automation Asia 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.
Symtek Automation November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Symtek Automation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Symtek Automation shares will generate the highest return on investment. By undertsting and applying Symtek Automation stock market strength indicators, traders can identify Symtek Automation Asia entry and exit signals to maximize returns
Symtek Automation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Symtek Automation's price direction in advance. Along with the technical and fundamental analysis of Symtek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Symtek 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 | 0.2485 | |||
| Jensen Alpha | 0.9901 | |||
| Total Risk Alpha | 0.5558 | |||
| Sortino Ratio | 0.3695 | |||
| Treynor Ratio | 1.13 |
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Additional Tools for Symtek Stock Analysis
When running Symtek Automation's price analysis, check to measure Symtek Automation'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 Symtek Automation is operating at the current time. Most of Symtek Automation's value examination focuses on studying past and present price action to predict the probability of Symtek Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Symtek Automation's price. Additionally, you may evaluate how the addition of Symtek Automation to your portfolios can decrease your overall portfolio volatility.