Compal Broadband (Taiwan) Price on August 9, 2024
| 6674 Stock | TWD 30.20 1.55 4.88% |
If you're considering investing in Compal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Compal Broadband stands at 30.20, as last reported on the 24th of November, with the highest price reaching 31.70 and the lowest price hitting 29.15 during the day. Compal Broadband appears to be not too volatile, given 3 months investment horizon. Compal Broadband Networks secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Compal Broadband Networks, which you can use to evaluate the volatility of the firm. Please makes use of Compal Broadband's Mean Deviation of 1.77, downside deviation of 2.17, and Risk Adjusted Performance of 0.107 to double-check if our risk estimates are consistent with your expectations.
Compal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Compal |
Sharpe Ratio = 0.1211
| Best Portfolio | Best Equity | |||
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| Small Returns | 6674 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Compal Broadband is performing at about 9% 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 Compal Broadband by adding it to a well-diversified portfolio.
Compal Broadband Valuation on August 9, 2024
It is possible to determine the worth of Compal Broadband on a given historical date. On August 9, 2024 Compal was worth 23.95 at the beginning of the trading date compared to the closed value of 24.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Compal Broadband stock. Still, in general, we apply an absolute valuation method to find Compal Broadband'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 Compal Broadband where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Compal Broadband's related companies.
| Open | High | Low | Close | Volume | |
| 24.70 | 24.70 | 24.60 | 24.60 | 1,000.00 | |
08/09/2024 | 23.95 | 24.60 | 23.90 | 24.60 | 40,025 |
| 25.15 | 25.65 | 24.35 | 24.65 | 14,050 |
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Compal Broadband Trading Date Momentum on August 9, 2024
| On August 12 2024 Compal Broadband Networks was traded for 24.65 at the closing time. The highest price during the trading period was 25.65 and the lowest recorded bid was listed for 24.35 . The volume for the day was 14.1 K. This history from August 12, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.20% . The overall trading delta to the current price is 0.41% . |
Compal Broadband Networks Fundamentals Correlations and Trends
By evaluating Compal Broadband'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 Compal Broadband's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Compal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Compal Broadband Stock history
Compal Broadband 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 Compal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Compal Broadband Networks 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 Compal Broadband stock prices may prove useful in developing a viable investing in Compal Broadband
Compal Broadband Networks, Inc. provides networking, home security, and home entertainment products in Taiwan and internationally. The company was founded in 2009 and is based in Zhubei, Taiwan. COMPAL BROADBAND operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.
Compal Broadband Stock Technical Analysis
Compal Broadband 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
Compal Broadband Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Compal Broadband Networks 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.
Compal Broadband November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Compal Broadband stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Compal Broadband shares will generate the highest return on investment. By undertsting and applying Compal Broadband stock market strength indicators, traders can identify Compal Broadband Networks entry and exit signals to maximize returns
Compal Broadband Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Compal Broadband's price direction in advance. Along with the technical and fundamental analysis of Compal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Compal 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 | 0.107 | |||
| Jensen Alpha | 0.3804 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1021 | |||
| Treynor Ratio | (1.09) |
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Additional Tools for Compal Stock Analysis
When running Compal Broadband's price analysis, check to measure Compal Broadband'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 Compal Broadband is operating at the current time. Most of Compal Broadband's value examination focuses on studying past and present price action to predict the probability of Compal Broadband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compal Broadband's price. Additionally, you may evaluate how the addition of Compal Broadband to your portfolios can decrease your overall portfolio volatility.