Powerchip Semiconductor (Taiwan) Price on February 29, 2024
6770 Stock | 16.70 0.10 0.60% |
If you're considering investing in Powerchip Stock, it is important to understand the factors that can impact its price. As of today, the current price of Powerchip Semiconductor stands at 16.70, as last reported on the 11th of December 2024, with the highest price reaching 17.20 and the lowest price hitting 16.65 during the day. Powerchip Semiconductor maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. Powerchip Semiconductor exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Powerchip Semiconductor's Coefficient Of Variation of (627.19), variance of 3.09, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide.
Powerchip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Powerchip |
Sharpe Ratio = -0.1724
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Estimated Market Risk
1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Powerchip Semiconductor 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 Powerchip Semiconductor by adding Powerchip Semiconductor to a well-diversified portfolio.
Powerchip Semiconductor Valuation on February 29, 2024
It is possible to determine the worth of Powerchip Semiconductor on a given historical date. On February 29, 2024 Powerchip was worth 26.6 at the beginning of the trading date compared to the closed value of 27.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Powerchip Semiconductor stock. Still, in general, we apply an absolute valuation method to find Powerchip Semiconductor'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 Powerchip Semiconductor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Powerchip Semiconductor's related companies.
Open | High | Low | Close | Volume | |
26.75 | 27.20 | 26.50 | 26.60 | 16,934,524 | |
02/29/2024 | 26.60 | 27.60 | 26.25 | 27.60 | 25,815,865 |
27.25 | 27.40 | 26.90 | 26.90 | 17,115,173 |
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Powerchip Semiconductor Trading Date Momentum on February 29, 2024
On March 01 2024 Powerchip Semiconductor Manufacturing was traded for 26.90 at the closing time. The highest price during the trading period was 27.40 and the lowest recorded bid was listed for 26.90 . The volume for the day was 17.1 M. This history from March 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.54% . The trading delta at closing time to the current price is 1.99% . |
Powerchip Semiconductor Fundamentals Correlations and Trends
By evaluating Powerchip Semiconductor'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 Powerchip Semiconductor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Powerchip financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Powerchip Semiconductor Stock history
Powerchip Semiconductor 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 Powerchip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Powerchip Semiconductor 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 Powerchip Semiconductor stock prices may prove useful in developing a viable investing in Powerchip Semiconductor
Powerchip Semiconductor Stock Technical Analysis
Powerchip Semiconductor 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
Powerchip Semiconductor Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Powerchip Semiconductor Manufacturing 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.
Powerchip Semiconductor December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Powerchip Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Powerchip Semiconductor shares will generate the highest return on investment. By undertsting and applying Powerchip Semiconductor stock market strength indicators, traders can identify Powerchip Semiconductor Manufacturing entry and exit signals to maximize returns
Powerchip Semiconductor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Powerchip Semiconductor's price direction in advance. Along with the technical and fundamental analysis of Powerchip Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Powerchip 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 | (0.11) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.57) | |||
Treynor Ratio | (0.47) |
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Additional Tools for Powerchip Stock Analysis
When running Powerchip Semiconductor's price analysis, check to measure Powerchip Semiconductor'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 Powerchip Semiconductor is operating at the current time. Most of Powerchip Semiconductor's value examination focuses on studying past and present price action to predict the probability of Powerchip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Powerchip Semiconductor's price. Additionally, you may evaluate how the addition of Powerchip Semiconductor to your portfolios can decrease your overall portfolio volatility.