Topoint Technology (Taiwan) Price on December 4, 2024
8021 Stock | TWD 33.10 0.40 1.22% |
If you're considering investing in Topoint Stock, it is important to understand the factors that can impact its price. As of today, the current price of Topoint Technology stands at 33.10, as last reported on the 4th of December, with the highest price reaching 33.35 and the lowest price hitting 32.90 during the day. Topoint Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0585, which indicates the firm had a -0.0585% return per unit of risk over the last 3 months. Topoint Technology Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Topoint Technology's Variance of 6.01, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,432) to confirm the risk estimate we provide.
Topoint Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Topoint |
Sharpe Ratio = -0.0585
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Negative Returns | 8021 |
Estimated Market Risk
2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Topoint Technology 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 Topoint Technology by adding Topoint Technology to a well-diversified portfolio.
Topoint Technology Valuation on December 4, 2024
It is possible to determine the worth of Topoint Technology on a given historical date. On December 4, 2024 Topoint was worth 32.9 at the beginning of the trading date compared to the closed value of 33.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Topoint Technology stock. Still, in general, we apply an absolute valuation method to find Topoint Technology'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 Topoint Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Topoint Technology's related companies.
Open | High | Low | Close | Volume | |
32.90 | 33.35 | 32.90 | 33.10 | 330,257 | |
12/04/2024 | 32.90 | 33.35 | 32.90 | 33.10 | 0.00 |
Backtest Topoint Technology | | | Topoint Technology History | | | Topoint Technology Valuation | Previous |
Topoint Technology Trading Date Momentum on December 4, 2024
On December 04 2024 Topoint Technology Co was traded for 33.10 at the closing time. The highest price during the trading period was 33.35 and the lowest recorded bid was listed for 32.90 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.60% . |
Topoint Technology Fundamentals Correlations and Trends
By evaluating Topoint Technology'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 Topoint Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Topoint financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Topoint Technology Stock history
Topoint Technology 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 Topoint is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Topoint 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 Topoint Technology stock prices may prove useful in developing a viable investing in Topoint Technology
Topoint Technology Co., Ltd., together with its subsidiaries, manufactures and sells micro-drills, numerically controlled drilling machines, and peripheral equipment for printed circuit boards in Taiwan, Mainland China, and internationally. Topoint Technology Co., Ltd. was founded in 1996 and is headquartered in New Taipei City, Taiwan. TOPOINT TECHNOLOGY operates under Tools Accessories classification in Taiwan and is traded on Taiwan Stock Exchange.
Topoint Technology Stock Technical Analysis
Topoint Technology 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
Topoint Technology Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Topoint Technology Co 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.
Topoint Technology December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Topoint Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Topoint Technology shares will generate the highest return on investment. By undertsting and applying Topoint Technology stock market strength indicators, traders can identify Topoint Technology Co entry and exit signals to maximize returns
Topoint Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Topoint Technology's price direction in advance. Along with the technical and fundamental analysis of Topoint Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Topoint 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 | (0.05) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | 1.73 |
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Additional Tools for Topoint Stock Analysis
When running Topoint Technology's price analysis, check to measure Topoint Technology'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 Topoint Technology is operating at the current time. Most of Topoint Technology's value examination focuses on studying past and present price action to predict the probability of Topoint Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topoint Technology's price. Additionally, you may evaluate how the addition of Topoint Technology to your portfolios can decrease your overall portfolio volatility.