TWOWAY Communications (Taiwan) Price on May 8, 2024
| 8045 Stock | TWD 87.30 2.50 2.95% |
If you're considering investing in TWOWAY Stock, it is important to understand the factors that can impact its price. As of today, the current price of TWOWAY Communications stands at 87.30, as last reported on the 28th of November, with the highest price reaching 90.30 and the lowest price hitting 86.00 during the day. TWOWAY Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of standard deviation over the last 3 months. TWOWAY Communications exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TWOWAY Communications' variance of 8.98, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
TWOWAY Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TWOWAY |
Sharpe Ratio = -0.1462
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| Negative Returns | 8045 |
Estimated Market Risk
| 3.06 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TWOWAY Communications 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 TWOWAY Communications by adding TWOWAY Communications to a well-diversified portfolio.
TWOWAY Communications Valuation on May 8, 2024
It is possible to determine the worth of TWOWAY Communications on a given historical date. On May 8, 2024 TWOWAY was worth 127.39 at the beginning of the trading date compared to the closed value of 121.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TWOWAY Communications stock. Still, in general, we apply an absolute valuation method to find TWOWAY Communications' 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 TWOWAY Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TWOWAY Communications' related companies.
| Open | High | Low | Close | Volume | |
| 128.36 | 129.81 | 125.45 | 126.91 | 156,714 | |
05/08/2024 | 127.39 | 129.81 | 119.16 | 121.09 | 279,851 |
| 121.58 | 121.58 | 107.05 | 117.70 | 319,701 |
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TWOWAY Communications Trading Date Momentum on May 8, 2024
| On May 09 2024 TWOWAY Communications was traded for 117.70 at the closing time. The highest price during the trading period was 121.58 and the lowest recorded bid was listed for 107.05 . The volume for the day was 319.7 K. This history from May 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.80% . The trading price change to the current price is 2.80% . |
TWOWAY Communications Fundamentals Correlations and Trends
By evaluating TWOWAY Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TWOWAY Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TWOWAY financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TWOWAY Communications Stock history
TWOWAY Communications 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 TWOWAY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TWOWAY Communications 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 TWOWAY Communications stock prices may prove useful in developing a viable investing in TWOWAY Communications
TWOWAY Communications, Inc. develops, manufactures, and sells broadband network equipment in Taiwan and North America. TWOWAY Communications, Inc. was founded in 1992 and is based in New Taipei City, Taiwan. TWOWAY COMMUNICATIONS operates under Communication Equipment classification in Taiwan and is traded on Taiwan OTC Exchange.
TWOWAY Communications Stock Technical Analysis
TWOWAY Communications 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
TWOWAY Communications Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
TWOWAY Communications cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
TWOWAY Communications November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how TWOWAY Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TWOWAY Communications shares will generate the highest return on investment. By undertsting and applying TWOWAY Communications stock market strength indicators, traders can identify TWOWAY Communications entry and exit signals to maximize returns
TWOWAY Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TWOWAY Communications' price direction in advance. Along with the technical and fundamental analysis of TWOWAY Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TWOWAY 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 | (0.09) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | 1.36 |
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Additional Tools for TWOWAY Stock Analysis
When running TWOWAY Communications' price analysis, check to measure TWOWAY Communications' 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 TWOWAY Communications is operating at the current time. Most of TWOWAY Communications' value examination focuses on studying past and present price action to predict the probability of TWOWAY Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TWOWAY Communications' price. Additionally, you may evaluate how the addition of TWOWAY Communications to your portfolios can decrease your overall portfolio volatility.