Alcor Micro (Taiwan) Price on November 6, 2024
| 8054 Stock | TWD 115.50 1.00 0.86% |
If you're considering investing in Alcor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alcor Micro stands at 115.50, as last reported on the 29th of November, with the highest price reaching 116.50 and the lowest price hitting 112.50 during the day. Alcor Micro secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of standard deviation over the last 3 months. Alcor Micro exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alcor Micro's mean deviation of 1.91, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide.
Alcor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alcor |
Sharpe Ratio = -0.1829
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| Negative Returns | 8054 |
Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alcor Micro 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 Alcor Micro by adding Alcor Micro to a well-diversified portfolio.
Alcor Micro Valuation on November 6, 2024
It is possible to determine the worth of Alcor Micro on a given historical date. On November 6, 2024 Alcor was worth 133.0 at the beginning of the trading date compared to the closed value of 132.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alcor Micro stock. Still, in general, we apply an absolute valuation method to find Alcor Micro'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 Alcor Micro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alcor Micro's related companies.
| Open | High | Low | Close | Volume | |
| 132.00 | 136.00 | 132.00 | 132.50 | 990,501 | |
11/06/2024 | 133.00 | 134.00 | 131.50 | 132.50 | 722,326 |
| 134.00 | 137.50 | 133.50 | 134.00 | 832,469 |
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Alcor Micro Trading Date Momentum on November 6, 2024
| On November 07 2024 Alcor Micro was traded for 134.00 at the closing time. The highest price during the trading period was 137.50 and the lowest recorded bid was listed for 133.50 . The volume for the day was 832.5 K. This history from November 7, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.13% . The overall trading delta to the current price is 8.30% . |
Alcor Micro Fundamentals Correlations and Trends
By evaluating Alcor Micro'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 Alcor Micro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alcor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alcor Micro Stock history
Alcor Micro 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 Alcor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alcor Micro 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 Alcor Micro stock prices may prove useful in developing a viable investing in Alcor Micro
Alcor Micro Stock Technical Analysis
Alcor Micro 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
Alcor Micro Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Alcor Micro 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.
Alcor Micro November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Alcor Micro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alcor Micro shares will generate the highest return on investment. By undertsting and applying Alcor Micro stock market strength indicators, traders can identify Alcor Micro entry and exit signals to maximize returns
Alcor Micro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alcor Micro's price direction in advance. Along with the technical and fundamental analysis of Alcor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alcor 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 | (0.14) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.95) |
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Additional Tools for Alcor Stock Analysis
When running Alcor Micro's price analysis, check to measure Alcor Micro'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 Alcor Micro is operating at the current time. Most of Alcor Micro's value examination focuses on studying past and present price action to predict the probability of Alcor Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcor Micro's price. Additionally, you may evaluate how the addition of Alcor Micro to your portfolios can decrease your overall portfolio volatility.