Chenbro Micom (Taiwan) Price on March 1, 2023
| 8210 Stock | TWD 298.00 3.00 1.02% |
If you're considering investing in Chenbro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chenbro Micom stands at 298.00, as last reported on the 4th of December, with the highest price reaching 298.50 and the lowest price hitting 294.50 during the day. At this stage we consider Chenbro Stock to be very steady. Chenbro Micom secures Sharpe Ratio (or Efficiency) of 0.0848, which signifies that the company had a 0.0848% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Chenbro Micom Co, which you can use to evaluate the volatility of the firm. Please confirm Chenbro Micom's risk adjusted performance of 0.0289, and Mean Deviation of 1.74 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Chenbro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chenbro |
Sharpe Ratio = 0.0848
| Best Portfolio | Best Equity | |||
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| Small Returns | 8210 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Chenbro Micom is performing at about 6% 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 Chenbro Micom by adding it to a well-diversified portfolio.
Chenbro Micom Valuation on March 1, 2023
It is possible to determine the worth of Chenbro Micom on a given historical date. On March 1, 2023 Chenbro was worth 89.7 at the beginning of the trading date compared to the closed value of 90.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chenbro Micom stock. Still, in general, we apply an absolute valuation method to find Chenbro Micom'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 Chenbro Micom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chenbro Micom's related companies.
| Open | High | Low | Close | Volume | |
| 87.90 | 89.40 | 87.20 | 88.80 | 3,148,262 | |
03/01/2023 | 89.70 | 91.30 | 88.20 | 90.80 | 2,650,700 |
| 90.40 | 91.60 | 88.90 | 89.10 | 910,042 |
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Chenbro Micom Trading Date Momentum on March 1, 2023
| On March 02 2023 Chenbro Micom Co was traded for 89.10 at the closing time. The highest price during the trading period was 91.60 and the lowest recorded bid was listed for 88.90 . The volume for the day was 910 K. This history from March 2, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.87% . The overall trading delta to the current price is 4.07% . |
Chenbro Micom Fundamentals Correlations and Trends
By evaluating Chenbro Micom'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 Chenbro Micom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chenbro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chenbro Micom Stock history
Chenbro Micom 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 Chenbro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chenbro Micom 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 Chenbro Micom stock prices may prove useful in developing a viable investing in Chenbro Micom
Chenbro Micom Co., Ltd. engages in the design, manufacture, processing, and trading of computer peripherals and systems. The company was founded in 1983 and is headquartered in New Taipei City, Taiwan. CHENBRO MICOM operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange.
Chenbro Micom Stock Technical Analysis
Chenbro Micom 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
Chenbro Micom Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Chenbro Micom 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.
Chenbro Micom December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Chenbro Micom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chenbro Micom shares will generate the highest return on investment. By undertsting and applying Chenbro Micom stock market strength indicators, traders can identify Chenbro Micom Co entry and exit signals to maximize returns
Chenbro Micom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chenbro Micom's price direction in advance. Along with the technical and fundamental analysis of Chenbro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chenbro 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 | 0.0289 | |||
| Jensen Alpha | 0.064 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (2.35) |
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| Volume Indicators |
Additional Tools for Chenbro Stock Analysis
When running Chenbro Micom's price analysis, check to measure Chenbro Micom'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 Chenbro Micom is operating at the current time. Most of Chenbro Micom's value examination focuses on studying past and present price action to predict the probability of Chenbro Micom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chenbro Micom's price. Additionally, you may evaluate how the addition of Chenbro Micom to your portfolios can decrease your overall portfolio volatility.