Phison Electronics (Taiwan) Price on May 29, 2023

8299 Stock  TWD 461.50  12.00  2.67%   
If you're considering investing in Phison Stock, it is important to understand the factors that can impact its price. As of today, the current price of Phison Electronics stands at 461.50, as last reported on the 29th of November, with the highest price reaching 466.50 and the lowest price hitting 446.00 during the day. Phison Electronics maintains Sharpe Ratio (i.e., Efficiency) of -0.0764, which implies the firm had a -0.0764% return per unit of risk over the last 3 months. Phison Electronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phison Electronics' Risk Adjusted Performance of (0.08), coefficient of variation of (881.41), and Variance of 4.61 to confirm the risk estimate we provide.
  
Phison Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0764

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Estimated Market Risk

 2.2
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Phison Electronics 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 Phison Electronics by adding Phison Electronics to a well-diversified portfolio.

Phison Electronics Valuation on May 29, 2023

It is possible to determine the worth of Phison Electronics on a given historical date. On May 29, 2023 Phison was worth 392.09 at the beginning of the trading date compared to the closed value of 401.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Phison Electronics stock. Still, in general, we apply an absolute valuation method to find Phison Electronics' 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 Phison Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Phison Electronics' related companies.
 Open High Low Close Volume
  381.93    388.22    380.97    384.83    1,334,000  
05/29/2023
  392.09    406.11    392.09    401.75    4,124,000  
  399.34    407.07    395.95    402.24    2,248,000  
Backtest Phison Electronics  |  Phison Electronics History  |  Phison Electronics Valuation   PreviousNext  
Open Value
392.09
385.48
Downside
401.75
Closing Value
398.70
Upside

Phison Electronics Trading Date Momentum on May 29, 2023

On May 30 2023 Phison Electronics was traded for  402.24  at the closing time. The highest price during the trading period was 407.07  and the lowest recorded bid was listed for  395.95 . The volume for the day was 2.2 M. This history from May 30, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.12% . The trading delta at closing time to the current price is 1.69% .

Phison Electronics Fundamentals Correlations and Trends

By evaluating Phison Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Phison Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Phison financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Phison Electronics Stock history

Phison Electronics 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 Phison is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Phison Electronics 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 Phison Electronics stock prices may prove useful in developing a viable investing in Phison Electronics
Phison Electronics Corp. designs, produces, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally. Phison Electronics Corp. was founded in 2000 and is based in Hsinchu County, Taiwan. PHISON ELECTRONICS is traded on Taiwan OTC Exchange in Taiwan.

Phison Electronics Stock Technical Analysis

Phison Electronics 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.
A focus of Phison Electronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Phison Electronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Phison Electronics Period Price Range

Low
November 29, 2024
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Phison Electronics 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.

Phison Electronics November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Phison Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Phison Electronics shares will generate the highest return on investment. By undertsting and applying Phison Electronics stock market strength indicators, traders can identify Phison Electronics entry and exit signals to maximize returns

Phison Electronics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Phison Electronics' price direction in advance. Along with the technical and fundamental analysis of Phison Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Phison 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.

Additional Tools for Phison Stock Analysis

When running Phison Electronics' price analysis, check to measure Phison Electronics' 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 Phison Electronics is operating at the current time. Most of Phison Electronics' value examination focuses on studying past and present price action to predict the probability of Phison Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phison Electronics' price. Additionally, you may evaluate how the addition of Phison Electronics to your portfolios can decrease your overall portfolio volatility.