Phison Electronics (Taiwan) Price on November 8, 2023
8299 Stock | TWD 452.50 6.50 1.46% |
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 452.50, as last reported on the 11th of December 2024, with the highest price reaching 462.50 and the lowest price hitting 452.50 during the day. Phison Electronics maintains Sharpe Ratio (i.e., Efficiency) of -0.0835, which implies the firm had a -0.0835% return per unit of risk over the last 3 months. Phison Electronics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phison Electronics' Variance of 4.33, risk adjusted performance of (0.03), and Coefficient Of Variation of (1,792) 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.
Phison |
Sharpe Ratio = -0.0835
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Estimated Market Risk
2.03 actual daily | 18 82% 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 November 8, 2023
It is possible to determine the worth of Phison Electronics on a given historical date. On November 8, 2023 Phison was worth 467.17 at the beginning of the trading date compared to the closed value of 459.35. 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 | |
479.38 | 486.71 | 476.94 | 485.74 | 2,272,000 | |
11/08/2023 | 467.17 | 467.66 | 449.58 | 459.35 | 9,556,000 |
459.35 | 475.96 | 459.35 | 474.50 | 4,990,000 |
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Phison Electronics Trading Date Momentum on November 8, 2023
On November 09 2023 Phison Electronics was traded for 474.50 at the closing time. The highest price during the trading period was 475.96 and the lowest recorded bid was listed for 459.35 . The volume for the day was 5 M. This history from November 9, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 3.30% . The trading delta at closing time to the current price is 2.13% . |
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.
Price Boundaries
Phison Electronics Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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 December 11, 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.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | 0.946 |
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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.