Advanced International (Taiwan) Price on August 19, 2024

8938 Stock  TWD 75.40  0.30  0.40%   
If you're considering investing in Advanced Stock, it is important to understand the factors that can impact its price. As of today, the current price of Advanced International stands at 75.40, as last reported on the 24th of November, with the highest price reaching 75.50 and the lowest price hitting 74.70 during the day. Advanced International secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the company had a -0.24% return per unit of risk over the last 3 months. Advanced International Multitech exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advanced International's Risk Adjusted Performance of (0.19), standard deviation of 0.6015, and Mean Deviation of 0.4435 to double-check the risk estimate we provide.
  
Advanced Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2419

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Negative Returns8938

Estimated Market Risk

 0.6
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.24
  actual daily
0
Most of other assets perform better
Based on monthly moving average Advanced International 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 Advanced International by adding Advanced International to a well-diversified portfolio.

Advanced International Valuation on August 19, 2024

It is possible to determine the worth of Advanced International on a given historical date. On August 19, 2024 Advanced was worth 84.3 at the beginning of the trading date compared to the closed value of 84.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advanced International stock. Still, in general, we apply an absolute valuation method to find Advanced International'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 Advanced International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advanced International's related companies.
 Open High Low Close Volume
  84.90    85.30    84.10    84.30    238,649  
08/19/2024
  84.30    84.50    83.90    84.10    100,217  
  84.30    84.30    83.50    83.60    156,749  
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Open Value
84.3
84.1
Closing Value
86.09
Upside

Advanced International Trading Date Momentum on August 19, 2024

On August 20 2024 Advanced International Multitech was traded for  83.60  at the closing time. The highest price during the trading period was 84.30  and the lowest recorded bid was listed for  83.50 . The volume for the day was 156.7 K. This history from August 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.59% . The overall trading delta to the current price is 1.19% .

Advanced International Fundamentals Correlations and Trends

By evaluating Advanced International'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 Advanced International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advanced financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Advanced International Stock history

Advanced International 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 Advanced is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advanced International 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 Advanced International stock prices may prove useful in developing a viable investing in Advanced International
Advanced International Multitech Co., Ltd. manufactures and sells golf club heads, shafts, golf club sets, golf balls, carbon fiber components, aviation products, and composite materials worldwide. Advanced International Multitech Co., Ltd. was founded in 1987 and is headquartered in Kaohsiung, Taiwan. ADVANCED INTERNATIONAL is traded on Taiwan OTC Exchange in Taiwan.

Advanced International Stock Technical Analysis

Advanced International 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 Advanced International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Advanced International 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

Advanced International Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Advanced International Multitech 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.

Advanced International November 24, 2024 Market Strength

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

Advanced International Technical and Predictive Indicators

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

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