Jmicron Technology (Taiwan) Price on January 31, 2024
| 4925 Stock | TWD 62.50 0.20 0.32% |
If you're considering investing in Jmicron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jmicron Technology stands at 62.50, as last reported on the 24th of May, with the highest price reaching 63.00 and the lowest price hitting 61.80 during the day. Jmicron Technology holds Efficiency (Sharpe) Ratio of -0.25, which attests that the entity had a -0.25% return per unit of risk over the last 3 months. Jmicron Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jmicron Technology's Standard Deviation of 1.88, risk adjusted performance of (0.14), and Market Risk Adjusted Performance of 0.6979 to validate the risk estimate we provide.
Jmicron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jmicron |
Sharpe Ratio = -0.2451
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| Negative Returns | 4925 |
Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jmicron Technology 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 Jmicron Technology by adding Jmicron Technology to a well-diversified portfolio.
Jmicron Technology Valuation on January 31, 2024
It is possible to determine the worth of Jmicron Technology on a given historical date. On January 31, 2024 Jmicron was worth 62.0 at the beginning of the trading date compared to the closed value of 65.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jmicron Technology stock. Still, in general, we apply an absolute valuation method to find Jmicron Technology'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 Jmicron Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jmicron Technology's related companies.
| Open | High | Low | Close | Volume | |
| 67.20 | 67.80 | 58.50 | 63.30 | 989,238 | |
01/31/2024 | 62.00 | 65.30 | 60.70 | 65.00 | 147,212 |
| 65.00 | 65.60 | 64.10 | 65.00 | 78,581 |
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Jmicron Technology Trading Date Momentum on January 31, 2024
| On February 01 2024 Jmicron Technology was traded for 65.00 at the closing time. The highest price during the trading period was 65.60 and the lowest recorded bid was listed for 64.10 . The volume for the day was 78.6 K. This history from February 1, 2024 did not cause price change. The trading delta at closing time to the current price is 5.23% . |
Jmicron Technology Fundamentals Correlations and Trends
By evaluating Jmicron Technology'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 Jmicron Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jmicron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jmicron Technology Stock history
Jmicron Technology 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 Jmicron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jmicron Technology 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 Jmicron Technology stock prices may prove useful in developing a viable investing in Jmicron Technology
Jmicron Technology Stock Technical Analysis
Jmicron Technology 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
Jmicron Technology Period Price Range
Low | January 31, 2024
| High |
62.00 | 65.00 |
Jmicron Technology May 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Jmicron Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jmicron Technology shares will generate the highest return on investment. By undertsting and applying Jmicron Technology stock market strength indicators, traders can identify Jmicron Technology entry and exit signals to maximize returns
Jmicron Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jmicron Technology's price direction in advance. Along with the technical and fundamental analysis of Jmicron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jmicron 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 | (0.44) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 0.6879 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jmicron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Jmicron Stock analysis
When running Jmicron Technology's price analysis, check to measure Jmicron Technology'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 Jmicron Technology is operating at the current time. Most of Jmicron Technology's value examination focuses on studying past and present price action to predict the probability of Jmicron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jmicron Technology's price. Additionally, you may evaluate how the addition of Jmicron Technology to your portfolios can decrease your overall portfolio volatility.
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