Kinko Optical (Taiwan) Price on May 31, 2024
| 6209 Stock | TWD 25.85 0.45 1.71% |
If you're considering investing in Kinko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kinko Optical stands at 25.85, as last reported on the 5th of October, with the highest price reaching 26.80 and the lowest price hitting 25.25 during the day. Kinko Optical has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Kinko Optical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kinko Optical's Mean Deviation of 1.61, standard deviation of 2.37, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
Kinko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kinko |
Sharpe Ratio = -0.1337
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| Negative Returns | 6209 |
Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kinko Optical 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 Kinko Optical by adding Kinko Optical to a well-diversified portfolio.
Kinko Optical Valuation on May 31, 2024
It is possible to determine the worth of Kinko Optical on a given historical date. On May 31, 2024 Kinko was worth 33.9 at the beginning of the trading date compared to the closed value of 33.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kinko Optical stock. Still, in general, we apply an absolute valuation method to find Kinko Optical'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 Kinko Optical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kinko Optical's related companies.
| Open | High | Low | Close | Volume | |
| 35.30 | 35.90 | 33.25 | 33.35 | 43,534,509 | |
05/31/2024 | 33.90 | 34.30 | 32.50 | 33.00 | 11,085,715 |
| 33.55 | 33.55 | 32.35 | 32.65 | 5,538,153 |
| Backtest Kinko Optical | | | Kinko Optical History | | | Kinko Optical Valuation | Previous | Next |
Kinko Optical Trading Date Momentum on May 31, 2024
| On June 03 2024 Kinko Optical Co was traded for 32.65 at the closing time. The highest price during the trading period was 33.55 and the lowest recorded bid was listed for 32.35 . The volume for the day was 5.5 M. This history from June 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.06% . The trading delta at closing time to the current price is 4.55% . |
Kinko Optical Fundamentals Correlations and Trends
By evaluating Kinko Optical'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 Kinko Optical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kinko financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kinko Optical Stock history
Kinko Optical 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 Kinko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kinko Optical 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 Kinko Optical stock prices may prove useful in developing a viable investing in Kinko Optical
Kinko Optical Co., Ltd. designs, develops, produces, and sells optical components and optical lens worldwide. The company was founded in 1980 and is headquartered in Taichung, Taiwan. KINKO OPTICAL operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Kinko Optical Stock Technical Analysis
Kinko Optical 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
Kinko Optical Period Price Range
Low | October 5, 2024
| High |
0.00 | 0.00 |
Kinko Optical 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.
Kinko Optical October 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Kinko Optical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kinko Optical shares will generate the highest return on investment. By undertsting and applying Kinko Optical stock market strength indicators, traders can identify Kinko Optical Co entry and exit signals to maximize returns
Kinko Optical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kinko Optical's price direction in advance. Along with the technical and fundamental analysis of Kinko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kinko 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 | (0.07) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (16.85) |
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Additional Tools for Kinko Stock Analysis
When running Kinko Optical's price analysis, check to measure Kinko Optical'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 Kinko Optical is operating at the current time. Most of Kinko Optical's value examination focuses on studying past and present price action to predict the probability of Kinko Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinko Optical's price. Additionally, you may evaluate how the addition of Kinko Optical to your portfolios can decrease your overall portfolio volatility.