Apex Biotechnology (Taiwan) Price on July 10, 2023

1733 Stock  TWD 28.50  0.15  0.53%   
If you're considering investing in Apex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Apex Biotechnology stands at 28.50, as last reported on the 24th of November, with the highest price reaching 28.75 and the lowest price hitting 28.35 during the day. Apex Biotechnology Corp secures Sharpe Ratio (or Efficiency) of -0.0636, which signifies that the company had a -0.0636% return per unit of standard deviation over the last 3 months. Apex Biotechnology Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Apex Biotechnology's mean deviation of 0.7111, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
Apex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0636

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Negative Returns1733

Estimated Market Risk

 0.98
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Apex Biotechnology 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 Apex Biotechnology by adding Apex Biotechnology to a well-diversified portfolio.

Apex Biotechnology Valuation on July 10, 2023

It is possible to determine the worth of Apex Biotechnology on a given historical date. On July 10, 2023 Apex was worth 27.3 at the beginning of the trading date compared to the closed value of 27.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Apex Biotechnology stock. Still, in general, we apply an absolute valuation method to find Apex Biotechnology'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 Apex Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Apex Biotechnology's related companies.
 Open High Low Close Volume
  27.30    27.60    27.20    27.45    280,236  
07/10/2023
  27.30    27.35    27.00    27.00    371,686  
  27.00    27.05    26.75    26.90    192,899  
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Open Value
27.3
27.0
Closing Value
30.24
Upside

Apex Biotechnology Trading Date Momentum on July 10, 2023

On July 11 2023 Apex Biotechnology Corp was traded for  26.90  at the closing time. The highest price during the trading period was 27.05  and the lowest recorded bid was listed for  26.75 . The volume for the day was 192.9 K. This history from July 11, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.37% . The overall trading delta to the current price is 0.56% .

Apex Biotechnology Corp Fundamentals Correlations and Trends

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

About Apex Biotechnology Stock history

Apex Biotechnology 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 Apex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Apex Biotechnology Corp 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 Apex Biotechnology stock prices may prove useful in developing a viable investing in Apex Biotechnology
Apex Biotechnology Corp. engages in the research, development, manufacture, and sale of medical devices by using biosensor technology worldwide. Apex Biotechnology Corp. was founded in 1997 and is headquartered in Hsinchu, Taiwan. APEX BIOTECHNOLOGY operates under Biotechnology classification in Taiwan and is traded on Taiwan Stock Exchange.

Apex Biotechnology Stock Technical Analysis

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

Apex Biotechnology Period Price Range

Low
November 24, 2024
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Apex Biotechnology Corp 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.

Apex Biotechnology November 24, 2024 Market Strength

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

Apex Biotechnology Technical and Predictive Indicators

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

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