Merry Electronics (Taiwan) Price on June 7, 2023

2439 Stock  TWD 104.50  5.00  4.57%   
If you're considering investing in Merry Stock, it is important to understand the factors that can impact its price. As of today, the current price of Merry Electronics stands at 104.50, as last reported on the 28th of November, with the highest price reaching 110.50 and the lowest price hitting 104.50 during the day. Merry Electronics has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Merry Electronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merry Electronics' Mean Deviation of 1.68, standard deviation of 2.2, and Risk Adjusted Performance of (0.10) to check out the risk estimate we provide.
  
Merry Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1895

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Estimated Market Risk

 2.15
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.41
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Merry 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 Merry Electronics by adding Merry Electronics to a well-diversified portfolio.

Merry Electronics Valuation on June 7, 2023

It is possible to determine the worth of Merry Electronics on a given historical date. On June 7, 2023 Merry was worth 92.5 at the beginning of the trading date compared to the closed value of 92.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merry Electronics stock. Still, in general, we apply an absolute valuation method to find Merry 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 Merry Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merry Electronics' related companies.
 Open High Low Close Volume
  91.90    93.00    90.80    91.80    1,523,773  
06/07/2023
  92.50    92.90    92.00    92.70    1,029,003  
  92.90    93.20    92.10    92.10    944,160  
Backtest Merry Electronics  |  Merry Electronics History  |  Merry Electronics Valuation   PreviousNext  
Open Value
92.5
92.7
Closing Value
98.94
Upside

Merry Electronics Trading Date Momentum on June 7, 2023

On June 08 2023 Merry Electronics Co was traded for  92.10  at the closing time. The highest price during the trading period was 93.20  and the lowest recorded bid was listed for  92.10 . The volume for the day was 944.2 K. This history from June 8, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.65% . The trading delta at closing time to the current price is 1.73% .

Merry Electronics Fundamentals Correlations and Trends

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

About Merry Electronics Stock history

Merry 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 Merry is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Merry 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 Merry Electronics stock prices may prove useful in developing a viable investing in Merry Electronics
Merry Electronics Co., Ltd. designs and manufactures electroacoustic, wireless, and battery products primarily in China, the United States, Switzerland, Denmark, Netherlands, and internationally. The company was founded in 1975 and is headquartered in Taichung, Taiwan. MERRY ELECTRONICS operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 7689 people.

Merry Electronics Stock Technical Analysis

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

Merry Electronics Period Price Range

Low
November 28, 2024
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High

 0.00 

     

 0.00 

Merry Electronics 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.

Merry Electronics November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Merry 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 Merry Electronics shares will generate the highest return on investment. By undertsting and applying Merry Electronics stock market strength indicators, traders can identify Merry Electronics Co entry and exit signals to maximize returns

Merry Electronics Technical and Predictive Indicators

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

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