Merry Electronics (Taiwan) Price on August 26, 2024
| 2439 Stock | TWD 109.00 1.50 1.36% |
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 109.00, as last reported on the 24th of November, with the highest price reaching 110.50 and the lowest price hitting 109.00 during the day. Merry Electronics has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Merry Electronics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merry Electronics' Standard Deviation of 2.2, mean deviation of 1.69, and Risk Adjusted Performance of (0.1) 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.
Merry |
Sharpe Ratio = -0.1134
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| Negative Returns | 2439 |
Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 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 August 26, 2024
It is possible to determine the worth of Merry Electronics on a given historical date. On August 26, 2024 Merry was worth 133.32 at the beginning of the trading date compared to the closed value of 128.96. 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 | |
| 135.50 | 138.00 | 135.00 | 137.00 | 1,804,675 | |
08/26/2024 | 133.32 | 133.81 | 127.99 | 128.96 | 3,441,464 |
| 128.96 | 129.93 | 127.50 | 128.96 | 1,090,835 |
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Merry Electronics Trading Date Momentum on August 26, 2024
| On August 27 2024 Merry Electronics Co was traded for 128.96 at the closing time. The highest price during the trading period was 129.93 and the lowest recorded bid was listed for 127.50 . The volume for the day was 1.1 M. This history from August 27, 2024 did not cause price change. The trading delta at closing time to the current price is 4.68% . |
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.
Price Boundaries
Merry Electronics Period Price Range
Low | November 24, 2024
| 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 24, 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.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | 1.92 |
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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.