Radium Life (Taiwan) Price on October 19, 2023
2547 Stock | TWD 10.60 0.10 0.93% |
If you're considering investing in Radium Stock, it is important to understand the factors that can impact its price. As of today, the current price of Radium Life stands at 10.60, as last reported on the 1st of December, with the highest price reaching 10.80 and the lowest price hitting 10.55 during the day. Radium Life Tech maintains Sharpe Ratio (i.e., Efficiency) of -0.006, which implies the firm had a -0.006% return per unit of risk over the last 3 months. Radium Life Tech exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Radium Life's Risk Adjusted Performance of 0.0101, semi deviation of 1.5, and Coefficient Of Variation of 18631.81 to confirm the risk estimate we provide.
Radium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Radium |
Sharpe Ratio = -0.006
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Negative Returns | 2547 |
Estimated Market Risk
1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Radium Life 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 Radium Life by adding Radium Life to a well-diversified portfolio.
Radium Life Valuation on October 19, 2023
It is possible to determine the worth of Radium Life on a given historical date. On October 19, 2023 Radium was worth 8.67 at the beginning of the trading date compared to the closed value of 8.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Radium Life stock. Still, in general, we apply an absolute valuation method to find Radium Life'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 Radium Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Radium Life's related companies.
Open | High | Low | Close | Volume | |
8.74 | 8.74 | 8.63 | 8.68 | 200,368 | |
10/19/2023 | 8.67 | 8.69 | 8.65 | 8.68 | 138,847 |
8.68 | 8.68 | 8.55 | 8.62 | 326,905 |
Backtest Radium Life | | | Radium Life History | | | Radium Life Valuation | Previous | Next |
Radium Life Trading Date Momentum on October 19, 2023
On October 20 2023 Radium Life Tech was traded for 8.62 at the closing time. The highest price during the trading period was 8.68 and the lowest recorded bid was listed for 8.55 . The volume for the day was 326.9 K. This history from October 20, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.69% . The trading delta at closing time to the current price is 0.92% . |
Radium Life Tech Fundamentals Correlations and Trends
By evaluating Radium Life'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 Radium Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Radium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Radium Life Stock history
Radium Life 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 Radium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Radium Life Tech 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 Radium Life stock prices may prove useful in developing a viable investing in Radium Life
Radium Life Technology Co., Ltd. develops real estate projects in Taiwan. Radium Life Technology Co., Ltd. was founded in 1980 and is based in Taipei City, Taiwan. RADIUM LIFE operates under Real Estate Services classification in Taiwan and is traded on Taiwan Stock Exchange.
Radium Life Stock Technical Analysis
Radium Life 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
Radium Life Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Radium Life Tech 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.
Radium Life December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Radium Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Radium Life shares will generate the highest return on investment. By undertsting and applying Radium Life stock market strength indicators, traders can identify Radium Life Tech entry and exit signals to maximize returns
Radium Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Radium Life's price direction in advance. Along with the technical and fundamental analysis of Radium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Radium 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 | 0.0101 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.32) | |||
Sortino Ratio | (0.08) | |||
Treynor Ratio | 4.0E-4 |
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Additional Tools for Radium Stock Analysis
When running Radium Life's price analysis, check to measure Radium Life'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 Radium Life is operating at the current time. Most of Radium Life's value examination focuses on studying past and present price action to predict the probability of Radium Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radium Life's price. Additionally, you may evaluate how the addition of Radium Life to your portfolios can decrease your overall portfolio volatility.