TOPBI International (Taiwan) Price on March 13, 2023
| 2929 Stock | TWD 15.05 1.35 9.85% |
If you're considering investing in TOPBI Stock, it is important to understand the factors that can impact its price. As of today, the current price of TOPBI International stands at 15.05, as last reported on the 1st of December, with the highest price reaching 15.05 and the lowest price hitting 13.60 during the day. TOPBI International appears to be somewhat reliable, given 3 months investment horizon. TOPBI International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of standard deviation over the last 3 months. By evaluating TOPBI International's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please review TOPBI International's coefficient of variation of 457.02, and Risk Adjusted Performance of 0.1754 to confirm if our risk estimates are consistent with your expectations.
TOPBI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TOPBI |
Sharpe Ratio = 0.2232
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 2929 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.18 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average TOPBI International is performing at about 17% of its full potential. 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 TOPBI International by adding it to a well-diversified portfolio.
TOPBI International Valuation on March 13, 2023
It is possible to determine the worth of TOPBI International on a given historical date. On March 13, 2023 TOPBI was worth 14.65 at the beginning of the trading date compared to the closed value of 14.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TOPBI International stock. Still, in general, we apply an absolute valuation method to find TOPBI International'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 TOPBI International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TOPBI International's related companies.
| Open | High | Low | Close | Volume | |
| 16.00 | 17.10 | 14.95 | 14.95 | 34,183,221 | |
03/13/2023 | 14.65 | 14.65 | 13.70 | 14.60 | 4,605,776 |
| 14.55 | 14.55 | 13.95 | 14.25 | 2,257,820 |
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TOPBI International Trading Date Momentum on March 13, 2023
| On March 14 2023 TOPBI International Holdings was traded for 14.25 at the closing time. The highest price during the trading period was 14.55 and the lowest recorded bid was listed for 13.95 . The volume for the day was 2.3 M. This history from March 14, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.40% . The trading price change to the current price is 4.79% . |
TOPBI International Fundamentals Correlations and Trends
By evaluating TOPBI International'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 TOPBI International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TOPBI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TOPBI International Stock history
TOPBI International 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 TOPBI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TOPBI International 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 TOPBI International stock prices may prove useful in developing a viable investing in TOPBI International
Topbi International Holdings Limited designs sells childrens clothing from 1 to 16 years old. The company was founded in 2002 and is based in Taipei, Taiwan. TOPBI INTERNATIONAL is traded on Taiwan Stock Exchange in Taiwan.
TOPBI International Stock Technical Analysis
TOPBI International 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
TOPBI International Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
TOPBI International Holdings 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.
TOPBI International December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how TOPBI International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TOPBI International shares will generate the highest return on investment. By undertsting and applying TOPBI International stock market strength indicators, traders can identify TOPBI International Holdings entry and exit signals to maximize returns
TOPBI International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TOPBI International's price direction in advance. Along with the technical and fundamental analysis of TOPBI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TOPBI 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 | 0.1754 | |||
| Jensen Alpha | 0.875 | |||
| Total Risk Alpha | 0.2042 | |||
| Sortino Ratio | 0.2444 | |||
| Treynor Ratio | 6.25 |
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| Volume Indicators |
Additional Tools for TOPBI Stock Analysis
When running TOPBI International's price analysis, check to measure TOPBI International'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 TOPBI International is operating at the current time. Most of TOPBI International's value examination focuses on studying past and present price action to predict the probability of TOPBI International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOPBI International's price. Additionally, you may evaluate how the addition of TOPBI International to your portfolios can decrease your overall portfolio volatility.