Newretail (Taiwan) Price on November 6, 2024
| 3085 Stock | TWD 23.20 0.00 0.00% |
If you're considering investing in Newretail Stock, it is important to understand the factors that can impact its price. As of today, the current price of Newretail stands at 23.20, as last reported on the 28th of January, with the highest price reaching 23.20 and the lowest price hitting 23.20 during the day. Newretail appears to be not too volatile, given 3 months investment horizon. Newretail has Sharpe Ratio of 0.0887, which conveys that the firm had a 0.0887 % return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Newretail, which you can use to evaluate the volatility of the firm. Please exercise Newretail's Mean Deviation of 2.08, risk adjusted performance of 0.0512, and Downside Deviation of 4.09 to check out if our risk estimates are consistent with your expectations.
Newretail Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Newretail |
Sharpe Ratio = 0.0887
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 3085 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Newretail is performing at about 6% 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 Newretail by adding it to a well-diversified portfolio.
Newretail Valuation on November 6, 2024
It is possible to determine the worth of Newretail on a given historical date. On November 6, 2024 Newretail was worth 20.65 at the beginning of the trading date compared to the closed value of 20.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newretail stock. Still, in general, we apply an absolute valuation method to find Newretail'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 Newretail where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newretail's related companies.
| Open | High | Low | Close | Volume | |
| 20.20 | 20.70 | 19.80 | 20.70 | 10,498 | |
11/06/2024 | 20.65 | 20.70 | 20.10 | 20.10 | 6,638 |
| 20.00 | 20.00 | 19.90 | 19.90 | 7,000 |
| Backtest Newretail | | | Newretail History | | | Newretail Valuation | Previous | Next |
Newretail Trading Date Momentum on November 6, 2024
| On November 07 2024 Newretail Co was traded for 19.90 at the closing time. The highest price during the trading period was 20.00 and the lowest recorded bid was listed for 19.90 . The volume for the day was 7 K. This history from November 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.00% . The trading delta at closing time to the current price is 30.85% . |
Newretail Fundamentals Correlations and Trends
By evaluating Newretail'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 Newretail's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newretail financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newretail Stock history
Newretail 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 Newretail is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newretail 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 Newretail stock prices may prove useful in developing a viable investing in Newretail
Newretail Stock Technical Analysis
Newretail 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
Newretail Period Price Range
Low | January 28, 2025
| High |
0.00 | 0.00 |
Newretail Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
Newretail January 28, 2025 Market Strength
Market strength indicators help investors to evaluate how Newretail stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newretail shares will generate the highest return on investment. By undertsting and applying Newretail stock market strength indicators, traders can identify Newretail Co entry and exit signals to maximize returns
Newretail Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newretail's price direction in advance. Along with the technical and fundamental analysis of Newretail Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newretail 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 | 0.0512 | |||
| Jensen Alpha | 0.1877 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0272 | |||
| Treynor Ratio | (0.44) |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Newretail Stock Analysis
When running Newretail's price analysis, check to measure Newretail'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 Newretail is operating at the current time. Most of Newretail's value examination focuses on studying past and present price action to predict the probability of Newretail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newretail's price. Additionally, you may evaluate how the addition of Newretail to your portfolios can decrease your overall portfolio volatility.