Level Biotechnology (Taiwan) Price on January 31, 2023
3118 Stock | TWD 32.20 0.10 0.31% |
If you're considering investing in Level Stock, it is important to understand the factors that can impact its price. As of today, the current price of Level Biotechnology stands at 32.20, as last reported on the 1st of December, with the highest price reaching 32.20 and the lowest price hitting 31.95 during the day. Level Biotechnology has Sharpe Ratio of -0.0549, which conveys that the firm had a -0.0549% return per unit of risk over the last 3 months. Level Biotechnology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Level Biotechnology's Mean Deviation of 0.4843, standard deviation of 0.6895, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
Level Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Level |
Sharpe Ratio = -0.0549
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 3118 |
Estimated Market Risk
0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Level Biotechnology 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 Level Biotechnology by adding Level Biotechnology to a well-diversified portfolio.
Level Biotechnology Valuation on January 31, 2023
It is possible to determine the worth of Level Biotechnology on a given historical date. On January 31, 2023 Level was worth 26.56 at the beginning of the trading date compared to the closed value of 26.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Level Biotechnology stock. Still, in general, we apply an absolute valuation method to find Level Biotechnology'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 Level Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Level Biotechnology's related companies.
Open | High | Low | Close | Volume | |
26.18 | 26.56 | 26.18 | 26.56 | 9,267 | |
01/31/2023 | 26.56 | 26.56 | 26.56 | 26.56 | 1,102 |
26.89 | 27.60 | 26.32 | 26.79 | 51,651 |
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Level Biotechnology Trading Date Momentum on January 31, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Level Biotechnology Fundamentals Correlations and Trends
By evaluating Level Biotechnology'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 Level Biotechnology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Level financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Level Biotechnology Stock history
Level Biotechnology 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 Level is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Level Biotechnology 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 Level Biotechnology stock prices may prove useful in developing a viable investing in Level Biotechnology
Level Biotechnology Inc. markets and distributes cell culture, immunology, molecular biology products and biomedical precision equipment in Taiwan. The company was founded in 1989 and is headquartered in New Taipei City, Taiwan. LEVEL BIOTECHNOLOGY operates under Biotechnology classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 122 people.
Level Biotechnology Stock Technical Analysis
Level Biotechnology 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
Level Biotechnology Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Level Biotechnology 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.
Level Biotechnology December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Level Biotechnology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Level Biotechnology shares will generate the highest return on investment. By undertsting and applying Level Biotechnology stock market strength indicators, traders can identify Level Biotechnology entry and exit signals to maximize returns
Level Biotechnology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Level Biotechnology's price direction in advance. Along with the technical and fundamental analysis of Level Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Level 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 | (0.03) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | (0.29) |
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Additional Tools for Level Stock Analysis
When running Level Biotechnology's price analysis, check to measure Level Biotechnology'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 Level Biotechnology is operating at the current time. Most of Level Biotechnology's value examination focuses on studying past and present price action to predict the probability of Level Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Level Biotechnology's price. Additionally, you may evaluate how the addition of Level Biotechnology to your portfolios can decrease your overall portfolio volatility.