Niching Industrial (Taiwan) Price on November 12, 2024
| 3444 Stock | TWD 85.50 1.10 1.30% |
If you're considering investing in Niching Stock, it is important to understand the factors that can impact its price. As of today, the current price of Niching Industrial stands at 85.50, as last reported on the 1st of December, with the highest price reaching 85.60 and the lowest price hitting 83.70 during the day. Niching Industrial has Sharpe Ratio of -0.0472, which conveys that the firm had a -0.0472% return per unit of risk over the last 3 months. Niching Industrial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Niching Industrial's Risk Adjusted Performance of (0.04), standard deviation of 1.96, and Mean Deviation of 1.31 to check out the risk estimate we provide.
Niching Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Niching |
Sharpe Ratio = -0.0472
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3444 |
Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.09 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 Niching Industrial 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 Niching Industrial by adding Niching Industrial to a well-diversified portfolio.
Niching Industrial Valuation on November 12, 2024
It is possible to determine the worth of Niching Industrial on a given historical date. On November 12, 2024 Niching was worth 80.0 at the beginning of the trading date compared to the closed value of 80.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Niching Industrial stock. Still, in general, we apply an absolute valuation method to find Niching Industrial'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 Niching Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Niching Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 77.70 | 79.90 | 77.30 | 79.90 | 271,133 | |
11/12/2024 | 80.00 | 80.60 | 78.80 | 80.40 | 207,775 |
| 80.40 | 80.70 | 78.40 | 80.40 | 682,210 |
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Niching Industrial Trading Date Momentum on November 12, 2024
| On November 13 2024 Niching Industrial was traded for 80.40 at the closing time. The highest price during the trading period was 80.70 and the lowest recorded bid was listed for 78.40 . The volume for the day was 682.2 K. This history from November 13, 2024 did not cause price change. The trading delta at closing time to the current price is 4.23% . |
Niching Industrial Fundamentals Correlations and Trends
By evaluating Niching Industrial'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 Niching Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Niching financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Niching Industrial Stock history
Niching Industrial 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 Niching is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Niching Industrial 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 Niching Industrial stock prices may prove useful in developing a viable investing in Niching Industrial
Niching Industrial Stock Technical Analysis
Niching Industrial 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
Niching Industrial Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Niching Industrial 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.
Niching Industrial December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Niching Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Niching Industrial shares will generate the highest return on investment. By undertsting and applying Niching Industrial stock market strength indicators, traders can identify Niching Industrial entry and exit signals to maximize returns
Niching Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Niching Industrial's price direction in advance. Along with the technical and fundamental analysis of Niching Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Niching 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 | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.40) |
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Additional Tools for Niching Stock Analysis
When running Niching Industrial's price analysis, check to measure Niching Industrial'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 Niching Industrial is operating at the current time. Most of Niching Industrial's value examination focuses on studying past and present price action to predict the probability of Niching Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niching Industrial's price. Additionally, you may evaluate how the addition of Niching Industrial to your portfolios can decrease your overall portfolio volatility.