Macroblock (Taiwan) Price on November 12, 2024

3527 Stock  TWD 72.70  0.70  0.97%   
If you're considering investing in Macroblock Stock, it is important to understand the factors that can impact its price. As of today, the current price of Macroblock stands at 72.70, as last reported on the 4th of December, with the highest price reaching 72.90 and the lowest price hitting 72.40 during the day. Macroblock has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Macroblock exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Macroblock's Risk Adjusted Performance of (0.12), standard deviation of 1.36, and Mean Deviation of 0.9968 to check out the risk estimate we provide.
  
Macroblock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1226

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns3527

Estimated Market Risk

 1.27
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Macroblock 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 Macroblock by adding Macroblock to a well-diversified portfolio.

Macroblock Valuation on November 12, 2024

It is possible to determine the worth of Macroblock on a given historical date. On November 12, 2024 Macroblock was worth 79.2 at the beginning of the trading date compared to the closed value of 77.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Macroblock stock. Still, in general, we apply an absolute valuation method to find Macroblock'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 Macroblock where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Macroblock's related companies.
 Open High Low Close Volume
  78.00    80.50    78.00    79.20    41,681  
11/12/2024
  79.20    79.20    77.30    77.60    41,637  
  76.80    76.80    74.50    74.90    145,268  
Backtest Macroblock  |  Macroblock History  |  Macroblock Valuation   PreviousNext  
Open Value
79.2
77.6
Closing Value
83.01
Upside

Macroblock Trading Date Momentum on November 12, 2024

On November 13 2024 Macroblock was traded for  74.90  at the closing time. The highest price during the trading period was 76.80  and the lowest recorded bid was listed for  74.50 . The volume for the day was 145.3 K. This history from November 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.48% . The trading delta at closing time to the current price is 3.99% .

Macroblock Fundamentals Correlations and Trends

By evaluating Macroblock'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 Macroblock's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Macroblock financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Macroblock Stock history

Macroblock 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 Macroblock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Macroblock 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 Macroblock stock prices may prove useful in developing a viable investing in Macroblock

Macroblock Stock Technical Analysis

Macroblock 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.
A focus of Macroblock technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Macroblock trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Macroblock Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Macroblock 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.

Macroblock December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Macroblock stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Macroblock shares will generate the highest return on investment. By undertsting and applying Macroblock stock market strength indicators, traders can identify Macroblock entry and exit signals to maximize returns

Macroblock Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Macroblock's price direction in advance. Along with the technical and fundamental analysis of Macroblock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Macroblock 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.

Additional Tools for Macroblock Stock Analysis

When running Macroblock's price analysis, check to measure Macroblock'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 Macroblock is operating at the current time. Most of Macroblock's value examination focuses on studying past and present price action to predict the probability of Macroblock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macroblock's price. Additionally, you may evaluate how the addition of Macroblock to your portfolios can decrease your overall portfolio volatility.