Materials Analysis (Taiwan) Price on August 2, 2023
3587 Stock | TWD 256.00 2.00 0.79% |
If you're considering investing in Materials Stock, it is important to understand the factors that can impact its price. As of today, the current price of Materials Analysis stands at 256.00, as last reported on the 30th of November, with the highest price reaching 256.00 and the lowest price hitting 252.00 during the day. Materials Analysis has Sharpe Ratio of -0.0951, which conveys that the firm had a -0.0951% return per unit of risk over the last 3 months. Materials Analysis exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Materials Analysis' Mean Deviation of 1.31, standard deviation of 1.74, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
Materials Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Materials |
Sharpe Ratio = -0.0951
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 3587 |
Estimated Market Risk
1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Materials Analysis 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 Materials Analysis by adding Materials Analysis to a well-diversified portfolio.
Materials Analysis Valuation on August 2, 2023
It is possible to determine the worth of Materials Analysis on a given historical date. On August 2, 2023 Materials was worth 279.58 at the beginning of the trading date compared to the closed value of 252.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Materials Analysis stock. Still, in general, we apply an absolute valuation method to find Materials Analysis' 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 Materials Analysis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Materials Analysis' related companies.
Open | High | Low | Close | Volume | |
269.26 | 280.52 | 268.32 | 280.52 | 3,209,000 | |
08/02/2023 | 279.58 | 279.58 | 252.84 | 252.84 | 4,134,000 |
252.84 | 252.84 | 252.84 | 252.84 | 1.00 |
Backtest Materials Analysis | | | Materials Analysis History | | | Materials Analysis Valuation | Previous | Next |
Materials Analysis Trading Date Momentum on August 2, 2023
On August 03 2023 Materials Analysis Technology was traded for 252.84 at the closing time. The highest price during the trading period was 252.84 and the lowest recorded bid was listed for 252.84 . There was no trading activity during the period 1.0. Lack of trading volume on August 3, 2023 did not cause price change. The trading delta at closing time to the current price is 2.41% . |
Materials Analysis Fundamentals Correlations and Trends
By evaluating Materials Analysis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Materials Analysis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Materials financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Materials Analysis Stock history
Materials Analysis 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 Materials is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Materials Analysis 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 Materials Analysis stock prices may prove useful in developing a viable investing in Materials Analysis
Materials Analysis Stock Technical Analysis
Materials Analysis 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
Materials Analysis Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Materials Analysis Technology 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.
Materials Analysis November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Materials Analysis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Materials Analysis shares will generate the highest return on investment. By undertsting and applying Materials Analysis stock market strength indicators, traders can identify Materials Analysis Technology entry and exit signals to maximize returns
Materials Analysis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Materials Analysis' price direction in advance. Along with the technical and fundamental analysis of Materials Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Materials 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 | (0.07) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (0.71) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Materials Stock Analysis
When running Materials Analysis' price analysis, check to measure Materials Analysis' 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 Materials Analysis is operating at the current time. Most of Materials Analysis' value examination focuses on studying past and present price action to predict the probability of Materials Analysis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Materials Analysis' price. Additionally, you may evaluate how the addition of Materials Analysis to your portfolios can decrease your overall portfolio volatility.