MacroWell OMG (Taiwan) Price on October 16, 2024
| 3687 Stock | TWD 97.30 1.50 1.57% |
If you're considering investing in MacroWell Stock, it is important to understand the factors that can impact its price. As of today, the current price of MacroWell OMG stands at 97.30, as last reported on the 29th of November, with the highest price reaching 98.00 and the lowest price hitting 96.20 during the day. At this stage we consider MacroWell Stock to be very steady. MacroWell OMG Digital has Sharpe Ratio of 0.0349, which conveys that the firm had a 0.0349% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MacroWell OMG, which you can use to evaluate the volatility of the firm. Please verify MacroWell OMG's Mean Deviation of 1.89, risk adjusted performance of 0.0266, and Downside Deviation of 2.71 to check out if the risk estimate we provide is consistent with the expected return of 0.1%.
MacroWell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MacroWell |
Sharpe Ratio = 0.0349
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| Cash | Small Risk | 3687 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.99 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average MacroWell OMG is performing at about 2% 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 MacroWell OMG by adding it to a well-diversified portfolio.
MacroWell OMG Valuation on October 16, 2024
It is possible to determine the worth of MacroWell OMG on a given historical date. On October 16, 2024 MacroWell was worth 97.3 at the beginning of the trading date compared to the closed value of 99.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MacroWell OMG stock. Still, in general, we apply an absolute valuation method to find MacroWell OMG'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 MacroWell OMG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MacroWell OMG's related companies.
| Open | High | Low | Close | Volume | |
| 96.60 | 99.30 | 96.60 | 96.80 | 240,941 | |
10/16/2024 | 97.30 | 100.50 | 97.30 | 99.90 | 526,000 |
| 100.00 | 101.50 | 100.00 | 101.50 | 440,000 |
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MacroWell OMG Trading Date Momentum on October 16, 2024
| On October 17 2024 MacroWell OMG Digital was traded for 101.50 at the closing time. The highest price during the trading period was 101.50 and the lowest recorded bid was listed for 100.00 . The volume for the day was 440 K. This history from October 17, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.60% . The trading delta at closing time to the current price is 10.11% . |
MacroWell OMG Digital Fundamentals Correlations and Trends
By evaluating MacroWell OMG'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 MacroWell OMG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MacroWell financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MacroWell OMG Stock history
MacroWell OMG 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 MacroWell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MacroWell OMG Digital 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 MacroWell OMG stock prices may prove useful in developing a viable investing in MacroWell OMG
MacroWell OMG Digital Entertainment Co., Ltd. provides online games and community space. MacroWell OMG Digital Entertainment Co., Ltd. was founded in 1999 and is based in Taipei, Taiwan. MACROWELL OMG is traded on Taiwan OTC Exchange in Taiwan.
MacroWell OMG Stock Technical Analysis
MacroWell OMG 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
MacroWell OMG Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
MacroWell OMG Digital 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.
MacroWell OMG November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how MacroWell OMG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MacroWell OMG shares will generate the highest return on investment. By undertsting and applying MacroWell OMG stock market strength indicators, traders can identify MacroWell OMG Digital entry and exit signals to maximize returns
MacroWell OMG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MacroWell OMG's price direction in advance. Along with the technical and fundamental analysis of MacroWell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MacroWell 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 | 0.0266 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1159 |
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Additional Tools for MacroWell Stock Analysis
When running MacroWell OMG's price analysis, check to measure MacroWell OMG'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 MacroWell OMG is operating at the current time. Most of MacroWell OMG's value examination focuses on studying past and present price action to predict the probability of MacroWell OMG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacroWell OMG's price. Additionally, you may evaluate how the addition of MacroWell OMG to your portfolios can decrease your overall portfolio volatility.