Golden Biotechnology (Taiwan) Price on November 11, 2024
4132 Stock | TWD 16.55 0.45 2.65% |
If you're considering investing in Golden Stock, it is important to understand the factors that can impact its price. As of today, the current price of Golden Biotechnology stands at 16.55, as last reported on the 23rd of November, with the highest price reaching 16.90 and the lowest price hitting 16.10 during the day. Golden Biotechnology holds Efficiency (Sharpe) Ratio of -0.0901, which attests that the entity had a -0.0901% return per unit of risk over the last 3 months. Golden Biotechnology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Golden Biotechnology's Standard Deviation of 3.25, market risk adjusted performance of 1.96, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
Golden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Golden |
Sharpe Ratio = -0.0901
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Negative Returns | 4132 |
Estimated Market Risk
3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Golden 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 Golden Biotechnology by adding Golden Biotechnology to a well-diversified portfolio.
Golden Biotechnology Valuation on November 11, 2024
It is possible to determine the worth of Golden Biotechnology on a given historical date. On November 11, 2024 Golden was worth 17.3 at the beginning of the trading date compared to the closed value of 17.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Biotechnology stock. Still, in general, we apply an absolute valuation method to find Golden 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 Golden Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Biotechnology's related companies.
Open | High | Low | Close | Volume | |
17.50 | 17.90 | 17.25 | 17.25 | 206,381 | |
11/11/2024 | 17.30 | 17.80 | 17.00 | 17.15 | 143,906 |
17.60 | 17.60 | 16.80 | 17.45 | 235,673 |
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Golden Biotechnology Trading Date Momentum on November 11, 2024
On November 12 2024 Golden Biotechnology was traded for 17.45 at the closing time. The highest price during the trading period was 17.60 and the lowest recorded bid was listed for 16.80 . The volume for the day was 235.7 K. This history from November 12, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.75% . The overall trading delta to the current price is 0.87% . |
Golden Biotechnology Fundamentals Correlations and Trends
By evaluating Golden 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 Golden Biotechnology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Golden financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Golden Biotechnology Stock history
Golden 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 Golden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Golden 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 Golden Biotechnology stock prices may prove useful in developing a viable investing in Golden Biotechnology
Golden Biotechnology Corporation operates as a drug discovery and healthy food supplement manufacturing company. Golden Biotechnology Corporation was founded in 2002 and is based in New Taipei City, Taiwan. GOLDEN BIOTECHNOLOGY operates under Drug Manufacturers - Specialty Generic classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 135 people.
Golden Biotechnology Stock Technical Analysis
Golden 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
Golden Biotechnology Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
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Golden Biotechnology November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Golden 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 Golden Biotechnology shares will generate the highest return on investment. By undertsting and applying Golden Biotechnology stock market strength indicators, traders can identify Golden Biotechnology entry and exit signals to maximize returns
Golden Biotechnology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Golden Biotechnology's price direction in advance. Along with the technical and fundamental analysis of Golden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Golden 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 | (0.06) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.79) | |||
Treynor Ratio | 1.95 |
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Additional Tools for Golden Stock Analysis
When running Golden Biotechnology's price analysis, check to measure Golden 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 Golden Biotechnology is operating at the current time. Most of Golden Biotechnology's value examination focuses on studying past and present price action to predict the probability of Golden 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 Golden Biotechnology's price. Additionally, you may evaluate how the addition of Golden Biotechnology to your portfolios can decrease your overall portfolio volatility.