TaiMed Biologics (Taiwan) Price on May 29, 2023

4147 Stock  TWD 79.90  1.30  1.65%   
If you're considering investing in TaiMed Stock, it is important to understand the factors that can impact its price. As of today, the current price of TaiMed Biologics stands at 79.90, as last reported on the 24th of November, with the highest price reaching 80.90 and the lowest price hitting 79.80 during the day. At this stage we consider TaiMed Stock to be very steady. TaiMed Biologics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.002, which indicates the firm had a 0.002% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for TaiMed Biologics, which you can use to evaluate the volatility of the company. Please validate TaiMed Biologics' Variance of 2.62, risk adjusted performance of 0.0024, and Coefficient Of Variation of (26,507) to confirm if the risk estimate we provide is consistent with the expected return of 0.0033%.
  
TaiMed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.002

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns4147

Estimated Market Risk

 1.64
  actual daily
14
86% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average TaiMed Biologics 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 TaiMed Biologics by adding TaiMed Biologics to a well-diversified portfolio.

TaiMed Biologics Valuation on May 29, 2023

It is possible to determine the worth of TaiMed Biologics on a given historical date. On May 29, 2023 TaiMed was worth 108.0 at the beginning of the trading date compared to the closed value of 109.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TaiMed Biologics stock. Still, in general, we apply an absolute valuation method to find TaiMed Biologics' 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 TaiMed Biologics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TaiMed Biologics' related companies.
 Open High Low Close Volume
  109.50    110.50    105.50    106.50    2,871,349  
05/29/2023
  108.00    111.00    107.50    109.50    1,640,000  
  110.50    112.00    109.00    109.50    1,678,983  
Backtest TaiMed Biologics  |  TaiMed Biologics History  |  TaiMed Biologics Valuation   PreviousNext  
Open Value
108.0
103.08
Downside
109.5
Closing Value
112.92
Upside

TaiMed Biologics Trading Date Momentum on May 29, 2023

On May 30 2023 TaiMed Biologics was traded for  109.50  at the closing time. The highest price during the trading period was 112.00  and the lowest recorded bid was listed for  109.00 . The volume for the day was 1.7 M. This history from May 30, 2023 did not result in any price rise and fall. The trading price change to the current price is 1.83% .

TaiMed Biologics Fundamentals Correlations and Trends

By evaluating TaiMed Biologics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TaiMed Biologics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TaiMed financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About TaiMed Biologics Stock history

TaiMed Biologics 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 TaiMed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TaiMed Biologics 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 TaiMed Biologics stock prices may prove useful in developing a viable investing in TaiMed Biologics
TaiMed Biologics Inc., a biotechnology company, develops health-care products. The company was founded in 2007 and is based in Taipei City, Taiwan. TAIMED BIOLOGICS operates under Biotechnology classification in Taiwan and is traded on Taiwan OTC Exchange.

TaiMed Biologics Stock Technical Analysis

TaiMed Biologics 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 TaiMed Biologics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TaiMed Biologics 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

TaiMed Biologics Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

TaiMed Biologics 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.

TaiMed Biologics November 24, 2024 Market Strength

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

TaiMed Biologics Technical and Predictive Indicators

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

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