Taigen Biopharmaceutica (Taiwan) Price on November 22, 2024
4157 Stock | TWD 12.50 0.45 3.73% |
If you're considering investing in Taigen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taigen Biopharmaceutica stands at 12.50, as last reported on the 2nd of December, with the highest price reaching 12.60 and the lowest price hitting 12.05 during the day. Taigen Biopharmaceutica owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Taigen Biopharmaceuticals Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taigen Biopharmaceutica's Variance of 2.58, risk adjusted performance of (0.09), and Coefficient Of Variation of (780.26) to confirm the risk estimate we provide.
Taigen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Taigen |
Sharpe Ratio = -0.1282
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Negative Returns | 4157 |
Estimated Market Risk
1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taigen Biopharmaceutica 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 Taigen Biopharmaceutica by adding Taigen Biopharmaceutica to a well-diversified portfolio.
Taigen Biopharmaceutica Valuation on November 22, 2024
It is possible to determine the worth of Taigen Biopharmaceutica on a given historical date. On November 22, 2024 Taigen was worth 12.6 at the beginning of the trading date compared to the closed value of 12.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taigen Biopharmaceutica stock. Still, in general, we apply an absolute valuation method to find Taigen Biopharmaceutica'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 Taigen Biopharmaceutica where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taigen Biopharmaceutica's related companies.
Open | High | Low | Close | Volume | |
12.45 | 12.60 | 12.35 | 12.60 | 580,000 | |
11/22/2024 | 12.60 | 12.70 | 12.50 | 12.55 | 489,111 |
12.60 | 12.85 | 12.25 | 12.25 | 12,283,707 |
Backtest Taigen Biopharmaceutica | | | Taigen Biopharmaceutica History | | | Taigen Biopharmaceutica Valuation | Previous | Next |
Taigen Biopharmaceutica Trading Date Momentum on November 22, 2024
On November 25 2024 Taigen Biopharmaceuticals Holdings was traded for 12.25 at the closing time. The highest price during the trading period was 12.85 and the lowest recorded bid was listed for 12.25 . The volume for the day was 12.3 M. This history from November 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.39% . The trading price change to the current price is 3.98% . |
Taigen Biopharmaceutica Fundamentals Correlations and Trends
By evaluating Taigen Biopharmaceutica'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 Taigen Biopharmaceutica's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taigen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taigen Biopharmaceutica Stock history
Taigen Biopharmaceutica 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 Taigen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taigen Biopharmaceutica 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 Taigen Biopharmaceutica stock prices may prove useful in developing a viable investing in Taigen Biopharmaceutica
Taigen Biopharmaceutica Stock Technical Analysis
Taigen Biopharmaceutica 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
Taigen Biopharmaceutica Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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Taigen Biopharmaceutica December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Taigen Biopharmaceutica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taigen Biopharmaceutica shares will generate the highest return on investment. By undertsting and applying Taigen Biopharmaceutica stock market strength indicators, traders can identify Taigen Biopharmaceuticals Holdings entry and exit signals to maximize returns
Taigen Biopharmaceutica Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taigen Biopharmaceutica's price direction in advance. Along with the technical and fundamental analysis of Taigen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taigen 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 | (0.09) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (6.77) |
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Additional Tools for Taigen Stock Analysis
When running Taigen Biopharmaceutica's price analysis, check to measure Taigen Biopharmaceutica'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 Taigen Biopharmaceutica is operating at the current time. Most of Taigen Biopharmaceutica's value examination focuses on studying past and present price action to predict the probability of Taigen Biopharmaceutica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taigen Biopharmaceutica's price. Additionally, you may evaluate how the addition of Taigen Biopharmaceutica to your portfolios can decrease your overall portfolio volatility.