Cowealth Medical (Taiwan) Price on November 13, 2024

4745 Stock  TWD 20.55  0.05  0.24%   
If you're considering investing in Cowealth Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cowealth Medical stands at 20.55, as last reported on the 28th of November, with the highest price reaching 20.70 and the lowest price hitting 20.40 during the day. Cowealth Medical Holding secures Sharpe Ratio (or Efficiency) of -0.0232, which signifies that the company had a -0.0232% return per unit of risk over the last 3 months. Cowealth Medical Holding exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cowealth Medical's Standard Deviation of 2.11, risk adjusted performance of (0.01), and Mean Deviation of 1.11 to double-check the risk estimate we provide.
  
Cowealth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0232

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Negative Returns4745

Estimated Market Risk

 2.17
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cowealth Medical 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 Cowealth Medical by adding Cowealth Medical to a well-diversified portfolio.

Cowealth Medical Valuation on November 13, 2024

It is possible to determine the worth of Cowealth Medical on a given historical date. On November 13, 2024 Cowealth was worth 21.3 at the beginning of the trading date compared to the closed value of 21.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cowealth Medical stock. Still, in general, we apply an absolute valuation method to find Cowealth Medical'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 Cowealth Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cowealth Medical's related companies.
 Open High Low Close Volume
  21.65    21.75    21.55    21.70    20,000  
11/13/2024
  21.30    21.60    21.30    21.45    36,090  
  21.45    21.45    20.65    20.80    130,308  
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Open Value
21.3
21.45
Closing Value
27.82
Upside

Cowealth Medical Trading Date Momentum on November 13, 2024

On November 14 2024 Cowealth Medical Holding was traded for  20.80  at the closing time. The highest price during the trading period was 21.45  and the lowest recorded bid was listed for  20.65 . The volume for the day was 130.3 K. This history from November 14, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.03% . The overall trading delta to the current price is 4.20% .

Cowealth Medical Holding Fundamentals Correlations and Trends

By evaluating Cowealth Medical'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 Cowealth Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cowealth financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cowealth Medical Stock history

Cowealth Medical 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 Cowealth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cowealth Medical Holding 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 Cowealth Medical stock prices may prove useful in developing a viable investing in Cowealth Medical
Cowealth Medical Holding Co., Ltd. operates as a medical distribution company primarily in the diagnostic clinical laboratory field in Greater China market. Cowealth Medical Holding Co., Ltd. was founded in 1997 and is based in Shanghai, China. COWEALTH MEDICAL operates under Medical Devices classification in Taiwan and is traded on Taiwan OTC Exchange.

Cowealth Medical Stock Technical Analysis

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

Cowealth Medical Period Price Range

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November 28, 2024
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Cowealth Medical Holding 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.

Cowealth Medical November 28, 2024 Market Strength

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

Cowealth Medical Technical and Predictive Indicators

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

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