Kenmec Mechanical (Taiwan) Price on July 25, 2023
| 6125 Stock | TWD 84.30 1.00 1.17% |
If you're considering investing in Kenmec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kenmec Mechanical stands at 84.30, as last reported on the 27th of November, with the highest price reaching 87.40 and the lowest price hitting 84.10 during the day. Kenmec Mechanical has Sharpe Ratio of -0.0838, which conveys that the firm had a -0.0838% return per unit of risk over the last 3 months. Kenmec Mechanical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kenmec Mechanical's Risk Adjusted Performance of (0.07), standard deviation of 2.11, and Mean Deviation of 1.55 to check out the risk estimate we provide.
Kenmec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kenmec |
Sharpe Ratio = -0.0838
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6125 |
Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kenmec Mechanical 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 Kenmec Mechanical by adding Kenmec Mechanical to a well-diversified portfolio.
Kenmec Mechanical Valuation on July 25, 2023
It is possible to determine the worth of Kenmec Mechanical on a given historical date. On July 25, 2023 Kenmec was worth 106.0 at the beginning of the trading date compared to the closed value of 95.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kenmec Mechanical stock. Still, in general, we apply an absolute valuation method to find Kenmec Mechanical'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 Kenmec Mechanical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kenmec Mechanical's related companies.
| Open | High | Low | Close | Volume | |
| 102.50 | 106.00 | 96.50 | 103.50 | 48,564,000 | |
07/25/2023 | 106.00 | 108.50 | 95.80 | 95.80 | 40,338,000 |
| 96.20 | 97.00 | 86.30 | 86.30 | 31,115,000 |
| Backtest Kenmec Mechanical | | | Kenmec Mechanical History | | | Kenmec Mechanical Valuation | Previous | Next |
Kenmec Mechanical Trading Date Momentum on July 25, 2023
| On July 26 2023 Kenmec Mechanical Engineering was traded for 86.30 at the closing time. The highest price during the trading period was 97.00 and the lowest recorded bid was listed for 86.30 . The volume for the day was 31.1 M. This history from July 26, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 9.92% . The trading delta at closing time to the current price is 27.97% . |
Kenmec Mechanical Fundamentals Correlations and Trends
By evaluating Kenmec Mechanical'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 Kenmec Mechanical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kenmec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kenmec Mechanical Stock history
Kenmec Mechanical 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 Kenmec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kenmec Mechanical 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 Kenmec Mechanical stock prices may prove useful in developing a viable investing in Kenmec Mechanical
Kenmec Mechanical Stock Technical Analysis
Kenmec Mechanical 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
Kenmec Mechanical Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Kenmec Mechanical Engineering 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.
Kenmec Mechanical November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Kenmec Mechanical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kenmec Mechanical shares will generate the highest return on investment. By undertsting and applying Kenmec Mechanical stock market strength indicators, traders can identify Kenmec Mechanical Engineering entry and exit signals to maximize returns
Kenmec Mechanical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kenmec Mechanical's price direction in advance. Along with the technical and fundamental analysis of Kenmec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kenmec 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 | (0.07) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.54) |
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Additional Tools for Kenmec Stock Analysis
When running Kenmec Mechanical's price analysis, check to measure Kenmec Mechanical'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 Kenmec Mechanical is operating at the current time. Most of Kenmec Mechanical's value examination focuses on studying past and present price action to predict the probability of Kenmec Mechanical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kenmec Mechanical's price. Additionally, you may evaluate how the addition of Kenmec Mechanical to your portfolios can decrease your overall portfolio volatility.