Motech Industries (Taiwan) Price on November 25, 2024
| 6244 Stock | TWD 23.05 0.75 3.36% |
If you're considering investing in Motech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Motech Industries stands at 23.05, as last reported on the 26th of February, with the highest price reaching 23.90 and the lowest price hitting 22.00 during the day. Motech Industries has Sharpe Ratio of -0.0303, which conveys that the firm had a -0.0303 % return per unit of risk over the last 3 months. Motech Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Motech Industries' Mean Deviation of 1.73, risk adjusted performance of (0.02), and Standard Deviation of 2.32 to check out the risk estimate we provide.
Motech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Motech |
Sharpe Ratio = -0.0303
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6244 |
Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Motech Industries 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 Motech Industries by adding Motech Industries to a well-diversified portfolio.
Motech Industries Valuation on November 25, 2024
It is possible to determine the worth of Motech Industries on a given historical date. On November 25, 2024 Motech was worth 23.5 at the beginning of the trading date compared to the closed value of 23.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Motech Industries stock. Still, in general, we apply an absolute valuation method to find Motech Industries' 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 Motech Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Motech Industries' related companies.
| Open | High | Low | Close | Volume | |
| 23.25 | 23.50 | 23.20 | 23.40 | 537,000 | |
11/25/2024 | 23.50 | 23.95 | 23.50 | 23.85 | 961,000 |
| 24.00 | 24.45 | 23.70 | 24.35 | 1,213,000 |
| Backtest Motech Industries | | | Motech Industries History | | | Motech Industries Valuation | Previous | Next |
Motech Industries Trading Date Momentum on November 25, 2024
| On November 26 2024 Motech Industries Co was traded for 24.35 at the closing time. The highest price during the trading period was 24.45 and the lowest recorded bid was listed for 23.70 . The volume for the day was 1.2 M. This history from November 26, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.10% . The trading delta at closing time to the current price is 5.03% . |
Motech Industries Fundamentals Correlations and Trends
By evaluating Motech Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Motech Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Motech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Motech Industries Stock history
Motech Industries 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 Motech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Motech Industries 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 Motech Industries stock prices may prove useful in developing a viable investing in Motech Industries
Motech Industries Stock Technical Analysis
Motech Industries 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
Motech Industries Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Motech Industries Co 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.
Motech Industries February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Motech Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Motech Industries shares will generate the highest return on investment. By undertsting and applying Motech Industries stock market strength indicators, traders can identify Motech Industries Co entry and exit signals to maximize returns
Motech Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Motech Industries' price direction in advance. Along with the technical and fundamental analysis of Motech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Motech 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 | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.22) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Motech Stock Analysis
When running Motech Industries' price analysis, check to measure Motech Industries' 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 Motech Industries is operating at the current time. Most of Motech Industries' value examination focuses on studying past and present price action to predict the probability of Motech Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Motech Industries' price. Additionally, you may evaluate how the addition of Motech Industries to your portfolios can decrease your overall portfolio volatility.