Ibase Gaming (Taiwan) Price on October 9, 2024
| 6441 Stock | TWD 39.55 0.75 1.86% |
If you're considering investing in Ibase Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ibase Gaming stands at 39.55, as last reported on the 29th of November, with the highest price reaching 40.30 and the lowest price hitting 39.35 during the day. Ibase Gaming holds Efficiency (Sharpe) Ratio of -0.0574, which attests that the entity had a -0.0574% return per unit of risk over the last 3 months. Ibase Gaming exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ibase Gaming's Standard Deviation of 2.39, risk adjusted performance of (0.04), and Market Risk Adjusted Performance of 0.3605 to validate the risk estimate we provide.
Ibase Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ibase |
Sharpe Ratio = -0.0574
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6441 |
Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ibase Gaming 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 Ibase Gaming by adding Ibase Gaming to a well-diversified portfolio.
Ibase Gaming Valuation on October 9, 2024
It is possible to determine the worth of Ibase Gaming on a given historical date. On October 9, 2024 Ibase was worth 45.2 at the beginning of the trading date compared to the closed value of 44.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ibase Gaming stock. Still, in general, we apply an absolute valuation method to find Ibase Gaming'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 Ibase Gaming where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ibase Gaming's related companies.
| Open | High | Low | Close | Volume | |
| 43.95 | 46.20 | 43.55 | 44.90 | 609,831 | |
10/09/2024 | 45.20 | 45.70 | 42.50 | 44.95 | 297,467 |
| 45.30 | 45.30 | 44.25 | 44.65 | 162,092 |
| Backtest Ibase Gaming | | | Ibase Gaming History | | | Ibase Gaming Valuation | Previous | Next |
Ibase Gaming Trading Date Momentum on October 9, 2024
| On October 11 2024 Ibase Gaming was traded for 44.65 at the closing time. The highest price during the trading period was 45.30 and the lowest recorded bid was listed for 44.25 . The volume for the day was 162.1 K. This history from October 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.67% . The trading delta at closing time to the current price is 2.22% . |
Ibase Gaming Fundamentals Correlations and Trends
By evaluating Ibase Gaming'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 Ibase Gaming's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ibase financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ibase Gaming Stock history
Ibase Gaming 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 Ibase is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ibase Gaming 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 Ibase Gaming stock prices may prove useful in developing a viable investing in Ibase Gaming
Ibase Gaming Inc. designs, develops, manufactures, and sells gaming systems worldwide. Ibase Gaming Inc. was founded in 2011 and is based in New Taipei City, Taiwan. IBASE GAMING is traded on Taiwan OTC Exchange in Taiwan.
Ibase Gaming Stock Technical Analysis
Ibase Gaming 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
Ibase Gaming Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Ibase Gaming 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.
Ibase Gaming November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Ibase Gaming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ibase Gaming shares will generate the highest return on investment. By undertsting and applying Ibase Gaming stock market strength indicators, traders can identify Ibase Gaming entry and exit signals to maximize returns
Ibase Gaming Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ibase Gaming's price direction in advance. Along with the technical and fundamental analysis of Ibase Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ibase 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 | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 0.3505 |
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Additional Tools for Ibase Stock Analysis
When running Ibase Gaming's price analysis, check to measure Ibase Gaming'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 Ibase Gaming is operating at the current time. Most of Ibase Gaming's value examination focuses on studying past and present price action to predict the probability of Ibase Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ibase Gaming's price. Additionally, you may evaluate how the addition of Ibase Gaming to your portfolios can decrease your overall portfolio volatility.