AP Memory (Taiwan) Price on May 2, 2024
| 6531 Stock | 308.00 0.50 0.16% |
If you're considering investing in 6531 Stock, it is important to understand the factors that can impact its price. As of today, the current price of AP Memory stands at 308.00, as last reported on the 24th of November, with the highest price reaching 313.00 and the lowest price hitting 306.50 during the day. At this stage we consider 6531 Stock to be very steady. AP Memory Technology retains Efficiency (Sharpe Ratio) of 0.0105, which signifies that the company had a 0.0105% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for AP Memory, which you can use to evaluate the volatility of the firm. Please confirm AP Memory's Coefficient Of Variation of 5637.98, standard deviation of 2.35, and Market Risk Adjusted Performance of 0.0796 to double-check if the risk estimate we provide is consistent with the expected return of 0.025%.
6531 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
6531 |
Sharpe Ratio = 0.0105
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| Negative Returns | 6531 |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AP Memory 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 AP Memory by adding AP Memory to a well-diversified portfolio.
AP Memory Valuation on May 2, 2024
It is possible to determine the worth of AP Memory on a given historical date. On May 2, 2024 6531 was worth 381.0 at the beginning of the trading date compared to the closed value of 373.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AP Memory stock. Still, in general, we apply an absolute valuation method to find AP Memory'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 AP Memory where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AP Memory's related companies.
| Open | High | Low | Close | Volume | |
| 372.00 | 380.00 | 370.00 | 380.00 | 1,221,517 | |
05/02/2024 | 381.00 | 382.00 | 373.00 | 373.50 | 1,423,090 |
| 378.00 | 383.00 | 373.00 | 373.50 | 1,459,104 |
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AP Memory Trading Date Momentum on May 2, 2024
| On May 03 2024 AP Memory Technology was traded for 373.50 at the closing time. The highest price during the trading period was 383.00 and the lowest recorded bid was listed for 373.00 . The volume for the day was 1.5 M. This history from May 3, 2024 did not affect price variability. The overall trading delta to the current price is 8.17% . |
AP Memory Technology Fundamentals Correlations and Trends
By evaluating AP Memory'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 AP Memory's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 6531 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AP Memory Stock history
AP Memory 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 6531 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AP Memory Technology 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 AP Memory stock prices may prove useful in developing a viable investing in AP Memory
AP Memory Stock Technical Analysis
AP Memory 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
AP Memory Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
AP Memory Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock 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.
AP Memory November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how AP Memory stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AP Memory shares will generate the highest return on investment. By undertsting and applying AP Memory stock market strength indicators, traders can identify AP Memory Technology entry and exit signals to maximize returns
AP Memory Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AP Memory's price direction in advance. Along with the technical and fundamental analysis of 6531 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 6531 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 | 0.0203 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0696 |
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Additional Tools for 6531 Stock Analysis
When running AP Memory's price analysis, check to measure AP Memory'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 AP Memory is operating at the current time. Most of AP Memory's value examination focuses on studying past and present price action to predict the probability of AP Memory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AP Memory's price. Additionally, you may evaluate how the addition of AP Memory to your portfolios can decrease your overall portfolio volatility.