Rafael Microelectronics (Taiwan) Price on April 14, 2023

6568 Stock  TWD 121.50  0.50  0.41%   
If you're considering investing in Rafael Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rafael Microelectronics stands at 121.50, as last reported on the 29th of November, with the highest price reaching 122.50 and the lowest price hitting 120.50 during the day. Rafael Microelectronics maintains Sharpe Ratio (i.e., Efficiency) of -0.0323, which implies the firm had a -0.0323% return per unit of risk over the last 3 months. Rafael Microelectronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rafael Microelectronics' Risk Adjusted Performance of 0.001, coefficient of variation of (16,742), and Variance of 2.94 to confirm the risk estimate we provide.
  
Rafael Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0323

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Estimated Market Risk

 1.74
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.06
  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 Rafael Microelectronics 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 Rafael Microelectronics by adding Rafael Microelectronics to a well-diversified portfolio.

Rafael Microelectronics Valuation on April 14, 2023

It is possible to determine the worth of Rafael Microelectronics on a given historical date. On April 14, 2023 Rafael was worth 170.74 at the beginning of the trading date compared to the closed value of 170.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rafael Microelectronics stock. Still, in general, we apply an absolute valuation method to find Rafael Microelectronics' 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 Rafael Microelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rafael Microelectronics' related companies.
 Open High Low Close Volume
  169.78    172.67    167.37    170.26    848,000  
04/14/2023
  170.74    173.63    168.82    170.26    662,000  
  171.70    176.51    171.70    173.15    721,000  
Backtest Rafael Microelectronics  |  Rafael Microelectronics History  |  Rafael Microelectronics Valuation   PreviousNext  
Open Value
170.74
165.51
Downside
170.26
Closing Value
175.97
Upside

Rafael Microelectronics Trading Date Momentum on April 14, 2023

On April 17 2023 Rafael Microelectronics was traded for  173.15  at the closing time. The highest price during the trading period was 176.51  and the lowest recorded bid was listed for  171.70 . The volume for the day was 721 K. This history from April 17, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 1.70% . The trading delta at closing time to the current price is 1.13% .

Rafael Microelectronics Fundamentals Correlations and Trends

By evaluating Rafael Microelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rafael Microelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rafael financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Rafael Microelectronics Stock history

Rafael Microelectronics 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 Rafael is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rafael Microelectronics 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 Rafael Microelectronics stock prices may prove useful in developing a viable investing in Rafael Microelectronics

Rafael Microelectronics Stock Technical Analysis

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

Rafael Microelectronics Period Price Range

Low
November 29, 2024
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High

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Rafael Microelectronics 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.

Rafael Microelectronics November 29, 2024 Market Strength

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

Rafael Microelectronics Technical and Predictive Indicators

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

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