EirGenix (Taiwan) Price on September 25, 2024
| 6589 Stock | TWD 94.20 2.10 2.28% |
If you're considering investing in EirGenix Stock, it is important to understand the factors that can impact its price. As of today, the current price of EirGenix stands at 94.20, as last reported on the 30th of November, with the highest price reaching 95.70 and the lowest price hitting 91.50 during the day. At this stage we consider EirGenix Stock to be very steady. EirGenix secures Sharpe Ratio (or Efficiency) of 0.0989, which denotes the company had a 0.0989% return per unit of risk over the last 3 months. We have found thirty technical indicators for EirGenix, which you can use to evaluate the volatility of the firm. Please confirm EirGenix's Downside Deviation of 1.64, mean deviation of 1.31, and Coefficient Of Variation of 1040.93 to check if the risk estimate we provide is consistent with the expected return of 0.17%.
EirGenix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EirGenix |
Sharpe Ratio = 0.0989
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 6589 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average EirGenix is performing at about 7% of its full potential. 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 EirGenix by adding it to a well-diversified portfolio.
EirGenix Valuation on September 25, 2024
It is possible to determine the worth of EirGenix on a given historical date. On September 25, 2024 EirGenix was worth 91.7 at the beginning of the trading date compared to the closed value of 91.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EirGenix stock. Still, in general, we apply an absolute valuation method to find EirGenix'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 EirGenix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EirGenix's related companies.
| Open | High | Low | Close | Volume | |
| 94.10 | 96.00 | 91.30 | 91.50 | 2,065,658 | |
09/25/2024 | 91.70 | 92.50 | 90.70 | 91.10 | 736,734 |
| 92.00 | 92.00 | 86.20 | 86.20 | 2,226,826 |
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EirGenix Trading Date Momentum on September 25, 2024
| On September 26 2024 EirGenix was traded for 86.20 at the closing time. The highest price during the trading period was 92.00 and the lowest recorded bid was listed for 86.20 . The volume for the day was 2.2 M. This history from September 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.38% . The overall trading delta to the current price is 3.73% . |
EirGenix Fundamentals Correlations and Trends
By evaluating EirGenix'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 EirGenix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EirGenix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EirGenix Stock history
EirGenix 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 EirGenix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EirGenix 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 EirGenix stock prices may prove useful in developing a viable investing in EirGenix
EirGenix Inc. operates as a contract development and manufacturing company worldwide. Its services include cell line development, process development, analytical sciences and quality control, cGMP manufacturing, and antibody drug conjugate. EIRGENIX INC operates under Biotechnology classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 179 people.
EirGenix Stock Technical Analysis
EirGenix 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
EirGenix Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
EirGenix 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.
EirGenix November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how EirGenix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EirGenix shares will generate the highest return on investment. By undertsting and applying EirGenix stock market strength indicators, traders can identify EirGenix entry and exit signals to maximize returns
EirGenix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EirGenix's price direction in advance. Along with the technical and fundamental analysis of EirGenix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EirGenix 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 | 0.0791 | |||
| Jensen Alpha | 0.2035 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0193 | |||
| Treynor Ratio | (0.46) |
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Additional Tools for EirGenix Stock Analysis
When running EirGenix's price analysis, check to measure EirGenix'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 EirGenix is operating at the current time. Most of EirGenix's value examination focuses on studying past and present price action to predict the probability of EirGenix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EirGenix's price. Additionally, you may evaluate how the addition of EirGenix to your portfolios can decrease your overall portfolio volatility.