Luo Lih (Taiwan) Price on October 7, 2024
| 6666 Stock | 53.80 1.00 1.82% |
If you're considering investing in Luo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Luo Lih stands at 53.80, as last reported on the 11th of December 2024, with the highest price reaching 54.90 and the lowest price hitting 53.70 during the day. Luo Lih Fen has Sharpe Ratio of -0.0494, which conveys that the firm had a -0.0494% return per unit of risk over the last 3 months. Luo Lih exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Luo Lih's Standard Deviation of 1.93, mean deviation of 1.19, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
Luo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Luo |
Sharpe Ratio = -0.0494
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6666 |
Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Luo Lih 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 Luo Lih by adding Luo Lih to a well-diversified portfolio.
Luo Lih Valuation on October 7, 2024
It is possible to determine the worth of Luo Lih on a given historical date. On October 7, 2024 Luo was worth 66.4 at the beginning of the trading date compared to the closed value of 66.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Luo Lih stock. Still, in general, we apply an absolute valuation method to find Luo Lih'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 Luo Lih where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Luo Lih's related companies.
| Open | High | Low | Close | Volume | |
| 68.50 | 69.60 | 63.30 | 64.50 | 644,038 | |
10/07/2024 | 66.40 | 68.00 | 64.20 | 66.20 | 233,698 |
| 68.00 | 70.00 | 63.00 | 65.00 | 503,000 |
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Luo Lih Trading Date Momentum on October 7, 2024
| On October 08 2024 Luo Lih Fen was traded for 65.00 at the closing time. The highest price during the trading period was 70.00 and the lowest recorded bid was listed for 63.00 . The volume for the day was 503 K. This history from October 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.81% . The trading delta at closing time to the current price is 6.65% . |
Luo Lih Fen Fundamentals Correlations and Trends
By evaluating Luo Lih'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 Luo Lih's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Luo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Luo Lih Stock history
Luo Lih 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 Luo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Luo Lih Fen 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 Luo Lih stock prices may prove useful in developing a viable investing in Luo Lih
Luo Lih Stock Technical Analysis
Luo Lih 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
Luo Lih Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Luo Lih Fen 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.
Luo Lih December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Luo Lih stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Luo Lih shares will generate the highest return on investment. By undertsting and applying Luo Lih stock market strength indicators, traders can identify Luo Lih Fen entry and exit signals to maximize returns
Luo Lih Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Luo Lih's price direction in advance. Along with the technical and fundamental analysis of Luo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Luo 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 | (0.06) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.3071 |
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Additional Tools for Luo Stock Analysis
When running Luo Lih's price analysis, check to measure Luo Lih'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 Luo Lih is operating at the current time. Most of Luo Lih's value examination focuses on studying past and present price action to predict the probability of Luo Lih's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luo Lih's price. Additionally, you may evaluate how the addition of Luo Lih to your portfolios can decrease your overall portfolio volatility.