FineMat Applied (Taiwan) Price on September 16, 2024
6698 Stock | TWD 37.55 1.15 2.97% |
If you're considering investing in FineMat Stock, it is important to understand the factors that can impact its price. As of today, the current price of FineMat Applied stands at 37.55, as last reported on the 28th of November, with the highest price reaching 38.75 and the lowest price hitting 37.55 during the day. FineMat Applied Materials secures Sharpe Ratio (or Efficiency) of -0.0616, which denotes the company had a -0.0616% return per unit of risk over the last 3 months. FineMat Applied Materials exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FineMat Applied's Downside Deviation of 2.79, mean deviation of 2.33, and Coefficient Of Variation of 5329.52 to check the risk estimate we provide.
FineMat Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FineMat |
Sharpe Ratio = -0.0616
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Negative Returns | 6698 |
Estimated Market Risk
2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.18 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 FineMat Applied 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 FineMat Applied by adding FineMat Applied to a well-diversified portfolio.
FineMat Applied Valuation on September 16, 2024
It is possible to determine the worth of FineMat Applied on a given historical date. On September 16, 2024 FineMat was worth 48.0 at the beginning of the trading date compared to the closed value of 48.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FineMat Applied stock. Still, in general, we apply an absolute valuation method to find FineMat Applied'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 FineMat Applied where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FineMat Applied's related companies.
Open | High | Low | Close | Volume | |
40.75 | 44.80 | 40.00 | 44.80 | 4,061,005 | |
09/16/2024 | 48.00 | 49.20 | 46.70 | 48.65 | 12,933,440 |
49.20 | 53.00 | 48.80 | 50.20 | 15,597,872 |
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FineMat Applied Trading Date Momentum on September 16, 2024
On September 18 2024 FineMat Applied Materials was traded for 50.20 at the closing time. The highest price during the trading period was 53.00 and the lowest recorded bid was listed for 48.80 . The volume for the day was 15.6 M. This history from September 18, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 3.19% . The overall trading delta to the current price is 1.13% . |
FineMat Applied Materials Fundamentals Correlations and Trends
By evaluating FineMat Applied'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 FineMat Applied's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FineMat financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FineMat Applied Stock history
FineMat Applied 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 FineMat is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FineMat Applied Materials 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 FineMat Applied stock prices may prove useful in developing a viable investing in FineMat Applied
FineMat Applied Materials Co., Ltd. develops and manufactures high-precision metal masks based on precision etching technology in Taiwan. FineMat Applied Materials Co., Ltd. was founded in 2007 and is based in Tainan City, Taiwan. FINEMAT APPLIED is traded on Taiwan Stock Exchange in Taiwan.
FineMat Applied Stock Technical Analysis
FineMat Applied 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
FineMat Applied Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
FineMat Applied Materials 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.
FineMat Applied November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how FineMat Applied stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FineMat Applied shares will generate the highest return on investment. By undertsting and applying FineMat Applied stock market strength indicators, traders can identify FineMat Applied Materials entry and exit signals to maximize returns
FineMat Applied Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FineMat Applied's price direction in advance. Along with the technical and fundamental analysis of FineMat Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FineMat 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 | 0.0221 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.49) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0813 |
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Additional Tools for FineMat Stock Analysis
When running FineMat Applied's price analysis, check to measure FineMat Applied'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 FineMat Applied is operating at the current time. Most of FineMat Applied's value examination focuses on studying past and present price action to predict the probability of FineMat Applied's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FineMat Applied's price. Additionally, you may evaluate how the addition of FineMat Applied to your portfolios can decrease your overall portfolio volatility.