FineMat Applied (Taiwan) Price on November 26, 2024

6698 Stock  TWD 36.85  0.35  0.94%   
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 36.85, as last reported on the 2nd of December, with the highest price reaching 38.00 and the lowest price hitting 36.85 during the day. FineMat Applied Materials secures Sharpe Ratio (or Efficiency) of -0.0513, which denotes the company had a -0.0513% return per unit of risk over the last 3 months. FineMat Applied Materials exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FineMat Applied's Mean Deviation of 2.21, standard deviation of 3.23, and Variance of 10.41 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.

Sharpe Ratio = -0.0513

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Estimated Market Risk

 2.91
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.15
  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 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 November 26, 2024

It is possible to determine the worth of FineMat Applied on a given historical date. On November 26, 2024 FineMat was worth 38.95 at the beginning of the trading date compared to the closed value of 38.7. 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
  39.15    39.55    38.95    38.95    132,626  
11/26/2024
  38.95    39.20    38.20    38.70    136,577  
  38.75    38.75    37.55    37.55    337,332  
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Open Value
38.95
38.7
Closing Value
47.69
Upside

FineMat Applied Trading Date Momentum on November 26, 2024

On November 27 2024 FineMat Applied Materials was traded for  37.55  at the closing time. The highest price during the trading period was 38.75  and the lowest recorded bid was listed for  37.55 . The volume for the day was 337.3 K. This history from November 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.97% . The overall trading delta to the current price is 3.10% .

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

FineMat Applied Period Price Range

Low
December 2, 2024
0.00  NaN%
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 December 2, 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.

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.