Sports Gear (Taiwan) Price on June 1, 2023
| 6768 Stock | TWD 138.50 1.00 0.72% |
If you're considering investing in Sports Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sports Gear stands at 138.50, as last reported on the 30th of November, with the highest price reaching 145.50 and the lowest price hitting 138.50 during the day. Sports Gear appears to be very steady, given 3 months investment horizon. Sports Gear owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Sports Gear's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please review Sports Gear's Risk Adjusted Performance of 0.1848, coefficient of variation of 431.93, and Semi Deviation of 1.85 to confirm if our risk estimates are consistent with your expectations.
Sports Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sports |
Sharpe Ratio = 0.2246
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 6768 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Sports Gear is performing at about 17% 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 Sports Gear by adding it to a well-diversified portfolio.
Sports Gear Valuation on June 1, 2023
It is possible to determine the worth of Sports Gear on a given historical date. On June 1, 2023 Sports was worth 62.95 at the beginning of the trading date compared to the closed value of 63.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sports Gear stock. Still, in general, we apply an absolute valuation method to find Sports Gear'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 Sports Gear where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sports Gear's related companies.
| Open | High | Low | Close | Volume | |
| 62.23 | 63.21 | 62.23 | 62.95 | 113,000 | |
06/01/2023 | 62.95 | 64.02 | 62.59 | 63.57 | 523,000 |
| 64.29 | 64.29 | 63.57 | 63.84 | 98,000 |
| Backtest Sports Gear | | | Sports Gear History | | | Sports Gear Valuation | Previous | Next |
Sports Gear Trading Date Momentum on June 1, 2023
| On June 02 2023 Sports Gear Co was traded for 63.84 at the closing time. The highest price during the trading period was 64.29 and the lowest recorded bid was listed for 63.57 . The volume for the day was 98 K. This history from June 2, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.42% . The trading price change to the current price is 1.27% . |
Sports Gear Fundamentals Correlations and Trends
By evaluating Sports Gear'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 Sports Gear's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sports financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sports Gear Stock history
Sports Gear 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 Sports is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sports Gear 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 Sports Gear stock prices may prove useful in developing a viable investing in Sports Gear
Sports Gear Co., Ltd., an OEM manufacturer company, produces and sells football shoes, footballs, and American footballs in Taiwan and internationally. The company was founded in 1992 and is based in Taichung City, Taiwan. SPORTS GEAR is traded on Taiwan Stock Exchange in Taiwan.
Sports Gear Stock Technical Analysis
Sports Gear 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
Sports Gear Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Sports Gear November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Sports Gear stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sports Gear shares will generate the highest return on investment. By undertsting and applying Sports Gear stock market strength indicators, traders can identify Sports Gear Co entry and exit signals to maximize returns
Sports Gear Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sports Gear's price direction in advance. Along with the technical and fundamental analysis of Sports Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sports 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 | 0.1848 | |||
| Jensen Alpha | 0.7687 | |||
| Total Risk Alpha | 0.216 | |||
| Sortino Ratio | 0.2629 | |||
| Treynor Ratio | 3.23 |
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| Volume Indicators |
Additional Tools for Sports Stock Analysis
When running Sports Gear's price analysis, check to measure Sports Gear'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 Sports Gear is operating at the current time. Most of Sports Gear's value examination focuses on studying past and present price action to predict the probability of Sports Gear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sports Gear's price. Additionally, you may evaluate how the addition of Sports Gear to your portfolios can decrease your overall portfolio volatility.