M3 Technology (Taiwan) Price on December 5, 2024
| 6799 Stock | 98.20 1.30 1.31% |
If you're considering investing in 6799 Stock, it is important to understand the factors that can impact its price. As of today, the current price of M3 Technology stands at 98.20, as last reported on the 12th of December 2024, with the highest price reaching 100.50 and the lowest price hitting 98.20 during the day. M3 Technology retains Efficiency (Sharpe Ratio) of -0.0294, which conveys that the company had a -0.0294% return per unit of price deviation over the last 3 months. M3 Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify M3 Technology's Market Risk Adjusted Performance of (0.18), information ratio of (0.08), and Mean Deviation of 1.88 to check out the risk estimate we provide.
6799 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
6799 |
Sharpe Ratio = -0.0294
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| Negative Returns | 6799 |
Estimated Market Risk
| 2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average M3 Technology 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 M3 Technology by adding M3 Technology to a well-diversified portfolio.
M3 Technology Valuation on December 5, 2024
It is possible to determine the worth of M3 Technology on a given historical date. On December 5, 2024 6799 was worth 104.5 at the beginning of the trading date compared to the closed value of 102.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of M3 Technology stock. Still, in general, we apply an absolute valuation method to find M3 Technology'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 M3 Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against M3 Technology's related companies.
| Open | High | Low | Close | Volume | |
| 101.00 | 106.50 | 101.00 | 104.00 | 720,891 | |
12/05/2024 | 104.50 | 105.50 | 102.00 | 102.00 | 282,020 |
| 101.50 | 104.00 | 100.50 | 102.00 | 252,010 |
| Backtest M3 Technology | | | M3 Technology History | Previous | Next |
M3 Technology Trading Date Momentum on December 5, 2024
| On December 06 2024 M3 Technology was traded for 102.00 at the closing time. The highest price during the trading period was 104.00 and the lowest recorded bid was listed for 100.50 . The volume for the day was 252 K. This history from December 6, 2024 did not cause price change. The trading delta at closing time to the current price is 2.84% . |
Price Boundaries
M3 Technology Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
M3 Technology 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.
M3 Technology December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how M3 Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading M3 Technology shares will generate the highest return on investment. By undertsting and applying M3 Technology stock market strength indicators, traders can identify M3 Technology entry and exit signals to maximize returns
M3 Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for M3 Technology's price direction in advance. Along with the technical and fundamental analysis of 6799 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 6799 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 | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.19) |
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Additional Tools for 6799 Stock Analysis
When running M3 Technology's price analysis, check to measure M3 Technology'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 M3 Technology is operating at the current time. Most of M3 Technology's value examination focuses on studying past and present price action to predict the probability of M3 Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move M3 Technology's price. Additionally, you may evaluate how the addition of M3 Technology to your portfolios can decrease your overall portfolio volatility.