PlayNitride (Taiwan) Price on November 20, 2024
| 6854 Stock | 235.50 14.50 5.80% |
If you're considering investing in PlayNitride Stock, it is important to understand the factors that can impact its price. As of today, the current price of PlayNitride stands at 235.50, as last reported on the 28th of February, with the highest price reaching 251.00 and the lowest price hitting 235.50 during the day. PlayNitride appears to be very steady, given 3 months investment horizon. PlayNitride maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19 % return per unit of risk over the last 3 months. By analyzing PlayNitride's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please evaluate PlayNitride's Risk Adjusted Performance of 0.1504, semi deviation of 3.17, and Coefficient Of Variation of 518.54 to confirm if our risk estimates are consistent with your expectations.
PlayNitride Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PlayNitride |
Sharpe Ratio = 0.1928
| Best Portfolio | Best Equity | |||
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| Small Returns | 6854 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.56 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average PlayNitride is performing at about 15% 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 PlayNitride by adding it to a well-diversified portfolio.
PlayNitride Valuation on November 20, 2024
It is possible to determine the worth of PlayNitride on a given historical date. On November 20, 2024 PlayNitride was worth 126.5 at the beginning of the trading date compared to the closed value of 126.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PlayNitride stock. Still, in general, we apply an absolute valuation method to find PlayNitride'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 PlayNitride where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PlayNitride's related companies.
| Open | High | Low | Close | Volume | |
| 137.50 | 137.50 | 130.50 | 134.50 | 252,170 | |
11/20/2024 | 126.50 | 126.50 | 126.50 | 126.50 | 932,000 |
| 126.00 | 132.50 | 122.50 | 126.50 | 389,042 |
| Backtest PlayNitride | | | PlayNitride History | Previous | Next |
PlayNitride Trading Date Momentum on November 20, 2024
| On November 21 2024 PlayNitride was traded for 126.50 at the closing time. The highest price during the trading period was 132.50 and the lowest recorded bid was listed for 122.50 . The volume for the day was 389 K. This history from November 21, 2024 did not cause price change. The trading delta at closing time to the current price is 13.04% . |
Price Boundaries
PlayNitride Period Price Range
Low | February 28, 2025
| High |
0.00 | 0.00 |
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PlayNitride February 28, 2025 Market Strength
Market strength indicators help investors to evaluate how PlayNitride stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PlayNitride shares will generate the highest return on investment. By undertsting and applying PlayNitride stock market strength indicators, traders can identify PlayNitride entry and exit signals to maximize returns
PlayNitride Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PlayNitride's price direction in advance. Along with the technical and fundamental analysis of PlayNitride Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PlayNitride 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 | 0.1504 | |||
| Jensen Alpha | 0.8333 | |||
| Total Risk Alpha | 1.01 | |||
| Sortino Ratio | 0.2511 | |||
| Treynor Ratio | (0.56) |
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Additional Tools for PlayNitride Stock Analysis
When running PlayNitride's price analysis, check to measure PlayNitride'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 PlayNitride is operating at the current time. Most of PlayNitride's value examination focuses on studying past and present price action to predict the probability of PlayNitride's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PlayNitride's price. Additionally, you may evaluate how the addition of PlayNitride to your portfolios can decrease your overall portfolio volatility.