BRIM Biotechnology (Taiwan) Price on September 4, 2024
| 6885 Stock | 40.20 0.20 0.50% |
If you're considering investing in BRIM Stock, it is important to understand the factors that can impact its price. As of today, the current price of BRIM Biotechnology stands at 40.20, as last reported on the 28th of November, with the highest price reaching 40.20 and the lowest price hitting 39.35 during the day. BRIM Biotechnology secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of return volatility over the last 3 months. BRIM Biotechnology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BRIM Biotechnology's Mean Deviation of 1.19, coefficient of variation of (1,712), and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
BRIM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BRIM |
Sharpe Ratio = -0.1938
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6885 |
Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BRIM Biotechnology 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 BRIM Biotechnology by adding BRIM Biotechnology to a well-diversified portfolio.
BRIM Biotechnology Valuation on September 4, 2024
It is possible to determine the worth of BRIM Biotechnology on a given historical date. On September 4, 2024 BRIM was worth 48.0 at the beginning of the trading date compared to the closed value of 47.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BRIM Biotechnology stock. Still, in general, we apply an absolute valuation method to find BRIM Biotechnology'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 BRIM Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BRIM Biotechnology's related companies.
| Open | High | Low | Close | Volume | |
| 48.00 | 48.20 | 47.65 | 48.00 | 385,353 | |
09/04/2024 | 48.00 | 48.30 | 45.75 | 47.15 | 678,420 |
| 47.35 | 47.75 | 47.00 | 47.25 | 343,956 |
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BRIM Biotechnology Trading Date Momentum on September 4, 2024
| On September 05 2024 BRIM Biotechnology was traded for 47.25 at the closing time. The highest price during the trading period was 47.75 and the lowest recorded bid was listed for 47.00 . The volume for the day was 344 K. This history from September 5, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.21% . The overall trading delta to the current price is 1.17% . |
Price Boundaries
BRIM Biotechnology Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
BRIM Biotechnology cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
BRIM Biotechnology November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how BRIM Biotechnology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BRIM Biotechnology shares will generate the highest return on investment. By undertsting and applying BRIM Biotechnology stock market strength indicators, traders can identify BRIM Biotechnology entry and exit signals to maximize returns
BRIM Biotechnology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BRIM Biotechnology's price direction in advance. Along with the technical and fundamental analysis of BRIM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BRIM 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 | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.6749 |
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Additional Tools for BRIM Stock Analysis
When running BRIM Biotechnology's price analysis, check to measure BRIM Biotechnology'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 BRIM Biotechnology is operating at the current time. Most of BRIM Biotechnology's value examination focuses on studying past and present price action to predict the probability of BRIM Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRIM Biotechnology's price. Additionally, you may evaluate how the addition of BRIM Biotechnology to your portfolios can decrease your overall portfolio volatility.