Launch Technologies (Taiwan) Price on October 16, 2024
| 8420 Stock | TWD 40.60 0.40 0.98% |
If you're considering investing in Launch Stock, it is important to understand the factors that can impact its price. As of today, the current price of Launch Technologies stands at 40.60, as last reported on the 28th of November, with the highest price reaching 40.60 and the lowest price hitting 40.60 during the day. Launch Technologies has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Launch Technologies exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Launch Technologies' Standard Deviation of 0.7368, mean deviation of 0.5257, and Risk Adjusted Performance of (0.1) to check out the risk estimate we provide.
Launch Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Launch |
Sharpe Ratio = -0.1278
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| Negative Returns | 8420 |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Launch Technologies 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 Launch Technologies by adding Launch Technologies to a well-diversified portfolio.
Launch Technologies Valuation on October 16, 2024
It is possible to determine the worth of Launch Technologies on a given historical date. On October 16, 2024 Launch was worth 42.2 at the beginning of the trading date compared to the closed value of 42.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Launch Technologies stock. Still, in general, we apply an absolute valuation method to find Launch Technologies' 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 Launch Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Launch Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 42.00 | 42.40 | 41.95 | 42.40 | 67,750 | |
10/16/2024 | 42.20 | 42.30 | 42.10 | 42.25 | 53,014 |
| 42.25 | 42.25 | 42.25 | 42.25 | 16,335 |
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Launch Technologies Trading Date Momentum on October 16, 2024
| On October 17 2024 Launch Technologies Co was traded for 42.25 at the closing time. The highest price during the trading period was 42.25 and the lowest recorded bid was listed for 42.25 . The volume for the day was 16.3 K. This history from October 17, 2024 did not cause price change. The trading delta at closing time to the current price is 0.12% . |
Launch Technologies Fundamentals Correlations and Trends
By evaluating Launch Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Launch Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Launch financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Launch Technologies Stock history
Launch Technologies 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 Launch is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Launch Technologies 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 Launch Technologies stock prices may prove useful in developing a viable investing in Launch Technologies
Launch Technologies Co., Ltd. engages in the research and development, manufacture, and sale of golf balls in Taiwan and internationally. The company was founded in 2006 and is headquartered in Pingtung, Taiwan. LAUNCH TECHNOLOGIES operates under Leisure classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 526 people.
Launch Technologies Stock Technical Analysis
Launch Technologies 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
Launch Technologies Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Launch Technologies Co 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.
Launch Technologies November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Launch Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Launch Technologies shares will generate the highest return on investment. By undertsting and applying Launch Technologies stock market strength indicators, traders can identify Launch Technologies Co entry and exit signals to maximize returns
Launch Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Launch Technologies' price direction in advance. Along with the technical and fundamental analysis of Launch Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Launch 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 | (0.1) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (1.66) |
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Additional Tools for Launch Stock Analysis
When running Launch Technologies' price analysis, check to measure Launch Technologies' 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 Launch Technologies is operating at the current time. Most of Launch Technologies' value examination focuses on studying past and present price action to predict the probability of Launch Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Launch Technologies' price. Additionally, you may evaluate how the addition of Launch Technologies to your portfolios can decrease your overall portfolio volatility.