Alexander Marine (Taiwan) Price on September 28, 2023

8478 Stock   236.50  1.50  0.64%   
If you're considering investing in Alexander Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alexander Marine stands at 236.50, as last reported on the 30th of November, with the highest price reaching 237.00 and the lowest price hitting 233.00 during the day. Alexander Marine secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the company had a -0.25% return per unit of standard deviation over the last 3 months. Alexander Marine Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alexander Marine's risk adjusted performance of (0.19), and Mean Deviation of 1.21 to double-check the risk estimate we provide.
  
Alexander Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2465

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Estimated Market Risk

 1.63
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.4
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.25
  actual daily
0
Most of other assets perform better
Based on monthly moving average Alexander Marine 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 Alexander Marine by adding Alexander Marine to a well-diversified portfolio.

Alexander Marine Valuation on September 28, 2023

It is possible to determine the worth of Alexander Marine on a given historical date. On September 28, 2023 Alexander was worth 370.84 at the beginning of the trading date compared to the closed value of 364.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alexander Marine stock. Still, in general, we apply an absolute valuation method to find Alexander Marine'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 Alexander Marine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alexander Marine's related companies.
 Open High Low Close Volume
  356.79    370.36    356.79    370.36    1,057,818  
09/28/2023
  370.84    373.75    364.06    364.54    945,484  
  368.42    379.09    368.42    375.21    1,032,623  
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Open Value
370.84
365.96
Downside
364.54
Closing Value
375.72
Upside

Alexander Marine Trading Date Momentum on September 28, 2023

On October 02 2023 Alexander Marine Co was traded for  375.21  at the closing time. The highest price during the trading period was 379.09  and the lowest recorded bid was listed for  368.42 . The volume for the day was 1 M. This history from October 2, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 2.93% . The overall trading delta to the current price is 5.32% .

Alexander Marine Fundamentals Correlations and Trends

By evaluating Alexander Marine'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 Alexander Marine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alexander financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Alexander Marine Stock history

Alexander Marine 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 Alexander is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alexander Marine 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 Alexander Marine stock prices may prove useful in developing a viable investing in Alexander Marine

Alexander Marine Stock Technical Analysis

Alexander Marine 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.
A focus of Alexander Marine technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alexander Marine trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Alexander Marine Period Price Range

Low
November 30, 2024
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High

 0.00 

     

 0.00 

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Alexander Marine November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Alexander Marine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alexander Marine shares will generate the highest return on investment. By undertsting and applying Alexander Marine stock market strength indicators, traders can identify Alexander Marine Co entry and exit signals to maximize returns

Alexander Marine Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alexander Marine's price direction in advance. Along with the technical and fundamental analysis of Alexander Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alexander 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.

Additional Tools for Alexander Stock Analysis

When running Alexander Marine's price analysis, check to measure Alexander Marine'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 Alexander Marine is operating at the current time. Most of Alexander Marine's value examination focuses on studying past and present price action to predict the probability of Alexander Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alexander Marine's price. Additionally, you may evaluate how the addition of Alexander Marine to your portfolios can decrease your overall portfolio volatility.