Merida Industry (Taiwan) Price on November 27, 2024

9914 Stock  TWD 161.00  1.00  0.63%   
If you're considering investing in Merida Stock, it is important to understand the factors that can impact its price. As of today, the current price of Merida Industry stands at 161.00, as last reported on the 2nd of December, with the highest price reaching 163.50 and the lowest price hitting 160.00 during the day. Merida Industry has Sharpe Ratio of -0.28, which conveys that the firm had a -0.28% return per unit of risk over the last 3 months. Merida Industry exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merida Industry's Standard Deviation of 2.21, mean deviation of 1.71, and Risk Adjusted Performance of (0.20) to check out the risk estimate we provide.
  
Merida Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2825

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Estimated Market Risk

 2.24
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.63
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.28
  actual daily
0
Most of other assets perform better
Based on monthly moving average Merida Industry 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 Merida Industry by adding Merida Industry to a well-diversified portfolio.

Merida Industry Valuation on November 27, 2024

It is possible to determine the worth of Merida Industry on a given historical date. On November 27, 2024 Merida was worth 163.0 at the beginning of the trading date compared to the closed value of 158.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merida Industry stock. Still, in general, we apply an absolute valuation method to find Merida Industry'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 Merida Industry where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merida Industry's related companies.
 Open High Low Close Volume
  160.00    164.00    159.00    163.50    951,781  
11/27/2024
  163.00    163.00    158.00    158.00    1,063,664  
  159.00    160.50    157.50    160.00    851,962  
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Open Value
163.0
156.28
Downside
158.0
Closing Value
169.72
Upside

Merida Industry Trading Date Momentum on November 27, 2024

On November 28 2024 Merida Industry Co was traded for  160.00  at the closing time. The highest price during the trading period was 160.50  and the lowest recorded bid was listed for  157.50 . The volume for the day was 852 K. This history from November 28, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.27% . The trading delta at closing time to the current price is 1.27% .

Merida Industry Fundamentals Correlations and Trends

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

About Merida Industry Stock history

Merida Industry 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 Merida is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Merida Industry 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 Merida Industry stock prices may prove useful in developing a viable investing in Merida Industry
Merida Industry Co., Ltd. engages in the processing, manufacture, and sale of bicycles and its components in Taiwan, rest of Asia, Europe, and internationally. Merida Industry Co., Ltd. was founded in 1972 and is headquartered in Changhua, Taiwan. MERIDA INDUSTRY operates under Leisure classification in Taiwan and is traded on Taiwan Stock Exchange.

Merida Industry Stock Technical Analysis

Merida Industry 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 Merida Industry technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Merida Industry 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

Merida Industry Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Merida Industry Co 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.

Merida Industry December 2, 2024 Market Strength

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

Merida Industry Technical and Predictive Indicators

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

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