Mega Financial (Taiwan) Price on February 3, 2023
| 2886 Stock | TWD 39.70 0.25 0.63% |
If you're considering investing in Mega Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mega Financial stands at 39.70, as last reported on the 11th of December 2024, with the highest price reaching 40.10 and the lowest price hitting 39.50 during the day. At this stage we consider Mega Stock to be very steady. Mega Financial Holding has Sharpe Ratio of 0.0418, which conveys that the firm had a 0.0418% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mega Financial, which you can use to evaluate the volatility of the firm. Please verify Mega Financial's Mean Deviation of 0.575, downside deviation of 0.9099, and Risk Adjusted Performance of 0.0328 to check out if the risk estimate we provide is consistent with the expected return of 0.0315%.
Mega Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mega |
Sharpe Ratio = 0.0418
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2886 |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Mega Financial is performing at about 3% 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 Mega Financial by adding it to a well-diversified portfolio.
Mega Financial Valuation on February 3, 2023
It is possible to determine the worth of Mega Financial on a given historical date. On February 3, 2023 Mega was worth 31.33 at the beginning of the trading date compared to the closed value of 31.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mega Financial stock. Still, in general, we apply an absolute valuation method to find Mega Financial'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 Mega Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mega Financial's related companies.
| Open | High | Low | Close | Volume | |
| 31.28 | 31.57 | 30.95 | 31.57 | 22,170,492 | |
02/03/2023 | 31.33 | 31.43 | 31.14 | 31.19 | 10,776,486 |
| 31.14 | 31.23 | 30.85 | 30.85 | 13,974,391 |
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Mega Financial Trading Date Momentum on February 3, 2023
| On February 06 2023 Mega Financial Holding was traded for 30.85 at the closing time. The highest price during the trading period was 31.23 and the lowest recorded bid was listed for 30.85 . The volume for the day was 14 M. This history from February 6, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.09% . The trading delta at closing time to the current price is 0.61% . |
Mega Financial Holding Fundamentals Correlations and Trends
By evaluating Mega Financial'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 Mega Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mega financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mega Financial Stock history
Mega Financial 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 Mega is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mega Financial Holding 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 Mega Financial stock prices may prove useful in developing a viable investing in Mega Financial
Mega Financial Holding Co., Ltd., provides various financial services in Taiwan and internationally. The company was incorporated in 2002 and is headquartered in Taipei, Taiwan. MEGA FINANCIAL operates under BanksRegional classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 9570 people.
Mega Financial Stock Technical Analysis
Mega Financial 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
Mega Financial Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Mega Financial Holding 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.
Mega Financial December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Mega Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mega Financial shares will generate the highest return on investment. By undertsting and applying Mega Financial stock market strength indicators, traders can identify Mega Financial Holding entry and exit signals to maximize returns
Mega Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mega Financial's price direction in advance. Along with the technical and fundamental analysis of Mega Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mega 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 | 0.0328 | |||
| Jensen Alpha | 0.0266 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | (0.89) |
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Additional Tools for Mega Stock Analysis
When running Mega Financial's price analysis, check to measure Mega Financial'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 Mega Financial is operating at the current time. Most of Mega Financial's value examination focuses on studying past and present price action to predict the probability of Mega Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mega Financial's price. Additionally, you may evaluate how the addition of Mega Financial to your portfolios can decrease your overall portfolio volatility.