Casing Macron (Taiwan) Price on September 9, 2024
| 3325 Stock | TWD 19.75 0.20 1.02% |
If you're considering investing in Casing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Casing Macron stands at 19.75, as last reported on the 26th of December, with the highest price reaching 19.80 and the lowest price hitting 19.60 during the day. Casing Macron Technology secures Sharpe Ratio (or Efficiency) of -0.081, which signifies that the company had a -0.081% return per unit of risk over the last 3 months. Casing Macron Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Casing Macron's Mean Deviation of 1.65, standard deviation of 2.55, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
Casing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Casing |
Sharpe Ratio = -0.081
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| Negative Returns | 3325 |
Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Casing Macron 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 Casing Macron by adding Casing Macron to a well-diversified portfolio.
Casing Macron Valuation on September 9, 2024
It is possible to determine the worth of Casing Macron on a given historical date. On September 9, 2024 Casing was worth 22.85 at the beginning of the trading date compared to the closed value of 23.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Casing Macron stock. Still, in general, we apply an absolute valuation method to find Casing Macron'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 Casing Macron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Casing Macron's related companies.
| Open | High | Low | Close | Volume | |
| 22.65 | 23.10 | 22.65 | 22.95 | 149,876 | |
09/09/2024 | 22.85 | 23.15 | 22.40 | 23.15 | 176,421 |
| 23.50 | 23.50 | 22.10 | 22.20 | 278,243 |
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Casing Macron Trading Date Momentum on September 9, 2024
| On September 10 2024 Casing Macron Technology was traded for 22.20 at the closing time. The highest price during the trading period was 23.50 and the lowest recorded bid was listed for 22.10 . The volume for the day was 278.2 K. This history from September 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.10% . The overall trading delta to the current price is 2.81% . |
Casing Macron Technology Fundamentals Correlations and Trends
By evaluating Casing Macron'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 Casing Macron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Casing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Casing Macron Stock history
Casing Macron 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 Casing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Casing Macron Technology 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 Casing Macron stock prices may prove useful in developing a viable investing in Casing Macron
Casing Macron Stock Technical Analysis
Casing Macron 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
Casing Macron Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Casing Macron Technology 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.
Casing Macron December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Casing Macron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Casing Macron shares will generate the highest return on investment. By undertsting and applying Casing Macron stock market strength indicators, traders can identify Casing Macron Technology entry and exit signals to maximize returns
Casing Macron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Casing Macron's price direction in advance. Along with the technical and fundamental analysis of Casing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Casing 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 | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 2.88 |
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Additional Tools for Casing Stock Analysis
When running Casing Macron's price analysis, check to measure Casing Macron'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 Casing Macron is operating at the current time. Most of Casing Macron's value examination focuses on studying past and present price action to predict the probability of Casing Macron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Casing Macron's price. Additionally, you may evaluate how the addition of Casing Macron to your portfolios can decrease your overall portfolio volatility.