Microbio (Taiwan) Price on June 7, 2024
4128 Stock | TWD 36.75 0.65 1.74% |
If you're considering investing in Microbio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Microbio stands at 36.75, as last reported on the 11th of December 2024, with the highest price reaching 37.90 and the lowest price hitting 36.75 during the day. Microbio has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Microbio exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Microbio's Standard Deviation of 2.03, risk adjusted performance of (0.04), and Mean Deviation of 1.4 to check out the risk estimate we provide.
Microbio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Microbio |
Sharpe Ratio = -0.1358
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 4128 |
Estimated Market Risk
1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Microbio 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 Microbio by adding Microbio to a well-diversified portfolio.
Microbio Valuation on June 7, 2024
It is possible to determine the worth of Microbio on a given historical date. On June 7, 2024 Microbio was worth 38.29 at the beginning of the trading date compared to the closed value of 38.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Microbio stock. Still, in general, we apply an absolute valuation method to find Microbio'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 Microbio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Microbio's related companies.
Open | High | Low | Close | Volume | |
39.62 | 39.62 | 38.10 | 38.14 | 2,966,249 | |
06/07/2024 | 38.29 | 38.67 | 38.19 | 38.33 | 1,393,349 |
38.29 | 39.33 | 38.24 | 38.33 | 2,274,299 |
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Microbio Trading Date Momentum on June 7, 2024
On June 11 2024 Microbio Co was traded for 38.33 at the closing time. The highest price during the trading period was 39.33 and the lowest recorded bid was listed for 38.24 . The volume for the day was 2.3 M. This history from June 11, 2024 did not cause price change. The trading delta at closing time to the current price is 1.49% . |
Microbio Fundamentals Correlations and Trends
By evaluating Microbio'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 Microbio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Microbio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Microbio Stock history
Microbio 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 Microbio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Microbio 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 Microbio stock prices may prove useful in developing a viable investing in Microbio
Microbio Stock Technical Analysis
Microbio 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
Microbio Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Microbio 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.
Microbio December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Microbio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Microbio shares will generate the highest return on investment. By undertsting and applying Microbio stock market strength indicators, traders can identify Microbio Co entry and exit signals to maximize returns
Microbio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Microbio's price direction in advance. Along with the technical and fundamental analysis of Microbio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Microbio 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 | (0.04) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | (0.29) |
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Additional Tools for Microbio Stock Analysis
When running Microbio's price analysis, check to measure Microbio'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 Microbio is operating at the current time. Most of Microbio's value examination focuses on studying past and present price action to predict the probability of Microbio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microbio's price. Additionally, you may evaluate how the addition of Microbio to your portfolios can decrease your overall portfolio volatility.