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.

Sharpe Ratio = -0.1358

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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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Open Value
38.29
38.33
Closing Value
43.43
Upside

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

Microbio Period Price Range

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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.

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.