TBI Motion (Taiwan) Price on July 19, 2024
| 4540 Stock | 53.70 3.60 6.28% |
If you're considering investing in TBI Stock, it is important to understand the factors that can impact its price. As of today, the current price of TBI Motion stands at 53.70, as last reported on the 23rd of December, with the highest price reaching 57.00 and the lowest price hitting 53.50 during the day. TBI Motion appears to be very steady, given 3 months investment horizon. TBI Motion Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the company had a 0.11% return per unit of volatility over the last 3 months. We have found thirty technical indicators for TBI Motion Technology, which you can use to evaluate the volatility of the entity. Please review TBI Motion's Downside Deviation of 2.87, market risk adjusted performance of (0.86), and Risk Adjusted Performance of 0.0974 to confirm if our risk estimates are consistent with your expectations.
TBI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TBI |
Sharpe Ratio = 0.1105
| Best Portfolio | Best Equity | |||
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| Small Returns | 4540 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.86 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average TBI Motion is performing at about 8% 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 TBI Motion by adding it to a well-diversified portfolio.
TBI Motion Valuation on July 19, 2024
It is possible to determine the worth of TBI Motion on a given historical date. On July 19, 2024 TBI was worth 38.25 at the beginning of the trading date compared to the closed value of 37.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TBI Motion stock. Still, in general, we apply an absolute valuation method to find TBI Motion'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 TBI Motion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TBI Motion's related companies.
| Open | High | Low | Close | Volume | |
| 37.15 | 38.45 | 36.50 | 37.65 | 1,031,112 | |
07/19/2024 | 38.25 | 38.25 | 37.25 | 37.50 | 859,052 |
| 37.50 | 37.60 | 35.20 | 36.05 | 699,648 |
| Backtest TBI Motion | | | TBI Motion History | | | TBI Motion Valuation | Previous | Next |
TBI Motion Trading Date Momentum on July 19, 2024
| On July 22 2024 TBI Motion Technology was traded for 36.05 at the closing time. The highest price during the trading period was 37.60 and the lowest recorded bid was listed for 35.20 . The volume for the day was 699.6 K. This history from July 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.87% . The trading price change to the current price is 8.40% . |
TBI Motion Technology Fundamentals Correlations and Trends
By evaluating TBI Motion'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 TBI Motion's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TBI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TBI Motion Stock history
TBI Motion 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 TBI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TBI Motion 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 TBI Motion stock prices may prove useful in developing a viable investing in TBI Motion
TBI Motion Stock Technical Analysis
TBI Motion 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
TBI Motion Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
TBI Motion Technology 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.
TBI Motion December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how TBI Motion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TBI Motion shares will generate the highest return on investment. By undertsting and applying TBI Motion stock market strength indicators, traders can identify TBI Motion Technology entry and exit signals to maximize returns
TBI Motion Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TBI Motion's price direction in advance. Along with the technical and fundamental analysis of TBI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TBI 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 | 0.0974 | |||
| Jensen Alpha | 0.4331 | |||
| Total Risk Alpha | 0.3152 | |||
| Sortino Ratio | 0.1396 | |||
| Treynor Ratio | (0.87) |
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Additional Tools for TBI Stock Analysis
When running TBI Motion's price analysis, check to measure TBI Motion'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 TBI Motion is operating at the current time. Most of TBI Motion's value examination focuses on studying past and present price action to predict the probability of TBI Motion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TBI Motion's price. Additionally, you may evaluate how the addition of TBI Motion to your portfolios can decrease your overall portfolio volatility.