Cayenne Entertainment (Taiwan) Price on September 26, 2023

4946 Stock  TWD 39.00  0.15  0.38%   
If you're considering investing in Cayenne Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cayenne Entertainment stands at 39.00, as last reported on the 4th of December, with the highest price reaching 39.45 and the lowest price hitting 38.85 during the day. Cayenne Entertainment secures Sharpe Ratio (or Efficiency) of -0.0777, which signifies that the company had a -0.0777% return per unit of risk over the last 3 months. Cayenne Entertainment Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cayenne Entertainment's Mean Deviation of 2.99, risk adjusted performance of (0.06), and Standard Deviation of 4.8 to double-check the risk estimate we provide.
  
Cayenne Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0777

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Negative Returns4946

Estimated Market Risk

 4.93
  actual daily
43
57% of assets are more volatile

Expected Return

 -0.38
  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 Cayenne Entertainment 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 Cayenne Entertainment by adding Cayenne Entertainment to a well-diversified portfolio.

Cayenne Entertainment Valuation on September 26, 2023

It is possible to determine the worth of Cayenne Entertainment on a given historical date. On September 26, 2023 Cayenne was worth 40.3 at the beginning of the trading date compared to the closed value of 40.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cayenne Entertainment stock. Still, in general, we apply an absolute valuation method to find Cayenne Entertainment'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 Cayenne Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cayenne Entertainment's related companies.
 Open High Low Close Volume
  41.06    41.27    40.58    40.58    30,533  
09/26/2023
  40.30    41.82    40.30    40.58    31,987  
  40.65    41.06    40.44    40.58    9,450  
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Open Value
40.3
40.58
Closing Value
55.09
Upside

Cayenne Entertainment Trading Date Momentum on September 26, 2023

On September 27 2023 Cayenne Entertainment Technology was traded for  40.58  at the closing time. The highest price during the trading period was 41.06  and the lowest recorded bid was listed for  40.44 . The volume for the day was 9.4 K. This history from September 27, 2023 did not affect price variability. The overall trading delta to the current price is 11.71% .

Cayenne Entertainment Fundamentals Correlations and Trends

By evaluating Cayenne Entertainment'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 Cayenne Entertainment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cayenne financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cayenne Entertainment Stock history

Cayenne Entertainment 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 Cayenne is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cayenne Entertainment 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 Cayenne Entertainment stock prices may prove useful in developing a viable investing in Cayenne Entertainment
Cayenne Entertainment Technology Co., Ltd. provides various casual gaming services to online entertainment community in Taiwan. The company was founded in 2006 and is headquartered in Taipei City, Taiwan. CAYENNE ENTERTAINMENT operates under Electronic Gaming Multimedia classification in Taiwan and is traded on Taiwan OTC Exchange.

Cayenne Entertainment Stock Technical Analysis

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

Cayenne Entertainment Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

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Cayenne Entertainment 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.

Cayenne Entertainment December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Cayenne Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cayenne Entertainment shares will generate the highest return on investment. By undertsting and applying Cayenne Entertainment stock market strength indicators, traders can identify Cayenne Entertainment Technology entry and exit signals to maximize returns

Cayenne Entertainment Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cayenne Entertainment's price direction in advance. Along with the technical and fundamental analysis of Cayenne Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cayenne 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 Cayenne Stock Analysis

When running Cayenne Entertainment's price analysis, check to measure Cayenne Entertainment'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 Cayenne Entertainment is operating at the current time. Most of Cayenne Entertainment's value examination focuses on studying past and present price action to predict the probability of Cayenne Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cayenne Entertainment's price. Additionally, you may evaluate how the addition of Cayenne Entertainment to your portfolios can decrease your overall portfolio volatility.