Cipherlab (Taiwan) Price on December 18, 2024
| 6160 Stock | TWD 23.30 0.35 1.53% |
If you're considering investing in Cipherlab Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cipherlab stands at 23.30, as last reported on the 20th of December, with the highest price reaching 23.90 and the lowest price hitting 23.15 during the day. Cipherlab secures Sharpe Ratio (or Efficiency) of -0.0767, which signifies that the company had a -0.0767% return per unit of risk over the last 3 months. Cipherlab Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cipherlab's Standard Deviation of 1.71, mean deviation of 1.34, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
Cipherlab Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cipherlab |
Sharpe Ratio = -0.0767
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| Negative Returns | 6160 |
Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.13 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 Cipherlab 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 Cipherlab by adding Cipherlab to a well-diversified portfolio.
Cipherlab Valuation on December 18, 2024
It is possible to determine the worth of Cipherlab on a given historical date. On December 18, 2024 Cipherlab was worth 23.2 at the beginning of the trading date compared to the closed value of 23.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cipherlab stock. Still, in general, we apply an absolute valuation method to find Cipherlab'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 Cipherlab where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cipherlab's related companies.
| Open | High | Low | Close | Volume | |
| 22.75 | 23.35 | 22.75 | 23.05 | 140,559 | |
12/18/2024 | 23.20 | 23.85 | 23.20 | 23.55 | 134,194 |
| 22.65 | 23.35 | 22.55 | 22.95 | 204,276 |
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Cipherlab Trading Date Momentum on December 18, 2024
| On December 19 2024 Cipherlab Co was traded for 22.95 at the closing time. The highest price during the trading period was 23.35 and the lowest recorded bid was listed for 22.55 . The volume for the day was 204.3 K. This history from December 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.55% . The overall trading delta to the current price is 0.21% . |
Cipherlab Fundamentals Correlations and Trends
By evaluating Cipherlab'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 Cipherlab's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cipherlab financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cipherlab Stock history
Cipherlab 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 Cipherlab is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cipherlab 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 Cipherlab stock prices may prove useful in developing a viable investing in Cipherlab
Cipherlab Stock Technical Analysis
Cipherlab 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
Cipherlab Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Cipherlab 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.
Cipherlab December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Cipherlab stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cipherlab shares will generate the highest return on investment. By undertsting and applying Cipherlab stock market strength indicators, traders can identify Cipherlab Co entry and exit signals to maximize returns
Cipherlab Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cipherlab's price direction in advance. Along with the technical and fundamental analysis of Cipherlab Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cipherlab 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 | (0.06) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.98) |
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Additional Tools for Cipherlab Stock Analysis
When running Cipherlab's price analysis, check to measure Cipherlab'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 Cipherlab is operating at the current time. Most of Cipherlab's value examination focuses on studying past and present price action to predict the probability of Cipherlab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cipherlab's price. Additionally, you may evaluate how the addition of Cipherlab to your portfolios can decrease your overall portfolio volatility.