Global Brands (Taiwan) Price on November 4, 2024

6191 Stock  TWD 52.90  1.20  2.22%   
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. As of today, the current price of Global Brands stands at 52.90, as last reported on the 12th of December 2024, with the highest price reaching 54.20 and the lowest price hitting 52.60 during the day. Global Brands Manufacture holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Global Brands Manufacture exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Brands' Risk Adjusted Performance of (0.11), standard deviation of 1.35, and Market Risk Adjusted Performance of (5.09) to validate the risk estimate we provide.
  
Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.117

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Estimated Market Risk

 1.31
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Global Brands 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 Global Brands by adding Global Brands to a well-diversified portfolio.

Global Brands Valuation on November 4, 2024

It is possible to determine the worth of Global Brands on a given historical date. On November 4, 2024 Global was worth 59.7 at the beginning of the trading date compared to the closed value of 58.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Brands stock. Still, in general, we apply an absolute valuation method to find Global Brands' 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 Global Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Brands' related companies.
 Open High Low Close Volume
  58.00    58.90    57.60    58.90    2,771,813  
11/04/2024
  59.70    60.20    58.70    58.70    2,449,732  
  58.60    59.00    58.40    58.50    1,289,634  
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Open Value
59.7
58.7
Closing Value
63.64
Upside

Global Brands Trading Date Momentum on November 4, 2024

On November 05 2024 Global Brands Manufacture was traded for  58.50  at the closing time. The highest price during the trading period was 59.00  and the lowest recorded bid was listed for  58.40 . The volume for the day was 1.3 M. This history from November 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.34% . The overall trading delta to the current price is 5.11% .

Global Brands Manufacture Fundamentals Correlations and Trends

By evaluating Global Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Global Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Global Brands Stock history

Global Brands 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Brands Manufacture 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 Global Brands stock prices may prove useful in developing a viable investing in Global Brands
Global Brands Manufacture Ltd. engages in the PCB production and EMS businesses in Taiwan and internationally. Global Brands Manufacture Ltd. was founded in 1973 and is based in Taipei City, Taiwan. GLOBAL BRANDS operates under Contract Manufacturers classification in Taiwan and is traded on Taiwan Stock Exchange.

Global Brands Stock Technical Analysis

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

Global Brands Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Global Brands Manufacture 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.

Global Brands December 12, 2024 Market Strength

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

Global Brands Technical and Predictive Indicators

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

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