Asia Metal (Taiwan) Price on April 26, 2023
| 6727 Stock | 86.30 0.90 1.05% |
If you're considering investing in Asia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asia Metal stands at 86.30, as last reported on the 11th of December 2024, with the highest price reaching 86.30 and the lowest price hitting 84.00 during the day. At this stage we consider Asia Stock to be very steady. Asia Metal Industries secures Sharpe Ratio (or Efficiency) of 0.0573, which signifies that the company had a 0.0573% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Asia Metal Industries, which you can use to evaluate the volatility of the firm. Please confirm Asia Metal's Mean Deviation of 2.11, risk adjusted performance of 0.0884, and Downside Deviation of 2.93 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
Asia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asia |
Sharpe Ratio = 0.0573
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 6727 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Asia Metal is performing at about 4% 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 Asia Metal by adding it to a well-diversified portfolio.
Asia Metal Valuation on April 26, 2023
It is possible to determine the worth of Asia Metal on a given historical date. On April 26, 2023 Asia was worth 69.5 at the beginning of the trading date compared to the closed value of 66.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Metal stock. Still, in general, we apply an absolute valuation method to find Asia Metal'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 Asia Metal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Metal's related companies.
| Open | High | Low | Close | Volume | |
| 70.50 | 70.90 | 65.79 | 65.79 | 269,551 | |
04/26/2023 | 69.50 | 70.80 | 66.73 | 66.73 | 310,792 |
| 66.20 | 67.10 | 65.30 | 67.00 | 254,793 |
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Asia Metal Trading Date Momentum on April 26, 2023
| On April 27 2023 Asia Metal Industries was traded for 67.00 at the closing time. The highest price during the trading period was 67.10 and the lowest recorded bid was listed for 65.30 . The volume for the day was 254.8 K. This history from April 27, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.40% . The overall trading delta to the current price is 0.10% . |
Asia Metal Industries Fundamentals Correlations and Trends
By evaluating Asia Metal'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 Asia Metal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asia Metal Stock history
Asia Metal 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 Asia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asia Metal Industries 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 Asia Metal stock prices may prove useful in developing a viable investing in Asia Metal
Asia Metal Stock Technical Analysis
Asia Metal 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
Asia Metal Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Asia Metal Industries 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.
Asia Metal December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Metal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asia Metal shares will generate the highest return on investment. By undertsting and applying Asia Metal stock market strength indicators, traders can identify Asia Metal Industries entry and exit signals to maximize returns
Asia Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Metal's price direction in advance. Along with the technical and fundamental analysis of Asia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asia 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 | 0.0884 | |||
| Jensen Alpha | 0.247 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0693 | |||
| Treynor Ratio | 0.514 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Asia Stock Analysis
When running Asia Metal's price analysis, check to measure Asia Metal'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 Asia Metal is operating at the current time. Most of Asia Metal's value examination focuses on studying past and present price action to predict the probability of Asia Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Metal's price. Additionally, you may evaluate how the addition of Asia Metal to your portfolios can decrease your overall portfolio volatility.