Brighton Best (Taiwan) Price on December 12, 2023
| 8415 Stock | TWD 34.20 1.20 3.64% |
If you're considering investing in Brighton Stock, it is important to understand the factors that can impact its price. As of today, the current price of Brighton Best stands at 34.20, as last reported on the 22nd of December, with the highest price reaching 34.20 and the lowest price hitting 32.90 during the day. At this stage we consider Brighton Stock to be very steady. Brighton Best Intern secures Sharpe Ratio (or Efficiency) of 0.0134, which signifies that the company had a 0.0134% return per unit of risk over the last 3 months. We have found thirty technical indicators for Brighton Best International Taiwan, which you can use to evaluate the volatility of the firm. Please confirm Brighton Best's Risk Adjusted Performance of 0.0297, mean deviation of 0.8642, and Downside Deviation of 0.9741 to double-check if the risk estimate we provide is consistent with the expected return of 0.0158%.
Brighton Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Brighton |
Sharpe Ratio = 0.0134
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 8415 |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Brighton Best is performing at about 1% 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 Brighton Best by adding it to a well-diversified portfolio.
Brighton Best Valuation on December 12, 2023
It is possible to determine the worth of Brighton Best on a given historical date. On December 12, 2023 Brighton was worth 33.23 at the beginning of the trading date compared to the closed value of 33.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Brighton Best stock. Still, in general, we apply an absolute valuation method to find Brighton Best'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 Brighton Best where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Brighton Best's related companies.
| Open | High | Low | Close | Volume | |
| 33.03 | 33.56 | 32.75 | 33.23 | 140,000 | |
12/12/2023 | 33.23 | 33.61 | 32.75 | 33.61 | 359,000 |
| 33.37 | 33.37 | 32.89 | 32.99 | 310,000 |
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Brighton Best Trading Date Momentum on December 12, 2023
| On December 13 2023 Brighton Best International Taiwan was traded for 32.99 at the closing time. The highest price during the trading period was 33.37 and the lowest recorded bid was listed for 32.89 . The volume for the day was 310 K. This history from December 13, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.84% . The overall trading delta to the current price is 0.57% . |
Brighton Best Intern Fundamentals Correlations and Trends
By evaluating Brighton Best'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 Brighton Best's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Brighton financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Brighton Best Stock history
Brighton Best 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 Brighton is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Brighton Best Intern 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 Brighton Best stock prices may prove useful in developing a viable investing in Brighton Best
Brighton-Best International Inc. distributes fasteners primarily in Taiwan, North America, and Oceania. Brighton-Best International Inc. is a subsidiary of Ta Chen Stainless Pipe Co., Ltd. BRIGHTON BEST is traded on Taiwan OTC Exchange in Taiwan.
Brighton Best Stock Technical Analysis
Brighton Best 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
Brighton Best Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Brighton Best International Taiwan 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.
Brighton Best December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Brighton Best stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brighton Best shares will generate the highest return on investment. By undertsting and applying Brighton Best stock market strength indicators, traders can identify Brighton Best International Taiwan entry and exit signals to maximize returns
Brighton Best Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Brighton Best's price direction in advance. Along with the technical and fundamental analysis of Brighton Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Brighton 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 | 0.0297 | |||
| Jensen Alpha | 0.0258 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0093 | |||
| Treynor Ratio | 0.1282 |
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Additional Tools for Brighton Stock Analysis
When running Brighton Best's price analysis, check to measure Brighton Best'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 Brighton Best is operating at the current time. Most of Brighton Best's value examination focuses on studying past and present price action to predict the probability of Brighton Best's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brighton Best's price. Additionally, you may evaluate how the addition of Brighton Best to your portfolios can decrease your overall portfolio volatility.