Formosa Laboratories (Taiwan) Price History

4746 Stock  TWD 75.60  0.60  0.80%   
If you're considering investing in Formosa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Formosa Laboratories stands at 75.60, as last reported on the 29th of November, with the highest price reaching 75.60 and the lowest price hitting 73.00 during the day. Formosa Laboratories secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Formosa Laboratories exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Formosa Laboratories' Standard Deviation of 1.97, mean deviation of 1.42, and Variance of 3.87 to check the risk estimate we provide.
  
Formosa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1695

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Negative Returns4746

Estimated Market Risk

 1.94
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Formosa Laboratories 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 Formosa Laboratories by adding Formosa Laboratories to a well-diversified portfolio.

Formosa Laboratories Stock Price History Chart

There are several ways to analyze Formosa Stock price data. The simplest method is using a basic Formosa candlestick price chart, which shows Formosa Laboratories price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 23, 2024104.0
Lowest PriceNovember 27, 202475.0

Formosa Laboratories November 29, 2024 Stock Price Synopsis

Various analyses of Formosa Laboratories' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Formosa Stock. It can be used to describe the percentage change in the price of Formosa Laboratories from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Formosa Stock.
Formosa Laboratories Price Daily Balance Of Power 0.23 
Formosa Laboratories Price Action Indicator 1.60 
Formosa Laboratories Price Rate Of Daily Change 1.01 

Formosa Laboratories November 29, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Formosa Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Formosa Laboratories intraday prices and daily technical indicators to check the level of noise trading in Formosa Stock and then apply it to test your longer-term investment strategies against Formosa.

Formosa Stock Price History Data

The price series of Formosa Laboratories for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 29.0 with a coefficient of variation of 6.83. The prices are distributed with arithmetic mean of 90.86. The median price for the last 90 days is 91.6. The company had 1949:1934 stock split on 5th of March 2020. Formosa Laboratories issued dividends on 2022-07-27.
OpenHighLowCloseVolume
11/29/2024
 75.30  75.60  73.00  75.60 
11/28/2024 75.30  75.60  73.00  75.60  1,869,095 
11/27/2024 78.20  78.90  75.00  75.00  2,885,960 
11/26/2024 79.90  79.90  78.20  78.20  1,693,945 
11/25/2024 79.30  79.70  78.70  79.50  1,523,114 
11/22/2024 79.30  80.20  78.70  79.10  1,088,969 
11/21/2024 79.60  80.40  78.60  78.70  1,848,304 
11/20/2024 80.50  80.90  78.70  79.10  2,329,750 
11/19/2024 83.30  83.80  78.70  79.90  3,557,512 
11/18/2024 85.50  86.00  82.20  83.40  1,157,165 
11/15/2024 89.60  89.70  86.20  86.30  1,378,684 
11/14/2024 91.10  92.20  89.10  89.30  540,972 
11/13/2024 91.10  92.40  91.00  91.00  289,403 
11/12/2024 91.50  92.30  90.50  91.60  372,677 
11/11/2024 91.70  92.40  90.70  91.80  234,476 
11/08/2024 91.50  92.40  91.30  91.60  466,268 
11/07/2024 90.70  92.40  90.60  91.20  642,877 
11/06/2024 91.90  91.90  89.30  89.80  850,758 
11/05/2024 91.10  92.50  90.90  91.90  238,883 
11/04/2024 91.20  91.90  91.00  91.00  217,107 
11/01/2024 89.30  91.30  88.30  91.20  370,666 
10/31/2024 90.00  90.00  90.00  90.00  1.00 
10/30/2024 91.10  91.20  90.00  90.00  402,769 
10/29/2024 91.90  92.80  89.80  91.30  625,233 
10/28/2024 92.40  93.20  91.10  91.10  492,928 
10/25/2024 92.00  93.40  91.60  92.50  301,930 
10/24/2024 92.20  93.50  91.70  91.90  485,900 
10/23/2024 91.60  93.40  91.60  92.50  625,736 
10/22/2024 91.80  91.90  91.00  91.50  236,431 
10/21/2024 91.40  92.10  91.20  91.70  204,515 
10/18/2024 92.20  92.60  91.20  91.30  333,765 
10/17/2024 93.10  93.50  91.90  92.10  379,000 
10/16/2024 91.20  92.70  91.20  92.40  339,419 
10/15/2024 93.30  93.30  91.60  91.60  408,100 
10/14/2024 92.10  92.60  91.60  92.40  386,986 
10/11/2024 91.30  92.00  90.20  91.80  478,545 
10/09/2024 93.50  94.20  91.00  91.10  1,198,226 
10/08/2024 95.80  96.30  92.50  93.30  1,056,598 
10/07/2024 97.90  98.20  95.10  95.80  674,941 
10/04/2024 99.60  100.00  96.70  97.30  502,828 
10/03/2024 99.00  99.00  99.00  99.00  1.00 
10/02/2024 99.00  99.00  99.00  99.00  1.00 
10/01/2024 99.60  100.00  98.80  99.00  393,458 
09/30/2024 99.50  102.00  99.00  99.00  846,912 
09/27/2024 98.70  100.50  98.10  99.70  891,263 
09/26/2024 101.00  102.00  98.10  98.10  1,254,677 
09/25/2024 101.00  102.50  101.00  101.00  691,547 
09/24/2024 104.00  104.50  100.50  101.00  1,264,787 
09/23/2024 101.00  105.00  100.00  104.00  2,496,948 
09/20/2024 94.70  102.00  94.70  99.40  3,634,925 
09/19/2024 93.50  93.50  92.40  93.20  506,942 
09/18/2024 90.50  93.30  90.50  92.90  1,019,087 
09/16/2024 88.50  90.10  88.50  90.00  651,206 
09/13/2024 88.90  88.90  87.20  87.90  300,768 
09/12/2024 87.40  88.40  87.30  87.60  380,613 
09/11/2024 87.80  88.00  87.00  87.00  254,086 
09/10/2024 88.00  89.40  87.10  87.40  544,469 
09/09/2024 87.00  88.00  86.30  87.50  657,316 
09/06/2024 87.00  89.00  87.00  88.40  439,163 
09/05/2024 89.00  90.00  87.00  87.00  720,713 
09/04/2024 90.20  90.20  87.20  88.10  1,300,160 

About Formosa Laboratories Stock history

Formosa Laboratories 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 Formosa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Formosa Laboratories 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 Formosa Laboratories stock prices may prove useful in developing a viable investing in Formosa Laboratories
Formosa Laboratories, Inc. produces and sells active pharmaceutical ingredients and UV-filters worldwide. The company was founded in 1995 and is based in Taoyuan, Taiwan. FORMOSA LABORATORIES operates under Drug Manufacturers - Specialty Generic classification in Taiwan and is traded on Taiwan Stock Exchange.

Formosa Laboratories Stock Technical Analysis

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

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Formosa Laboratories Technical and Predictive Indicators

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

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