Medtecs International (Taiwan) Price History

9103 Stock  TWD 6.28  0.08  1.29%   
If you're considering investing in Medtecs Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medtecs International stands at 6.28, as last reported on the 2nd of December, with the highest price reaching 6.32 and the lowest price hitting 6.16 during the day. Medtecs International has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16% return per unit of risk over the last 3 months. Medtecs International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medtecs International's Mean Deviation of 0.7263, risk adjusted performance of (0.12), and Standard Deviation of 1.09 to check out the risk estimate we provide.
  
Medtecs Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1617

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Estimated Market Risk

 1.11
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Medtecs International 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 Medtecs International by adding Medtecs International to a well-diversified portfolio.

Medtecs International Stock Price History Chart

There are several ways to analyze Medtecs Stock price data. The simplest method is using a basic Medtecs candlestick price chart, which shows Medtecs International 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 PriceOctober 1, 20246.82
Lowest PriceNovember 20, 20246.19

Medtecs International December 2, 2024 Stock Price Synopsis

Various analyses of Medtecs International's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Medtecs Stock. It can be used to describe the percentage change in the price of Medtecs International from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Medtecs Stock.
Medtecs International Price Rate Of Daily Change 1.01 
Medtecs International Price Action Indicator 0.08 
Medtecs International Price Daily Balance Of Power 0.50 

Medtecs International December 2, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Medtecs 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 Medtecs International intraday prices and daily technical indicators to check the level of noise trading in Medtecs Stock and then apply it to test your longer-term investment strategies against Medtecs.

Medtecs Stock Price History Data

The price series of Medtecs International for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 0.89 with a coefficient of variation of 3.34. The prices are distributed with arithmetic mean of 6.6. The median price for the last 90 days is 6.61. The company had 400:100 stock split on 11th of June 2007. Medtecs International issued dividends on 2022-06-14.
OpenHighLowCloseVolume
12/02/2024
 6.16  6.32  6.16  6.28 
11/29/2024 6.16  6.32  6.16  6.28  237,430 
11/28/2024 6.28  6.28  6.10  6.20  504,402 
11/27/2024 6.38  6.45  6.25  6.26  652,500 
11/26/2024 6.36  6.40  6.31  6.32  196,929 
11/25/2024 6.39  6.43  6.36  6.36  348,674 
11/22/2024 6.41  6.45  6.34  6.38  462,307 
11/21/2024 6.26  6.54  6.21  6.40  950,925 
11/20/2024 6.26  6.28  6.19  6.19  502,775 
11/19/2024 6.32  6.35  6.25  6.27  421,301 
11/18/2024 6.28  6.36  6.25  6.32  562,900 
11/15/2024 6.23  6.36  6.23  6.28  319,010 
11/14/2024 6.30  6.31  6.22  6.23  358,440 
11/13/2024 6.28  6.33  6.27  6.29  312,282 
11/12/2024 6.44  6.44  6.33  6.34  533,871 
11/11/2024 6.51  6.51  6.42  6.44  446,078 
11/08/2024 6.51  6.55  6.47  6.49  374,901 
11/07/2024 6.48  6.62  6.48  6.51  626,002 
11/06/2024 6.50  6.57  6.47  6.47  441,208 
11/05/2024 6.53  6.55  6.48  6.48  497,305 
11/04/2024 6.60  6.63  6.53  6.55  276,785 
11/01/2024 6.61  6.62  6.55  6.60  456,483 
10/31/2024 6.61  6.61  6.61  6.61  1.00 
10/30/2024 6.64  6.66  6.56  6.61  378,117 
10/29/2024 6.71  6.90  6.63  6.63  1,061,383 
10/28/2024 6.54  7.00  6.54  6.70  1,887,175 
10/25/2024 6.57  6.61  6.52  6.54  232,500 
10/24/2024 6.52  6.60  6.50  6.57  231,100 
10/23/2024 6.50  6.58  6.48  6.56  446,285 
10/22/2024 6.60  6.60  6.29  6.49  816,600 
10/21/2024 6.50  6.63  6.50  6.60  508,200 
10/18/2024 6.56  6.56  6.47  6.51  740,434 
10/17/2024 6.52  6.63  6.52  6.53  347,387 
10/16/2024 6.51  6.67  6.49  6.49  541,896 
10/15/2024 6.56  6.58  6.51  6.53  438,940 
10/14/2024 6.64  6.64  6.50  6.54  410,000 
10/11/2024 6.68  6.70  6.64  6.64  490,482 
10/09/2024 6.73  6.74  6.67  6.68  545,513 
10/08/2024 6.75  6.81  6.69  6.73  528,628 
10/07/2024 6.77  6.80  6.72  6.78  501,696 
10/04/2024 6.89  6.92  6.75  6.77  535,301 
10/03/2024 6.82  6.82  6.82  6.82  1.00 
10/02/2024 6.82  6.82  6.82  6.82  1.00 
10/01/2024 6.90  6.90  6.76  6.82  381,000 
09/30/2024 6.80  6.95  6.80  6.81  601,990 
09/27/2024 6.67  6.82  6.65  6.80  925,113 
09/26/2024 6.70  6.70  6.62  6.62  467,520 
09/25/2024 6.67  6.72  6.66  6.67  238,224 
09/24/2024 6.82  6.82  6.66  6.67  416,030 
09/23/2024 6.75  6.76  6.66  6.67  274,029 
09/20/2024 6.80  6.80  6.69  6.69  395,761 
09/19/2024 6.80  6.83  6.73  6.75  276,177 
09/18/2024 6.80  6.95  6.75  6.76  423,356 
09/16/2024 6.61  6.88  6.61  6.80  855,240 
09/13/2024 6.63  6.63  6.54  6.58  489,088 
09/12/2024 6.69  6.70  6.55  6.56  703,713 
09/11/2024 6.77  6.77  6.62  6.62  531,563 
09/10/2024 6.75  7.05  6.66  6.67  934,388 
09/09/2024 6.76  6.78  6.66  6.73  453,457 
09/06/2024 6.84  6.86  6.73  6.77  221,772 
09/05/2024 6.84  6.98  6.70  6.77  544,675 

About Medtecs International Stock history

Medtecs International 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 Medtecs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medtecs International 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 Medtecs International stock prices may prove useful in developing a viable investing in Medtecs International
Medtecs International Corporation Limited, an integrated healthcare products and services provider, manufactures and distributes medical consumables for healthcare distributors, pharmaceutical companies, and hospital groups worldwide. The company was founded in 1989 and is headquartered in Taipei City, Taiwan. MEDTECS INTERNATIONAL operates under Medical Devices classification in Taiwan and is traded on Taiwan Stock Exchange.

Medtecs International Stock Technical Analysis

Medtecs International 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 Medtecs International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Medtecs International 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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Medtecs International Technical and Predictive Indicators

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

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