Rexon Industrial (Taiwan) Price on May 18, 2023
| 1515 Stock | TWD 30.35 0.85 2.72% |
If you're considering investing in Rexon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rexon Industrial stands at 30.35, as last reported on the 10th of January, with the highest price reaching 31.15 and the lowest price hitting 30.20 during the day. Rexon Industrial Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Rexon Industrial Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rexon Industrial's Variance of 2.61, risk adjusted performance of (0.09), and Coefficient Of Variation of (796.42) to confirm the risk estimate we provide.
Rexon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rexon |
Sharpe Ratio = -0.1256
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1515 |
Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rexon Industrial 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 Rexon Industrial by adding Rexon Industrial to a well-diversified portfolio.
Rexon Industrial Valuation on May 18, 2023
It is possible to determine the worth of Rexon Industrial on a given historical date. On May 18, 2023 Rexon was worth 29.25 at the beginning of the trading date compared to the closed value of 29.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rexon Industrial stock. Still, in general, we apply an absolute valuation method to find Rexon Industrial'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 Rexon Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rexon Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 29.40 | 29.40 | 29.00 | 29.30 | 325,468 | |
05/18/2023 | 29.25 | 29.50 | 29.25 | 29.35 | 276,385 |
| 29.35 | 30.00 | 29.35 | 29.45 | 357,363 |
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Rexon Industrial Trading Date Momentum on May 18, 2023
| On May 19 2023 Rexon Industrial Corp was traded for 29.45 at the closing time. The highest price during the trading period was 30.00 and the lowest recorded bid was listed for 29.35 . The volume for the day was 357.4 K. This history from May 19, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.34% . The trading delta at closing time to the current price is 0.51% . |
Rexon Industrial Corp Fundamentals Correlations and Trends
By evaluating Rexon Industrial'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 Rexon Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rexon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rexon Industrial Stock history
Rexon Industrial 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 Rexon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rexon Industrial Corp 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 Rexon Industrial stock prices may prove useful in developing a viable investing in Rexon Industrial
,Ltd designs, manufactures, and sells bench power tools in the United States, Canada, Europe, Japan, and other Asian markets. The company was founded in 1972 and is based in Taichung, Taiwan. REXON INDUSTRIAL operates under Specialty Industrial Machinery classification in Taiwan and is traded on Taiwan Stock Exchange.
Rexon Industrial Stock Technical Analysis
Rexon Industrial 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
Rexon Industrial Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Rexon Industrial Corp 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.
Rexon Industrial January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Rexon Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rexon Industrial shares will generate the highest return on investment. By undertsting and applying Rexon Industrial stock market strength indicators, traders can identify Rexon Industrial Corp entry and exit signals to maximize returns
Rexon Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rexon Industrial's price direction in advance. Along with the technical and fundamental analysis of Rexon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rexon 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 | (0.09) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.5422 |
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Additional Tools for Rexon Stock Analysis
When running Rexon Industrial's price analysis, check to measure Rexon Industrial'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 Rexon Industrial is operating at the current time. Most of Rexon Industrial's value examination focuses on studying past and present price action to predict the probability of Rexon Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rexon Industrial's price. Additionally, you may evaluate how the addition of Rexon Industrial to your portfolios can decrease your overall portfolio volatility.