Maxigen Biotech (Taiwan) Price on November 20, 2024
| 1783 Stock | TWD 44.60 1.15 2.65% |
If you're considering investing in Maxigen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Maxigen Biotech stands at 44.60, as last reported on the 2nd of December, with the highest price reaching 44.80 and the lowest price hitting 42.80 during the day. Maxigen Biotech has Sharpe Ratio of -0.0335, which conveys that the firm had a -0.0335% return per unit of risk over the last 3 months. Maxigen Biotech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maxigen Biotech's Risk Adjusted Performance of (0.03), standard deviation of 1.29, and Mean Deviation of 0.8779 to check out the risk estimate we provide.
Maxigen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Maxigen |
Sharpe Ratio = -0.0335
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| Negative Returns | 1783 |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Maxigen Biotech 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 Maxigen Biotech by adding Maxigen Biotech to a well-diversified portfolio.
Maxigen Biotech Valuation on November 20, 2024
It is possible to determine the worth of Maxigen Biotech on a given historical date. On November 20, 2024 Maxigen was worth 41.95 at the beginning of the trading date compared to the closed value of 42.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maxigen Biotech stock. Still, in general, we apply an absolute valuation method to find Maxigen Biotech'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 Maxigen Biotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maxigen Biotech's related companies.
| Open | High | Low | Close | Volume | |
| 41.65 | 42.20 | 41.60 | 42.15 | 54,113 | |
11/20/2024 | 41.95 | 42.50 | 41.95 | 42.40 | 139,107 |
| 41.85 | 45.20 | 41.80 | 43.70 | 620,329 |
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Maxigen Biotech Trading Date Momentum on November 20, 2024
| On November 21 2024 Maxigen Biotech was traded for 43.70 at the closing time. The highest price during the trading period was 45.20 and the lowest recorded bid was listed for 41.80 . The volume for the day was 620.3 K. This history from November 21, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 3.07% . The trading delta at closing time to the current price is 2.48% . |
Maxigen Biotech Fundamentals Correlations and Trends
By evaluating Maxigen Biotech'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 Maxigen Biotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Maxigen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Maxigen Biotech Stock history
Maxigen Biotech 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 Maxigen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maxigen Biotech 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 Maxigen Biotech stock prices may prove useful in developing a viable investing in Maxigen Biotech
Maxigen Biotech Inc. engages in the development, manufacture, and marketing of biomedical and cosmeceutical skincare products in Taiwan and internationally. Maxigen Biotech Inc. was founded in 1998 and is based in Taoyuan, Taiwan. MAXIGEN BIOTECH is traded on Taiwan Stock Exchange in Taiwan.
Maxigen Biotech Stock Technical Analysis
Maxigen Biotech 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
Maxigen Biotech Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Maxigen Biotech 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.
Maxigen Biotech December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Maxigen Biotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maxigen Biotech shares will generate the highest return on investment. By undertsting and applying Maxigen Biotech stock market strength indicators, traders can identify Maxigen Biotech entry and exit signals to maximize returns
Maxigen Biotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maxigen Biotech's price direction in advance. Along with the technical and fundamental analysis of Maxigen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maxigen 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 | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.4837 |
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Additional Tools for Maxigen Stock Analysis
When running Maxigen Biotech's price analysis, check to measure Maxigen Biotech'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 Maxigen Biotech is operating at the current time. Most of Maxigen Biotech's value examination focuses on studying past and present price action to predict the probability of Maxigen Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maxigen Biotech's price. Additionally, you may evaluate how the addition of Maxigen Biotech to your portfolios can decrease your overall portfolio volatility.