MetaTech (Taiwan) Price on December 8, 2023
| 3224 Stock | TWD 50.40 0.50 1.00% |
If you're considering investing in MetaTech Stock, it is important to understand the factors that can impact its price. As of today, the current price of MetaTech stands at 50.40, as last reported on the 15th of December 2024, with the highest price reaching 50.50 and the lowest price hitting 49.30 during the day. At this stage we consider MetaTech Stock to be very steady. MetaTech AP has Sharpe Ratio of 0.0268, which conveys that the firm had a 0.0268% return per unit of risk over the last 3 months. We have found thirty technical indicators for MetaTech, which you can use to evaluate the volatility of the firm. Please verify MetaTech's Mean Deviation of 1.06, downside deviation of 1.73, and Risk Adjusted Performance of 0.031 to check out if the risk estimate we provide is consistent with the expected return of 0.0415%.
MetaTech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MetaTech |
Sharpe Ratio = 0.0268
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3224 |
Estimated Market Risk
| 1.55 actual daily | 13 87% 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 | 2 98% of assets perform better |
Based on monthly moving average MetaTech is performing at about 2% 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 MetaTech by adding it to a well-diversified portfolio.
MetaTech Valuation on December 8, 2023
It is possible to determine the worth of MetaTech on a given historical date. On December 8, 2023 MetaTech was worth 45.95 at the beginning of the trading date compared to the closed value of 46.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MetaTech stock. Still, in general, we apply an absolute valuation method to find MetaTech'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 MetaTech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MetaTech's related companies.
| Open | High | Low | Close | Volume | |
| 46.20 | 46.50 | 45.90 | 46.45 | 82,000 | |
12/08/2023 | 45.95 | 46.40 | 45.50 | 46.15 | 77,000 |
| 46.10 | 46.15 | 45.80 | 46.00 | 44,000 |
| Backtest MetaTech | | | MetaTech History | | | MetaTech Valuation | Previous | Next |
MetaTech Trading Date Momentum on December 8, 2023
| On December 11 2023 MetaTech AP was traded for 46.00 at the closing time. The highest price during the trading period was 46.15 and the lowest recorded bid was listed for 45.80 . The volume for the day was 44 K. This history from December 11, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.33% . The trading delta at closing time to the current price is 0.11% . |
MetaTech AP Fundamentals Correlations and Trends
By evaluating MetaTech'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 MetaTech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MetaTech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MetaTech Stock history
MetaTech 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 MetaTech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MetaTech AP 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 MetaTech stock prices may prove useful in developing a viable investing in MetaTech
MetaTech Stock Technical Analysis
MetaTech 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
MetaTech Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
MetaTech AP 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.
MetaTech December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how MetaTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MetaTech shares will generate the highest return on investment. By undertsting and applying MetaTech stock market strength indicators, traders can identify MetaTech AP entry and exit signals to maximize returns
MetaTech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MetaTech's price direction in advance. Along with the technical and fundamental analysis of MetaTech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MetaTech 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 | 0.031 | |||
| Jensen Alpha | 0.0166 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1442 |
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Additional Tools for MetaTech Stock Analysis
When running MetaTech's price analysis, check to measure MetaTech'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 MetaTech is operating at the current time. Most of MetaTech's value examination focuses on studying past and present price action to predict the probability of MetaTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetaTech's price. Additionally, you may evaluate how the addition of MetaTech to your portfolios can decrease your overall portfolio volatility.