Macroblock (Taiwan) Price on February 2, 2023
| 3527 Stock | TWD 70.10 0.70 0.99% |
If you're considering investing in Macroblock Stock, it is important to understand the factors that can impact its price. As of today, the current price of Macroblock stands at 70.10, as last reported on the 28th of December, with the highest price reaching 71.00 and the lowest price hitting 70.00 during the day. Macroblock 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. Macroblock exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Macroblock's Standard Deviation of 1.49, mean deviation of 1.09, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide.
Macroblock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Macroblock |
Sharpe Ratio = -0.1647
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| Negative Returns | 3527 |
Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.24 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 Macroblock 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 Macroblock by adding Macroblock to a well-diversified portfolio.
Macroblock Valuation on February 2, 2023
It is possible to determine the worth of Macroblock on a given historical date. On February 2, 2023 Macroblock was worth 109.97 at the beginning of the trading date compared to the closed value of 109.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Macroblock stock. Still, in general, we apply an absolute valuation method to find Macroblock'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 Macroblock where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Macroblock's related companies.
| Open | High | Low | Close | Volume | |
| 106.60 | 108.52 | 106.12 | 107.56 | 270,732 | |
02/02/2023 | 109.97 | 111.89 | 109.49 | 109.97 | 354,152 |
| 109.97 | 112.85 | 108.52 | 111.41 | 399,396 |
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Macroblock Trading Date Momentum on February 2, 2023
| On February 03 2023 Macroblock was traded for 111.41 at the closing time. The highest price during the trading period was 112.85 and the lowest recorded bid was listed for 108.52 . The volume for the day was 399.4 K. This history from February 3, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 1.31% . The trading delta at closing time to the current price is 0.00% . |
Macroblock Fundamentals Correlations and Trends
By evaluating Macroblock'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 Macroblock's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Macroblock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Macroblock Stock history
Macroblock 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 Macroblock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Macroblock 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 Macroblock stock prices may prove useful in developing a viable investing in Macroblock
Macroblock Stock Technical Analysis
Macroblock 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
Macroblock Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Macroblock 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.
Macroblock December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Macroblock stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Macroblock shares will generate the highest return on investment. By undertsting and applying Macroblock stock market strength indicators, traders can identify Macroblock entry and exit signals to maximize returns
Macroblock Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Macroblock's price direction in advance. Along with the technical and fundamental analysis of Macroblock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Macroblock 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 | (0.19) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (3.57) |
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Additional Tools for Macroblock Stock Analysis
When running Macroblock's price analysis, check to measure Macroblock'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 Macroblock is operating at the current time. Most of Macroblock's value examination focuses on studying past and present price action to predict the probability of Macroblock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macroblock's price. Additionally, you may evaluate how the addition of Macroblock to your portfolios can decrease your overall portfolio volatility.