Wellell (Taiwan) Price on May 24, 2023

4106 Stock  TWD 24.35  0.30  1.22%   
If you're considering investing in Wellell Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wellell stands at 24.35, as last reported on the 15th of December 2024, with the highest price reaching 24.45 and the lowest price hitting 24.20 during the day. Wellell shows Sharpe Ratio of -0.11, which attests that the company had a -0.11% return per unit of risk over the last 3 months. Wellell exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wellell's Mean Deviation of 0.5578, market risk adjusted performance of 0.9308, and Standard Deviation of 0.6951 to validate the risk estimate we provide.
  
Wellell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1077

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Negative Returns4106

Estimated Market Risk

 0.7
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wellell 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 Wellell by adding Wellell to a well-diversified portfolio.

Wellell Valuation on May 24, 2023

It is possible to determine the worth of Wellell on a given historical date. On May 24, 2023 Wellell was worth 30.78 at the beginning of the trading date compared to the closed value of 30.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wellell stock. Still, in general, we apply an absolute valuation method to find Wellell'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 Wellell where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wellell's related companies.
 Open High Low Close Volume
  30.73    31.02    30.39    30.73    338,843  
05/24/2023
  30.78    30.88    30.39    30.83    236,263  
  30.88    30.88    30.34    30.49    228,449  
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Open Value
30.78
30.83
Closing Value
32.89
Upside

Wellell Trading Date Momentum on May 24, 2023

On May 25 2023 Wellell was traded for  30.49  at the closing time. The highest price during the trading period was 30.88  and the lowest recorded bid was listed for  30.34 . The volume for the day was 228.4 K. This history from May 25, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.10% . The trading price change to the current price is 0.94% .

Wellell Fundamentals Correlations and Trends

By evaluating Wellell'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 Wellell's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wellell financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wellell Stock history

Wellell 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 Wellell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wellell 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 Wellell stock prices may prove useful in developing a viable investing in Wellell
Apex Medical Corp. provides healthcare solutions for medical personnel, care-givers, and care-receivers in Taiwan, Southern Europe, Eastern Europe, the Middle East, Africa, Latin America, Northeast Asia, Southeast Asia, New Zealand, Australia, and China. The company was founded in 1990 and is headquartered in New Taipei City, Taiwan. APEX MEDICAL operates under Medical Devices classification in Taiwan and is traded on Taiwan Stock Exchange.

Wellell Stock Technical Analysis

Wellell 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 Wellell technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wellell 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...

Price Boundaries

Wellell Period Price Range

Low
December 15, 2024
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High

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Wellell 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.

Wellell December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Wellell stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wellell shares will generate the highest return on investment. By undertsting and applying Wellell stock market strength indicators, traders can identify Wellell entry and exit signals to maximize returns

Wellell Technical and Predictive Indicators

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

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