Bioteque (Taiwan) Price on April 30, 2024
4107 Stock | TWD 124.50 2.50 2.05% |
If you're considering investing in Bioteque Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bioteque stands at 124.50, as last reported on the 26th of December, with the highest price reaching 124.50 and the lowest price hitting 122.00 during the day. Bioteque secures Sharpe Ratio (or Efficiency) of -0.0877, which signifies that the company had a -0.0877% return per unit of risk over the last 3 months. Bioteque exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bioteque's Risk Adjusted Performance of (0.13), mean deviation of 0.5438, and Standard Deviation of 0.7136 to double-check the risk estimate we provide.
Bioteque Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bioteque |
Sharpe Ratio = -0.0877
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 4107 |
Estimated Market Risk
0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bioteque 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 Bioteque by adding Bioteque to a well-diversified portfolio.
Bioteque Valuation on April 30, 2024
It is possible to determine the worth of Bioteque on a given historical date. On April 30, 2024 Bioteque was worth 118.77 at the beginning of the trading date compared to the closed value of 117.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bioteque stock. Still, in general, we apply an absolute valuation method to find Bioteque'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 Bioteque where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bioteque's related companies.
Open | High | Low | Close | Volume | |
119.74 | 119.74 | 117.81 | 118.77 | 181,000 | |
04/30/2024 | 118.77 | 119.26 | 116.84 | 117.33 | 238,000 |
117.33 | 118.29 | 115.88 | 117.81 | 209,000 |
Backtest Bioteque | | | Bioteque History | | | Bioteque Valuation | Previous | Next |
Bioteque Trading Date Momentum on April 30, 2024
On May 02 2024 Bioteque was traded for 117.81 at the closing time. The highest price during the trading period was 118.29 and the lowest recorded bid was listed for 115.88 . The volume for the day was 209 K. This history from May 2, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.41% . The overall trading delta to the current price is 1.64% . |
Bioteque Fundamentals Correlations and Trends
By evaluating Bioteque'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 Bioteque's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bioteque financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bioteque Stock history
Bioteque 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 Bioteque is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bioteque 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 Bioteque stock prices may prove useful in developing a viable investing in Bioteque
Bioteque Stock Technical Analysis
Bioteque 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
Bioteque Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Bioteque 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.
Bioteque December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Bioteque stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bioteque shares will generate the highest return on investment. By undertsting and applying Bioteque stock market strength indicators, traders can identify Bioteque entry and exit signals to maximize returns
Bioteque Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bioteque's price direction in advance. Along with the technical and fundamental analysis of Bioteque Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bioteque 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 | (0.13) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (3.42) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Bioteque Stock Analysis
When running Bioteque's price analysis, check to measure Bioteque'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 Bioteque is operating at the current time. Most of Bioteque's value examination focuses on studying past and present price action to predict the probability of Bioteque's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioteque's price. Additionally, you may evaluate how the addition of Bioteque to your portfolios can decrease your overall portfolio volatility.