Bioteque (Taiwan) Price on September 9, 2024
4107 Stock | TWD 121.50 0.50 0.41% |
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 121.50, as last reported on the 25th of December, with the highest price reaching 122.00 and the lowest price hitting 120.00 during the day. Bioteque secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Bioteque exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bioteque's Standard Deviation of 0.7276, risk adjusted performance of (0.12), and Mean Deviation of 0.5527 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 = -0.1313
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Negative Returns | 4107 |
Estimated Market Risk
0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 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 September 9, 2024
It is possible to determine the worth of Bioteque on a given historical date. On September 9, 2024 Bioteque was worth 128.0 at the beginning of the trading date compared to the closed value of 130.0. 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 | |
129.50 | 131.50 | 129.50 | 130.00 | 147,193 | |
09/09/2024 | 128.00 | 130.50 | 127.50 | 130.00 | 102,000 |
129.00 | 130.00 | 128.00 | 128.50 | 141,455 |
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Bioteque Trading Date Momentum on September 9, 2024
On September 10 2024 Bioteque was traded for 128.50 at the closing time. The highest price during the trading period was 130.00 and the lowest recorded bid was listed for 128.00 . The volume for the day was 141.5 K. This history from September 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.15% . The overall trading delta to the current price is 1.15% . |
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 25, 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 25, 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 | (0.12) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | (0.88) |
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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.