Softstar Entertainment (Taiwan) Price on December 10, 2024
| 6111 Stock | TWD 58.80 0.50 0.84% |
If you're considering investing in Softstar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Softstar Entertainment stands at 58.80, as last reported on the 12th of December 2024, with the highest price reaching 60.00 and the lowest price hitting 58.80 during the day. Softstar Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.069, which indicates the firm had a -0.069% return per unit of risk over the last 3 months. Softstar Entertainment exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Softstar Entertainment's Variance of 2.4, coefficient of variation of (1,341), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
Softstar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Softstar |
Sharpe Ratio = -0.069
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| Negative Returns | 6111 |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Softstar Entertainment 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 Softstar Entertainment by adding Softstar Entertainment to a well-diversified portfolio.
Softstar Entertainment Valuation on December 10, 2024
It is possible to determine the worth of Softstar Entertainment on a given historical date. On December 10, 2024 Softstar was worth 61.0 at the beginning of the trading date compared to the closed value of 60.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Softstar Entertainment stock. Still, in general, we apply an absolute valuation method to find Softstar Entertainment'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 Softstar Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Softstar Entertainment's related companies.
| Open | High | Low | Close | Volume | |
| 61.80 | 61.90 | 60.80 | 60.80 | 177,000 | |
12/10/2024 | 61.00 | 61.80 | 60.00 | 60.00 | 192,874 |
| 60.00 | 60.20 | 59.30 | 59.30 | 149,586 |
| Backtest Softstar Entertainment | | | Softstar Entertainment History | | | Softstar Entertainment Valuation | Previous | Next |
Softstar Entertainment Trading Date Momentum on December 10, 2024
| On December 11 2024 Softstar Entertainment was traded for 59.30 at the closing time. The highest price during the trading period was 60.20 and the lowest recorded bid was listed for 59.30 . The volume for the day was 149.6 K. This history from December 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.17% . The trading price change to the current price is 0.50% . |
Softstar Entertainment Fundamentals Correlations and Trends
By evaluating Softstar Entertainment'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 Softstar Entertainment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Softstar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Softstar Entertainment Stock history
Softstar Entertainment 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 Softstar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Softstar Entertainment 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 Softstar Entertainment stock prices may prove useful in developing a viable investing in Softstar Entertainment
Softstar Entertainment Inc., together with its subsidiaries, develops, licenses, and sells online games in Taiwan, Mainland China, the United States, and internationally. The company was incorporated in 1998 and is based in Taipei, Taiwan. SOFTSTAR ENTERTAINMENT is traded on Taiwan OTC Exchange in Taiwan.
Softstar Entertainment Stock Technical Analysis
Softstar Entertainment 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
Softstar Entertainment Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Softstar Entertainment 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.
Softstar Entertainment December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Softstar Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Softstar Entertainment shares will generate the highest return on investment. By undertsting and applying Softstar Entertainment stock market strength indicators, traders can identify Softstar Entertainment entry and exit signals to maximize returns
Softstar Entertainment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Softstar Entertainment's price direction in advance. Along with the technical and fundamental analysis of Softstar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Softstar 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 | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.3239 |
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Additional Tools for Softstar Stock Analysis
When running Softstar Entertainment's price analysis, check to measure Softstar Entertainment'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 Softstar Entertainment is operating at the current time. Most of Softstar Entertainment's value examination focuses on studying past and present price action to predict the probability of Softstar Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Softstar Entertainment's price. Additionally, you may evaluate how the addition of Softstar Entertainment to your portfolios can decrease your overall portfolio volatility.