Pegavision (Taiwan) Price on June 25, 2024
| 6491 Stock | TWD 363.50 2.50 0.69% |
If you're considering investing in Pegavision Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pegavision stands at 363.50, as last reported on the 25th of December, with the highest price reaching 366.00 and the lowest price hitting 362.00 during the day. Pegavision maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Pegavision exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pegavision's Variance of 2.72, coefficient of variation of (833.42), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Pegavision Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pegavision |
Sharpe Ratio = -0.1279
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| Negative Returns | 6491 |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.21 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 Pegavision 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 Pegavision by adding Pegavision to a well-diversified portfolio.
Pegavision Valuation on June 25, 2024
It is possible to determine the worth of Pegavision on a given historical date. On June 25, 2024 Pegavision was worth 487.0 at the beginning of the trading date compared to the closed value of 485.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pegavision stock. Still, in general, we apply an absolute valuation method to find Pegavision'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 Pegavision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pegavision's related companies.
| Open | High | Low | Close | Volume | |
| 476.50 | 487.50 | 476.00 | 485.00 | 692,793 | |
06/25/2024 | 487.00 | 488.00 | 479.00 | 485.00 | 480,213 |
| 481.50 | 484.00 | 477.00 | 482.50 | 650,635 |
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Pegavision Trading Date Momentum on June 25, 2024
| On June 26 2024 Pegavision was traded for 482.50 at the closing time. The highest price during the trading period was 484.00 and the lowest recorded bid was listed for 477.00 . The volume for the day was 650.6 K. This history from June 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.52% . The trading delta at closing time to the current price is 7.53% . |
Pegavision Fundamentals Correlations and Trends
By evaluating Pegavision'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 Pegavision's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pegavision financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pegavision Stock history
Pegavision 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 Pegavision is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pegavision 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 Pegavision stock prices may prove useful in developing a viable investing in Pegavision
Pegavision Corporation manufactures and sells various soft contact lenses and medical optic devices under the Pegavision brand in Taiwan. The company was incorporated in 2009 and is based in Taoyuan City, Taiwan. PEGAVISION CORPORATION operates under Medical Instruments Supplies classification in Taiwan and is traded on Taiwan Stock Exchange.
Pegavision Stock Technical Analysis
Pegavision 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
Pegavision Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Pegavision 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.
Pegavision December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Pegavision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pegavision shares will generate the highest return on investment. By undertsting and applying Pegavision stock market strength indicators, traders can identify Pegavision entry and exit signals to maximize returns
Pegavision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pegavision's price direction in advance. Along with the technical and fundamental analysis of Pegavision Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pegavision 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 | (0.20) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 1.91 |
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Additional Tools for Pegavision Stock Analysis
When running Pegavision's price analysis, check to measure Pegavision'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 Pegavision is operating at the current time. Most of Pegavision's value examination focuses on studying past and present price action to predict the probability of Pegavision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pegavision's price. Additionally, you may evaluate how the addition of Pegavision to your portfolios can decrease your overall portfolio volatility.