Onyx Healthcare (Taiwan) Price on September 6, 2023
6569 Stock | TWD 149.50 5.00 3.24% |
If you're considering investing in Onyx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Onyx Healthcare stands at 149.50, as last reported on the 16th of December 2024, with the highest price reaching 154.00 and the lowest price hitting 149.00 during the day. Onyx Healthcare maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Onyx Healthcare exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Onyx Healthcare's Variance of 2.51, coefficient of variation of (964.07), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
Onyx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Onyx |
Sharpe Ratio = -0.1507
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Negative Returns | 6569 |
Estimated Market Risk
1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Onyx Healthcare 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 Onyx Healthcare by adding Onyx Healthcare to a well-diversified portfolio.
Onyx Healthcare Valuation on September 6, 2023
It is possible to determine the worth of Onyx Healthcare on a given historical date. On September 6, 2023 Onyx was worth 142.11 at the beginning of the trading date compared to the closed value of 145.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Onyx Healthcare stock. Still, in general, we apply an absolute valuation method to find Onyx Healthcare'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 Onyx Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Onyx Healthcare's related companies.
Open | High | Low | Close | Volume | |
139.97 | 142.53 | 139.97 | 141.25 | 48,295 | |
09/06/2023 | 142.11 | 148.51 | 140.83 | 145.52 | 187,433 |
145.52 | 145.52 | 141.25 | 141.68 | 65,544 |
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Onyx Healthcare Trading Date Momentum on September 6, 2023
On September 07 2023 Onyx Healthcare was traded for 141.68 at the closing time. The highest price during the trading period was 145.52 and the lowest recorded bid was listed for 141.25 . The volume for the day was 65.5 K. This history from September 7, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.64% . The trading delta at closing time to the current price is 3.81% . |
Onyx Healthcare Fundamentals Correlations and Trends
By evaluating Onyx Healthcare'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 Onyx Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Onyx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Onyx Healthcare Stock history
Onyx Healthcare 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 Onyx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Onyx Healthcare 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 Onyx Healthcare stock prices may prove useful in developing a viable investing in Onyx Healthcare
Onyx Healthcare Inc., a professional medical IT company, provides medical PC solutions for the hospitalclinical IT market worldwide. The company was founded in 2010 and is headquartered in New Taipei City, Taiwan. ONYX HEALTHCARE operates under Health Information Services classification in Taiwan and is traded on Taiwan OTC Exchange.
Onyx Healthcare Stock Technical Analysis
Onyx Healthcare 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
Onyx Healthcare Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
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Onyx Healthcare December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Onyx Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Onyx Healthcare shares will generate the highest return on investment. By undertsting and applying Onyx Healthcare stock market strength indicators, traders can identify Onyx Healthcare entry and exit signals to maximize returns
Onyx Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Onyx Healthcare's price direction in advance. Along with the technical and fundamental analysis of Onyx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Onyx 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 | (0.07) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.37) | |||
Treynor Ratio | (1.64) |
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Additional Tools for Onyx Stock Analysis
When running Onyx Healthcare's price analysis, check to measure Onyx Healthcare'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 Onyx Healthcare is operating at the current time. Most of Onyx Healthcare's value examination focuses on studying past and present price action to predict the probability of Onyx Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onyx Healthcare's price. Additionally, you may evaluate how the addition of Onyx Healthcare to your portfolios can decrease your overall portfolio volatility.