Onyx Healthcare (Taiwan) Price on September 6, 2024

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 Risk Adjusted Performance of (0.07), variance of 2.51, and Coefficient Of Variation of (964.07) 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.

Sharpe Ratio = -0.1507

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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, 2024

It is possible to determine the worth of Onyx Healthcare on a given historical date. On September 6, 2024 Onyx was worth 180.0 at the beginning of the trading date compared to the closed value of 177.0. 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
  182.50    182.50    179.00    180.00    74,041  
09/06/2024
  180.00    181.00    176.00    177.00    92,796  
  173.00    174.00    170.00    173.50    72,355  
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Open Value
180.0
175.27
Downside
177.0
Closing Value
184.73
Upside

Onyx Healthcare Trading Date Momentum on September 6, 2024

On September 09 2024 Onyx Healthcare was traded for  173.50  at the closing time. The highest price during the trading period was 174.00  and the lowest recorded bid was listed for  170.00 . The volume for the day was 72.4 K. This history from September 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.98% . The trading delta at closing time to the current price is 1.98% .

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.
A focus of Onyx Healthcare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Onyx Healthcare trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Onyx Healthcare Period Price Range

Low
December 16, 2024
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High

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Onyx Healthcare 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.

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.

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.