EirGenix (Taiwan) Price on November 18, 2024

6589 Stock  TWD 76.60  6.30  7.60%   
If you're considering investing in EirGenix Stock, it is important to understand the factors that can impact its price. As of today, the current price of EirGenix stands at 76.60, as last reported on the 12th of December 2024, with the highest price reaching 79.50 and the lowest price hitting 75.10 during the day. EirGenix secures Sharpe Ratio (or Efficiency) of -0.0414, which denotes the company had a -0.0414% return per unit of risk over the last 3 months. EirGenix exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EirGenix's Variance of 5.5, mean deviation of 1.53, and Standard Deviation of 2.34 to check the risk estimate we provide.
  
EirGenix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0414

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns6589

Estimated Market Risk

 2.41
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average EirGenix 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 EirGenix by adding EirGenix to a well-diversified portfolio.

EirGenix Valuation on November 18, 2024

It is possible to determine the worth of EirGenix on a given historical date. On November 18, 2024 EirGenix was worth 88.1 at the beginning of the trading date compared to the closed value of 87.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EirGenix stock. Still, in general, we apply an absolute valuation method to find EirGenix'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 EirGenix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EirGenix's related companies.
 Open High Low Close Volume
  89.00    89.50    88.40    88.70    301,355  
11/18/2024
  88.10    88.50    87.00    87.00    607,690  
  87.00    87.30    85.90    86.60    490,467  
Backtest EirGenix  |  EirGenix History  |  EirGenix Valuation   PreviousNext  
Open Value
88.1
87.0
Closing Value
95.34
Upside

EirGenix Trading Date Momentum on November 18, 2024

On November 19 2024 EirGenix was traded for  86.60  at the closing time. The highest price during the trading period was 87.30  and the lowest recorded bid was listed for  85.90 . The volume for the day was 490.5 K. This history from November 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.46% . The overall trading delta to the current price is 5.17% .

EirGenix Fundamentals Correlations and Trends

By evaluating EirGenix'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 EirGenix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EirGenix financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About EirGenix Stock history

EirGenix 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 EirGenix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EirGenix 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 EirGenix stock prices may prove useful in developing a viable investing in EirGenix
EirGenix Inc. operates as a contract development and manufacturing company worldwide. Its services include cell line development, process development, analytical sciences and quality control, cGMP manufacturing, and antibody drug conjugate. EIRGENIX INC operates under Biotechnology classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 179 people.

EirGenix Stock Technical Analysis

EirGenix 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 EirGenix technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EirGenix 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

EirGenix Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

EirGenix 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.

EirGenix December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how EirGenix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EirGenix shares will generate the highest return on investment. By undertsting and applying EirGenix stock market strength indicators, traders can identify EirGenix entry and exit signals to maximize returns

EirGenix Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for EirGenix's price direction in advance. Along with the technical and fundamental analysis of EirGenix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EirGenix 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 EirGenix Stock Analysis

When running EirGenix's price analysis, check to measure EirGenix'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 EirGenix is operating at the current time. Most of EirGenix's value examination focuses on studying past and present price action to predict the probability of EirGenix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EirGenix's price. Additionally, you may evaluate how the addition of EirGenix to your portfolios can decrease your overall portfolio volatility.