PlayNitride (Taiwan) Price on March 8, 2024

6854 Stock   168.00  3.00  1.82%   
If you're considering investing in PlayNitride Stock, it is important to understand the factors that can impact its price. As of today, the current price of PlayNitride stands at 168.00, as last reported on the 14th of December 2024, with the highest price reaching 171.00 and the lowest price hitting 161.00 during the day. PlayNitride is very steady given 3 months investment horizon. PlayNitride maintains Sharpe Ratio (i.e., Efficiency) of 0.25, which implies the firm had a 0.25% return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.17% are justified by taking the suggested risk. Use PlayNitride Risk Adjusted Performance of 0.2126, coefficient of variation of 355.15, and Semi Deviation of 3.13 to evaluate company specific risk that cannot be diversified away.
  
PlayNitride Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2477

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Estimated Market Risk

 4.74
  actual daily
42
58% of assets are more volatile

Expected Return

 1.17
  actual daily
23
77% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average PlayNitride is performing at about 19% of its full potential. 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 PlayNitride by adding it to a well-diversified portfolio.

PlayNitride Valuation on March 8, 2024

It is possible to determine the worth of PlayNitride on a given historical date. On March 8, 2024 PlayNitride was worth 86.5 at the beginning of the trading date compared to the closed value of 90.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PlayNitride stock. Still, in general, we apply an absolute valuation method to find PlayNitride'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 PlayNitride where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PlayNitride's related companies.
 Open High Low Close Volume
  88.10    88.10    86.30    86.80    145,430  
03/08/2024
  86.50    90.10    86.50    90.00    194,000  
  89.90    92.50    89.80    91.30    192,000  
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Open Value
86.5
90.0
Closing Value
100.72
Upside

PlayNitride Trading Date Momentum on March 8, 2024

On March 11 2024 PlayNitride was traded for  91.30  at the closing time. The highest price during the trading period was 92.50  and the lowest recorded bid was listed for  89.80 . The volume for the day was 192 K. This history from March 11, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.44% . The trading delta at closing time to the current price is 1.11% .

Price Boundaries

PlayNitride Period Price Range

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December 14, 2024
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PlayNitride December 14, 2024 Market Strength

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

PlayNitride Technical and Predictive Indicators

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

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