MJ International (Taiwan) Price on November 26, 2024
| 8466 Stock | TWD 41.90 0.75 1.82% |
If you're considering investing in 8466 Stock, it is important to understand the factors that can impact its price. As of today, the current price of MJ International stands at 41.90, as last reported on the 7th of January, with the highest price reaching 43.00 and the lowest price hitting 41.30 during the day. MJ International retains Efficiency (Sharpe Ratio) of -0.28, which conveys that the firm had a -0.28% return per unit of price deviation over the last 3 months. MJ International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MJ International's Mean Deviation of 1.41, market risk adjusted performance of 1.74, and Information Ratio of (0.30) to check out the risk estimate we provide.
8466 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
8466 |
Sharpe Ratio = -0.2845
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| Negative Returns | 8466 |
Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.53 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.28 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MJ International 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 MJ International by adding MJ International to a well-diversified portfolio.
MJ International Valuation on November 26, 2024
It is possible to determine the worth of MJ International on a given historical date. On November 26, 2024 8466 was worth 44.15 at the beginning of the trading date compared to the closed value of 43.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MJ International stock. Still, in general, we apply an absolute valuation method to find MJ International'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 MJ International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MJ International's related companies.
| Open | High | Low | Close | Volume | |
| 43.95 | 44.55 | 43.50 | 44.20 | 150,000 | |
11/26/2024 | 44.15 | 44.45 | 43.25 | 43.25 | 97,000 |
| 44.00 | 44.00 | 41.60 | 41.85 | 210,060 |
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MJ International Trading Date Momentum on November 26, 2024
| On November 27 2024 MJ International Co was traded for 41.85 at the closing time. The highest price during the trading period was 44.00 and the lowest recorded bid was listed for 41.60 . The volume for the day was 210.1 K. This history from November 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.24% . The trading delta at closing time to the current price is 0.81% . |
MJ International Fundamentals Correlations and Trends
By evaluating MJ International'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 MJ International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 8466 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MJ International Stock history
MJ International 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 8466 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MJ International 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 MJ International stock prices may prove useful in developing a viable investing in MJ International
International Co., Ltd., together with its subsidiaries, engages in the development, production, and sales of luxury vinyl tile floors. International Co., Ltd. was founded in 1982 and is headquartered in Grand Cayman, the Cayman Islands. MJ INTERNATIONAL is traded on Taiwan Stock Exchange in Taiwan.
MJ International Stock Technical Analysis
MJ International 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
MJ International Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
MJ International Co 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.
MJ International January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how MJ International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MJ International shares will generate the highest return on investment. By undertsting and applying MJ International stock market strength indicators, traders can identify MJ International Co entry and exit signals to maximize returns
MJ International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MJ International's price direction in advance. Along with the technical and fundamental analysis of 8466 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 8466 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 | (0.22) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 1.73 |
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Additional Tools for 8466 Stock Analysis
When running MJ International's price analysis, check to measure MJ International'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 MJ International is operating at the current time. Most of MJ International's value examination focuses on studying past and present price action to predict the probability of MJ International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MJ International's price. Additionally, you may evaluate how the addition of MJ International to your portfolios can decrease your overall portfolio volatility.