Macauto Industrial (Taiwan) Price on October 25, 2023
9951 Stock | TWD 53.40 0.20 0.38% |
If you're considering investing in Macauto Stock, it is important to understand the factors that can impact its price. As of today, the current price of Macauto Industrial stands at 53.40, as last reported on the 20th of December, with the highest price reaching 53.40 and the lowest price hitting 52.70 during the day. Macauto Industrial has Sharpe Ratio of -0.34, which conveys that the firm had a -0.34% return per unit of risk over the last 3 months. Macauto Industrial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Macauto Industrial's Risk Adjusted Performance of (0.24), standard deviation of 0.9105, and Mean Deviation of 0.5601 to check out the risk estimate we provide.
Macauto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Macauto |
Sharpe Ratio = -0.3415
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Negative Returns | 9951 |
Estimated Market Risk
0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.34 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Macauto Industrial 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 Macauto Industrial by adding Macauto Industrial to a well-diversified portfolio.
Macauto Industrial Valuation on October 25, 2023
It is possible to determine the worth of Macauto Industrial on a given historical date. On October 25, 2023 Macauto was worth 76.5 at the beginning of the trading date compared to the closed value of 75.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Macauto Industrial stock. Still, in general, we apply an absolute valuation method to find Macauto Industrial'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 Macauto Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Macauto Industrial's related companies.
Open | High | Low | Close | Volume | |
76.40 | 76.50 | 75.60 | 76.00 | 119,000 | |
10/25/2023 | 76.50 | 76.70 | 75.60 | 75.90 | 95,000 |
75.10 | 75.40 | 74.60 | 74.70 | 103,000 |
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Macauto Industrial Trading Date Momentum on October 25, 2023
On October 26 2023 Macauto Industrial Co was traded for 74.70 at the closing time. The highest price during the trading period was 75.40 and the lowest recorded bid was listed for 74.60 . The volume for the day was 103 K. This history from October 26, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.58% . The trading delta at closing time to the current price is 1.84% . |
Macauto Industrial Fundamentals Correlations and Trends
By evaluating Macauto Industrial'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 Macauto Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Macauto financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Macauto Industrial Stock history
Macauto Industrial 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 Macauto is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Macauto Industrial 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 Macauto Industrial stock prices may prove useful in developing a viable investing in Macauto Industrial
Macauto Industrial Co., Ltd. engages in the manufacture and sale of automotive sunshade products. Macauto Industrial Co., Ltd. was founded in 1979 and is headquartered in Tainan, Taiwan. MACAUTO INDUSTRIAL operates under Auto Parts classification in Taiwan and is traded on Taiwan OTC Exchange.
Macauto Industrial Stock Technical Analysis
Macauto Industrial 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
Macauto Industrial Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Macauto Industrial Co 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.
Macauto Industrial December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Macauto Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Macauto Industrial shares will generate the highest return on investment. By undertsting and applying Macauto Industrial stock market strength indicators, traders can identify Macauto Industrial Co entry and exit signals to maximize returns
Macauto Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Macauto Industrial's price direction in advance. Along with the technical and fundamental analysis of Macauto Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Macauto 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 | (0.24) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (1.49) |
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Volume Indicators |
Additional Tools for Macauto Stock Analysis
When running Macauto Industrial's price analysis, check to measure Macauto Industrial'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 Macauto Industrial is operating at the current time. Most of Macauto Industrial's value examination focuses on studying past and present price action to predict the probability of Macauto Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macauto Industrial's price. Additionally, you may evaluate how the addition of Macauto Industrial to your portfolios can decrease your overall portfolio volatility.