Merida Industry (Taiwan) Price on June 13, 2024
| 9914 Stock | TWD 216.50 2.00 0.92% |
If you're considering investing in Merida Stock, it is important to understand the factors that can impact its price. As of today, the current price of Merida Industry stands at 216.50, as last reported on the 29th of June, with the highest price reaching 222.50 and the lowest price hitting 214.50 during the day. At this stage we consider Merida Stock to be very steady. Merida Industry has Sharpe Ratio of 0.0403, which conveys that the firm had a 0.0403% return per unit of risk over the last 3 months. We have found thirty technical indicators for Merida Industry, which you can use to evaluate the volatility of the firm. Please verify Merida Industry's Downside Deviation of 1.72, risk adjusted performance of 0.0175, and Mean Deviation of 1.6 to check out if the risk estimate we provide is consistent with the expected return of 0.0958%.
Merida Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Merida |
Sharpe Ratio = 0.0403
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | 9914 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Merida Industry is performing at about 3% 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 Merida Industry by adding it to a well-diversified portfolio.
Merida Industry Valuation on June 13, 2024
It is possible to determine the worth of Merida Industry on a given historical date. On June 13, 2024 Merida was worth 236.0 at the beginning of the trading date compared to the closed value of 236.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merida Industry stock. Still, in general, we apply an absolute valuation method to find Merida Industry'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 Merida Industry where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merida Industry's related companies.
| Open | High | Low | Close | Volume | |
| 238.50 | 241.00 | 232.00 | 232.50 | 507,217 | |
06/13/2024 | 236.00 | 236.50 | 233.00 | 236.50 | 493,142 |
| 237.50 | 237.50 | 231.00 | 234.50 | 786,998 |
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Merida Industry Trading Date Momentum on June 13, 2024
| On June 14 2024 Merida Industry Co was traded for 234.50 at the closing time. The highest price during the trading period was 237.50 and the lowest recorded bid was listed for 231.00 . The volume for the day was 787 K. This history from June 14, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.85% . The trading delta at closing time to the current price is 2.11% . |
Merida Industry Fundamentals Correlations and Trends
By evaluating Merida Industry'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 Merida Industry's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Merida financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Merida Industry Stock history
Merida Industry investors dedicate a lot of time and effort to ga