Merida Industry (Taiwan) Price History

9914 Stock  TWD 221.50  1.50  0.67%   
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 221.50, as last reported on the 26th of June, with the highest price reaching 227.00 and the lowest price hitting 221.00 during the day. At this stage we consider Merida Stock to be very steady. Merida Industry has Sharpe Ratio of 0.0399, which conveys that the firm had a 0.0399% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Merida Industry, which you can use to evaluate the volatility of the firm. Please verify Merida Industry's Mean Deviation of 1.59, risk adjusted performance of 0.0193, and Downside Deviation of 1.72 to check out if the risk estimate we provide is consistent with the expected return of 0.0957%.
  
Merida Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0399

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Estimated Market Risk

 2.4
  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 Stock Price History Chart

There are several ways to analyze Merida Stock price data. The simplest method is using a basic Merida candlestick price chart, which shows Merida Industry price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMay 14, 2024243.0
Lowest PriceApril 3, 2024206.0

Merida Industry June 26, 2024 Stock Price Synopsis

Various analyses of Merida Industry's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Merida Stock. It can be used to describe the percentage change in the price of Merida Industry from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Merida Stock.
Merida Industry Price Daily Balance Of Power(0.25)
Merida Industry Price Rate Of Daily Change 0.99 
Merida Industry Accumulation Distribution 10,832 
Merida Industry Price Action Indicator(3.25)

Merida Industry June 26, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Merida Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Merida Industry intraday prices and daily technical indicators to check the level of noise trading in Merida Stock and then apply it to test your longer-term investment strategies against Merida.

Merida Stock Price History Data

The price series of Merida Industry for the period between Thu, Mar 28, 2024 and Wed, Jun 26, 2024 has a statistical range of 37.0 with a coefficient of variation of 4.55. The prices are distributed with arithmetic mean of 227.83. The median price for the last 90 days is 231.5. The company had 1050:1000 stock split on 19th of August 2014. Merida Industry issued dividends on 2022-08-11.
OpenHighLowCloseVolume
06/26/2024 223.50  227.00  221.00  221.50  409,826 
06/25/2024 221.50  223.50  217.50  223.00  1,204,100 
06/24/2024 231.50  232.50  220.50  221.00  1,309,374 
06/21/2024 229.00  233.50  223.50  225.00  1,377,864 
06/20/2024 227.50  229.00  222.00  229.00  1,296,408 
06/19/2024 234.00  234.00  226.50  226.50  1,230,547 
06/18/2024 237.00  238.00  228.50  232.50  901,143 
06/17/2024 234.50  236.00  232.00  236.00  279,304 
06/14/2024 237.50  237.50  231.00  234.50  786,998 
06/13/2024 236.00  236.50  233.00  236.50  493,142 
06/12/2024 238.50  241.00  232.00  232.50  507,217 
06/11/2024 247.00  247.00  236.00  237.00  741,087 
06/07/2024 237.50  241.00  234.00  240.00  633,837 
06/06/2024 240.00  240.50  233.00  236.50  387,805 
06/05/2024 244.50  245.00  233.00  237.50  1,136,386 
06/04/2024 245.50  251.50  241.00  242.00  1,454,589 
06/03/2024 235.00  251.50  234.50  241.00  1,827,574 
05/31/2024 233.00  239.50  225.50  229.00  2,688,289 
05/30/2024 234.00  236.00  231.50  233.00  304,207 
05/29/2024 235.00  236.00  231.50  234.00  425,211 
05/28/2024 236.50  238.00  233.50  234.50  396,309 
05/27/2024 230.50  237.50  230.50  235.00  369,373 
05/24/2024 233.00  233.00  227.50  229.50  227,576 
05/23/2024 234.00  234.50  229.50  231.50  222,302 
05/22/2024 235.50  236.50  230.00  234.00  820,227 
05/21/2024 241.50  241.50  233.50  235.50  549,038 
05/20/2024 238.00  242.00  235.50  239.50  821,414 
05/17/2024 238.50  240.00  235.00  236.00  549,587 
05/16/2024 244.50  244.50  235.00  236.00  834,697 
05/15/2024 243.00  246.00  234.50  241.00  1,452,139 
05/14/2024 239.00  252.00  238.50  243.00  4,945,437 
05/13/2024 222.50  233.00  222.50  231.50  1,373,447 
05/10/2024 219.50  224.50  219.00  223.50  620,262 
05/09/2024 225.00  226.50  216.00  219.50  572,399 
05/08/2024 225.50  227.00  221.50  227.00  748,532 
05/07/2024 217.00  227.00  216.50  226.50  937,607 
05/06/2024 218.50  222.00  215.50  217.50  996,293 
05/03/2024 229.50  231.50  215.00  217.50  1,993,829 
05/02/2024 234.50  234.50  225.00  231.50  2,351,578 
04/30/2024 232.50  235.00  219.00  235.00  2,447,402 
04/29/2024 239.00  239.50  233.00  239.50  731,161 
04/26/2024 237.50  240.00  233.50  236.00  1,536,384 
04/25/2024 239.00  246.00  237.00  238.00  1,438,617 
04/24/2024 240.50  247.00  236.00  237.00  1,738,214 
04/23/2024 227.00  238.00  227.00  236.00  2,360,026 
04/22/2024 226.00  231.00  224.00  224.00  740,137 
04/19/2024 229.00  234.00  224.00  225.50  1,184,153 
04/18/2024 229.50  235.00  226.50  230.00  908,515 
04/17/2024 229.50  234.50  229.00  230.00  681,264 
04/16/2024 233.50  233.50  227.50  229.50  1,719,142 
04/15/2024 232.50  247.00  225.00  233.00  3,504,176 
04/12/2024 235.00  243.00  231.50  235.50  5,904,369 
04/11/2024 212.00  228.00  212.00  228.00  3,621,333 
04/10/2024 209.00  210.00  207.00  207.50  349,111 
04/09/2024 205.50  210.00  204.50  209.00  648,316 
04/08/2024 205.00  209.50  205.00  206.50  530,362 
04/03/2024 206.00  206.50  203.00  206.00  732,019 
04/02/2024 207.50  207.50  204.00  207.00  664,146 
04/01/2024 209.00  211.00  205.00  207.50  829,163 
03/29/2024 213.50  215.00  208.00  210.00  423,000 
03/28/2024 214.50  217.00  212.50  212.50  596,631 

About Merida Industry Stock history

Merida Industry 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 Merida is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Merida Industry 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 Merida Industry stock prices may prove useful in developing a viable investing in Merida Industry
Merida Industry Co., Ltd. engages in the processing, manufacture, and sale of bicycles and its components in Taiwan, rest of Asia, Europe, and internationally. Merida Industry Co., Ltd. was founded in 1972 and is headquartered in Changhua, Taiwan. MERIDA INDUSTRY operates under Leisure classification in Taiwan and is traded on Taiwan Stock Exchange.

Merida Industry Stock Technical Analysis

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

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Merida Industry Technical and Predictive Indicators

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

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