Ok Biotech (Taiwan) Today
| 4155 Stock | 24.00 0.30 1.27% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Ok Biotech is selling for under 24.00 as of the 19th of April 2024; that is 1.27 percent up since the beginning of the trading day. The stock's lowest day price was 23.75. Ok Biotech has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Ok Biotech Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Moving against 4155 Stock
| 0.75 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.74 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.74 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.73 | 4104 | Excelsior Medical | PairCorr |
| 0.73 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.72 | 1788 | Hi Clearance | PairCorr |
| 0.71 | 2317 | Hon Hai Precision | PairCorr |
Follow Valuation Odds of Bankruptcy
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4155 Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ok Biotech's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ok Biotech or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman Director | Jia Lai |
| Business Concentration | Medical Devices, Healthcare (View all Sectors) |
Ok Biotech Co (4155) is traded on Taiwan Stock Exchange in Taiwan and employs 5 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ok Biotech's market, we take the total number of its shares issued and multiply it by Ok Biotech's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ok Biotech operates under Healthcare sector and is part of Medical Devices industry. The entity has 95.67 M outstanding shares.
Ok Biotech generates positive cash flow from operations, but has no cash available
Check Ok Biotech Probability Of Bankruptcy
Ownership AllocationOk Biotech Co shows a total of 95.67 Million outstanding shares. Ok Biotech shows substantial amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check 4155 Ownership Details
4155 Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Ok Biotech jumping above the current price in 90 days from now is under 95%. The Ok Biotech Co probability density function shows the probability of Ok Biotech stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ok Biotech has a beta of 0.0316. This suggests as returns on the market go up, Ok Biotech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ok Biotech Co will be expected to be much smaller as well. Additionally, ok Biotech Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ok Biotech to move above the current price in 90 days from now is under 95 (This Ok Biotech Co probability density function shows the probability of 4155 Stock to fall within a particular range of prices over 90 days) .
Ok Biotech Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ok Biotech market risk premium is the additional return an investor will receive from holding Ok Biotech long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ok Biotech. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ok Biotech's alpha and beta are two of the key measurements used to evaluate Ok Biotech's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6792 | |||
| Standard Deviation | 0.9403 | |||
| Variance | 0.8842 | |||
| Risk Adjusted Performance | (0.03) |
4155 Stock Against Markets
Picking the right benchmark for Ok Biotech stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ok Biotech stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ok Biotech is critical whether you are bullish or bearish towards Ok Biotech Co at a given time. Please also check how Ok Biotech's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ok Biotech without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy 4155 Stock?
Before investing in Ok Biotech, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ok Biotech. To buy Ok Biotech stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ok Biotech. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ok Biotech stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ok Biotech Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ok Biotech Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ok Biotech Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ok Biotech Co?
The danger of trading Ok Biotech Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ok Biotech is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ok Biotech. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ok Biotech is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ok Biotech Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for 4155 Stock analysis
When running Ok Biotech's price analysis, check to measure Ok Biotech'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 Ok Biotech is operating at the current time. Most of Ok Biotech's value examination focuses on studying past and present price action to predict the probability of Ok Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ok Biotech's price. Additionally, you may evaluate how the addition of Ok Biotech to your portfolios can decrease your overall portfolio volatility.
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