Tesna (Korea) Price on November 20, 2024
131970 Stock | KRW 24,850 300.00 1.22% |
If you're considering investing in Tesna Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tesna stands at 24,850, as last reported on the 23rd of November, with the highest price reaching 25,500 and the lowest price hitting 24,500 during the day. Tesna Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Tesna Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tesna's Coefficient Of Variation of (601.74), risk adjusted performance of (0.12), and Variance of 8.12 to confirm the risk estimate we provide.
Tesna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tesna |
Sharpe Ratio = -0.1439
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Estimated Market Risk
2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tesna 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 Tesna by adding Tesna to a well-diversified portfolio.
Tesna Valuation on November 20, 2024
It is possible to determine the worth of Tesna on a given historical date. On November 20, 2024 Tesna was worth 23550.0 at the beginning of the trading date compared to the closed value of 23000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tesna stock. Still, in general, we apply an absolute valuation method to find Tesna'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 Tesna where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tesna's related companies.
Open | High | Low | Close | Volume | |
24,200 | 24,300 | 23,450 | 23,750 | 102,817 | |
11/20/2024 | 23,550 | 23,750 | 22,850 | 23,000 | 168,207 |
23,300 | 24,600 | 23,050 | 24,550 | 147,915 |
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Tesna Trading Date Momentum on November 20, 2024
On November 21 2024 Tesna Inc was traded for 24,550 at the closing time. The highest price during the trading period was 24,600 and the lowest recorded bid was listed for 23,050 . The volume for the day was 147.9 K. This history from November 21, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 6.74% . The trading price change to the current price is 7.83% . |
Tesna Inc Fundamentals Correlations and Trends
By evaluating Tesna'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 Tesna's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tesna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tesna Stock history
Tesna 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 Tesna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tesna Inc 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 Tesna stock prices may prove useful in developing a viable investing in Tesna
Tesna Stock Technical Analysis
Tesna 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
Tesna Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
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Tesna November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Tesna stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tesna shares will generate the highest return on investment. By undertsting and applying Tesna stock market strength indicators, traders can identify Tesna Inc entry and exit signals to maximize returns
Tesna Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tesna's price direction in advance. Along with the technical and fundamental analysis of Tesna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tesna 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 | (0.12) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (0.93) | |||
Treynor Ratio | 1.31 |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for Tesna Stock analysis
When running Tesna's price analysis, check to measure Tesna'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 Tesna is operating at the current time. Most of Tesna's value examination focuses on studying past and present price action to predict the probability of Tesna's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tesna's price. Additionally, you may evaluate how the addition of Tesna to your portfolios can decrease your overall portfolio volatility.
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