TAT HONG (Germany) Price on November 28, 2024
| 1Q2 Stock | EUR 0.14 0.02 16.67% |
If you're considering investing in TAT Stock, it is important to understand the factors that can impact its price. As of today, the current price of TAT HONG stands at 0.14, as last reported on the 2nd of December, with the highest price reaching 0.14 and the lowest price hitting 0.12 during the day. TAT HONG appears to be out of control, given 3 months investment horizon. TAT HONG EQSRV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the company had a 0.15% return per unit of standard deviation over the last 3 months. By examining TAT HONG's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please review TAT HONG's Market Risk Adjusted Performance of 16.79, downside deviation of 11.54, and Risk Adjusted Performance of 0.1227 to confirm if our risk estimates are consistent with your expectations.
TAT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TAT |
Sharpe Ratio = 0.1489
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Estimated Market Risk
| 6.28 actual daily | 55 55% of assets are less volatile |
Expected Return
| 0.94 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average TAT HONG is performing at about 11% 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 TAT HONG by adding it to a well-diversified portfolio.
TAT HONG Valuation on November 28, 2024
It is possible to determine the worth of TAT HONG on a given historical date. On November 28, 2024 TAT was worth 0.12 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TAT HONG stock. Still, in general, we apply an absolute valuation method to find TAT HONG'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 TAT HONG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TAT HONG's related companies.
| Open | High | Low | Close | Volume | |
| 0.12 | 0.14 | 0.12 | 0.14 | 1.00 | |
11/28/2024 | 0.12 | 0.14 | 0.12 | 0.14 | 1.00 |
| 0.12 | 0.14 | 0.12 | 0.14 | 1.00 |
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TAT HONG Trading Date Momentum on November 28, 2024
| On November 29 2024 TAT HONG EQSRV was traded for 0.14 at the closing time. The highest daily price throughout the period was 0.14 and the lowest price was 0.12 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 did not result in any price rise and fall. The trading price change to current closing price is 14.29% . |
TAT HONG EQSRV Fundamentals Correlations and Trends
By evaluating TAT HONG'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 TAT HONG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TAT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TAT HONG Stock history
TAT HONG 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 TAT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TAT HONG EQSRV 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 TAT HONG stock prices may prove useful in developing a viable investing in TAT HONG
Tat Hong Equipment Service Co., Ltd. provides tower crane solutions in the Peoples Republic of China. Tat Hong Equipment Service Co., Ltd. is a subsidiary of Tat Hong Equipment Pte. TAT HONG operates under Farm Heavy Construction Machinery classification in Germany and is traded on Frankfurt Stock Exchange. It employs 810 people.
TAT HONG Stock Technical Analysis
TAT HONG 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
TAT HONG Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
TAT HONG EQSRV cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
TAT HONG December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how TAT HONG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TAT HONG shares will generate the highest return on investment. By undertsting and applying TAT HONG stock market strength indicators, traders can identify TAT HONG EQSRV entry and exit signals to maximize returns
TAT HONG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TAT HONG's price direction in advance. Along with the technical and fundamental analysis of TAT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TAT 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 | 0.1227 | |||
| Jensen Alpha | 0.914 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0688 | |||
| Treynor Ratio | 16.78 |
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| Volume Indicators |
Complementary Tools for TAT Stock analysis
When running TAT HONG's price analysis, check to measure TAT HONG'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 TAT HONG is operating at the current time. Most of TAT HONG's value examination focuses on studying past and present price action to predict the probability of TAT HONG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TAT HONG's price. Additionally, you may evaluate how the addition of TAT HONG to your portfolios can decrease your overall portfolio volatility.
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