Tiangong International (Germany) Price on May 21, 2024
| 34T1 Stock | EUR 0.25 0.01 4.17% |
If you're considering investing in Tiangong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tiangong International stands at 0.25, as last reported on the 3rd of December, with the highest price reaching 0.25 and the lowest price hitting 0.21 during the day. Tiangong International appears to be out of control, given 3 months investment horizon. Tiangong International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. By inspecting Tiangong International's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please review Tiangong International's Semi Deviation of 2.89, risk adjusted performance of 0.1301, and Coefficient Of Variation of 626.91 to confirm if our risk estimates are consistent with your expectations.
Tiangong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tiangong |
Sharpe Ratio = 0.1855
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Estimated Market Risk
| 4.17 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Tiangong International is performing at about 14% 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 Tiangong International by adding it to a well-diversified portfolio.
Tiangong International Valuation on May 21, 2024
It is possible to determine the worth of Tiangong International on a given historical date. On May 21, 2024 Tiangong was worth 0.14 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 Tiangong International stock. Still, in general, we apply an absolute valuation method to find Tiangong International'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 Tiangong International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tiangong International's related companies.
| Open | High | Low | Close | Volume | |
| 0.15 | 0.15 | 0.15 | 0.15 | 1.00 | |
05/21/2024 | 0.14 | 0.14 | 0.14 | 0.14 | 1.00 |
| 0.14 | 0.14 | 0.14 | 0.14 | 1.00 |
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Tiangong International Trading Date Momentum on May 21, 2024
| On May 22 2024 Tiangong International was traded for 0.14 at the closing time. The highest price during the trading period was 0.14 and the lowest recorded bid was listed for 0.14 . There was no trading activity during the period 1.0. Lack of trading volume on May 22, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Tiangong International Fundamentals Correlations and Trends
By evaluating Tiangong International'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 Tiangong International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tiangong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tiangong International Stock history
Tiangong International 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 Tiangong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tiangong International 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 Tiangong International stock prices may prove useful in developing a viable investing in Tiangong International
Tiangong International Company Limited produces and sells die steel , high speed steel , cutting tools, and titanium alloys. The company was founded in 1981 and is headquartered in Danyang, the Peoples Republic of China. TIANGONG INTL operates under Steel classification in Germany and is traded on Munich Stock Exchange. It employs 3071 people.
Tiangong International Stock Technical Analysis
Tiangong International 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
Tiangong International Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Tiangong International cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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.
Tiangong International December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Tiangong International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tiangong International shares will generate the highest return on investment. By undertsting and applying Tiangong International stock market strength indicators, traders can identify Tiangong International entry and exit signals to maximize returns
Tiangong International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tiangong International's price direction in advance. Along with the technical and fundamental analysis of Tiangong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tiangong 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 | 0.1301 | |||
| Jensen Alpha | 0.6012 | |||
| Total Risk Alpha | 0.0319 | |||
| Sortino Ratio | 0.0932 | |||
| Treynor Ratio | 1.22 |
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Additional Tools for Tiangong Stock Analysis
When running Tiangong International's price analysis, check to measure Tiangong International'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 Tiangong International is operating at the current time. Most of Tiangong International's value examination focuses on studying past and present price action to predict the probability of Tiangong International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tiangong International's price. Additionally, you may evaluate how the addition of Tiangong International to your portfolios can decrease your overall portfolio volatility.