TAIGA BUILDING (Germany) Price on November 20, 2024
| 4T7 Stock | EUR 2.48 0.04 1.59% |
If you're considering investing in TAIGA Stock, it is important to understand the factors that can impact its price. As of today, the current price of TAIGA BUILDING stands at 2.48, as last reported on the 12th of December 2024, with the highest price reaching 2.48 and the lowest price hitting 2.48 during the day. At this point, TAIGA BUILDING is unstable. TAIGA BUILDING PRODS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0224, which indicates the company had a 0.0224% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for TAIGA BUILDING PRODS, which you can use to evaluate the volatility of the entity. Please validate TAIGA BUILDING's Risk Adjusted Performance of 0.0229, market risk adjusted performance of 0.1688, and Downside Deviation of 2.73 to confirm if the risk estimate we provide is consistent with the expected return of 0.0511%.
TAIGA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TAIGA |
Sharpe Ratio = 0.0224
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| Cash | Small Risk | 4T7 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average TAIGA BUILDING is performing at about 1% 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 TAIGA BUILDING by adding it to a well-diversified portfolio.
TAIGA BUILDING Valuation on November 20, 2024
It is possible to determine the worth of TAIGA BUILDING on a given historical date. On November 20, 2024 TAIGA was worth 2.54 at the beginning of the trading date compared to the closed value of 2.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TAIGA BUILDING stock. Still, in general, we apply an absolute valuation method to find TAIGA BUILDING'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 TAIGA BUILDING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TAIGA BUILDING's related companies.
| Open | High | Low | Close | Volume | |
| 2.54 | 2.54 | 2.54 | 2.54 | 1.00 | |
11/20/2024 | 2.54 | 2.54 | 2.54 | 2.54 | 1.00 |
| 2.56 | 2.56 | 2.56 | 2.56 | 1.00 |
| Backtest TAIGA BUILDING | | | TAIGA BUILDING History | | | TAIGA BUILDING Valuation | Previous | Next |
TAIGA BUILDING Trading Date Momentum on November 20, 2024
| On November 21 2024 TAIGA BUILDING PRODS was traded for 2.56 at the closing time. The highest daily price throughout the period was 2.56 and the lowest price was 2.56 . There was no trading activity during the period 1.0. Lack of trading volume on 11/21/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.79% . The trading price change to current closing price is 2.36% . |
TAIGA BUILDING PRODS Fundamentals Correlations and Trends
By evaluating TAIGA BUILDING'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 TAIGA BUILDING's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TAIGA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TAIGA BUILDING Stock history
TAIGA BUILDING 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 TAIGA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TAIGA BUILDING PRODS 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 TAIGA BUILDING stock prices may prove useful in developing a viable investing in TAIGA BUILDING
Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. Taiga Building Products Ltd. is a subsidiary of Avarga Limited. TAIGA BUILDING operates under Home Improvement Retail classification in Germany and is traded on Frankfurt Stock Exchange. It employs 563 people.
TAIGA BUILDING Stock Technical Analysis
TAIGA BUILDING 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
TAIGA BUILDING Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
TAIGA BUILDING PRODS 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.
TAIGA BUILDING December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how TAIGA BUILDING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TAIGA BUILDING shares will generate the highest return on investment. By undertsting and applying TAIGA BUILDING stock market strength indicators, traders can identify TAIGA BUILDING PRODS entry and exit signals to maximize returns
TAIGA BUILDING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TAIGA BUILDING's price direction in advance. Along with the technical and fundamental analysis of TAIGA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TAIGA 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 | 0.0229 | |||
| Jensen Alpha | 0.0115 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1588 |
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Complementary Tools for TAIGA Stock analysis
When running TAIGA BUILDING's price analysis, check to measure TAIGA BUILDING'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 TAIGA BUILDING is operating at the current time. Most of TAIGA BUILDING's value examination focuses on studying past and present price action to predict the probability of TAIGA BUILDING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TAIGA BUILDING's price. Additionally, you may evaluate how the addition of TAIGA BUILDING to your portfolios can decrease your overall portfolio volatility.
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