Tong Herr (Malaysia) Price on October 18, 2024
| 5010 Stock | 1.70 0.01 0.59% |
If you're considering investing in Tong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tong Herr stands at 1.70, as last reported on the 28th of November, with the highest price reaching 1.70 and the lowest price hitting 1.69 during the day. Tong Herr Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Tong Herr Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tong Herr's Risk Adjusted Performance of (0.08), coefficient of variation of (846.81), and Variance of 2.99 to confirm the risk estimate we provide.
Tong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tong |
Sharpe Ratio = -0.1694
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| Negative Returns | 5010 |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tong Herr 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 Tong Herr by adding Tong Herr to a well-diversified portfolio.
Tong Herr Valuation on October 18, 2024
It is possible to determine the worth of Tong Herr on a given historical date. On October 18, 2024 Tong was worth 1.82 at the beginning of the trading date compared to the closed value of 1.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tong Herr stock. Still, in general, we apply an absolute valuation method to find Tong Herr'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 Tong Herr where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tong Herr's related companies.
| Open | High | Low | Close | Volume | |
| 1.85 | 1.85 | 1.81 | 1.81 | 46,300 | |
10/18/2024 | 1.82 | 1.82 | 1.82 | 1.82 | 4,100 |
| 1.90 | 1.90 | 1.82 | 1.82 | 8,000 |
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Tong Herr Trading Date Momentum on October 18, 2024
| On October 21 2024 Tong Herr Resources was traded for 1.82 at the closing time. The highest price during the trading period was 1.90 and the lowest recorded bid was listed for 1.82 . The volume for the day was 8 K. This history from October 21, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.10% . |
Price Boundaries
Tong Herr Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Tong Herr Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur 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.
Tong Herr November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Tong Herr stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tong Herr shares will generate the highest return on investment. By undertsting and applying Tong Herr stock market strength indicators, traders can identify Tong Herr Resources entry and exit signals to maximize returns
Tong Herr Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tong Herr's price direction in advance. Along with the technical and fundamental analysis of Tong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tong 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.