TME Pharma (France) Price on September 17, 2024
| ALTME Stock | 0.15 0.01 7.14% |
If you're considering investing in TME Stock, it is important to understand the factors that can impact its price. As of today, the current price of TME Pharma stands at 0.15, as last reported on the 27th of November, with the highest price reaching 0.16 and the lowest price hitting 0.15 during the day. Currently, TME Pharma NV is out of control. TME Pharma NV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0104, which indicates the firm had a 0.0104% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for TME Pharma NV, which you can use to evaluate the volatility of the company. Please validate TME Pharma's coefficient of variation of 3493.82, and Risk Adjusted Performance of 0.0306 to confirm if the risk estimate we provide is consistent with the expected return of 0.0597%.
TME Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TME |
Sharpe Ratio = 0.0104
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| Cash | Small Risk | Average Risk | ALTME | Huge Risk |
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Estimated Market Risk
| 5.72 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TME Pharma 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 TME Pharma by adding TME Pharma to a well-diversified portfolio.
TME Pharma Valuation on September 17, 2024
It is possible to determine the worth of TME Pharma on a given historical date. On September 17, 2024 TME was worth 0.15 at the beginning of the trading date compared to the closed value of 0.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TME Pharma stock. Still, in general, we apply an absolute valuation method to find TME Pharma'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 TME Pharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TME Pharma's related companies.
| Open | High | Low | Close | Volume | |
| 0.13 | 0.16 | 0.13 | 0.16 | 911,300 | |
09/17/2024 | 0.15 | 0.16 | 0.14 | 0.15 | 274,682 |
| 0.15 | 0.15 | 0.15 | 0.15 | 129,267 |
| Backtest TME Pharma | | | TME Pharma History | Previous | Next |
TME Pharma Trading Date Momentum on September 17, 2024
| On September 18 2024 TME Pharma NV was traded for 0.15 at the closing time. The highest price during the trading period was 0.15 and the lowest recorded bid was listed for 0.15 . The volume for the day was 129.3 K. This history from September 18, 2024 did not result in any price rise and fall. The trading price change to the current price is 6.67% . |
Price Boundaries
TME Pharma Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
TME Pharma NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
TME Pharma November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how TME Pharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TME Pharma shares will generate the highest return on investment. By undertsting and applying TME Pharma stock market strength indicators, traders can identify TME Pharma NV entry and exit signals to maximize returns
TME Pharma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TME Pharma's price direction in advance. Along with the technical and fundamental analysis of TME Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TME 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 | 0.0306 | |||
| Jensen Alpha | 0.3502 | |||
| Total Risk Alpha | (0.75) | |||
| Sortino Ratio | 0.0041 | |||
| Treynor Ratio | (0.1) |
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Additional Tools for TME Stock Analysis
When running TME Pharma's price analysis, check to measure TME Pharma'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 TME Pharma is operating at the current time. Most of TME Pharma's value examination focuses on studying past and present price action to predict the probability of TME Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TME Pharma's price. Additionally, you may evaluate how the addition of TME Pharma to your portfolios can decrease your overall portfolio volatility.