Tabcorp Holdings (Australia) Price on May 25, 2023
| TAH Stock | 0.55 0.01 1.85% |
Below is the normalized historical share price chart for Tabcorp Holdings extending back to August 31, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tabcorp Holdings stands at 0.55, as last reported on the 29th of November, with the highest price reaching 0.56 and the lowest price hitting 0.54 during the day.
If you're considering investing in Tabcorp Stock, it is important to understand the factors that can impact its price. Tabcorp Holdings appears to be abnormally volatile, given 3 months investment horizon. Tabcorp Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tabcorp Holdings, which you can use to evaluate the volatility of the company. Please review Tabcorp Holdings' Semi Deviation of 2.59, risk adjusted performance of 0.09, and Coefficient Of Variation of 931.33 to confirm if our risk estimates are consistent with your expectations.
At this time, Tabcorp Holdings' Common Stock Total Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 2.4 B in 2024, whereas Treasury Stock is likely to drop (1.2 M) in 2024. . Tabcorp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.6126 | 50 Day MA 0.4856 | Beta 0.682 |
Tabcorp |
Sharpe Ratio = 0.1421
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TAH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Tabcorp Holdings 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 Tabcorp Holdings by adding it to a well-diversified portfolio.
Price Book 1.0078 | Enterprise Value Ebitda (25.70) | Price Sales 0.5181 | Shares Float 2.2 B | Dividend Share 0.013 |
Tabcorp Holdings Valuation on May 25, 2023
It is possible to determine the worth of Tabcorp Holdings on a given historical date. On May 25, 2023 Tabcorp was worth 1.09 at the beginning of the trading date compared to the closed value of 1.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tabcorp Holdings stock. Still, in general, we apply an absolute valuation method to find Tabcorp Holdings' 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 Tabcorp Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tabcorp Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 1.10 | 1.10 | 1.09 | 1.09 | 7,592,390 | |
05/25/2023 | 1.09 | 1.10 | 1.09 | 1.09 | 5,041,595 |
| 1.09 | 1.10 | 1.08 | 1.09 | 4,994,311 |
| Backtest Tabcorp Holdings | | | Tabcorp Holdings History | | | Tabcorp Holdings Valuation | Previous | Next |
Tabcorp Holdings Trading Date Momentum on May 25, 2023
| On May 26 2023 Tabcorp Holdings was traded for 1.09 at the closing time. The maximum traded price for the trading interval was 1.10 and the lowest daily price was 1.08 . The daily volume was recorded at 5 M. The volume of trading on 26th of May 2023 did not result in any price rise and fall. The trading price change to the closing price today is 3.67% . |
Tabcorp Holdings Fundamentals Correlations and Trends
By evaluating Tabcorp Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tabcorp Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tabcorp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tabcorp Holdings Stock history
Tabcorp Holdings 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 Tabcorp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tabcorp Holdings 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 Tabcorp Holdings stock prices may prove useful in developing a viable investing in Tabcorp Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.3 B | 2.4 B | |
| Net Income Applicable To Common Shares | 59.9 M | 56.9 M |
Tabcorp Holdings Stock Technical Analysis
Tabcorp Holdings 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
Tabcorp Holdings Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Tabcorp Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Tabcorp Holdings November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tabcorp Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tabcorp Holdings shares will generate the highest return on investment. By undertsting and applying Tabcorp Holdings stock market strength indicators, traders can identify Tabcorp Holdings entry and exit signals to maximize returns
Tabcorp Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tabcorp Holdings' price direction in advance. Along with the technical and fundamental analysis of Tabcorp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tabcorp 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 | 0.09 | |||
| Jensen Alpha | 0.2366 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0675 | |||
| Treynor Ratio | 0.3579 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Tabcorp Stock Analysis
When running Tabcorp Holdings' price analysis, check to measure Tabcorp Holdings' 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 Tabcorp Holdings is operating at the current time. Most of Tabcorp Holdings' value examination focuses on studying past and present price action to predict the probability of Tabcorp Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tabcorp Holdings' price. Additionally, you may evaluate how the addition of Tabcorp Holdings to your portfolios can decrease your overall portfolio volatility.