Transakt Stock Price on July 24, 2023
| TAKD Stock | USD 0.03 0.01 38.50% |
If you're considering investing in TransAKT Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of TransAKT stands at 0.03, as last reported on the 30th of November, with the highest price reaching 0.03 and the lowest price hitting 0.02 during the day. TransAKT is out of control given 3 months investment horizon. TransAKT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to collect data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 14.4% are justified by taking the suggested risk. Use TransAKT Coefficient Of Variation of 879.75, variance of 17916.72, and Risk Adjusted Performance of 0.0968 to evaluate company specific risk that cannot be diversified away.
TransAKT Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
TransAKT |
Sharpe Ratio = 0.1146
| Best Portfolio | Best Equity | TAKD | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 125.68 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average TransAKT is performing at about 9% 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 TransAKT by adding it to a well-diversified portfolio.
TransAKT Valuation on July 24, 2023
It is possible to determine the worth of TransAKT on a given historical date. On July 24, 2023 TransAKT was worth 0.011 at the beginning of the trading date compared to the closed value of 0.011. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TransAKT pink sheet. Still, in general, we apply an absolute valuation method to find TransAKT'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 TransAKT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TransAKT's related companies.
| Open | High | Low | Close | Volume | |
| 0 | 0 | 0 | 0 | 1.00 | |
07/24/2023 | 0.01 | 0.01 | 0.01 | 0.01 | 10,000 |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
| Backtest TransAKT | | | TransAKT History | | | TransAKT Valuation | Previous | Next |
TransAKT Trading Date Momentum on July 24, 2023
| On July 25 2023 TransAKT was traded for 0.01 at the closing time. The top price for the day was 0.01 and the lowest listed price was 0.01 . There was no trading activity during the period 1.0. Lack of trading volume on July 25, 2023 did not result in any price rise and fall. The trading price change against the current closing price is 59.09% . |
TransAKT Fundamentals Correlations and Trends
By evaluating TransAKT'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 TransAKT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TransAKT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TransAKT Pink Sheet history
TransAKT 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 TransAKT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TransAKT 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 TransAKT stock prices may prove useful in developing a viable investing in TransAKT
TransAKT Ltd., through its subsidiary, TransAKT Bio Agritech Ltd., engages in the research and development of agricultural technology. The company was incorporated in 1996 and is based in Fo Tan, Hong Kong. Transakt is traded on OTC Exchange in the United States.
TransAKT Pink Sheet Technical Analysis
TransAKT technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
TransAKT Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
TransAKT cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
TransAKT November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how TransAKT pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TransAKT shares will generate the highest return on investment. By undertsting and applying TransAKT pink sheet market strength indicators, traders can identify TransAKT entry and exit signals to maximize returns
TransAKT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TransAKT's price direction in advance. Along with the technical and fundamental analysis of TransAKT Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of TransAKT 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 | 0.0968 | |||
| Jensen Alpha | 17.89 | |||
| Total Risk Alpha | (7.14) | |||
| Treynor Ratio | (0.72) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for TransAKT Pink Sheet analysis
When running TransAKT's price analysis, check to measure TransAKT'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 TransAKT is operating at the current time. Most of TransAKT's value examination focuses on studying past and present price action to predict the probability of TransAKT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAKT's price. Additionally, you may evaluate how the addition of TransAKT to your portfolios can decrease your overall portfolio volatility.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |