Transakt Stock Price on November 11, 2024
| TAKD Stock | USD 0.02 0.0001 0.50% |
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 0.02, as last reported on the 24th 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 0.1, which indicates the firm had a 0.1% 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 12.83% are justified by taking the suggested risk. Use TransAKT Coefficient Of Variation of 965.71, variance of 17971.01, and Risk Adjusted Performance of 0.0894 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 = 0.1027
| Best Portfolio | Best Equity | TAKD | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 124.92 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
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average TransAKT is performing at about 8% 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.
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TransAKT Valuation on November 11, 2024
It is possible to determine the worth of TransAKT on a given historical date. On November 11, 2024 TransAKT was worth 0.0201 at the beginning of the trading date compared to the closed value of 0.0201. 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 | |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 | |
11/11/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
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TransAKT Trading Date Momentum on November 11, 2024
| On November 12 2024 TransAKT was traded for 0.02 at the closing time. The top price for the day was 0.02 and the lowest listed price was 0.02 . There was no trading activity during the period 1.0. Lack of trading volume on November 12, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.00% . |
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 24, 2024
| High |
0.00 | 0.00 |
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TransAKT November 24, 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 | 0.0894 | |||
| Jensen Alpha | 16.38 | |||
| Total Risk Alpha | (7.24) | |||
| Treynor Ratio | (0.67) |
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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.
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