Tamtron Group (Finland) Price on August 26, 2024
TAMTRON Stock | 5.76 0.16 2.70% |
If you're considering investing in Tamtron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tamtron Group stands at 5.76, as last reported on the 30th of November, with the highest price reaching 5.94 and the lowest price hitting 5.76 during the day. As of now, Tamtron Stock is somewhat reliable. Tamtron Group Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0729, which indicates the firm had a 0.0729% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tamtron Group Oyj, which you can use to evaluate the volatility of the company. Please validate Tamtron Group's Coefficient Of Variation of 1454.05, risk adjusted performance of 0.0578, and Semi Deviation of 1.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Tamtron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tamtron |
Sharpe Ratio = 0.0729
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Estimated Market Risk
1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tamtron Group is performing at about 5% 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 Tamtron Group by adding it to a well-diversified portfolio.
Tamtron Group Valuation on August 26, 2024
It is possible to determine the worth of Tamtron Group on a given historical date. On August 26, 2024 Tamtron was worth 5.5 at the beginning of the trading date compared to the closed value of 5.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tamtron Group stock. Still, in general, we apply an absolute valuation method to find Tamtron Group'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 Tamtron Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tamtron Group's related companies.
Open | High | Low | Close | Volume | |
5.46 | 5.48 | 5.46 | 5.48 | 400.00 | |
08/26/2024 | 5.50 | 5.58 | 5.50 | 5.54 | 2,888 |
5.54 | 5.54 | 5.54 | 5.54 | 1.00 |
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Tamtron Group Trading Date Momentum on August 26, 2024
On August 27 2024 Tamtron Group Oyj was traded for 5.54 at the closing time. The highest price during the trading period was 5.54 and the lowest recorded bid was listed for 5.54 . There was no trading activity during the period 1.0. Lack of trading volume on August 27, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.36% . |
Price Boundaries
Tamtron Group Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Tamtron Group November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Tamtron Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tamtron Group shares will generate the highest return on investment. By undertsting and applying Tamtron Group stock market strength indicators, traders can identify Tamtron Group Oyj entry and exit signals to maximize returns
Tamtron Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tamtron Group's price direction in advance. Along with the technical and fundamental analysis of Tamtron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tamtron 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.