TANGANDA TEA (Zimbabwe) Price on November 25, 2024
| TANG Stock | 336.25 17.37 4.91% |
If you're considering investing in TANGANDA Stock, it is important to understand the factors that can impact its price. As of today, the current price of TANGANDA TEA stands at 336.25, as last reported on the 1st of December, with the highest price reaching 353.62 and the lowest price hitting 336.25 during the day. At this stage we consider TANGANDA Stock to be very steady. TANGANDA TEA PANY owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0229, which indicates the company had a 0.0229% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for TANGANDA TEA PANY, which you can use to evaluate the volatility of the entity. Please validate TANGANDA TEA's Risk Adjusted Performance of 0.0134, market risk adjusted performance of (0.01), and Downside Deviation of 7.82 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
TANGANDA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TANGANDA |
Sharpe Ratio = 0.0229
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| Cash | Small Risk | Average Risk | TANG | Huge Risk |
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Estimated Market Risk
| 6.52 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average TANGANDA TEA is performing at about 1% 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 TANGANDA TEA by adding it to a well-diversified portfolio.
TANGANDA TEA Valuation on November 25, 2024
It is possible to determine the worth of TANGANDA TEA on a given historical date. On November 25, 2024 TANGANDA was worth 359.79 at the beginning of the trading date compared to the closed value of 359.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TANGANDA TEA stock. Still, in general, we apply an absolute valuation method to find TANGANDA TEA'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 TANGANDA TEA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TANGANDA TEA's related companies.
| Open | High | Low | Close | Volume | |
| 359.79 | 359.79 | 359.79 | 359.79 | 1.00 | |
11/25/2024 | 359.79 | 359.90 | 359.79 | 359.90 | 1,700 |
| 359.90 | 359.90 | 331.46 | 331.46 | 4,100 |
| Backtest TANGANDA TEA | | | TANGANDA TEA History | Previous | Next |
TANGANDA TEA Trading Date Momentum on November 25, 2024
| On November 26 2024 TANGANDA TEA PANY was traded for 331.46 at the closing time. The highest price during the trading period was 359.90 and the lowest recorded bid was listed for 331.46 . The volume for the day was 4.1 K. This history from November 26, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 7.90% . The trading price change to the current price is 1.74% . |
Price Boundaries
TANGANDA TEA Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
TANGANDA TEA PANY cannot be verified against its exchange. Please verify the symbol is currently traded on Zimbabwe Stock 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.
TANGANDA TEA December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how TANGANDA TEA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TANGANDA TEA shares will generate the highest return on investment. By undertsting and applying TANGANDA TEA stock market strength indicators, traders can identify TANGANDA TEA PANY entry and exit signals to maximize returns
TANGANDA TEA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TANGANDA TEA's price direction in advance. Along with the technical and fundamental analysis of TANGANDA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TANGANDA 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 | 0.0134 | |||
| Jensen Alpha | 0.1955 | |||
| Total Risk Alpha | (1.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.02) |
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Additional Tools for TANGANDA Stock Analysis
When running TANGANDA TEA's price analysis, check to measure TANGANDA TEA'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 TANGANDA TEA is operating at the current time. Most of TANGANDA TEA's value examination focuses on studying past and present price action to predict the probability of TANGANDA TEA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TANGANDA TEA's price. Additionally, you may evaluate how the addition of TANGANDA TEA to your portfolios can decrease your overall portfolio volatility.