Tangerine Beach (Sri Lanka) Price on October 3, 2024
| TANGN0000 | LKR 64.00 0.60 0.93% |
If you're considering investing in Tangerine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tangerine Beach stands at 64.00, as last reported on the 25th of November, with the highest price reaching 64.50 and the lowest price hitting 63.20 during the day. At this point, Tangerine Beach is very steady. Tangerine Beach Hotels owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0706, which indicates the firm had a 0.0706% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tangerine Beach Hotels, which you can use to evaluate the volatility of the company. Please validate Tangerine Beach's Risk Adjusted Performance of 0.0405, semi deviation of 1.48, and Coefficient Of Variation of 2203.31 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Tangerine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tangerine |
Sharpe Ratio = 0.0706
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Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.13 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 Tangerine Beach 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 Tangerine Beach by adding it to a well-diversified portfolio.
Tangerine Beach Valuation on October 3, 2024
It is possible to determine the worth of Tangerine Beach on a given historical date. On October 3, 2024 Tangerine was worth 60.9 at the beginning of the trading date compared to the closed value of 60.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tangerine Beach stock. Still, in general, we apply an absolute valuation method to find Tangerine Beach'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 Tangerine Beach where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tangerine Beach's related companies.
| Open | High | Low | Close | Volume | |
| 59.20 | 61.00 | 58.10 | 60.90 | 1,923 | |
10/03/2024 | 60.90 | 60.90 | 60.90 | 60.90 | 601.00 |
| 60.90 | 62.50 | 60.90 | 61.20 | 10,319 |
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Tangerine Beach Trading Date Momentum on October 3, 2024
| On October 04 2024 Tangerine Beach Hotels was traded for 61.20 at the closing time. The highest price during the trading period was 62.50 and the lowest recorded bid was listed for 60.90 . The volume for the day was 10.3 K. This history from October 4, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.49% . The trading price change to the current price is 0.16% . |
About Tangerine Beach Stock history
Tangerine Beach 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 Tangerine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tangerine Beach Hotels 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 Tangerine Beach stock prices may prove useful in developing a viable investing in Tangerine Beach
Tangerine Beach Stock Technical Analysis
Tangerine Beach 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
Tangerine Beach Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Tangerine Beach Hotels cannot be verified against its exchange. Please verify the symbol is currently traded on Colombo 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.
Tangerine Beach November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Tangerine Beach stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tangerine Beach shares will generate the highest return on investment. By undertsting and applying Tangerine Beach stock market strength indicators, traders can identify Tangerine Beach Hotels entry and exit signals to maximize returns
Tangerine Beach Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tangerine Beach's price direction in advance. Along with the technical and fundamental analysis of Tangerine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tangerine 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 | 0.0405 | |||
| Jensen Alpha | 0.0599 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.7692 |
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| Volume Indicators |
Complementary Tools for Tangerine Stock analysis
When running Tangerine Beach's price analysis, check to measure Tangerine Beach'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 Tangerine Beach is operating at the current time. Most of Tangerine Beach's value examination focuses on studying past and present price action to predict the probability of Tangerine Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tangerine Beach's price. Additionally, you may evaluate how the addition of Tangerine Beach to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |