Tcl Electronics Holdings Stock Price on June 20, 2024
| TCLHF Stock | USD 0.70 0.04 6.06% |
If you're considering investing in TCL Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of TCL Electronics stands at 0.70, as last reported on the 1st of December, with the highest price reaching 0.70 and the lowest price hitting 0.63 during the day. TCL Electronics appears to be abnormally volatile, given 3 months investment horizon. TCL Electronics Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.099, which indicates the company had a 0.099% return per unit of standard deviation over the last 3 months. By examining TCL Electronics' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review TCL Electronics' Risk Adjusted Performance of 0.083, downside deviation of 8.98, and Market Risk Adjusted Performance of 1.4 to confirm if our risk estimates are consistent with your expectations.
TCL Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
TCL |
Sharpe Ratio = 0.099
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Estimated Market Risk
| 5.08 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average TCL Electronics is performing at about 7% 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 TCL Electronics by adding it to a well-diversified portfolio.
TCL Electronics Valuation on June 20, 2024
It is possible to determine the worth of TCL Electronics on a given historical date. On June 20, 2024 TCL was worth 0.78 at the beginning of the trading date compared to the closed value of 0.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TCL Electronics pink sheet. Still, in general, we apply an absolute valuation method to find TCL Electronics' 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 TCL Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TCL Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 0.73 | 0.73 | 0.73 | 0.73 | 1.00 | |
06/20/2024 | 0.78 | 0.81 | 0.78 | 0.81 | 17,700 |
| 0.81 | 0.82 | 0.81 | 0.82 | 4,900 |
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TCL Electronics Trading Date Momentum on June 20, 2024
| On June 21 2024 TCL Electronics Holdings was traded for 0.82 at the closing time. The highest daily price throughout the period was 0.82 and the lowest price was 0.81 . The daily volume was 4.9 K. The net trading volume on 06/21/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 1.23% . The trading price change to current closing price is 7.41% . |
TCL Electronics Holdings Fundamentals Correlations and Trends
By evaluating TCL Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TCL Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TCL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TCL Electronics Pink Sheet history
TCL Electronics 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 TCL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TCL Electronics Holdings 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 TCL Electronics stock prices may prove useful in developing a viable investing in TCL Electronics
TCL Electronics Holdings Limited, an investment holding company, operates as a consumer electronics company in the Peoples Republic of China, Europe, North America, and internationally. TCL Electronics Holdings Limited is a subsidiary of TCL Technology Group Corporation. Tcl Multimedia is traded on OTC Exchange in the United States.
TCL Electronics Pink Sheet Technical Analysis
TCL Electronics 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
TCL Electronics Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
TCL Electronics Holdings 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.
TCL Electronics December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how TCL Electronics 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 TCL Electronics shares will generate the highest return on investment. By undertsting and applying TCL Electronics pink sheet market strength indicators, traders can identify TCL Electronics Holdings entry and exit signals to maximize returns
TCL Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TCL Electronics' price direction in advance. Along with the technical and fundamental analysis of TCL Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of TCL 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 | 0.083 | |||
| Jensen Alpha | 0.4339 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.039 | |||
| Treynor Ratio | 1.39 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for TCL Pink Sheet analysis
When running TCL Electronics' price analysis, check to measure TCL Electronics' 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 TCL Electronics is operating at the current time. Most of TCL Electronics' value examination focuses on studying past and present price action to predict the probability of TCL Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TCL Electronics' price. Additionally, you may evaluate how the addition of TCL Electronics to your portfolios can decrease your overall portfolio volatility.
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