Technology Telecommunication Stock Price on August 7, 2024

TETE Stock  USD 12.23  0.00  0.00%   
If you're considering investing in Technology Stock, it is important to understand the factors that can impact its price. As of today, the current price of Technology Telecommunicatio stands at 12.23, as last reported on the 3rd of December, with the highest price reaching 12.23 and the lowest price hitting 12.19 during the day. At this point, Technology Telecommunicatio is very steady. Technology Telecommunicatio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0917, which indicates the firm had a 0.0917% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Technology Telecommunication, which you can use to evaluate the volatility of the company. Please validate Technology Telecommunicatio's Risk Adjusted Performance of 0.0368, coefficient of variation of 1237.51, and Semi Deviation of 0.1491 to confirm if the risk estimate we provide is consistent with the expected return of 0.0185%.
  
At present, Technology Telecommunicatio's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 55.9 M, whereas Common Stock Total Equity is forecasted to decline to 272.80. . At present, Technology Telecommunicatio's Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 3.08, whereas Price To Operating Cash Flows Ratio is forecasted to decline to (104.98). Technology Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0917

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Estimated Market Risk

 0.2
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Technology Telecommunicatio 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 Technology Telecommunicatio by adding it to a well-diversified portfolio.
Price Book
3.2533
Book Value
(1.45)
Enterprise Value
76.5 M
Enterprise Value Ebitda
(76.22)
Shares Float
2.7 M

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Technology Telecommunicatio Valuation on August 7, 2024

It is possible to determine the worth of Technology Telecommunicatio on a given historical date. On August 7, 2024 Technology was worth 12.1 at the beginning of the trading date compared to the closed value of 12.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Technology Telecommunicatio stock. Still, in general, we apply an absolute valuation method to find Technology Telecommunicatio'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 Technology Telecommunicatio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Technology Telecommunicatio's related companies.
 Open High Low Close Volume
  12.08    12.08    12.07    12.08    618.00  
08/07/2024
  12.10    12.10    12.05    12.05    100,100  
  12.05    12.05    12.05    12.05    1.00  
Backtest Technology Telecommunicatio  |  Technology Telecommunicatio History  |  Technology Telecommunicatio Valuation   PreviousNext  
Open Value
12.1
12.05
Closing Value
12.70
Upside

Technology Telecommunicatio Trading Date Momentum on August 7, 2024

On August 08 2024 Technology Telecommunication was traded for  12.05  at the closing time. The top price for the day was 12.05  and the lowest listed price was  12.05 . There was no trading activity during the period 1.0. Lack of trading volume on August 8, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.00% .

Technology Telecommunicatio Fundamentals Correlations and Trends

By evaluating Technology Telecommunicatio'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 Technology Telecommunicatio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Technology financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Technology Telecommunicatio Stock history

Technology Telecommunicatio 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 Technology is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Technology Telecommunicatio 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 Technology Telecommunicatio stock prices may prove useful in developing a viable investing in Technology Telecommunicatio
Last ReportedProjected for Next Year
Common Stock Shares Outstanding6.9 M9.5 M
Net Income Applicable To Common Shares950 K997.4 K

Technology Telecommunicatio Stock Technical Analysis

Technology Telecommunicatio 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.
A focus of Technology Telecommunicatio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Technology Telecommunicatio trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Technology Telecommunicatio Period Price Range

Low
December 3, 2024
0.00  NaN%
High

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Technology Telecommunication cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Technology Telecommunicatio December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how Technology Telecommunicatio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Technology Telecommunicatio shares will generate the highest return on investment. By undertsting and applying Technology Telecommunicatio stock market strength indicators, traders can identify Technology Telecommunication entry and exit signals to maximize returns

Technology Telecommunicatio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Technology Telecommunicatio's price direction in advance. Along with the technical and fundamental analysis of Technology Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Technology 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.

Complementary Tools for Technology Stock analysis

When running Technology Telecommunicatio's price analysis, check to measure Technology Telecommunicatio'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 Technology Telecommunicatio is operating at the current time. Most of Technology Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Technology Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Technology Telecommunicatio's price. Additionally, you may evaluate how the addition of Technology Telecommunicatio to your portfolios can decrease your overall portfolio volatility.
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