Textainer Group Holdings Stock Price on November 8, 2024
| TGHLF Stock | USD 0.86 0.09 11.69% |
If you're considering investing in Textainer OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Textainer Group stands at 0.86, as last reported on the 29th of November, with the highest price reaching 0.86 and the lowest price hitting 0.77 during the day. Textainer Group appears to be extremely dangerous, given 3 months investment horizon. Textainer Group Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0831, which indicates the firm had a 0.0831% return per unit of risk over the last 3 months. We have found thirty technical indicators for Textainer Group Holdings, which you can use to evaluate the volatility of the company. Please review Textainer Group's Risk Adjusted Performance of 0.0705, semi deviation of 2.28, and Coefficient Of Variation of 1223.03 to confirm if our risk estimates are consistent with your expectations.
Textainer OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Textainer |
Sharpe Ratio = 0.0831
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Estimated Market Risk
| 3.56 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Textainer Group is performing at about 6% 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 Textainer Group by adding it to a well-diversified portfolio.
Textainer Group Valuation on November 8, 2024
It is possible to determine the worth of Textainer Group on a given historical date. On November 8, 2024 Textainer was worth 0.78 at the beginning of the trading date compared to the closed value of 0.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Textainer Group otc stock. Still, in general, we apply an absolute valuation method to find Textainer 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 Textainer Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Textainer Group's related companies.
| Open | High | Low | Close | Volume | |
| 0.79 | 0.80 | 0.79 | 0.80 | 11,000 | |
11/08/2024 | 0.78 | 0.80 | 0.78 | 0.80 | 9,050 |
| 0.79 | 0.81 | 0.76 | 0.78 | 23,581 |
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Textainer Group Trading Date Momentum on November 8, 2024
| On November 11 2024 Textainer Group Holdings was traded for 0.78 at the closing time. The highest daily price throughout the period was 0.81 and the lowest price was 0.76 . The daily volume was 23.6 K. The net trading volume on 11/11/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.50% . The trading price change to current closing price is 6.25% . |
Textainer Group Holdings Fundamentals Correlations and Trends
By evaluating Textainer Group'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 Textainer Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Textainer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Textainer Group OTC Stock history
Textainer Group 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 Textainer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Textainer Group 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 Textainer Group stock prices may prove useful in developing a viable investing in Textainer Group
Tornado Global Hydrovacs Ltd., through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks in North America and China. Tornado Global Hydrovacs Ltd. was incorporated in 2016 and is headquartered in Calgary, Canada. Tornado Global is traded on OTC Exchange in the United States.
Textainer Group OTC Stock Technical Analysis
Textainer Group technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Textainer Group Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Textainer Group Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Textainer Group November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Textainer Group otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Textainer Group shares will generate the highest return on investment. By undertsting and applying Textainer Group otc stock market strength indicators, traders can identify Textainer Group Holdings entry and exit signals to maximize returns
Textainer Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Textainer Group's price direction in advance. Along with the technical and fundamental analysis of Textainer OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Textainer 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 | 0.0705 | |||
| Jensen Alpha | 0.3775 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | (0.32) |
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Complementary Tools for Textainer OTC Stock analysis
When running Textainer Group's price analysis, check to measure Textainer Group'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 Textainer Group is operating at the current time. Most of Textainer Group's value examination focuses on studying past and present price action to predict the probability of Textainer Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textainer Group's price. Additionally, you may evaluate how the addition of Textainer Group to your portfolios can decrease your overall portfolio volatility.
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