Tecnoglass Stock Price on June 28, 2024
TGLS Stock | USD 79.66 0.72 0.91% |
Below is the normalized historical share price chart for Tecnoglass extending back to May 10, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tecnoglass stands at 79.66, as last reported on the 29th of November, with the highest price reaching 79.91 and the lowest price hitting 78.53 during the day.
If you're considering investing in Tecnoglass Stock, it is important to understand the factors that can impact its price. Tecnoglass appears to be very steady, given 3 months investment horizon. Tecnoglass owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tecnoglass, which you can use to evaluate the volatility of the company. Please review Tecnoglass' Semi Deviation of 2.2, risk adjusted performance of 0.1287, and Coefficient Of Variation of 629.53 to confirm if our risk estimates are consistent with your expectations.
At this time, Tecnoglass' Total Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 22.6 M in 2024, whereas Common Stock Total Equity is likely to drop 3,510 in 2024. . At this time, Tecnoglass' Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 12.47 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 14.86 in 2024. Tecnoglass Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of March 2012 | 200 Day MA 57.4114 | 50 Day MA 72.0652 | Beta 1.869 |
Tecnoglass |
Sharpe Ratio = 0.1965
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Estimated Market Risk
2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Tecnoglass is performing at about 15% 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 Tecnoglass by adding it to a well-diversified portfolio.
Price Book 6.104 | Enterprise Value Ebitda 15.4126 | Price Sales 4.4292 | Shares Float 22 M | Dividend Share 0.42 |
Related Headline
Clearfield Headline on 28th of June 2024
Acquisition by Daniel Herzog of 688 shares of Clearfield at ... by Daniel Herzog
Filed transaction by Clearfield Officer: Chief Financial Officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Tecnoglass Valuation on June 28, 2024
It is possible to determine the worth of Tecnoglass on a given historical date. On June 28, 2024 Tecnoglass was worth 49.25 at the beginning of the trading date compared to the closed value of 50.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tecnoglass stock. Still, in general, we apply an absolute valuation method to find Tecnoglass' 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 Tecnoglass where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tecnoglass' related companies.
Open | High | Low | Close | Volume | |
48.99 | 50.56 | 48.56 | 49.43 | 795,616 | |
06/28/2024 | 49.25 | 50.36 | 49.25 | 50.10 | 3,578,328 |
50.06 | 50.60 | 49.03 | 50.21 | 438,055 |
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Tecnoglass Trading Date Momentum on June 28, 2024
On July 01 2024 Tecnoglass was traded for 50.21 at the closing time. The top price for the day was 50.60 and the lowest listed price was 49.03 . The trading volume for the day was 438.1 K. The trading history from July 1, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.22% . The trading price change against the current closing price is 2.36% . |
Tecnoglass Fundamentals Correlations and Trends
By evaluating Tecnoglass' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tecnoglass' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tecnoglass financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tecnoglass Stock history
Tecnoglass 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 Tecnoglass is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tecnoglass 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 Tecnoglass stock prices may prove useful in developing a viable investing in Tecnoglass
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 47.5 M | 36.9 M | |
Net Income Applicable To Common Shares | 179.1 M | 188.1 M |
Tecnoglass Quarterly Net Working Capital |
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Tecnoglass Stock Technical Analysis
Tecnoglass 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
Tecnoglass Period Price Range
Low | November 29, 2024
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0.00 | 0.00 |
Tecnoglass cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Tecnoglass November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tecnoglass stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tecnoglass shares will generate the highest return on investment. By undertsting and applying Tecnoglass stock market strength indicators, traders can identify Tecnoglass entry and exit signals to maximize returns
Tecnoglass Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tecnoglass' price direction in advance. Along with the technical and fundamental analysis of Tecnoglass Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tecnoglass 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 | 0.1287 | |||
Jensen Alpha | 0.2388 | |||
Total Risk Alpha | 0.0109 | |||
Sortino Ratio | 0.1035 | |||
Treynor Ratio | 0.2978 |
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Additional Tools for Tecnoglass Stock Analysis
When running Tecnoglass' price analysis, check to measure Tecnoglass' 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 Tecnoglass is operating at the current time. Most of Tecnoglass' value examination focuses on studying past and present price action to predict the probability of Tecnoglass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecnoglass' price. Additionally, you may evaluate how the addition of Tecnoglass to your portfolios can decrease your overall portfolio volatility.