Transportadora (Argentina) Price on December 16, 2024

TGNO4 Stock  ARS 3,915  75.00  1.88%   
If you're considering investing in Transportadora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Transportadora stands at 3,915, as last reported on the 2nd of February, with the highest price reaching 4,190 and the lowest price hitting 3,900 during the day. Transportadora appears to be very steady, given 3 months investment horizon. Transportadora de Gas owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0967, which indicates the firm had a 0.0967 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Transportadora de Gas, which you can use to evaluate the volatility of the company. Please review Transportadora's Coefficient Of Variation of 702.95, semi deviation of 2.97, and Risk Adjusted Performance of 0.1267 to confirm if our risk estimates are consistent with your expectations.
  
Transportadora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0967

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Estimated Market Risk

 3.02
  actual daily
26
74% of assets are more volatile

Expected Return

 0.29
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Transportadora 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 Transportadora by adding it to a well-diversified portfolio.

Transportadora Valuation on December 16, 2024

It is possible to determine the worth of Transportadora on a given historical date. On December 16, 2024 Transportadora was worth 4100.0 at the beginning of the trading date compared to the closed value of 4180.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transportadora stock. Still, in general, we apply an absolute valuation method to find Transportadora'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 Transportadora where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transportadora's related companies.
 Open High Low Close Volume
  3,970    4,075    3,925    4,050    620,544  
12/16/2024
  4,100    4,235    4,075    4,180    794,109  
  4,200    4,385    4,130    4,370    703,064  
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Open Value
4100.0
4180.0
Closing Value
4,109
Upside

Transportadora Trading Date Momentum on December 16, 2024

On December 17 2024 Transportadora de Gas was traded for  4,370  at the closing time. The highest price during the trading period was 4,385  and the lowest recorded bid was listed for  4,130 . The volume for the day was 703.1 K. This history from December 17, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 4.55% . The trading price change to the current price is 1.67% .

Transportadora de Gas Fundamentals Correlations and Trends

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

About Transportadora Stock history

Transportadora 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 Transportadora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transportadora de Gas 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 Transportadora stock prices may prove useful in developing a viable investing in Transportadora
Transportadora de Gas del Norte S.A. transports natural gas in the north and central west regions of Argentina. The company was founded in 1992 and is headquartered in Buenos Aires, Argentina. TRANSPORT GAS is traded on Buenos-Aires Stock Exchange in Argentina.

Transportadora Stock Technical Analysis

Transportadora 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 Transportadora technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Transportadora 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

Transportadora Period Price Range

Low
February 2, 2025
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High

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Transportadora de Gas cannot be verified against its exchange. Please verify the symbol is currently traded on Buenos Aires 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.

Transportadora February 2, 2025 Market Strength

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

Transportadora Technical and Predictive Indicators

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

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