True Games (Poland) Price on August 16, 2024
| TGS Stock | 0.47 0.03 6.82% |
If you're considering investing in True Stock, it is important to understand the factors that can impact its price. As of today, the current price of True Games stands at 0.47, as last reported on the 29th of November, with the highest price reaching 0.47 and the lowest price hitting 0.41 during the day. True Games Syndicate owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. True Games Syndicate exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate True Games' Risk Adjusted Performance of (0.04), variance of 26.14, and Coefficient Of Variation of (1,477) to confirm the risk estimate we provide.
True Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
True |
Sharpe Ratio = -0.1324
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Estimated Market Risk
| 3.49 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average True Games is not performing at its full potential. However, 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 True Games by adding True Games to a well-diversified portfolio.
True Games Valuation on August 16, 2024
It is possible to determine the worth of True Games on a given historical date. On August 16, 2024 True was worth 0.65 at the beginning of the trading date compared to the closed value of 0.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of True Games stock. Still, in general, we apply an absolute valuation method to find True Games' 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 True Games where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against True Games' related companies.
| Open | High | Low | Close | Volume | |
| 0.65 | 0.65 | 0.61 | 0.64 | 15,606 | |
08/16/2024 | 0.65 | 0.65 | 0.59 | 0.64 | 11,858 |
| 0.67 | 0.69 | 0.60 | 0.65 | 7,076 |
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True Games Trading Date Momentum on August 16, 2024
| On August 19 2024 True Games Syndicate was traded for 0.65 at the closing time. The highest price during the trading period was 0.69 and the lowest recorded bid was listed for 0.60 . The volume for the day was 7.1 K. This history from August 19, 2024 contributed to the next trading day price gain. The trading price change to the next closing price was 1.56% . The trading price change to the current price is 25.00% . |
About True Games Stock history
True Games 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 True is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in True Games Syndicate 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 True Games stock prices may prove useful in developing a viable investing in True Games
True Games Stock Technical Analysis
True Games 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
True Games Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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True Games November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how True Games stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading True Games shares will generate the highest return on investment. By undertsting and applying True Games stock market strength indicators, traders can identify True Games Syndicate entry and exit signals to maximize returns
True Games Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for True Games' price direction in advance. Along with the technical and fundamental analysis of True Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of True 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 | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (1.13) | |||
| Treynor Ratio | 0.2918 |
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Additional Tools for True Stock Analysis
When running True Games' price analysis, check to measure True Games' 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 True Games is operating at the current time. Most of True Games' value examination focuses on studying past and present price action to predict the probability of True Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True Games' price. Additionally, you may evaluate how the addition of True Games to your portfolios can decrease your overall portfolio volatility.