Tgs Asa Stock Price on October 18, 2024
TGSNF Stock | USD 9.60 0.60 6.67% |
If you're considering investing in TGS OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of TGS ASA stands at 9.60, as last reported on the 1st of December, with the highest price reaching 9.60 and the lowest price hitting 9.60 during the day. TGS ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0551, which indicates the firm had a -0.0551% return per unit of standard deviation over the last 3 months. TGS ASA exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TGS ASA's risk adjusted performance of (0.09), and Variance of 5.02 to confirm the risk estimate we provide.
TGS OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TGS |
Sharpe Ratio = -0.0551
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Estimated Market Risk
1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TGS ASA 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 TGS ASA by adding TGS ASA to a well-diversified portfolio.
TGS ASA Valuation on October 18, 2024
It is possible to determine the worth of TGS ASA on a given historical date. On October 18, 2024 TGS was worth 9.5 at the beginning of the trading date compared to the closed value of 9.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TGS ASA otc stock. Still, in general, we apply an absolute valuation method to find TGS ASA'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 TGS ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TGS ASA's related companies.
Open | High | Low | Close | Volume | |
9.50 | 9.50 | 9.50 | 9.50 | 1.00 | |
10/18/2024 | 9.50 | 9.50 | 9.50 | 9.50 | 1.00 |
9.50 | 9.50 | 9.50 | 9.50 | 1.00 |
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TGS ASA Trading Date Momentum on October 18, 2024
On October 21 2024 TGS ASA was traded for 9.50 at the closing time. The highest daily price throughout the period was 9.50 and the lowest price was 9.50 . There was no trading activity during the period 1.0. Lack of trading volume on 10/21/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.11% . |
TGS ASA Fundamentals Correlations and Trends
By evaluating TGS ASA'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 TGS ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TGS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TGS ASA OTC Stock history
TGS ASA 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 TGS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TGS ASA 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 TGS ASA stock prices may prove useful in developing a viable investing in TGS ASA
TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway. Tgs ASA operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 471 people.
TGS ASA OTC Stock Technical Analysis
TGS ASA 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
TGS ASA Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
TGS ASA 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.
TGS ASA December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how TGS ASA 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 TGS ASA shares will generate the highest return on investment. By undertsting and applying TGS ASA otc stock market strength indicators, traders can identify TGS ASA entry and exit signals to maximize returns
TGS ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TGS ASA's price direction in advance. Along with the technical and fundamental analysis of TGS OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TGS 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 | (0.09) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | (0.54) |
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Complementary Tools for TGS OTC Stock analysis
When running TGS ASA's price analysis, check to measure TGS ASA'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 TGS ASA is operating at the current time. Most of TGS ASA's value examination focuses on studying past and present price action to predict the probability of TGS ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS ASA's price. Additionally, you may evaluate how the addition of TGS ASA to your portfolios can decrease your overall portfolio volatility.
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