Thk Co Ltd Stock Price on December 3, 2024
| THKLY Stock | USD 11.80 0.05 0.42% |
If you're considering investing in THK Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of THK Co stands at 11.80, as last reported on the 11th of December 2024, with the highest price reaching 12.45 and the lowest price hitting 11.80 during the day. THK Co appears to be somewhat reliable, given 3 months investment horizon. THK Co owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of volatility over the last 3 months. By examining THK Co's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please review THK Co's coefficient of variation of 646.07, and Risk Adjusted Performance of 0.1196 to confirm if our risk estimates are consistent with your expectations.
THK Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
THK |
Sharpe Ratio = 0.1592
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Estimated Market Risk
| 3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average THK Co is performing at about 12% 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 THK Co by adding it to a well-diversified portfolio.
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THK Co Valuation on December 3, 2024
It is possible to determine the worth of THK Co on a given historical date. On December 3, 2024 THK was worth 12.29 at the beginning of the trading date compared to the closed value of 12.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of THK Co pink sheet. Still, in general, we apply an absolute valuation method to find THK Co'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 THK Co where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against THK Co's related companies.
| Open | High | Low | Close | Volume | |
| 12.26 | 12.33 | 12.21 | 12.28 | 41,400 | |
12/03/2024 | 12.29 | 12.34 | 12.23 | 12.33 | 32,000 |
| 12.14 | 12.17 | 12.14 | 12.15 | 12,000 |
| Backtest THK Co | | | THK Co History | | | THK Co Valuation | Previous | Next |
THK Co Trading Date Momentum on December 3, 2024
| On December 04 2024 THK Co Ltd was traded for 12.15 at the closing time. The highest daily price throughout the period was 12.17 and the lowest price was 12.14 . The daily volume was 12 K. The net trading volume on 12/04/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.46% . The trading price change to current closing price is 0.97% . |
THK Co Fundamentals Correlations and Trends
By evaluating THK Co'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 THK Co's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. THK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About THK Co Pink Sheet history
THK Co 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 THK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in THK Co 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 THK Co stock prices may prove useful in developing a viable investing in THK Co
THK Co., Ltd. manufactures and supplies machine components in Japan, the Americas, Europe, China, and internationally. The company was incorporated in 1946 and is headquartered in Tokyo, Japan. T H operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 13073 people.
THK Co Pink Sheet Technical Analysis
THK Co technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
THK Co Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
THK Co Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
THK Co December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how THK Co pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading THK Co shares will generate the highest return on investment. By undertsting and applying THK Co pink sheet market strength indicators, traders can identify THK Co Ltd entry and exit signals to maximize returns
THK Co Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for THK Co's price direction in advance. Along with the technical and fundamental analysis of THK Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of THK 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 | 0.1196 | |||
| Jensen Alpha | 0.5156 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1773 | |||
| Treynor Ratio | (3.91) |
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Additional Tools for THK Pink Sheet Analysis
When running THK Co's price analysis, check to measure THK Co'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 THK Co is operating at the current time. Most of THK Co's value examination focuses on studying past and present price action to predict the probability of THK Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move THK Co's price. Additionally, you may evaluate how the addition of THK Co to your portfolios can decrease your overall portfolio volatility.