Tingo Group Stock Price on October 14, 2024
| TIO Stock | 0.02 0 14.63% |
Below is the normalized historical share price chart for Tingo Group extending back to October 17, 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 Tingo stands at 0.02, as last reported on the 28th of November, with the highest price reaching 0.03 and the lowest price hitting 0.02 during the day.
If you're considering investing in Tingo Stock, it is important to understand the factors that can impact its price. Tingo is out of control given 3 months investment horizon. Tingo Group 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 were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 33.63% are justified by taking the suggested risk. Use Tingo Group Coefficient Of Variation of 594.88, risk adjusted performance of 0.1388, and Semi Deviation of 27.52 to evaluate company specific risk that cannot be diversified away.
At this time, Tingo's Total Stockholder Equity is very stable compared to the past year. As of the 28th of November 2024, Common Stock Shares Outstanding is likely to grow to about 156.2 M, while Capital Stock is likely to drop about 100.1 K. . At this time, Tingo's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 28th of November 2024, Price To Free Cash Flows Ratio is likely to grow to 15.16, while Price To Sales Ratio is likely to drop 0.63. Tingo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of June 2004 | 200 Day MA 0.9093 | 50 Day MA 0.5705 | Beta 1.401 |
Tingo |
Sharpe Ratio = 0.1962
| Best Portfolio | Best Equity | TIO | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 171.39 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Tingo 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 Tingo by adding it to a well-diversified portfolio.
Price Book 0.007 | Enterprise Value Ebitda 0.1859 | Price Sales 0.0661 | Shares Float 145.2 M | Wall Street Target Price 11.75 |
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Tingo Valuation on October 14, 2024
It is possible to determine the worth of Tingo on a given historical date. On October 14, 2024 Tingo was worth 0.0106 at the beginning of the trading date compared to the closed value of 0.0113. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tingo stock. Still, in general, we apply an absolute valuation method to find Tingo'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 Tingo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tingo's related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 91,893 | |
10/14/2024 | 0.01 | 0.02 | 0.01 | 0.01 | 26,929 |
| 0.01 | 0.01 | 0.01 | 0.01 | 68,035 |
| Backtest Tingo | | | Tingo History | | | Tingo Valuation | Previous | Next |
Tingo Trading Date Momentum on October 14, 2024
| On October 15 2024 Tingo Group was traded for 0.01 at the closing time. Highest Tingo's price during the trading hours was 0.01 and the lowest price during the day was 0.01 . The net volume was 68 K. The overall trading history on the 15th of October 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 6.19% . The trading price change to current price is 32.74% . |
Tingo Group Fundamentals Correlations and Trends
By evaluating Tingo'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 Tingo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tingo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tingo Stock history
Tingo 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 Tingo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tingo Group 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 Tingo stock prices may prove useful in developing a viable investing in Tingo
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 148.7 M | 156.2 M | |
| Net Loss | -32.8 M | -34.4 M |
Tingo Quarterly Net Working Capital |
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Tingo Stock Technical Analysis
Tingo 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
Tingo Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Tingo Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Tingo November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Tingo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tingo shares will generate the highest return on investment. By undertsting and applying Tingo stock market strength indicators, traders can identify Tingo Group entry and exit signals to maximize returns
Tingo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tingo's price direction in advance. Along with the technical and fundamental analysis of Tingo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tingo 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 | 0.1388 | |||
| Jensen Alpha | 50.65 | |||
| Total Risk Alpha | 5.53 | |||
| Sortino Ratio | 1.16 | |||
| Treynor Ratio | 2.46 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tingo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tingo. If investors know Tingo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tingo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.45 | Revenue Per Share 15.292 | Quarterly Revenue Growth 41.613 | Return On Assets 0.3485 | Return On Equity 0.4324 |
The market value of Tingo Group is measured differently than its book value, which is the value of Tingo that is recorded on the company's balance sheet. Investors also form their own opinion of Tingo's value that differs from its market value or its book value, called intrinsic value, which is Tingo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tingo's market value can be influenced by many factors that don't directly affect Tingo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tingo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tingo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tingo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.