Tian Ruixiang Holdings Stock Price on November 26, 2024
| TIRX Stock | USD 1.74 0.04 2.25% |
If you're considering investing in Tian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tian Ruixiang stands at 1.74, as last reported on the 26th of November, with the highest price reaching 1.81 and the lowest price hitting 1.73 during the day. At this stage we consider Tian Stock to be dangerous. Tian Ruixiang Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.012, which indicates the firm had a 0.012% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Tian Ruixiang Holdings, which you can use to evaluate the volatility of the company. Please validate Tian Ruixiang's Variance of 24.18, risk adjusted performance of 0.0042, and Coefficient Of Variation of (18,212) to confirm if the risk estimate we provide is consistent with the expected return of 0.0599%.
At this time, Tian Ruixiang's Common Stock Total Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to rise to about 53.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 22.2 M in 2024. . At this time, Tian Ruixiang's Price Earnings To Growth Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 3.38 in 2024, whereas Price To Sales Ratio is likely to drop 2.45 in 2024. Tian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tian |
Sharpe Ratio = 0.012
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Estimated Market Risk
| 4.99 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tian Ruixiang 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 Tian Ruixiang by adding Tian Ruixiang to a well-diversified portfolio.
Price Book 0.1312 | Enterprise Value Ebitda 11.8204 | Price Sales 6.0828 | Shares Float 674.5 K | Earnings Share (4.77) |
Tian Ruixiang Valuation on November 26, 2024
It is possible to determine the worth of Tian Ruixiang on a given historical date. On November 26, 2024 Tian was worth 1.81 at the beginning of the trading date compared to the closed value of 1.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tian Ruixiang stock. Still, in general, we apply an absolute valuation method to find Tian Ruixiang'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 Tian Ruixiang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tian Ruixiang's related companies.
| Open | High | Low | Close | Volume | |
| 1.76 | 1.78 | 1.73 | 1.78 | 4,077 | |
11/25/2024 | 1.81 | 1.81 | 1.73 | 1.74 | 7,371 |
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Tian Ruixiang Trading Date Momentum on November 26, 2024
| On November 25 2024 Tian Ruixiang Holdings was traded for 1.74 at the closing time. The top price for the day was 1.81 and the lowest listed price was 1.73 . The trading volume for the day was 7.4 K. The trading history from November 25, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 4.02% . |
Tian Ruixiang Holdings Fundamentals Correlations and Trends
By evaluating Tian Ruixiang'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 Tian Ruixiang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tian Ruixiang Stock history
Tian Ruixiang 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 Tian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tian Ruixiang Holdings 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 Tian Ruixiang stock prices may prove useful in developing a viable investing in Tian Ruixiang
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 633.3 K | 579 K | |
| Net Loss | -4.2 M | -4 M |
Tian Ruixiang Quarterly Net Working Capital |
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Tian Ruixiang Stock Technical Analysis
Tian Ruixiang 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
Tian Ruixiang Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Tian Ruixiang Holdings 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.
Tian Ruixiang November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Tian Ruixiang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tian Ruixiang shares will generate the highest return on investment. By undertsting and applying Tian Ruixiang stock market strength indicators, traders can identify Tian Ruixiang Holdings entry and exit signals to maximize returns
Tian Ruixiang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tian Ruixiang's price direction in advance. Along with the technical and fundamental analysis of Tian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tian 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 | 0.0042 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | (0.04) |
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Additional Tools for Tian Stock Analysis
When running Tian Ruixiang's price analysis, check to measure Tian Ruixiang'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 Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.