Thyssenkrupp (Germany) Price on April 26, 2024
| TKA Stock | 3.90 0.05 1.30% |
If you're considering investing in Thyssenkrupp Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thyssenkrupp stands at 3.90, as last reported on the 29th of November, with the highest price reaching 3.98 and the lowest price hitting 3.86 during the day. Thyssenkrupp appears to be relatively risky, given 3 months investment horizon. thyssenkrupp AG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.096, which indicates the firm had a 0.096% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for thyssenkrupp AG, which you can use to evaluate the volatility of the company. Please review Thyssenkrupp's Coefficient Of Variation of 958.9, semi deviation of 2.02, and Risk Adjusted Performance of 0.0875 to confirm if our risk estimates are consistent with your expectations.
Thyssenkrupp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thyssenkrupp |
Sharpe Ratio = 0.096
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Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Thyssenkrupp is performing at about 7% 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 Thyssenkrupp by adding it to a well-diversified portfolio.
Thyssenkrupp Valuation on April 26, 2024
It is possible to determine the worth of Thyssenkrupp on a given historical date. On April 26, 2024 Thyssenkrupp was worth 4.65 at the beginning of the trading date compared to the closed value of 4.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thyssenkrupp stock. Still, in general, we apply an absolute valuation method to find Thyssenkrupp'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 Thyssenkrupp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thyssenkrupp's related companies.
| Open | High | Low | Close | Volume | |
| 4.52 | 4.55 | 4.42 | 4.46 | 2,594,585 | |
04/26/2024 | 4.65 | 4.96 | 4.64 | 4.73 | 10,133,600 |
| 4.80 | 4.82 | 4.71 | 4.78 | 3,103,267 |
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Thyssenkrupp Trading Date Momentum on April 26, 2024
| On April 29 2024 thyssenkrupp AG was traded for 4.78 at the closing time. The highest price during the trading period was 4.82 and the lowest recorded bid was listed for 4.71 . The volume for the day was 3.1 M. This history from April 29, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 1.06% . The trading date delta to the current price is 3.81% . |
thyssenkrupp AG Fundamentals Correlations and Trends
By evaluating Thyssenkrupp'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 Thyssenkrupp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thyssenkrupp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thyssenkrupp Stock history
Thyssenkrupp 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 Thyssenkrupp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in thyssenkrupp AG 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 Thyssenkrupp stock prices may prove useful in developing a viable investing in Thyssenkrupp
Thyssenkrupp Stock Technical Analysis
Thyssenkrupp 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
Thyssenkrupp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Thyssenkrupp November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Thyssenkrupp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thyssenkrupp shares will generate the highest return on investment. By undertsting and applying Thyssenkrupp stock market strength indicators, traders can identify thyssenkrupp AG entry and exit signals to maximize returns
Thyssenkrupp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thyssenkrupp's price direction in advance. Along with the technical and fundamental analysis of Thyssenkrupp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thyssenkrupp 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 | 0.0875 | |||
| Jensen Alpha | 0.2784 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0862 | |||
| Treynor Ratio | 0.8012 |
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Additional Tools for Thyssenkrupp Stock Analysis
When running Thyssenkrupp's price analysis, check to measure Thyssenkrupp'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 Thyssenkrupp is operating at the current time. Most of Thyssenkrupp's value examination focuses on studying past and present price action to predict the probability of Thyssenkrupp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thyssenkrupp's price. Additionally, you may evaluate how the addition of Thyssenkrupp to your portfolios can decrease your overall portfolio volatility.