Trutankless Stock Price on September 23, 2024
| TKLS Stock | USD 0.30 0.00 0.00% |
If you're considering investing in Trutankless Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Trutankless stands at 0.30, as last reported on the 11th of December 2024, with the highest price reaching 0.30 and the lowest price hitting 0.30 during the day. Trutankless is out of control given 3 months investment horizon. Trutankless owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We were able to break down and interpolate nineteen different technical indicators, which can help you to evaluate if expected returns of 7.0% are justified by taking the suggested risk. Use Trutankless Variance of 2471.38, coefficient of variation of 732.29, and Risk Adjusted Performance of 0.1085 to evaluate company specific risk that cannot be diversified away.
Trutankless Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Trutankless |
Sharpe Ratio = 0.1387
| Best Portfolio | Best Equity | TKLS | ||
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Estimated Market Risk
| 50.48 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
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Trutankless is performing at about 10% 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 Trutankless by adding it to a well-diversified portfolio.
Trutankless Valuation on September 23, 2024
It is possible to determine the worth of Trutankless on a given historical date. On September 23, 2024 Trutankless was worth 0.39 at the beginning of the trading date compared to the closed value of 0.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trutankless pink sheet. Still, in general, we apply an absolute valuation method to find Trutankless' 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 Trutankless where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trutankless' related companies.
| Open | High | Low | Close | Volume | |
| 0.36 | 0.39 | 0.36 | 0.39 | 240.00 | |
09/23/2024 | 0.39 | 0.39 | 0.39 | 0.39 | 1.00 |
| 0.34 | 0.34 | 0.34 | 0.34 | 2,500 |
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Trutankless Trading Date Momentum on September 23, 2024
| On September 24 2024 Trutankless was traded for 0.34 at the closing time. The top price for the day was 0.34 and the lowest listed price was 0.34 . The trading volume for the day was 2.5 K. The trading history from September 24, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 12.82% . The trading price change against the current closing price is 7.69% . |
Trutankless Fundamentals Correlations and Trends
By evaluating Trutankless' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Trutankless' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trutankless financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trutankless Pink Sheet history
Trutankless 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 Trutankless is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trutankless 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 Trutankless stock prices may prove useful in developing a viable investing in Trutankless
Trutankless, Inc., through its subsidiary, Bollente, Inc., researches and develops, manufactures, and distributes electric tankless water heaters in the United States. Trutankless, Inc. incorporated in 2008 and is headquartered in Scottsdale, Arizona. Trutankless operates under Consumer Electronics classification in the United States and is traded on OTC Exchange. It employs 6 people.
Trutankless Pink Sheet Technical Analysis
Trutankless 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
Trutankless Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Trutankless December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Trutankless 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 Trutankless shares will generate the highest return on investment. By undertsting and applying Trutankless pink sheet market strength indicators, traders can identify Trutankless entry and exit signals to maximize returns
Trutankless Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trutankless' price direction in advance. Along with the technical and fundamental analysis of Trutankless Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trutankless 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 | 0.1085 | |||
| Jensen Alpha | 6.56 | |||
| Total Risk Alpha | (1.10) | |||
| Treynor Ratio | 3.47 |
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Additional Tools for Trutankless Pink Sheet Analysis
When running Trutankless' price analysis, check to measure Trutankless' 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 Trutankless is operating at the current time. Most of Trutankless' value examination focuses on studying past and present price action to predict the probability of Trutankless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trutankless' price. Additionally, you may evaluate how the addition of Trutankless to your portfolios can decrease your overall portfolio volatility.