Technology One (Australia) Price on November 18, 2024
| TNE Stock | 30.34 0.20 0.66% |
If you're considering investing in Technology Stock, it is important to understand the factors that can impact its price. As of today, the current price of Technology One stands at 30.34, as last reported on the 10th of January, with the highest price reaching 30.34 and the lowest price hitting 29.75 during the day. Technology One appears to be very steady, given 3 months investment horizon. Technology One owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We have found thirty technical indicators for Technology One, which you can use to evaluate the volatility of the company. Please review Technology One's Semi Deviation of 0.9675, coefficient of variation of 486.69, and Risk Adjusted Performance of 0.1693 to confirm if our risk estimates are consistent with your expectations.
Technology Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Technology |
Sharpe Ratio = 0.2055
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Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Technology One is performing at about 16% 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 Technology One by adding it to a well-diversified portfolio.
Technology One Valuation on November 18, 2024
It is possible to determine the worth of Technology One on a given historical date. On November 18, 2024 Technology was worth 26.65 at the beginning of the trading date compared to the closed value of 26.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Technology One stock. Still, in general, we apply an absolute valuation method to find Technology One'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 Technology One where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Technology One's related companies.
| Open | High | Low | Close | Volume | |
| 26.70 | 26.93 | 26.52 | 26.77 | 475,228 | |
11/18/2024 | 26.65 | 26.76 | 26.38 | 26.61 | 487,078 |
| 27.38 | 30.17 | 27.36 | 29.28 | 1,379,765 |
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Technology One Trading Date Momentum on November 18, 2024
| On November 19 2024 Technology One was traded for 29.28 at the closing time. The maximum traded price for the trading interval was 30.17 and the lowest daily price was 27.36 . The daily volume was recorded at 1.4 M. The volume of trading on 19th of November 2024 played a part in the next trading day price appreciation. The trading price change to the next closing price was 10.03% . The trading price change to the closing price today is 14.62% . |
Technology One Fundamentals Correlations and Trends
By evaluating Technology One'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 Technology One's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Technology financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Technology One Stock history
Technology One 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 Technology is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Technology One 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 Technology One stock prices may prove useful in developing a viable investing in Technology One
Technology One Stock Technical Analysis
Technology One 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
Technology One Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Technology One cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Technology One January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Technology One stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Technology One shares will generate the highest return on investment. By undertsting and applying Technology One stock market strength indicators, traders can identify Technology One entry and exit signals to maximize returns
Technology One Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Technology One's price direction in advance. Along with the technical and fundamental analysis of Technology Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Technology 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 | 0.1693 | |||
| Jensen Alpha | 0.3624 | |||
| Total Risk Alpha | 0.3243 | |||
| Sortino Ratio | 0.2566 | |||
| Treynor Ratio | 3.22 |
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Additional Tools for Technology Stock Analysis
When running Technology One's price analysis, check to measure Technology One'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 Technology One is operating at the current time. Most of Technology One's value examination focuses on studying past and present price action to predict the probability of Technology One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Technology One's price. Additionally, you may evaluate how the addition of Technology One to your portfolios can decrease your overall portfolio volatility.