Topcon Stock Price on September 19, 2024
| TOPCF Stock | USD 9.84 1.12 10.22% |
If you're considering investing in Topcon Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Topcon stands at 9.84, as last reported on the 25th of November, with the highest price reaching 9.84 and the lowest price hitting 9.84 during the day. At this point, Topcon is moderately volatile. Topcon owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0268, which indicates the firm had a 0.0268% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Topcon, which you can use to evaluate the volatility of the company. Please validate Topcon's Semi Deviation of 4.17, coefficient of variation of 3813.51, and Risk Adjusted Performance of 0.0289 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Topcon Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Topcon |
Sharpe Ratio = 0.0268
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Estimated Market Risk
| 6.46 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Topcon is performing at about 2% 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 Topcon by adding it to a well-diversified portfolio.
Topcon Valuation on September 19, 2024
It is possible to determine the worth of Topcon on a given historical date. On September 19, 2024 Topcon was worth 10.93 at the beginning of the trading date compared to the closed value of 10.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Topcon pink sheet. Still, in general, we apply an absolute valuation method to find Topcon'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 Topcon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Topcon's related companies.
| Open | High | Low | Close | Volume | |
| 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | |
09/19/2024 | 10.93 | 10.97 | 10.93 | 10.97 | 238.00 |
| 9.41 | 9.41 | 9.41 | 9.41 | 125.00 |
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Topcon Trading Date Momentum on September 19, 2024
| On September 20 2024 Topcon was traded for 9.41 at the closing time. The highest daily price throughout the period was 9.41 and the lowest price was 9.41 . The daily volume was 125. The net trading volume on 09/20/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 14.22% . The trading price change to current closing price is 12.22% . |
Topcon Fundamentals Correlations and Trends
By evaluating Topcon'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 Topcon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Topcon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Topcon Pink Sheet history
Topcon 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 Topcon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Topcon 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 Topcon stock prices may prove useful in developing a viable investing in Topcon
Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products worldwide. Topcon Corporation was incorporated in 1932 and is headquartered in Tokyo, Japan. Topcon Corp operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 5248 people.
Topcon Pink Sheet Technical Analysis
Topcon 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
Topcon Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Topcon cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Topcon November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Topcon 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 Topcon shares will generate the highest return on investment. By undertsting and applying Topcon pink sheet market strength indicators, traders can identify Topcon entry and exit signals to maximize returns
Topcon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Topcon's price direction in advance. Along with the technical and fundamental analysis of Topcon Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Topcon 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 | 0.0289 | |||
| Jensen Alpha | 0.153 | |||
| Total Risk Alpha | (0.84) | |||
| Sortino Ratio | 0.0027 | |||
| Treynor Ratio | 7.85 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Topcon Pink Sheet analysis
When running Topcon's price analysis, check to measure Topcon'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 Topcon is operating at the current time. Most of Topcon's value examination focuses on studying past and present price action to predict the probability of Topcon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topcon's price. Additionally, you may evaluate how the addition of Topcon to your portfolios can decrease your overall portfolio volatility.
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