Transurban Group Stock Price on December 2, 2024

TRAUF Stock  USD 8.63  0.23  2.60%   
If you're considering investing in Transurban Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Transurban stands at 8.63, as last reported on the 3rd of December, with the highest price reaching 8.63 and the lowest price hitting 8.63 during the day. Transurban Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0548, which indicates the firm had a -0.0548% return per unit of risk over the last 3 months. Transurban Group exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transurban's Coefficient Of Variation of (1,853), risk adjusted performance of (0.03), and Variance of 5.18 to confirm the risk estimate we provide.
  
Transurban Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0548

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsTRAUF

Estimated Market Risk

 2.31
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Transurban 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 Transurban by adding Transurban to a well-diversified portfolio.

Related Headline

MetLife Headline on 2nd of December 2024

HIGs balance sheet strength provides the financial flexibility to pursue growth initiatives and boost shareholder value.

Transurban Valuation on December 2, 2024

It is possible to determine the worth of Transurban on a given historical date. On December 2, 2024 Transurban was worth 8.63 at the beginning of the trading date compared to the closed value of 8.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transurban pink sheet. Still, in general, we apply an absolute valuation method to find Transurban'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 Transurban where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transurban's related companies.
 Open High Low Close Volume
  8.86    8.86    8.86    8.86    1.00  
12/02/2024
  8.63    8.63    8.63    8.63    219.00  
  8.63    8.63    8.63    8.63    0.00  
Backtest Transurban  |  Transurban History  |  Transurban Valuation   PreviousNext  
Open Value
8.63
8.63
Closing Value
15.57
Upside

Transurban Trading Date Momentum on December 2, 2024

On December 03 2024 Transurban Group was traded for  8.63  at the closing time. The highest daily price throughout the period was 8.63  and the lowest price was  8.63 . There was no trading activity during the period 0.0. Lack of trading volume on 12/03/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% .

Transurban Group Fundamentals Correlations and Trends

By evaluating Transurban'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 Transurban's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transurban financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Transurban Pink Sheet history

Transurban 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 Transurban is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transurban Group 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 Transurban stock prices may prove useful in developing a viable investing in Transurban
Transurban Group develops, operates, manages, and maintains toll road networks. It operates 21 toll roads in Sydney, Melbourne, and Brisbane in Australia the Greater Washington area, the United States and Montreal, North America. Transurban operates under Infrastructure Operations classification in the United States and is traded on OTC Exchange. It employs 3600 people.

Transurban Pink Sheet Technical Analysis

Transurban 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.
A focus of Transurban technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Transurban trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Transurban Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Transurban Group 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.

Transurban December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how Transurban 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 Transurban shares will generate the highest return on investment. By undertsting and applying Transurban pink sheet market strength indicators, traders can identify Transurban Group entry and exit signals to maximize returns

Transurban Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Transurban's price direction in advance. Along with the technical and fundamental analysis of Transurban Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transurban 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.

Complementary Tools for Transurban Pink Sheet analysis

When running Transurban's price analysis, check to measure Transurban'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 Transurban is operating at the current time. Most of Transurban's value examination focuses on studying past and present price action to predict the probability of Transurban's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transurban's price. Additionally, you may evaluate how the addition of Transurban to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum