Tubos Reunidos (Spain) Price on October 4, 2024
TRG Stock | EUR 0.52 0.01 1.96% |
If you're considering investing in Tubos Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tubos Reunidos stands at 0.52, as last reported on the 13th of December 2024, with the highest price reaching 0.53 and the lowest price hitting 0.51 during the day. Tubos Reunidos SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0618, which indicates the firm had a -0.0618% return per unit of risk over the last 3 months. Tubos Reunidos SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tubos Reunidos' Variance of 6.84, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,488) to confirm the risk estimate we provide.
Tubos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tubos |
Sharpe Ratio = -0.0618
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Estimated Market Risk
2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tubos Reunidos 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 Tubos Reunidos by adding Tubos Reunidos to a well-diversified portfolio.
Tubos Reunidos Valuation on October 4, 2024
It is possible to determine the worth of Tubos Reunidos on a given historical date. On October 4, 2024 Tubos was worth 0.55 at the beginning of the trading date compared to the closed value of 0.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tubos Reunidos stock. Still, in general, we apply an absolute valuation method to find Tubos Reunidos' 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 Tubos Reunidos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tubos Reunidos' related companies.
Open | High | Low | Close | Volume | |
0.52 | 0.55 | 0.52 | 0.54 | 639,038 | |
10/04/2024 | 0.55 | 0.56 | 0.55 | 0.55 | 569,223 |
0.56 | 0.57 | 0.54 | 0.56 | 353,040 |
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Tubos Reunidos Trading Date Momentum on October 4, 2024
On October 07 2024 Tubos Reunidos SA was traded for 0.56 at the closing time. The maximum traded price for the trading interval was 0.57 and the lowest daily price was 0.54 . The daily volume was recorded at 353 K. The volume of trading on 7th of October 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 1.82% . The trading price change to the closing price today is 1.82% . |
Tubos Reunidos SA Fundamentals Correlations and Trends
By evaluating Tubos Reunidos' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tubos Reunidos' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tubos financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tubos Reunidos Stock history
Tubos Reunidos 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 Tubos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tubos Reunidos SA 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 Tubos Reunidos stock prices may prove useful in developing a viable investing in Tubos Reunidos
Tubos Reunidos, S.A. manufactures and distributes seamless steel pipes in Europe, Northamercia, the Meadle East, Africa, the Far East, Latin America, Oceania, and internationally. Tubos Reunidos, S.A. was founded in 1892 and is headquartered in Amurrio, Spain. TUBOS REUNIDOS operates under Steel classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 1360 people.
Tubos Reunidos Stock Technical Analysis
Tubos Reunidos 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
Tubos Reunidos Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Tubos Reunidos SA cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Tubos Reunidos December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Tubos Reunidos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tubos Reunidos shares will generate the highest return on investment. By undertsting and applying Tubos Reunidos stock market strength indicators, traders can identify Tubos Reunidos SA entry and exit signals to maximize returns
Tubos Reunidos Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tubos Reunidos' price direction in advance. Along with the technical and fundamental analysis of Tubos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tubos 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 | (0.02) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (0.74) |
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Complementary Tools for Tubos Stock analysis
When running Tubos Reunidos' price analysis, check to measure Tubos Reunidos' 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 Tubos Reunidos is operating at the current time. Most of Tubos Reunidos' value examination focuses on studying past and present price action to predict the probability of Tubos Reunidos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tubos Reunidos' price. Additionally, you may evaluate how the addition of Tubos Reunidos to your portfolios can decrease your overall portfolio volatility.
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