Tungray Technologies Class Stock Price on November 28, 2024
TRSG Stock | 1.80 0.16 8.16% |
If you're considering investing in Tungray Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tungray Technologies stands at 1.80, as last reported on the 27th of February, with the highest price reaching 1.90 and the lowest price hitting 1.80 during the day. Tungray Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13 % return per unit of risk over the last 3 months. Tungray Technologies Class exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tungray Technologies' Risk Adjusted Performance of (0.09), coefficient of variation of (777.76), and Variance of 22.98 to confirm the risk estimate we provide.
Tungray Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tungray |
Sharpe Ratio = -0.1286
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Estimated Market Risk
4.79 actual daily | 42 58% of assets are more volatile |
Expected Return
-0.62 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tungray Technologies 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 Tungray Technologies by adding Tungray Technologies to a well-diversified portfolio.
Related Headline
KVH Industries Headline on 27th of November 2024
Acquisition by Radoff Bradley Louis of 50500 shares of KVH I... by Radoff Bradley Louis
Filed transaction by KVH Industries 10 Percent Owner. Grant, award or other acquisition pursuant to Rule 16b-3
Tungray Technologies Valuation on November 28, 2024
It is possible to determine the worth of Tungray Technologies on a given historical date. On November 28, 2024 Tungray was worth 3.02 at the beginning of the trading date compared to the closed value of 2.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tungray Technologies stock. Still, in general, we apply an absolute valuation method to find Tungray Technologies' 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 Tungray Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tungray Technologies' related companies.
Open | High | Low | Close | Volume | |
2.69 | 3.45 | 2.69 | 3.04 | 128,600 | |
11/27/2024 | 3.02 | 3.08 | 2.60 | 2.80 | 54,700 |
2.85 | 2.85 | 2.66 | 2.77 | 4,800 |
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Tungray Technologies Trading Date Momentum on November 28, 2024
On November 29 2024 Tungray Technologies Class was traded for 2.77 at the closing time. The top price for the day was 2.85 and the lowest listed price was 2.66 . The trading volume for the day was 4.8 K. The trading history from November 29, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.07% . The trading price change against the current closing price is 1.43% . |
Tungray Technologies Fundamentals Correlations and Trends
By evaluating Tungray Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tungray Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tungray financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tungray Technologies Stock history
Tungray Technologies 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 Tungray is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tungray Technologies 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 Tungray Technologies stock prices may prove useful in developing a viable investing in Tungray Technologies
Tungray Technologies Stock Technical Analysis
Tungray Technologies 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
Tungray Technologies Period Price Range
Low | February 27, 2025
| High |
0.00 | 0.00 |
Tungray Technologies Class cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Tungray Technologies February 27, 2025 Market Strength
Market strength indicators help investors to evaluate how Tungray Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tungray Technologies shares will generate the highest return on investment. By undertsting and applying Tungray Technologies stock market strength indicators, traders can identify Tungray Technologies Class entry and exit signals to maximize returns
Tungray Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tungray Technologies' price direction in advance. Along with the technical and fundamental analysis of Tungray Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tungray 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 | (0.09) | |||
Jensen Alpha | (0.63) | |||
Total Risk Alpha | (0.58) | |||
Treynor Ratio | (9.10) |
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Volume Indicators |
Complementary Tools for Tungray Stock analysis
When running Tungray Technologies' price analysis, check to measure Tungray Technologies' 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 Tungray Technologies is operating at the current time. Most of Tungray Technologies' value examination focuses on studying past and present price action to predict the probability of Tungray Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tungray Technologies' price. Additionally, you may evaluate how the addition of Tungray Technologies to your portfolios can decrease your overall portfolio volatility.
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