Truong Thanh (Vietnam) Price on June 9, 2023

TTF Stock   3,050  10.00  0.33%   
If you're considering investing in Truong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Truong Thanh stands at 3,050, as last reported on the 30th of November, with the highest price reaching 3,070 and the lowest price hitting 3,000 during the day. Truong Thanh Furniture 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. Truong Thanh Furniture exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Truong Thanh's Variance of 2.32, coefficient of variation of (646.81), and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide.
  
Truong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.133

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Estimated Market Risk

 1.55
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.21
  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 Truong Thanh 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 Truong Thanh by adding Truong Thanh to a well-diversified portfolio.

Truong Thanh Valuation on June 9, 2023

It is possible to determine the worth of Truong Thanh on a given historical date. On June 9, 2023 Truong was worth 5640.0 at the beginning of the trading date compared to the closed value of 5600.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Truong Thanh stock. Still, in general, we apply an absolute valuation method to find Truong Thanh'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 Truong Thanh where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Truong Thanh's related companies.
 Open High Low Close Volume
  5,500    5,840    5,500    5,630    21,100,000  
06/09/2023
  5,640    5,690    5,420    5,600    8,370,000  
  5,600    5,670    5,520    5,660    5,360,000  
Backtest Truong Thanh  |  Truong Thanh History  |  Truong Thanh Valuation   PreviousNext  
Open Value
5640.0
5600.0
Closing Value
5,645
Upside

Truong Thanh Trading Date Momentum on June 9, 2023

On June 12 2023 Truong Thanh Furniture was traded for  5,660  at the closing time. The maximum traded price for the trading interval was 5,670  and the lowest daily price was  5,520 . The daily volume was recorded at 5.4 M. The volume of trading on 12th of June 2023 played a part in the next trading day price boost. The trading price change to the next closing price was 1.07% . The trading price change to the closing price today is 3.04% .

About Truong Thanh Stock history

Truong Thanh 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 Truong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Truong Thanh Furniture 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 Truong Thanh stock prices may prove useful in developing a viable investing in Truong Thanh

Truong Thanh Stock Technical Analysis

Truong Thanh 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.
A focus of Truong Thanh technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Truong Thanh 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

Truong Thanh Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Truong Thanh Furniture cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.

Truong Thanh November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Truong Thanh stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Truong Thanh shares will generate the highest return on investment. By undertsting and applying Truong Thanh stock market strength indicators, traders can identify Truong Thanh Furniture entry and exit signals to maximize returns

Truong Thanh Technical and Predictive Indicators

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

Other Information on Investing in Truong Stock

Truong Thanh financial ratios help investors to determine whether Truong Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Truong with respect to the benefits of owning Truong Thanh security.