THORNEY TECHS (Germany) Price on October 1, 2024
| TTG Stock | EUR 0.07 0.01 7.74% |
If you're considering investing in THORNEY Stock, it is important to understand the factors that can impact its price. As of today, the current price of THORNEY TECHS stands at 0.07, as last reported on the 30th of November, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. At this point, THORNEY TECHS is out of control. THORNEY TECHS LTD owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0104, which indicates the firm had a 0.0104% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for THORNEY TECHS LTD, which you can use to evaluate the volatility of the company. Please validate THORNEY TECHS's risk adjusted performance of 0.0174, and Coefficient Of Variation of 8455.73 to confirm if the risk estimate we provide is consistent with the expected return of 0.0469%.
THORNEY Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
THORNEY |
Sharpe Ratio = 0.0104
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| Negative Returns | TTG |
Estimated Market Risk
| 4.5 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average THORNEY TECHS 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 THORNEY TECHS by adding THORNEY TECHS to a well-diversified portfolio.
THORNEY TECHS Valuation on October 1, 2024
It is possible to determine the worth of THORNEY TECHS on a given historical date. On October 1, 2024 THORNEY was worth 0.0755 at the beginning of the trading date compared to the closed value of 0.0755. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of THORNEY TECHS stock. Still, in general, we apply an absolute valuation method to find THORNEY TECHS'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 THORNEY TECHS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against THORNEY TECHS's related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 | |
10/01/2024 | 0.08 | 0.08 | 0.08 | 0.08 | 1.00 |
| 0.08 | 0.08 | 0.08 | 0.08 | 1.00 |
| Backtest THORNEY TECHS | | | THORNEY TECHS History | | | THORNEY TECHS Valuation | Previous | Next |
THORNEY TECHS Trading Date Momentum on October 1, 2024
| On October 02 2024 THORNEY TECHS LTD was traded for 0.08 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.08 . There was no trading activity during the period 1.0. Lack of trading volume on 10/02/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 3.31% . The trading price change to current closing price is 5.96% . |
THORNEY TECHS LTD Fundamentals Correlations and Trends
By evaluating THORNEY TECHS'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 THORNEY TECHS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. THORNEY financial account trend analysis is a perfect complement when working with valuation or volatility modules.About THORNEY TECHS Stock history
THORNEY TECHS 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 THORNEY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in THORNEY TECHS LTD 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 THORNEY TECHS stock prices may prove useful in developing a viable investing in THORNEY TECHS
Thorney Technologies Ltd invests in technology related companies. Thorney Technologies Ltd was founded in 2005 and is based in Melbourne, Australia. THORNEY TECHS is traded on Frankfurt Stock Exchange in Germany.
THORNEY TECHS Stock Technical Analysis
THORNEY TECHS 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
THORNEY TECHS Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
THORNEY TECHS LTD cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
THORNEY TECHS November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how THORNEY TECHS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading THORNEY TECHS shares will generate the highest return on investment. By undertsting and applying THORNEY TECHS stock market strength indicators, traders can identify THORNEY TECHS LTD entry and exit signals to maximize returns
THORNEY TECHS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for THORNEY TECHS's price direction in advance. Along with the technical and fundamental analysis of THORNEY Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of THORNEY 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 | 0.0174 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.73) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0278 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for THORNEY Stock analysis
When running THORNEY TECHS's price analysis, check to measure THORNEY TECHS'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 THORNEY TECHS is operating at the current time. Most of THORNEY TECHS's value examination focuses on studying past and present price action to predict the probability of THORNEY TECHS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move THORNEY TECHS's price. Additionally, you may evaluate how the addition of THORNEY TECHS to your portfolios can decrease your overall portfolio volatility.
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