Telstra Limited Stock Price on September 5, 2024
TTRAF Stock | USD 2.38 0.17 6.67% |
If you're considering investing in TelstraLimited Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of TelstraLimited stands at 2.38, as last reported on the 23rd of November, with the highest price reaching 2.38 and the lowest price hitting 2.38 during the day. Telstra Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0222, which indicates the firm had a -0.0222% return per unit of risk over the last 3 months. Telstra Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TelstraLimited's Variance of 7.75, coefficient of variation of (4,608), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
TelstraLimited Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
TelstraLimited |
Sharpe Ratio = -0.0222
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Estimated Market Risk
2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TelstraLimited 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 TelstraLimited by adding TelstraLimited to a well-diversified portfolio.
TelstraLimited Valuation on September 5, 2024
It is possible to determine the worth of TelstraLimited on a given historical date. On September 5, 2024 TelstraLimited was worth 2.61 at the beginning of the trading date compared to the closed value of 2.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TelstraLimited pink sheet. Still, in general, we apply an absolute valuation method to find TelstraLimited'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 TelstraLimited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TelstraLimited's related companies.
Open | High | Low | Close | Volume | |
2.50 | 2.50 | 2.50 | 2.50 | 1.00 | |
09/05/2024 | 2.61 | 2.61 | 2.61 | 2.61 | 2,276 |
2.58 | 2.58 | 2.58 | 2.58 | 1,000.00 |
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TelstraLimited Trading Date Momentum on September 5, 2024
On September 06 2024 Telstra Limited was traded for 2.58 at the closing time. The highest daily price throughout the period was 2.58 and the lowest price was 2.58 . The daily volume was 1000. The net trading volume on 09/06/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.15% . The trading price change to current closing price is 3.07% . |
Telstra Limited Fundamentals Correlations and Trends
By evaluating TelstraLimited'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 TelstraLimited's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TelstraLimited financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TelstraLimited Pink Sheet history
TelstraLimited 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 TelstraLimited is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Telstra Limited 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 TelstraLimited stock prices may prove useful in developing a viable investing in TelstraLimited
Telstra Corporation Limited provides telecommunications and information services to businesses, governments, and individuals in Australia and internationally. Telstra Corporation Limited was founded in 1901 and is based in Melbourne, Australia. Telstra Corp operates under Telecom Services classification in the United States and is traded on OTC Exchange. It employs 28889 people.
TelstraLimited Pink Sheet Technical Analysis
TelstraLimited 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.
Price Boundaries
TelstraLimited Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Telstra Limited 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.
TelstraLimited November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how TelstraLimited 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 TelstraLimited shares will generate the highest return on investment. By undertsting and applying TelstraLimited pink sheet market strength indicators, traders can identify Telstra Limited entry and exit signals to maximize returns
TelstraLimited Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TelstraLimited's price direction in advance. Along with the technical and fundamental analysis of TelstraLimited Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of TelstraLimited 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 | (0.01) | |||
Jensen Alpha | 0.0171 | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | 0.0971 |
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Volume Indicators |
Complementary Tools for TelstraLimited Pink Sheet analysis
When running TelstraLimited's price analysis, check to measure TelstraLimited'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 TelstraLimited is operating at the current time. Most of TelstraLimited's value examination focuses on studying past and present price action to predict the probability of TelstraLimited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TelstraLimited's price. Additionally, you may evaluate how the addition of TelstraLimited to your portfolios can decrease your overall portfolio volatility.
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