Transurban (Germany) Price on September 4, 2024
TU9 Stock | EUR 7.78 0.07 0.89% |
If you're considering investing in Transurban Stock, it is important to understand the factors that can impact its price. As of today, the current price of Transurban stands at 7.78, as last reported on the 29th of November, with the highest price reaching 7.78 and the lowest price hitting 7.78 during the day. Transurban Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0531, which indicates the firm had a -0.0531% return per unit of risk over the last 3 months. Transurban Group exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transurban's Risk Adjusted Performance of (0.02), coefficient of variation of (3,446), and Variance of 1.12 to confirm the risk estimate we provide.
Transurban Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Transurban |
Sharpe Ratio = -0.0531
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Estimated Market Risk
1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transurban 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 Transurban by adding Transurban to a well-diversified portfolio.
Transurban Valuation on September 4, 2024
It is possible to determine the worth of Transurban on a given historical date. On September 4, 2024 Transurban was worth 8.12 at the beginning of the trading date compared to the closed value of 8.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transurban stock. Still, in general, we apply an absolute valuation method to find Transurban'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 Transurban where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transurban's related companies.
Open | High | Low | Close | Volume | |
8.12 | 8.12 | 8.12 | 8.12 | 150.00 | |
09/04/2024 | 8.12 | 8.12 | 8.12 | 8.12 | 150.00 |
8.15 | 8.15 | 8.15 | 8.15 | 150.00 |
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Transurban Trading Date Momentum on September 4, 2024
On September 05 2024 Transurban Group was traded for 8.15 at the closing time. The highest daily price throughout the period was 8.15 and the lowest price was 8.15 . The daily volume was 150. The net trading volume on 09/05/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 0.37% . The trading price change to current closing price is 1.97% . |
Transurban Group Fundamentals Correlations and Trends
By evaluating Transurban'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 Transurban's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transurban financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transurban Stock history
Transurban 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 Transurban is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transurban Group 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 Transurban stock prices may prove useful in developing a viable investing in Transurban
Transurban Group develops, operates, manages, maintains, and finances urban toll road networks. It holds interest in 13 roads in Sydney, Melbourne, and Brisbane, Australia and 2 roads in the Greater Washington area, the United States, as well as 1 in Montreal, Canada. Transurban operates under Infrastructure Operations classification in Germany and is traded on Frankfurt Stock Exchange.
Transurban Stock Technical Analysis
Transurban 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
Transurban Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Transurban Group 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.
Transurban November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Transurban stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transurban shares will generate the highest return on investment. By undertsting and applying Transurban stock market strength indicators, traders can identify Transurban Group entry and exit signals to maximize returns
Transurban Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transurban's price direction in advance. Along with the technical and fundamental analysis of Transurban Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transurban 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 | (0.09) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (0.09) |
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Volume Indicators |
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When running Transurban's price analysis, check to measure Transurban'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 Transurban is operating at the current time. Most of Transurban's value examination focuses on studying past and present price action to predict the probability of Transurban's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transurban's price. Additionally, you may evaluate how the addition of Transurban to your portfolios can decrease your overall portfolio volatility.
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