Thoughtworks Holding Price on September 28, 2024
| TWKSDelisted Stock | USD 4.47 0.00 0.00% |
If you're considering investing in Thoughtworks Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thoughtworks Holding stands at 4.47, as last reported on the 30th of November, with the highest price reaching 4.53 and the lowest price hitting 4.44 during the day. Currently, Thoughtworks Holding is not too volatile. Thoughtworks Holding 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. We have found twenty-eight technical indicators for Thoughtworks Holding, which you can use to evaluate the volatility of the company. Please validate Thoughtworks Holding's Risk Adjusted Performance of 0.0915, coefficient of variation of 759.16, and Semi Deviation of 0.2353 to confirm if the risk estimate we provide is consistent with the expected return of 0.0532%.
Thoughtworks Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thoughtworks |
Sharpe Ratio = 0.1279
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Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Thoughtworks Holding is performing at about 10% of its full potential. 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 Thoughtworks Holding by adding it to a well-diversified portfolio.
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Thoughtworks Holding Valuation on September 28, 2024
It is possible to determine the worth of Thoughtworks Holding on a given historical date. On September 28, 2024 Thoughtworks was worth 4.4 at the beginning of the trading date compared to the closed value of 4.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thoughtworks Holding stock. Still, in general, we apply an absolute valuation method to find Thoughtworks Holding'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 Thoughtworks Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thoughtworks Holding's related companies.
| Open | High | Low | Close | Volume | |
| 4.41 | 4.42 | 4.40 | 4.40 | 2,874,540 | |
09/27/2024 | 4.40 | 4.42 | 4.40 | 4.42 | 1,374,832 |
| 4.40 | 4.43 | 4.40 | 4.42 | 1,091,701 |
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Thoughtworks Holding Trading Date Momentum on September 28, 2024
| On September 30 2024 Thoughtworks Holding was traded for 4.42 at the closing time. The top price for the day was 4.43 and the lowest listed price was 4.40 . The trading volume for the day was 1.1 M. The trading history from September 30, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.23% . |
Thoughtworks Holding Fundamentals Correlations and Trends
By evaluating Thoughtworks Holding'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 Thoughtworks Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thoughtworks financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thoughtworks Holding Stock history
Thoughtworks Holding 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 Thoughtworks is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thoughtworks Holding 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 Thoughtworks Holding stock prices may prove useful in developing a viable investing in Thoughtworks Holding
Thoughtworks Holding, Inc. provides technology consultancy services in North America, the Asia Pacific, Europe, and Latin America. The company was founded in 1993 and is headquartered in Chicago, Illinois. Thoughtworks Holding operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 12000 people.
Thoughtworks Holding Stock Technical Analysis
Thoughtworks Holding 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Thoughtworks Holding Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Thoughtworks Holding 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.
Thoughtworks Holding November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Thoughtworks Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thoughtworks Holding shares will generate the highest return on investment. By undertsting and applying Thoughtworks Holding stock market strength indicators, traders can identify Thoughtworks Holding entry and exit signals to maximize returns
Thoughtworks Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thoughtworks Holding's price direction in advance. Along with the technical and fundamental analysis of Thoughtworks Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thoughtworks 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 | 0.0915 | |||
| Jensen Alpha | 0.0438 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | (4.25) |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Thoughtworks Stock
If you are still planning to invest in Thoughtworks Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Thoughtworks Holding's history and understand the potential risks before investing.
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