Ternium SA (Argentina) Price on November 16, 2023
TXR Stock | ARS 9,250 100.00 1.07% |
If you're considering investing in Ternium Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ternium SA stands at 9,250, as last reported on the 22nd of November, with the highest price reaching 9,430 and the lowest price hitting 9,100 during the day. Ternium SA DRC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Ternium SA DRC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ternium SA's Variance of 3.62, risk adjusted performance of (0.09), and Coefficient Of Variation of (809.33) to confirm the risk estimate we provide.
Ternium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ternium |
Sharpe Ratio = -0.1405
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Estimated Market Risk
1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ternium SA 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 Ternium SA by adding Ternium SA to a well-diversified portfolio.
Ternium SA Valuation on November 16, 2023
It is possible to determine the worth of Ternium SA on a given historical date. On November 16, 2023 Ternium was worth 15900.0 at the beginning of the trading date compared to the closed value of 15892.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ternium SA stock. Still, in general, we apply an absolute valuation method to find Ternium SA'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 Ternium SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ternium SA's related companies.
Open | High | Low | Close | Volume | |
15,700 | 16,432 | 15,700 | 15,880 | 2,723 | |
11/16/2023 | 15,900 | 16,192 | 15,304 | 15,892 | 9,859 |
16,488 | 16,488 | 15,536 | 16,130 | 3,051 |
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Ternium SA Trading Date Momentum on November 16, 2023
On November 17 2023 Ternium SA DRC was traded for 16,130 at the closing time. The maximum traded price for the trading interval was 16,488 and the lowest daily price was 15,536 . The daily volume was recorded at 3.1 K. The volume of trading on 17th of November 2023 played a part in the next trading day price jump. The trading price change to the next closing price was 1.50% . The trading price change to the closing price today is 20.44% . |
Ternium SA DRC Fundamentals Correlations and Trends
By evaluating Ternium SA'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 Ternium SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ternium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ternium SA Stock history
Ternium SA 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 Ternium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ternium SA DRC 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 Ternium SA stock prices may prove useful in developing a viable investing in Ternium SA
Ternium SA Stock Technical Analysis
Ternium SA 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
Ternium SA Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Ternium SA DRC cannot be verified against its exchange. Please verify the symbol is currently traded on Buenos Aires 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.
Ternium SA November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Ternium SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ternium SA shares will generate the highest return on investment. By undertsting and applying Ternium SA stock market strength indicators, traders can identify Ternium SA DRC entry and exit signals to maximize returns
Ternium SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ternium SA's price direction in advance. Along with the technical and fundamental analysis of Ternium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ternium 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 | (0.09) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | (42.99) |
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Complementary Tools for Ternium Stock analysis
When running Ternium SA's price analysis, check to measure Ternium SA'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 Ternium SA is operating at the current time. Most of Ternium SA's value examination focuses on studying past and present price action to predict the probability of Ternium SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ternium SA's price. Additionally, you may evaluate how the addition of Ternium SA to your portfolios can decrease your overall portfolio volatility.
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