Toromont Industries (Germany) Price on October 30, 2024

14T Stock  EUR 75.50  0.50  0.67%   
If you're considering investing in Toromont Stock, it is important to understand the factors that can impact its price. As of today, the current price of Toromont Industries stands at 75.50, as last reported on the 26th of December, with the highest price reaching 75.50 and the lowest price hitting 75.50 during the day. Toromont Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.059, which indicates the firm had a -0.059% return per unit of risk over the last 3 months. Toromont Industries exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Toromont Industries' Coefficient Of Variation of (2,086), variance of 7.64, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
Toromont Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.059

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Estimated Market Risk

 2.82
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Toromont Industries 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 Toromont Industries by adding Toromont Industries to a well-diversified portfolio.

Toromont Industries Valuation on October 30, 2024

It is possible to determine the worth of Toromont Industries on a given historical date. On October 30, 2024 Toromont was worth 83.91 at the beginning of the trading date compared to the closed value of 83.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Toromont Industries stock. Still, in general, we apply an absolute valuation method to find Toromont Industries' 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 Toromont Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Toromont Industries' related companies.
 Open High Low Close Volume
  83.42    83.42    83.42    83.42    1.00  
10/30/2024
  83.91    83.91    83.91    83.91    1.00  
  80.93    80.93    80.93    80.93    1.00  
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Open Value
83.91
83.91
Closing Value
92.38
Upside

Toromont Industries Trading Date Momentum on October 30, 2024

On October 31 2024 Toromont Industries was traded for  80.93  at the closing time. The highest daily price throughout the period was 80.93  and the lowest price was  80.93 . There was no trading activity during the period 1.0. Lack of trading volume on 10/31/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 3.55% . The trading price change to current closing price is 7.69% .

Toromont Industries Fundamentals Correlations and Trends

By evaluating Toromont Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Toromont Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Toromont financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Toromont Industries Stock history

Toromont Industries 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 Toromont is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Toromont Industries 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 Toromont Industries stock prices may prove useful in developing a viable investing in Toromont Industries
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada. Toromont Industries operates under Industrial Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6000 people.

Toromont Industries Stock Technical Analysis

Toromont Industries 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.
A focus of Toromont Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Toromont Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Toromont Industries Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Toromont Industries 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.

Toromont Industries December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Toromont Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Toromont Industries shares will generate the highest return on investment. By undertsting and applying Toromont Industries stock market strength indicators, traders can identify Toromont Industries entry and exit signals to maximize returns

Toromont Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Toromont Industries' price direction in advance. Along with the technical and fundamental analysis of Toromont Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Toromont 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.

Complementary Tools for Toromont Stock analysis

When running Toromont Industries' price analysis, check to measure Toromont Industries' 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 Toromont Industries is operating at the current time. Most of Toromont Industries' value examination focuses on studying past and present price action to predict the probability of Toromont Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toromont Industries' price. Additionally, you may evaluate how the addition of Toromont Industries to your portfolios can decrease your overall portfolio volatility.
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