Tiger Brands (South Africa) Price on June 10, 2024
| TBS Stock | 29,104 160.00 0.55% |
If you're considering investing in Tiger Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tiger Brands stands at 29,104, as last reported on the 25th of December, with the highest price reaching 29,299 and the lowest price hitting 28,884 during the day. Tiger Brands appears to be very steady, given 3 months investment horizon. Tiger Brands owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tiger Brands, which you can use to evaluate the volatility of the company. Please review Tiger Brands' Coefficient Of Variation of 401.52, risk adjusted performance of 0.2025, and Semi Deviation of 0.624 to confirm if our risk estimates are consistent with your expectations.
Tiger Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tiger |
Sharpe Ratio = 0.233
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Tiger Brands is performing at about 18% 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 Tiger Brands by adding it to a well-diversified portfolio.
Tiger Brands Valuation on June 10, 2024
It is possible to determine the worth of Tiger Brands on a given historical date. On June 10, 2024 Tiger was worth 19026.0 at the beginning of the trading date compared to the closed value of 19501.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tiger Brands stock. Still, in general, we apply an absolute valuation method to find Tiger Brands' 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 Tiger Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tiger Brands' related companies.
| Open | High | Low | Close | Volume | |
| 19,100 | 19,742 | 19,100 | 19,571 | 326,477 | |
06/10/2024 | 19,026 | 19,640 | 19,026 | 19,501 | 185,357 |
| 19,724 | 19,732 | 19,250 | 19,385 | 514,510 |
| Backtest Tiger Brands | | | Tiger Brands History | | | Tiger Brands Valuation | Previous | Next |
Tiger Brands Trading Date Momentum on June 10, 2024
| On June 11 2024 Tiger Brands was traded for 19,385 at the closing time. The highest price during the trading period was 19,732 and the lowest recorded bid was listed for 19,250 . The volume for the day was 514.5 K. This history from June 11, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.59% . The trading price change to the current price is 10.40% . |
Tiger Brands Fundamentals Correlations and Trends
By evaluating Tiger Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tiger Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tiger financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tiger Brands Stock history
Tiger Brands 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 Tiger is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tiger Brands 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 Tiger Brands stock prices may prove useful in developing a viable investing in Tiger Brands
Tiger Brands Stock Technical Analysis
Tiger Brands 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
Tiger Brands Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Tiger Brands cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Tiger Brands December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Tiger Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tiger Brands shares will generate the highest return on investment. By undertsting and applying Tiger Brands stock market strength indicators, traders can identify Tiger Brands entry and exit signals to maximize returns
Tiger Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tiger Brands' price direction in advance. Along with the technical and fundamental analysis of Tiger Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tiger 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 | 0.2025 | |||
| Jensen Alpha | 0.2905 | |||
| Total Risk Alpha | 0.2398 | |||
| Sortino Ratio | 0.2629 | |||
| Treynor Ratio | 4.85 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tiger Stock analysis
When running Tiger Brands' price analysis, check to measure Tiger Brands' 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 Tiger Brands is operating at the current time. Most of Tiger Brands' value examination focuses on studying past and present price action to predict the probability of Tiger Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tiger Brands' price. Additionally, you may evaluate how the addition of Tiger Brands to your portfolios can decrease your overall portfolio volatility.
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