Technip Energies (France) Price on November 21, 2024
| TE Stock | EUR 26.02 0.72 2.85% |
If you're considering investing in Technip Stock, it is important to understand the factors that can impact its price. As of today, the current price of Technip Energies stands at 26.02, as last reported on the 14th of December 2024, with the highest price reaching 26.08 and the lowest price hitting 25.32 during the day. Technip Energies appears to be not too volatile, given 3 months investment horizon. Technip Energies 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 Technip Energies BV, which you can use to evaluate the volatility of the company. Please review Technip Energies' Coefficient Of Variation of 692.07, risk adjusted performance of 0.1115, and Semi Deviation of 1.47 to confirm if our risk estimates are consistent with your expectations.
Technip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Technip |
Sharpe Ratio = 0.1333
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Estimated Market Risk
| 2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Technip Energies 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 Technip Energies by adding it to a well-diversified portfolio.
Technip Energies Valuation on November 21, 2024
It is possible to determine the worth of Technip Energies on a given historical date. On November 21, 2024 Technip was worth 24.4 at the beginning of the trading date compared to the closed value of 23.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Technip Energies stock. Still, in general, we apply an absolute valuation method to find Technip Energies' 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 Technip Energies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Technip Energies' related companies.
| Open | High | Low | Close | Volume | |
| 24.66 | 24.76 | 24.28 | 24.40 | 289,125 | |
11/21/2024 | 24.40 | 24.44 | 23.54 | 23.78 | 589,464 |
| 23.90 | 24.02 | 22.22 | 22.88 | 1,301,331 |
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Technip Energies Trading Date Momentum on November 21, 2024
| On November 22 2024 Technip Energies BV was traded for 22.88 at the closing time. The highest daily price throughout the period was 24.02 and the lowest price was 22.22 . The daily volume was 1.3 M. The net trading volume on 11/22/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 3.78% . The trading price change to current closing price is 3.36% . |
Technip Energies Fundamentals Correlations and Trends
By evaluating Technip Energies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Technip Energies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Technip financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Technip Energies Stock history
Technip Energies 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 Technip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Technip Energies 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 Technip Energies stock prices may prove useful in developing a viable investing in Technip Energies
Technip Energies B.V. operates as an engineering technology company for the energy transition in Europe, Russia, the Asia Pacific, Africa, the Middle East, and the Americas. The company was incorporated in 2019 and is headquartered in Paris, France. TECHNIP ENERGIES operates under Oil Gas Equipment Services classification in France and is traded on Paris Stock Exchange. It employs 15000 people.
Technip Energies Stock Technical Analysis
Technip Energies 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
Technip Energies Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Technip Energies BV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Technip Energies December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Technip Energies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Technip Energies shares will generate the highest return on investment. By undertsting and applying Technip Energies stock market strength indicators, traders can identify Technip Energies BV entry and exit signals to maximize returns
Technip Energies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Technip Energies' price direction in advance. Along with the technical and fundamental analysis of Technip Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Technip 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 | 0.1115 | |||
| Jensen Alpha | 0.3618 | |||
| Total Risk Alpha | 0.0353 | |||
| Sortino Ratio | 0.1228 | |||
| Treynor Ratio | (0.58) |
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Complementary Tools for Technip Stock analysis
When running Technip Energies' price analysis, check to measure Technip Energies' 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 Technip Energies is operating at the current time. Most of Technip Energies' value examination focuses on studying past and present price action to predict the probability of Technip Energies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Technip Energies' price. Additionally, you may evaluate how the addition of Technip Energies to your portfolios can decrease your overall portfolio volatility.
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