TenX Keane Acquisition Price on August 2, 2024
If you're considering investing in TenX Stock, it is important to understand the factors that can impact its price. We have found twenty-one technical indicators for TenX Keane Acquisition, which you can use to evaluate the volatility of the company. Please validate TenX Keane's Coefficient Of Variation of 769.84, risk adjusted performance of 0.1039, and Semi Deviation of 1.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
TenX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average TenX Keane 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 TenX Keane by adding TenX Keane to a well-diversified portfolio.
TenX Keane Valuation on August 2, 2024
It is possible to determine the worth of TenX Keane on a given historical date. On August 2, 2024 TenX was worth 11.9 at the beginning of the trading date compared to the closed value of 12.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TenX Keane stock. Still, in general, we apply an absolute valuation method to find TenX Keane'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 TenX Keane where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TenX Keane's related companies.
Open | High | Low | Close | Volume | |
12.32 | 12.32 | 12.32 | 12.32 | 2.00 | |
08/02/2024 | 11.90 | 13.35 | 11.90 | 12.59 | 6,021 |
17.91 | 40.02 | 12.90 | 40.02 | 33,941 |
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TenX Keane Trading Date Momentum on August 2, 2024
On August 05 2024 TenX Keane Acquisition was traded for 40.02 at the closing time. The highest daily price throughout the period was 40.02 and the lowest price was 12.90 . The daily volume was 33.9 K. The net trading volume on 08/05/2024 added to the next day price appreciation. The trading price change to closing price of the next trading day was 217.87% . The trading price change to current closing price is 249.48% . |
TenX Keane Acquisition Fundamentals Correlations and Trends
By evaluating TenX Keane'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 TenX Keane's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TenX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TenX Keane Stock history
TenX Keane 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 TenX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TenX Keane Acquisition 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 TenX Keane stock prices may prove useful in developing a viable investing in TenX Keane
TenX Keane Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. TenX Keane Acquisition Corp. operates as a subsidiary of 10XYZ Holdings LP. Tenx Keane is traded on NASDAQ Exchange in the United States.
TenX Keane Stock Technical Analysis
TenX Keane 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
TenX Keane Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
TenX Keane Acquisition 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.
TenX Keane December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how TenX Keane stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TenX Keane shares will generate the highest return on investment. By undertsting and applying TenX Keane stock market strength indicators, traders can identify TenX Keane Acquisition entry and exit signals to maximize returns
TenX Keane Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TenX Keane's price direction in advance. Along with the technical and fundamental analysis of TenX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TenX 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 | 0.1039 | |||
Jensen Alpha | 3.63 | |||
Total Risk Alpha | 1.35 | |||
Sortino Ratio | 0.4413 | |||
Treynor Ratio | (1.65) |
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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in TenX Stock
If you are still planning to invest in TenX Keane Acquisition 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 TenX Keane's history and understand the potential risks before investing.
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