Teva Pharmaceutical (Germany) Price on November 29, 2024
| TEV Stock | EUR 21.20 0.70 3.41% |
If you're considering investing in Teva Stock, it is important to understand the factors that can impact its price. As of today, the current price of Teva Pharmaceutical stands at 21.20, as last reported on the 23rd of December, with the highest price reaching 21.20 and the lowest price hitting 20.00 during the day. Teva Pharmaceutical appears to be somewhat reliable, given 3 months investment horizon. Teva Pharmaceutical 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. By inspecting Teva Pharmaceutical's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Teva Pharmaceutical's Semi Deviation of 1.46, coefficient of variation of 694.24, and Risk Adjusted Performance of 0.1219 to confirm if our risk estimates are consistent with your expectations.
Teva Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Teva |
Sharpe Ratio = 0.1372
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Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Teva Pharmaceutical 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 Teva Pharmaceutical by adding it to a well-diversified portfolio.
Teva Pharmaceutical Valuation on November 29, 2024
It is possible to determine the worth of Teva Pharmaceutical on a given historical date. On November 29, 2024 Teva was worth 15.4 at the beginning of the trading date compared to the closed value of 15.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Teva Pharmaceutical stock. Still, in general, we apply an absolute valuation method to find Teva Pharmaceutical'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 Teva Pharmaceutical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Teva Pharmaceutical's related companies.
| Open | High | Low | Close | Volume | |
| 15.60 | 15.65 | 15.45 | 15.65 | 648.00 | |
11/29/2024 | 15.40 | 15.55 | 15.40 | 15.45 | 1,680 |
| 16.05 | 16.05 | 15.75 | 15.80 | 2,097 |
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Teva Pharmaceutical Trading Date Momentum on November 29, 2024
| On December 02 2024 Teva Pharmaceutical Industries was traded for 15.80 at the closing time. The highest daily price throughout the period was 16.05 and the lowest price was 15.75 . The daily volume was 2.1 K. The net trading volume on 12/02/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 2.27% . The trading price change to current closing price is 5.50% . |
Teva Pharmaceutical Fundamentals Correlations and Trends
By evaluating Teva Pharmaceutical'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 Teva Pharmaceutical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Teva financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Teva Pharmaceutical Stock history
Teva Pharmaceutical 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 Teva is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Teva Pharmaceutical 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 Teva Pharmaceutical stock prices may prove useful in developing a viable investing in Teva Pharmaceutical
Teva Pharmaceutical Industries Limited, a pharmaceutical company, develops, manufactures, markets, and distributes generic medicines and a portfolio of specialty medicines worldwide. Teva Pharmaceutical Industries Limited was founded in 1901 and is headquartered in Petach Tikva, Israel. TEVA PHARMACEUT operates under Drug Manufacturers - Specialty Generic classification in Germany and is traded on Frankfurt Stock Exchange. It employs 42535 people.
Teva Pharmaceutical Stock Technical Analysis
Teva Pharmaceutical 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
Teva Pharmaceutical Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Teva Pharmaceutical 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.
Teva Pharmaceutical December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Teva Pharmaceutical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teva Pharmaceutical shares will generate the highest return on investment. By undertsting and applying Teva Pharmaceutical stock market strength indicators, traders can identify Teva Pharmaceutical Industries entry and exit signals to maximize returns
Teva Pharmaceutical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Teva Pharmaceutical's price direction in advance. Along with the technical and fundamental analysis of Teva Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Teva 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 | 0.1219 | |||
| Jensen Alpha | 0.5307 | |||
| Total Risk Alpha | 0.4126 | |||
| Sortino Ratio | 0.2588 | |||
| Treynor Ratio | (0.71) |
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Complementary Tools for Teva Stock analysis
When running Teva Pharmaceutical's price analysis, check to measure Teva Pharmaceutical'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 Teva Pharmaceutical is operating at the current time. Most of Teva Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of Teva Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teva Pharmaceutical's price. Additionally, you may evaluate how the addition of Teva Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
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