Tredegar Stock Price on November 28, 2024
TG Stock | USD 7.70 0.21 2.65% |
If you're considering investing in Tredegar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tredegar stands at 7.70, as last reported on the 28th of March, with the highest price reaching 7.98 and the lowest price hitting 7.62 during the day. At this point, Tredegar is somewhat reliable. Tredegar owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0241, which indicates the firm had a 0.0241 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tredegar, which you can use to evaluate the volatility of the company. Please validate Tredegar's Coefficient Of Variation of 4143.99, risk adjusted performance of 0.0274, and Semi Deviation of 2.35 to confirm if the risk estimate we provide is consistent with the expected return of 0.0618%.
Tredegar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tredegar |
Sharpe Ratio = 0.0241
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Estimated Market Risk
2.56 actual daily | 22 78% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Tredegar is performing at about 1% 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 Tredegar by adding it to a well-diversified portfolio.
Related Headline
ESAB Corp Headline on 27th of November 2024
Acquisition by Renato Negro of 205 shares of ESAB Corp subje... by Renato Negro
Filed transaction by ESAB Corp Officer Controller, Pao. Grant, award or other acquisition pursuant to Rule 16b-3
Tredegar Valuation on November 28, 2024
It is possible to determine the worth of Tredegar on a given historical date. On November 28, 2024 Tredegar was worth 7.12 at the beginning of the trading date compared to the closed value of 7.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tredegar stock. Still, in general, we apply an absolute valuation method to find Tredegar'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 Tredegar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tredegar's related companies.
Open | High | Low | Close | Volume | |
7.10 | 7.13 | 7.02 | 7.05 | 74,094 | |
11/27/2024 | 7.12 | 7.21 | 7.02 | 7.13 | 90,281 |
7.22 | 7.26 | 7.10 | 7.17 | 83,737 |
Backtest Tredegar | | | Tredegar History | | | Tredegar Valuation | Previous | Next |
Tredegar Trading Date Momentum on November 28, 2024
On November 29 2024 Tredegar was traded for 7.17 at the closing time. The highest price during the trading period was 7.26 and the lowest recorded bid was listed for 7.10 . The volume for the day was 83.7 K. This history from November 29, 2024 contributed to the next trading day price rise. The trading price change to the next closing price was 0.56% . The trading price change to the current price is 8.70% . |
Tredegar Fundamentals Correlations and Trends
By evaluating Tredegar'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 Tredegar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tredegar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tredegar Stock history
Tredegar 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 Tredegar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tredegar 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 Tredegar stock prices may prove useful in developing a viable investing in Tredegar
Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene films, and polyester films in the United States and internationally. Tredegar Corporation was founded in 1955 and is headquartered in Richmond, Virginia. Tredegar Corp operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 2400 people.
Tredegar Stock Technical Analysis
Tredegar 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
Tredegar Period Price Range
Low | March 28, 2025
| High |
0.00 | 0.00 |
Tredegar cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Tredegar March 28, 2025 Market Strength
Market strength indicators help investors to evaluate how Tredegar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tredegar shares will generate the highest return on investment. By undertsting and applying Tredegar stock market strength indicators, traders can identify Tredegar entry and exit signals to maximize returns
Tredegar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tredegar's price direction in advance. Along with the technical and fundamental analysis of Tredegar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tredegar 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 | 0.0274 | |||
Jensen Alpha | 0.1084 | |||
Total Risk Alpha | 0.2123 | |||
Sortino Ratio | 0.0407 | |||
Treynor Ratio | 0.0492 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for Tredegar Stock analysis
When running Tredegar's price analysis, check to measure Tredegar'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 Tredegar is operating at the current time. Most of Tredegar's value examination focuses on studying past and present price action to predict the probability of Tredegar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tredegar's price. Additionally, you may evaluate how the addition of Tredegar to your portfolios can decrease your overall portfolio volatility.
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