Techgen Metals (Australia) Price on December 4, 2024
| TG1 Stock | 0.03 0 3.03% |
If you're considering investing in Techgen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Techgen Metals stands at 0.03, as last reported on the 17th of December 2024, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. Techgen Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0134, which indicates the firm had a -0.0134% return per unit of risk over the last 3 months. Techgen Metals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Techgen Metals' Variance of 24.86, coefficient of variation of (2,277), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
At this time, Techgen Metals' Common Stock is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 3.6 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 3.8 M in 2024. . Techgen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Techgen |
Sharpe Ratio = -0.0134
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| Negative Returns | TG1 |
Estimated Market Risk
| 4.97 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Techgen Metals 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 Techgen Metals by adding Techgen Metals to a well-diversified portfolio.
Price Book 0.7792 | Book Value 0.052 | Enterprise Value 2.9 M | Enterprise Value Ebitda (1.96) | Price Sales 177.0579 |
Techgen Metals Valuation on December 4, 2024
It is possible to determine the worth of Techgen Metals on a given historical date. On December 4, 2024 Techgen was worth 0.034 at the beginning of the trading date compared to the closed value of 0.035. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Techgen Metals stock. Still, in general, we apply an absolute valuation method to find Techgen Metals' 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 Techgen Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Techgen Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 97,191 | |
12/04/2024 | 0.03 | 0.04 | 0.03 | 0.04 | 1,049,437 |
| 0.04 | 0.04 | 0.03 | 0.03 | 243,272 |
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Techgen Metals Trading Date Momentum on December 4, 2024
| On December 05 2024 Techgen Metals was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.03 . The daily volume was recorded at 243.3 K. The volume of trading on 5th of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 2.86% . The trading price change to the closing price today is 8.57% . |
Techgen Metals Fundamentals Correlations and Trends
By evaluating Techgen Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Techgen Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Techgen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Techgen Metals Stock history
Techgen Metals 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 Techgen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Techgen Metals 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 Techgen Metals stock prices may prove useful in developing a viable investing in Techgen Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 101.4 M | 68.6 M | |
| Net Loss | -1.9 M | -1.8 M |
Techgen Metals Quarterly Net Working Capital |
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Techgen Metals Stock Technical Analysis
Techgen Metals 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
Techgen Metals Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Techgen Metals cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Techgen Metals December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Techgen Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Techgen Metals shares will generate the highest return on investment. By undertsting and applying Techgen Metals stock market strength indicators, traders can identify Techgen Metals entry and exit signals to maximize returns
Techgen Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Techgen Metals' price direction in advance. Along with the technical and fundamental analysis of Techgen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Techgen 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 | (0.02) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | 0.8544 |
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Additional Tools for Techgen Stock Analysis
When running Techgen Metals' price analysis, check to measure Techgen Metals' 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 Techgen Metals is operating at the current time. Most of Techgen Metals' value examination focuses on studying past and present price action to predict the probability of Techgen Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techgen Metals' price. Additionally, you may evaluate how the addition of Techgen Metals to your portfolios can decrease your overall portfolio volatility.