Techtronic Industries (Germany) Price on January 6, 2025

TIB1 Stock  EUR 11.91  0.39  3.17%   
If you're considering investing in Techtronic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Techtronic Industries stands at 11.91, as last reported on the 9th of January, with the highest price reaching 11.91 and the lowest price hitting 11.76 during the day. Techtronic Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0831, which indicates the firm had a -0.0831% return per unit of risk over the last 3 months. Techtronic Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Techtronic Industries' Coefficient Of Variation of (1,059), risk adjusted performance of (0.07), and Variance of 5.01 to confirm the risk estimate we provide.
  
Techtronic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0831

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Estimated Market Risk

 2.16
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Techtronic Industries 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 Techtronic Industries by adding Techtronic Industries to a well-diversified portfolio.

Techtronic Industries Valuation on January 6, 2025

It is possible to determine the worth of Techtronic Industries on a given historical date. On January 6, 2025 Techtronic was worth 12.3 at the beginning of the trading date compared to the closed value of 12.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Techtronic Industries stock. Still, in general, we apply an absolute valuation method to find Techtronic Industries' 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 Techtronic Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Techtronic Industries' related companies.
 Open High Low Close Volume
  12.42    12.97    12.42    12.97    44.00  
01/06/2025
  12.30    12.30    12.22    12.22    200.00  
  12.30    12.30    12.30    12.30    200.00  
Backtest Techtronic Industries  |  Techtronic Industries History  |  Techtronic Industries Valuation   PreviousNext  
Open Value
12.3
12.22
Closing Value
18.78
Upside

Techtronic Industries Trading Date Momentum on January 6, 2025

On January 07 2025 Techtronic Industries was traded for  12.30  at the closing time. The maximum traded price for the trading interval was 12.30  and the lowest daily price was  12.30 . The daily volume was recorded at 200. The volume of trading on 7th of January 2025 played a part in the next trading day price rise. The trading price change to the next closing price was 0.65% . The trading price change to the closing price today is 3.76% .

Techtronic Industries Fundamentals Correlations and Trends

By evaluating Techtronic Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Techtronic Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Techtronic financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Techtronic Industries Stock history

Techtronic Industries 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 Techtronic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Techtronic Industries 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 Techtronic Industries stock prices may prove useful in developing a viable investing in Techtronic Industries
Techtronic Industries Company Limited, an investment holding company, engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floor care and appliances in Hong Kong, North America, Europe, and internationally. Techtronic Industries Company Limited was founded in 1985 and is headquartered in Kwai Chung, Hong Kong. TECHTRONIC operates under Tools Accessories classification in Germany and is traded on Frankfurt Stock Exchange. It employs 23279 people.

Techtronic Industries Stock Technical Analysis

Techtronic Industries 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.
A focus of Techtronic Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Techtronic Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Techtronic Industries Period Price Range

Low
January 9, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Techtronic 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.

Techtronic Industries January 9, 2025 Market Strength

Market strength indicators help investors to evaluate how Techtronic Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Techtronic Industries shares will generate the highest return on investment. By undertsting and applying Techtronic Industries stock market strength indicators, traders can identify Techtronic Industries entry and exit signals to maximize returns

Techtronic Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Techtronic Industries' price direction in advance. Along with the technical and fundamental analysis of Techtronic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Techtronic 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.

Complementary Tools for Techtronic Stock analysis

When running Techtronic Industries' price analysis, check to measure Techtronic Industries' 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 Techtronic Industries is operating at the current time. Most of Techtronic Industries' value examination focuses on studying past and present price action to predict the probability of Techtronic Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techtronic Industries' price. Additionally, you may evaluate how the addition of Techtronic Industries to your portfolios can decrease your overall portfolio volatility.
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