Thien Long (Vietnam) Price on February 28, 2023
| TLG Stock | 69,600 100.00 0.14% |
If you're considering investing in Thien Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thien Long stands at 69,600, as last reported on the 18th of December 2024, with the highest price reaching 69,900 and the lowest price hitting 66,100 during the day. Thien Long appears to be very steady, given 3 months investment horizon. Thien Long Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thien Long Group, which you can use to evaluate the volatility of the company. Please review Thien Long's Coefficient Of Variation of 486.94, semi deviation of 1.65, and Risk Adjusted Performance of 0.1556 to confirm if our risk estimates are consistent with your expectations.
Thien Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thien |
Sharpe Ratio = 0.2117
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Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Thien Long is performing at about 16% 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 Thien Long by adding it to a well-diversified portfolio.
Thien Long Valuation on February 28, 2023
It is possible to determine the worth of Thien Long on a given historical date. On February 28, 2023 Thien was worth 48088.0 at the beginning of the trading date compared to the closed value of 48181.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thien Long stock. Still, in general, we apply an absolute valuation method to find Thien Long'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 Thien Long where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thien Long's related companies.
| Open | High | Low | Close | Volume | |
| 45,582 | 48,273 | 45,582 | 47,995 | 55,200 | |
02/28/2023 | 48,088 | 48,273 | 47,438 | 48,181 | 58,600 |
| 47,159 | 47,345 | 46,416 | 47,345 | 68,700 |
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Thien Long Trading Date Momentum on February 28, 2023
| On March 01 2023 Thien Long Group was traded for 47,345 at the closing time. The maximum traded price for the trading interval was 47,345 and the lowest daily price was 46,416 . The daily volume was recorded at 68.7 K. The volume of trading on 1st of March 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 1.73% . The trading price change to the closing price today is 1.16% . |
Price Boundaries
Thien Long Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
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Thien Long December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Thien Long stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thien Long shares will generate the highest return on investment. By undertsting and applying Thien Long stock market strength indicators, traders can identify Thien Long Group entry and exit signals to maximize returns
Thien Long Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thien Long's price direction in advance. Along with the technical and fundamental analysis of Thien Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thien 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.