Thien Long (Vietnam) Price on March 5, 2024
| TLG Stock | 70,800 100.00 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 70,800, as last reported on the 25th of December, with the highest price reaching 70,900 and the lowest price hitting 69,700 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 0.19, which indicates the firm had a 0.19% 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 Semi Deviation of 1.61, coefficient of variation of 498.78, and Risk Adjusted Performance of 0.1668 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 = 0.1906
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Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Thien Long is performing at about 15% 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 March 5, 2024
It is possible to determine the worth of Thien Long on a given historical date. On March 5, 2024 Thien was worth 46028.67 at the beginning of the trading date compared to the closed value of 46173.72. 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 | |
| 46,029 | 46,125 | 45,545 | 45,980 | 140,800 | |
03/05/2024 | 46,029 | 46,270 | 45,545 | 46,174 | 147,100 |
| 46,174 | 46,174 | 45,448 | 45,642 | 71,100 |
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Thien Long Trading Date Momentum on March 5, 2024
| On March 06 2024 Thien Long Group was traded for 45,642 at the closing time. The maximum traded price for the trading interval was 46,174 and the lowest daily price was 45,448 . The daily volume was recorded at 71.1 K. The volume of trading on 6th of March 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.15% . The trading price change to the closing price today is 3.04% . |
Price Boundaries
Thien Long Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
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Thien Long December 25, 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.