Thien Long (Vietnam) Price on March 9, 2023

TLG Stock   68,500  1,100  1.58%   
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 68,500, as last reported on the 19th of December, with the highest price reaching 69,600 and the lowest price hitting 67,500 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 Risk Adjusted Performance of 0.1574, coefficient of variation of 526.76, and Semi Deviation of 1.66 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.

Sharpe Ratio = 0.1863

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Estimated Market Risk

 2.3
  actual daily
20
80% of assets are more volatile

Expected Return

 0.43
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Thien Long is performing at about 14% 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 9, 2023

It is possible to determine the worth of Thien Long on a given historical date. On March 9, 2023 Thien was worth 47345.31 at the beginning of the trading date compared to the closed value of 47623.58. 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
  46,974    47,530    46,974    47,438    70,400  
03/09/2023
  47,345    48,181    47,252    47,624    142,600  
  47,624    47,624    47,159    47,345    116,500  
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Open Value
47345.31
47,338
Downside
47623.58
Closing Value
47,352
Upside

Thien Long Trading Date Momentum on March 9, 2023

On March 10 2023 Thien Long Group was traded for  47,345  at the closing time. The maximum traded price for the trading interval was 47,624  and the lowest daily price was  47,159 . The daily volume was recorded at 116.5 K. The volume of trading on 10th of March 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 0.58% . The trading price change to the closing price today is 3.31% .

Price Boundaries

Thien Long Period Price Range

Low
December 19, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thien Long Group cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.

Thien Long December 19, 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.