Thien Long (Vietnam) Price on May 31, 2023
| TLG Stock | 58,909 3,500 0.17% |
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 59,000, as last reported on the 26th of March, with the highest price reaching 59,500 and the lowest price hitting 58,700 during the day. Thien Long Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12 % return per unit of risk over the last 3 months. Thien Long Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thien Long's Risk Adjusted Performance of (0.1), coefficient of variation of (801.91), and Variance of 4.3 to confirm the risk estimate we provide.
Thien Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thien |
Sharpe Ratio = -0.1247
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| Negative Returns | TLG |
Estimated Market Risk
| 2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thien Long 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 Thien Long by adding Thien Long to a well-diversified portfolio.
Thien Long Valuation on May 31, 2023
It is possible to determine the worth of Thien Long on a given historical date. On May 31, 2023 Thien was worth 52822.44 at the beginning of the trading date compared to the closed value of 53750.33. 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 | |
| 51,522 | 53,101 | 51,522 | 53,101 | 63,700 | |
05/31/2023 | 52,822 | 53,750 | 52,173 | 53,750 | 87,600 |
| 53,379 | 53,843 | 52,451 | 52,636 | 47,900 |
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Thien Long Trading Date Momentum on May 31, 2023
| On June 01 2023 Thien Long Group was traded for 52,636 at the closing time. The maximum traded price for the trading interval was 53,843 and the lowest daily price was 52,451 . The daily volume was recorded at 47.9 K. The volume of trading on 1st of June 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 2.07% . The trading price change to the closing price today is 2.59% . |
Price Boundaries
Thien Long Period Price Range
Low | March 26, 2025
| 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 March 26, 2025 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.