Trend Micro Adr Stock Price on October 5, 2023
TMICY Stock | USD 53.74 1.33 2.42% |
If you're considering investing in Trend Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Trend Micro stands at 53.74, as last reported on the 22nd of December, with the highest price reaching 54.01 and the lowest price hitting 53.21 during the day. Trend Micro ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0984, which indicates the firm had a -0.0984% return per unit of risk over the last 3 months. Trend Micro ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trend Micro's Variance of 3.22, coefficient of variation of (827.14), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Trend Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Trend |
Sharpe Ratio = -0.0984
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Estimated Market Risk
1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trend Micro 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 Trend Micro by adding Trend Micro to a well-diversified portfolio.
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Trend Micro Valuation on October 5, 2023
It is possible to determine the worth of Trend Micro on a given historical date. On October 5, 2023 Trend was worth 37.81 at the beginning of the trading date compared to the closed value of 37.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trend Micro pink sheet. Still, in general, we apply an absolute valuation method to find Trend Micro'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 Trend Micro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trend Micro's related companies.
Open | High | Low | Close | Volume | |
36.93 | 36.93 | 36.63 | 36.85 | 14,900 | |
10/05/2023 | 37.81 | 37.97 | 37.62 | 37.84 | 17,500 |
37.72 | 38.39 | 37.72 | 38.39 | 20,300 |
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Trend Micro Trading Date Momentum on October 5, 2023
On October 06 2023 Trend Micro ADR was traded for 38.39 at the closing time. The highest daily price throughout the period was 38.39 and the lowest price was 37.72 . The daily volume was 20.3 K. The net trading volume on 10/06/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 1.45% . The trading price change to current closing price is 1.32% . |
Trend Micro ADR Fundamentals Correlations and Trends
By evaluating Trend Micro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Trend Micro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trend financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trend Micro Pink Sheet history
Trend Micro 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 Trend is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trend Micro ADR 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 Trend Micro stock prices may prove useful in developing a viable investing in Trend Micro
Trend Micro Incorporated develops and sells security-related software for computers and the Internet primarily in Japan. The company was incorporated in 1965 and is headquartered in Tokyo, Japan. TREND MICRO operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange. It employs 7024 people.
Trend Micro Pink Sheet Technical Analysis
Trend Micro technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Trend Micro Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Trend Micro ADR cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Trend Micro December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Trend Micro pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trend Micro shares will generate the highest return on investment. By undertsting and applying Trend Micro pink sheet market strength indicators, traders can identify Trend Micro ADR entry and exit signals to maximize returns
Trend Micro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trend Micro's price direction in advance. Along with the technical and fundamental analysis of Trend Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trend 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.
Risk Adjusted Performance | (0.09) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (0.43) |
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Volume Indicators |
Additional Tools for Trend Pink Sheet Analysis
When running Trend Micro's price analysis, check to measure Trend Micro's 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 Trend Micro is operating at the current time. Most of Trend Micro's value examination focuses on studying past and present price action to predict the probability of Trend Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trend Micro's price. Additionally, you may evaluate how the addition of Trend Micro to your portfolios can decrease your overall portfolio volatility.