Tokyo Electron Stock Price on December 20, 2024
TOELF Stock | USD 148.25 7.35 4.72% |
If you're considering investing in Tokyo Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Tokyo Electron stands at 148.25, as last reported on the 21st of December, with the highest price reaching 155.00 and the lowest price hitting 148.08 during the day. Tokyo Electron owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0323, which indicates the firm had a -0.0323% return per unit of risk over the last 3 months. Tokyo Electron exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tokyo Electron's Variance of 12.95, risk adjusted performance of 8.0E-4, and Coefficient Of Variation of (11,339) to confirm the risk estimate we provide.
Tokyo Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Tokyo |
Sharpe Ratio = -0.0323
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Estimated Market Risk
3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tokyo Electron 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 Tokyo Electron by adding Tokyo Electron to a well-diversified portfolio.
Tokyo Electron Valuation on December 20, 2024
It is possible to determine the worth of Tokyo Electron on a given historical date. On December 20, 2024 Tokyo was worth 148.18 at the beginning of the trading date compared to the closed value of 148.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tokyo Electron pink sheet. Still, in general, we apply an absolute valuation method to find Tokyo Electron'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 Tokyo Electron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tokyo Electron's related companies.
Open | High | Low | Close | Volume | |
155.45 | 155.60 | 147.70 | 155.60 | 1,398 | |
12/20/2024 | 148.18 | 155.00 | 148.08 | 148.25 | 943.00 |
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Tokyo Electron Trading Date Momentum on December 20, 2024
On December 20 2024 Tokyo Electron was traded for 148.25 at the closing time. The highest daily price throughout the period was 155.00 and the lowest price was 148.08 . The daily volume was 943. The net trading volume on 12/20/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.05% . |
Tokyo Electron Fundamentals Correlations and Trends
By evaluating Tokyo Electron'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 Tokyo Electron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tokyo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tokyo Electron Pink Sheet history
Tokyo Electron 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 Tokyo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tokyo Electron 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 Tokyo Electron stock prices may prove useful in developing a viable investing in Tokyo Electron
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. Tokyo Electron Limited was incorporated in 1951 and is headquartered in Tokyo, Japan. TOKYO ELECTRON operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 15634 people.
Tokyo Electron Pink Sheet Technical Analysis
Tokyo Electron 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
Tokyo Electron Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
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Tokyo Electron December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Tokyo Electron 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 Tokyo Electron shares will generate the highest return on investment. By undertsting and applying Tokyo Electron pink sheet market strength indicators, traders can identify Tokyo Electron entry and exit signals to maximize returns
Tokyo Electron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tokyo Electron's price direction in advance. Along with the technical and fundamental analysis of Tokyo Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tokyo 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 | 8.0E-4 | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | (0.06) |
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Volume Indicators |
Complementary Tools for Tokyo Pink Sheet analysis
When running Tokyo Electron's price analysis, check to measure Tokyo Electron'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 Tokyo Electron is operating at the current time. Most of Tokyo Electron's value examination focuses on studying past and present price action to predict the probability of Tokyo Electron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tokyo Electron's price. Additionally, you may evaluate how the addition of Tokyo Electron to your portfolios can decrease your overall portfolio volatility.
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