Transpaco (South Africa) Price on February 24, 2023
TPC Stock | 3,250 500.00 13.33% |
If you're considering investing in Transpaco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Transpaco stands at 3,250, as last reported on the 7th of January, with the highest price reaching 3,250 and the lowest price hitting 3,250 during the day. Transpaco owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Transpaco exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transpaco's Coefficient Of Variation of (876.92), variance of 4.32, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Transpaco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Transpaco |
Sharpe Ratio = -0.114
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Estimated Market Risk
2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transpaco 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 Transpaco by adding Transpaco to a well-diversified portfolio.
Transpaco Valuation on February 24, 2023
It is possible to determine the worth of Transpaco on a given historical date. On February 24, 2023 Transpaco was worth 3038.62 at the beginning of the trading date compared to the closed value of 3038.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transpaco stock. Still, in general, we apply an absolute valuation method to find Transpaco'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 Transpaco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transpaco's related companies.
Open | High | Low | Close | Volume | |
3,043 | 3,043 | 3,043 | 3,043 | 1.00 | |
02/24/2023 | 3,039 | 3,039 | 3,039 | 3,039 | 44,041 |
3,037 | 3,037 | 3,037 | 3,037 | 500.00 |
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Transpaco Trading Date Momentum on February 24, 2023
On February 27 2023 Transpaco was traded for 3,037 at the closing time. The highest price during the trading period was 3,037 and the lowest recorded bid was listed for 3,037 . The volume for the day was 500. This history from February 27, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.06% . The trading price change to the current price is 3.26% . |
Transpaco Fundamentals Correlations and Trends
By evaluating Transpaco'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 Transpaco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transpaco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transpaco Stock history
Transpaco 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 Transpaco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transpaco 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 Transpaco stock prices may prove useful in developing a viable investing in Transpaco
Transpaco Stock Technical Analysis
Transpaco technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Transpaco Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Transpaco cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Transpaco January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Transpaco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transpaco shares will generate the highest return on investment. By undertsting and applying Transpaco stock market strength indicators, traders can identify Transpaco entry and exit signals to maximize returns
Transpaco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transpaco's price direction in advance. Along with the technical and fundamental analysis of Transpaco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transpaco 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 | (0.29) | |||
Treynor Ratio | 0.4115 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for Transpaco Stock analysis
When running Transpaco's price analysis, check to measure Transpaco'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 Transpaco is operating at the current time. Most of Transpaco's value examination focuses on studying past and present price action to predict the probability of Transpaco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transpaco's price. Additionally, you may evaluate how the addition of Transpaco to your portfolios can decrease your overall portfolio volatility.
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