Top Glove Stock Price on October 7, 2024
| TPGVF Stock | USD 0.31 0.01 3.33% |
If you're considering investing in Top Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Top Glove stands at 0.31, as last reported on the 26th of December, with the highest price reaching 0.31 and the lowest price hitting 0.22 during the day. Top Glove is out of control given 3 months investment horizon. Top Glove owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Top Glove Coefficient Of Variation of 665.71, risk adjusted performance of 0.1289, and Variance of 47.25 to evaluate company specific risk that cannot be diversified away.
Top Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Top |
Sharpe Ratio = 0.1526
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Estimated Market Risk
| 6.98 actual daily | 62 62% of assets are less volatile |
Expected Return
| 1.06 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Top Glove is performing at about 12% 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 Top Glove by adding it to a well-diversified portfolio.
Top Glove Valuation on October 7, 2024
It is possible to determine the worth of Top Glove on a given historical date. On October 7, 2024 Top was worth 0.18 at the beginning of the trading date compared to the closed value of 0.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Top Glove pink sheet. Still, in general, we apply an absolute valuation method to find Top Glove'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 Top Glove where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Top Glove's related companies.
| Open | High | Low | Close | Volume | |
| 0.18 | 0.18 | 0.18 | 0.18 | 1.00 | |
10/07/2024 | 0.18 | 0.18 | 0.18 | 0.18 | 1.00 |
| 0.18 | 0.18 | 0.18 | 0.18 | 1.00 |
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Top Glove Trading Date Momentum on October 7, 2024
| On October 08 2024 Top Glove was traded for 0.18 at the closing time. The highest daily price throughout the period was 0.18 and the lowest price was 0.18 . There was no trading activity during the period 1.0. Lack of trading volume on 10/08/2024 did not result in any price rise and fall. The trading price change to current closing price is 27.78% . |
Top Glove Fundamentals Correlations and Trends
By evaluating Top Glove'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 Top Glove's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Top financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Top Glove Pink Sheet history
Top Glove 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 Top is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Top Glove 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 Top Glove stock prices may prove useful in developing a viable investing in Top Glove
Top Glove Corporation Bhd., an investment holding company, researches, develops, manufactures, and trades in gloves and rubber goods in Malaysia. Top Glove Corporation Bhd. was founded in 1991 and is headquartered in Shah Alam, Malaysia. Top Glove operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 17700 people.
Top Glove Pink Sheet Technical Analysis
Top Glove 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
Top Glove Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Top Glove 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.
Top Glove December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Top Glove 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 Top Glove shares will generate the highest return on investment. By undertsting and applying Top Glove pink sheet market strength indicators, traders can identify Top Glove entry and exit signals to maximize returns
Top Glove Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Top Glove's price direction in advance. Along with the technical and fundamental analysis of Top Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Top 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 | 0.1289 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | 0.724 | |||
| Treynor Ratio | (2.44) |
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| Volume Indicators |
Complementary Tools for Top Pink Sheet analysis
When running Top Glove's price analysis, check to measure Top Glove'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 Top Glove is operating at the current time. Most of Top Glove's value examination focuses on studying past and present price action to predict the probability of Top Glove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Glove's price. Additionally, you may evaluate how the addition of Top Glove to your portfolios can decrease your overall portfolio volatility.
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