TRANSCORP HOTELS (Nigeria) Price on August 31, 2023
| TRANSCOHOT | 127.35 11.35 9.78% |
If you're considering investing in TRANSCORP Stock, it is important to understand the factors that can impact its price. As of today, the current price of TRANSCORP HOTELS stands at 127.35, as last reported on the 10th of January, with the highest price reaching 127.35 and the lowest price hitting 116.00 during the day. TRANSCORP HOTELS appears to be very steady, given 3 months investment horizon. TRANSCORP HOTELS PLC retains Efficiency (Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of risk over the last 3 months. By inspecting TRANSCORP HOTELS's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review TRANSCORP HOTELS's standard deviation of 1.86, and Risk Adjusted Performance of 0.1776 to confirm if our risk estimates are consistent with your expectations.
TRANSCORP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TRANSCORP |
Sharpe Ratio = 0.2617
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average TRANSCORP HOTELS is performing at about 20% 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 TRANSCORP HOTELS by adding it to a well-diversified portfolio.
TRANSCORP HOTELS Valuation on August 31, 2023
It is possible to determine the worth of TRANSCORP HOTELS on a given historical date. On August 31, 2023 TRANSCORP was worth 41.8 at the beginning of the trading date compared to the closed value of 39.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TRANSCORP HOTELS stock. Still, in general, we apply an absolute valuation method to find TRANSCORP HOTELS'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 TRANSCORP HOTELS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TRANSCORP HOTELS's related companies.
| Open | High | Low | Close | Volume | |
| 41.80 | 41.80 | 41.80 | 41.80 | 18,021 | |
08/31/2023 | 41.80 | 41.80 | 39.99 | 39.99 | 107,961 |
| 39.99 | 41.50 | 39.99 | 41.50 | 319,943 |
| Backtest TRANSCORP HOTELS | | | TRANSCORP HOTELS History | Previous | Next |
TRANSCORP HOTELS Trading Date Momentum on August 31, 2023
| On September 01 2023 TRANSCORP HOTELS PLC was traded for 41.50 at the closing time. The highest price during the trading period was 41.50 and the lowest recorded bid was listed for 39.99 . The volume for the day was 319.9 K. This history from September 1, 2023 contributed to the next trading day price boost. The trading price change to the next closing price was 3.78% . The trading price change to the current price is 3.78% . |
Price Boundaries
TRANSCORP HOTELS Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
TRANSCORP HOTELS PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian Stock 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.
TRANSCORP HOTELS January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how TRANSCORP HOTELS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TRANSCORP HOTELS shares will generate the highest return on investment. By undertsting and applying TRANSCORP HOTELS stock market strength indicators, traders can identify TRANSCORP HOTELS PLC entry and exit signals to maximize returns
TRANSCORP HOTELS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TRANSCORP HOTELS's price direction in advance. Along with the technical and fundamental analysis of TRANSCORP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TRANSCORP 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.