TRANS NATIONWIDE (Nigeria) Price on November 21, 2024
| TRANSEXPR | 1.38 0.00 0.00% |
If you're considering investing in TRANS Stock, it is important to understand the factors that can impact its price. As of today, the current price of TRANS NATIONWIDE stands at 1.38, as last reported on the 28th of December, with the highest price reaching 1.38 and the lowest price hitting 1.38 during the day. At this stage we consider TRANS Stock to be unstable. TRANS NATIONWIDE EXP retains Efficiency (Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found sixteen technical indicators for TRANS NATIONWIDE, which you can use to evaluate the volatility of the company. Please validate TRANS NATIONWIDE's risk adjusted performance of 0.1232, and Standard Deviation of 1.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
TRANS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TRANS |
Sharpe Ratio = 0.1551
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average TRANS NATIONWIDE 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 TRANS NATIONWIDE by adding it to a well-diversified portfolio.
TRANS NATIONWIDE Valuation on November 21, 2024
It is possible to determine the worth of TRANS NATIONWIDE on a given historical date. On November 21, 2024 TRANS was worth 1.23 at the beginning of the trading date compared to the closed value of 1.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TRANS NATIONWIDE stock. Still, in general, we apply an absolute valuation method to find TRANS NATIONWIDE'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 TRANS NATIONWIDE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TRANS NATIONWIDE's related companies.
| Open | High | Low | Close | Volume | |
| 1.23 | 1.23 | 1.23 | 1.23 | 149,500 | |
11/21/2024 | 1.23 | 1.23 | 1.23 | 1.23 | 4,000 |
| 1.23 | 1.23 | 1.23 | 1.23 | 1.00 |
| Backtest TRANS NATIONWIDE | | | TRANS NATIONWIDE History | Previous | Next |
TRANS NATIONWIDE Trading Date Momentum on November 21, 2024
| On November 22 2024 TRANS NATIONWIDE EXPRESS PLC was traded for 1.23 at the closing time. The highest price during the trading period was 1.23 and the lowest recorded bid was listed for 1.23 . There was no trading activity during the period 1.0. Lack of trading volume on November 22, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Price Boundaries
TRANS NATIONWIDE Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
TRANS NATIONWIDE EXPRESS 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.
TRANS NATIONWIDE December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how TRANS NATIONWIDE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TRANS NATIONWIDE shares will generate the highest return on investment. By undertsting and applying TRANS NATIONWIDE stock market strength indicators, traders can identify TRANS NATIONWIDE EXPRESS PLC entry and exit signals to maximize returns
TRANS NATIONWIDE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TRANS NATIONWIDE's price direction in advance. Along with the technical and fundamental analysis of TRANS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TRANS 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 | 0.1232 | |||
| Jensen Alpha | 0.173 | |||
| Total Risk Alpha | 0.1377 | |||
| Treynor Ratio | (2.17) |
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Additional Tools for TRANS Stock Analysis
When running TRANS NATIONWIDE's price analysis, check to measure TRANS NATIONWIDE'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 TRANS NATIONWIDE is operating at the current time. Most of TRANS NATIONWIDE's value examination focuses on studying past and present price action to predict the probability of TRANS NATIONWIDE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TRANS NATIONWIDE's price. Additionally, you may evaluate how the addition of TRANS NATIONWIDE to your portfolios can decrease your overall portfolio volatility.