Trencor (South Africa) Price on October 12, 2023
| TRE Stock | 755.00 5.00 0.66% |
If you're considering investing in Trencor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trencor stands at 755.00, as last reported on the 23rd of December, with the highest price reaching 760.00 and the lowest price hitting 755.00 during the day. At this point, Trencor is very steady. Trencor owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0161, which indicates the firm had a 0.0161% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trencor, which you can use to evaluate the volatility of the company. Please validate Trencor's Semi Deviation of 1.64, coefficient of variation of 2797.87, and Risk Adjusted Performance of 0.0343 to confirm if the risk estimate we provide is consistent with the expected return of 0.0313%.
Trencor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trencor |
Sharpe Ratio = 0.0161
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TRE |
Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Trencor is performing at about 1% 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 Trencor by adding it to a well-diversified portfolio.
Trencor Valuation on October 12, 2023
It is possible to determine the worth of Trencor on a given historical date. On October 12, 2023 Trencor was worth 671.0 at the beginning of the trading date compared to the closed value of 671.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trencor stock. Still, in general, we apply an absolute valuation method to find Trencor'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 Trencor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trencor's related companies.
| Open | High | Low | Close | Volume | |
| 675.00 | 675.00 | 671.00 | 671.00 | 30,837 | |
10/12/2023 | 671.00 | 671.00 | 671.00 | 671.00 | 1.00 |
| 655.00 | 675.00 | 655.00 | 675.00 | 31,519 |
| Backtest Trencor | | | Trencor History | | | Trencor Valuation | Previous | Next |
Trencor Trading Date Momentum on October 12, 2023
| On October 13 2023 Trencor was traded for 675.00 at the closing time. The highest price during the trading period was 675.00 and the lowest recorded bid was listed for 655.00 . The volume for the day was 31.5 K. This history from October 13, 2023 contributed to the next trading day price growth. The trading price change to the next closing price was 0.60% . The trading price change to the current price is 0.89% . |
Trencor Fundamentals Correlations and Trends
By evaluating Trencor'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 Trencor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trencor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trencor Stock history
Trencor 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 Trencor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trencor 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 Trencor stock prices may prove useful in developing a viable investing in Trencor
Trencor Stock Technical Analysis
Trencor 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
Trencor Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Trencor 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.
Trencor December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Trencor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trencor shares will generate the highest return on investment. By undertsting and applying Trencor stock market strength indicators, traders can identify Trencor entry and exit signals to maximize returns
Trencor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trencor's price direction in advance. Along with the technical and fundamental analysis of Trencor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trencor 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 | 0.0343 | |||
| Jensen Alpha | 0.0671 | |||
| Total Risk Alpha | 0.0051 | |||
| Sortino Ratio | 0.0168 | |||
| Treynor Ratio | (0.18) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Trencor Stock analysis
When running Trencor's price analysis, check to measure Trencor'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 Trencor is operating at the current time. Most of Trencor's value examination focuses on studying past and present price action to predict the probability of Trencor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trencor's price. Additionally, you may evaluate how the addition of Trencor to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| CEOs Directory Screen CEOs from public companies around the world | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |