Trex Company Stock Price on December 16, 2024
| TREX Stock | USD 69.43 1.18 1.73% |
If you're considering investing in Trex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trex stands at 69.43, as last reported on the 6th of January, with the highest price reaching 69.65 and the lowest price hitting 67.75 during the day. At this stage we consider Trex Stock to be very steady. Trex Company owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0651, which indicates the firm had a 0.0651% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trex Company, which you can use to evaluate the volatility of the company. Please validate Trex's Semi Deviation of 1.77, coefficient of variation of 1537.24, and Risk Adjusted Performance of 0.0589 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
Trex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trex |
Sharpe Ratio = 0.0651
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| Cash | Small Risk | TREX | High Risk | Huge Risk |
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Trex is performing at about 5% 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 Trex by adding it to a well-diversified portfolio.
Trex Valuation on December 16, 2024
It is possible to determine the worth of Trex on a given historical date. On December 16, 2024 Trex was worth 76.84 at the beginning of the trading date compared to the closed value of 77.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trex stock. Still, in general, we apply an absolute valuation method to find Trex'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 Trex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trex's related companies.
| Open | High | Low | Close | Volume | |
| 77.87 | 78.07 | 76.28 | 76.98 | 1,700,686 | |
12/16/2024 | 76.84 | 78.38 | 75.26 | 77.60 | 1,264,424 |
| 77.15 | 77.88 | 76.38 | 76.81 | 921,754 |
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Trex Trading Date Momentum on December 16, 2024
| On December 17 2024 Trex Company was traded for 76.81 at the closing time. The top price for the day was 77.88 and the lowest listed price was 76.38 . The trading volume for the day was 921.8 K. The trading history from December 17, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.02% . The trading price change against the current closing price is 9.06% . |
Trex Company Fundamentals Correlations and Trends
By evaluating Trex'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 Trex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trex Stock history
Trex 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 Trex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trex Company 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 Trex stock prices may prove useful in developing a viable investing in Trex
Trex Company, Inc. manufactures and distributes decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. Trex Company, Inc. was founded in 1996 and is headquartered in Winchester, Virginia. Trex operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 2074 people.
Trex Stock Technical Analysis
Trex 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
Trex Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Trex Company cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Trex January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Trex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trex shares will generate the highest return on investment. By undertsting and applying Trex stock market strength indicators, traders can identify Trex Company entry and exit signals to maximize returns
Trex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trex's price direction in advance. Along with the technical and fundamental analysis of Trex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trex 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 | 0.0589 | |||
| Jensen Alpha | 0.1155 | |||
| Total Risk Alpha | 0.0954 | |||
| Sortino Ratio | 0.0609 | |||
| Treynor Ratio | 0.1315 |
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Additional Tools for Trex Stock Analysis
When running Trex's price analysis, check to measure Trex'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 Trex is operating at the current time. Most of Trex's value examination focuses on studying past and present price action to predict the probability of Trex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trex's price. Additionally, you may evaluate how the addition of Trex to your portfolios can decrease your overall portfolio volatility.