Truworths International (South Africa) Price on October 9, 2024
TRU Stock | 10,398 129.00 1.26% |
If you're considering investing in Truworths Stock, it is important to understand the factors that can impact its price. As of today, the current price of Truworths International stands at 10,398, as last reported on the 23rd of December, with the highest price reaching 10,480 and the lowest price hitting 10,200 during the day. Truworths International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0276, which indicates the firm had a -0.0276% return per unit of risk over the last 3 months. Truworths International exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Truworths International's Risk Adjusted Performance of 0.046, coefficient of variation of 1982.23, and Semi Deviation of 1.74 to confirm the risk estimate we provide.
Truworths Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Truworths |
Sharpe Ratio = -0.0276
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Estimated Market Risk
1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Truworths International is not performing at its full potential. However, 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 Truworths International by adding Truworths International to a well-diversified portfolio.
Truworths International Valuation on October 9, 2024
It is possible to determine the worth of Truworths International on a given historical date. On October 9, 2024 Truworths was worth 10015.0 at the beginning of the trading date compared to the closed value of 10155.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Truworths International stock. Still, in general, we apply an absolute valuation method to find Truworths International'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 Truworths International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Truworths International's related companies.
Open | High | Low | Close | Volume | |
10,400 | 10,400 | 9,878 | 10,181 | 875,092 | |
10/09/2024 | 10,015 | 10,175 | 10,015 | 10,155 | 1,098,142 |
10,188 | 10,539 | 10,115 | 10,400 | 1,748,080 |
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Truworths International Trading Date Momentum on October 9, 2024
On October 10 2024 Truworths International was traded for 10,400 at the closing time. The highest price during the trading period was 10,539 and the lowest recorded bid was listed for 10,115 . The volume for the day was 1.7 M. This history from October 10, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 2.41% . The trading price change to the current price is 2.67% . |
Truworths International Fundamentals Correlations and Trends
By evaluating Truworths International'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 Truworths International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Truworths financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Truworths International Stock history
Truworths International 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 Truworths is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Truworths International 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 Truworths International stock prices may prove useful in developing a viable investing in Truworths International
Truworths International Stock Technical Analysis
Truworths International 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
Truworths International Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Truworths International 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.
Truworths International December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Truworths International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Truworths International shares will generate the highest return on investment. By undertsting and applying Truworths International stock market strength indicators, traders can identify Truworths International entry and exit signals to maximize returns
Truworths International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Truworths International's price direction in advance. Along with the technical and fundamental analysis of Truworths Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Truworths 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 | 0.046 | |||
Jensen Alpha | 0.0855 | |||
Total Risk Alpha | 0.0353 | |||
Sortino Ratio | 0.0366 | |||
Treynor Ratio | 0.3256 |
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Volume Indicators |
Complementary Tools for Truworths Stock analysis
When running Truworths International's price analysis, check to measure Truworths International'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 Truworths International is operating at the current time. Most of Truworths International's value examination focuses on studying past and present price action to predict the probability of Truworths International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truworths International's price. Additionally, you may evaluate how the addition of Truworths International to your portfolios can decrease your overall portfolio volatility.
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