Thungela Resources Limited Stock Price History

TNGRF Stock  USD 7.05  0.00  0.00%   
If you're considering investing in Thungela Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Thungela Resources stands at 7.05, as last reported on the 8th of January, with the highest price reaching 7.05 and the lowest price hitting 7.05 during the day. At this point, Thungela Resources is somewhat reliable. Thungela Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0129, which indicates the firm had a 0.0129% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Thungela Resources Limited, which you can use to evaluate the volatility of the company. Please validate Thungela Resources' Semi Deviation of 2.58, coefficient of variation of 1149.67, and Risk Adjusted Performance of 0.0772 to confirm if the risk estimate we provide is consistent with the expected return of 0.0383%.
  
Thungela Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0129

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Estimated Market Risk

 2.96
  actual daily
26
74% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average Thungela Resources 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 Thungela Resources by adding it to a well-diversified portfolio.

Thungela Resources Pink Sheet Price History Chart

There are several ways to analyze Thungela Stock price data. The simplest method is using a basic Thungela candlestick price chart, which shows Thungela Resources price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 19, 20247.65
Lowest PriceDecember 6, 20246.45

Thungela Resources January 8, 2025 Pink Sheet Price Synopsis

Various analyses of Thungela Resources' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Thungela Pink Sheet. It can be used to describe the percentage change in the price of Thungela Resources from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Thungela Pink Sheet.
Thungela Resources Price Rate Of Daily Change 1.00 

Thungela Resources January 8, 2025 Pink Sheet Price Analysis

When benchmark price declines in a down market, there may be an uptick in Thungela Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Thungela Resources intraday prices and daily technical indicators to check the level of noise trading in Thungela Stock and then apply it to test your longer-term investment strategies against Thungela.

Thungela Pink Sheet Price History Data

The price series of Thungela Resources for the period between Thu, Oct 10, 2024 and Wed, Jan 8, 2025 has a statistical range of 1.5 with a coefficient of variation of 4.61. The price distribution for the period has arithmetic mean of 7.03. The median price for the last 90 days is 7.02. The company had dividends distributed to its stock-holders on 2022-09-21.
OpenHighLowCloseVolume
01/08/2025
 7.05  7.05  7.05  7.05 
01/06/2025 7.05  7.05  7.05  7.05  102.00 
01/03/2025 7.05  7.05  7.05  7.05  530.00 
12/31/2024 6.65  6.65  6.65  6.65  150.00 
12/30/2024 6.18  6.74  6.18  6.74  3,700 
12/27/2024 7.02  7.02  7.02  7.02  543.00 
12/24/2024 7.02  7.02  7.02  7.02  10,000 
12/23/2024 7.02  7.02  7.02  7.02  500.00 
12/20/2024 7.19  7.33  6.92  7.33  4,115 
12/19/2024 7.02  7.02  7.02  7.02  505.00 
12/18/2024 7.14  7.14  7.14  7.14  312.00 
12/17/2024 6.90  7.18  6.90  7.18  2,125 
12/16/2024 7.20  7.20  7.20  7.20  135.00 
12/12/2024 7.05  7.05  7.05  7.05  50.00 
12/11/2024 7.15  7.15  6.76  7.05  4,923 
12/10/2024 6.88  6.95  6.88  6.95  1,729 
12/09/2024 6.61  6.61  6.61  6.61  208.00 
12/06/2024 6.45  6.45  6.45  6.45  214.00 
12/05/2024 6.88  6.88  6.88  6.88  240.00 
12/04/2024 6.98  6.98  6.98  6.98  80.00 
12/03/2024 6.95  6.98  6.76  6.98  10,076 
12/02/2024 6.60  6.92  6.60  6.92  920.00 
11/29/2024 6.80  7.19  6.80  7.19  650.00 
11/27/2024 7.00  7.23  6.90  6.90  14,336 
11/26/2024 7.20  7.28  7.20  7.28  410.00 
11/25/2024 7.54  7.66  7.28  7.28  2,244 
11/22/2024 7.50  7.50  7.50  7.50  174.00 
11/21/2024 7.12  7.12  7.00  7.00  3,700 
11/20/2024 7.65  7.65  7.65  7.65  5.00 
11/19/2024 6.98  7.65  6.98  7.65  10,277 
11/18/2024 7.45  7.45  7.45  7.45  100.00 
11/14/2024 7.49  7.49  7.49  7.49  45.00 
11/13/2024 7.10  7.49  7.10  7.49  330.00 
11/12/2024 7.12  7.12  7.12  7.12  200.00 
11/11/2024 7.53  7.53  7.25  7.25  16,301 
11/08/2024 7.56  7.56  7.50  7.52  817.00 
11/07/2024 7.66  7.76  7.29  7.40  4,724 
11/06/2024 7.10  7.30  7.10  7.30  2,440 
11/05/2024 7.15  7.15  7.15  7.15  200.00 
11/04/2024 7.17  7.17  7.17  7.17  235.00 
11/01/2024 6.57  6.90  6.57  6.90  1,230 
10/31/2024 7.00  7.00  7.00  7.00  90.00 
10/30/2024 7.31  7.32  7.00  7.00  1,024 
10/29/2024 7.35  7.35  7.35  7.35  2,720 
10/28/2024 7.35  7.35  7.35  7.35  25.00 
10/25/2024 7.50  7.50  7.35  7.35  3,072 
10/24/2024 7.15  7.55  7.15  7.32  2,945 
10/23/2024 7.17  7.17  7.17  7.17  300.00 
10/22/2024 6.55  7.34  6.55  7.17  4,521 
10/21/2024 7.10  7.12  6.80  7.12  4,489 
10/18/2024 6.98  7.00  6.86  6.86  9,462 
10/17/2024 6.64  6.78  6.64  6.78  7,294 
10/16/2024 6.80  6.80  6.79  6.79  2,440 
10/15/2024 6.85  7.00  6.81  6.81  6,770 
10/14/2024 7.00  7.00  6.84  6.90  2,560 
10/11/2024 7.00  7.00  6.89  7.00  6,208 
10/10/2024 6.80  7.07  6.40  7.07  2,752 
10/09/2024 6.92  7.00  6.90  6.95  7,182 
10/08/2024 6.88  7.00  6.88  6.89  2,042 
10/07/2024 7.00  7.06  6.96  6.96  2,987 
10/04/2024 6.60  6.88  6.60  6.88  1,539 

About Thungela Resources Pink Sheet history

Thungela Resources 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 Thungela is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thungela Resources 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 Thungela Resources stock prices may prove useful in developing a viable investing in Thungela Resources
Thungela Resources Limited engages in the mining and production of thermal coal in South Africa. The company was founded in 1945 and is based in Johannesburg, South Africa. Thungela Res is traded on OTC Exchange in the United States.

Thungela Resources Pink Sheet Technical Analysis

Thungela Resources technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Thungela Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thungela Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Thungela Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thungela Resources' price direction in advance. Along with the technical and fundamental analysis of Thungela Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thungela 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.

Complementary Tools for Thungela Pink Sheet analysis

When running Thungela Resources' price analysis, check to measure Thungela Resources' 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 Thungela Resources is operating at the current time. Most of Thungela Resources' value examination focuses on studying past and present price action to predict the probability of Thungela Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thungela Resources' price. Additionally, you may evaluate how the addition of Thungela Resources to your portfolios can decrease your overall portfolio volatility.
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