Tanzanian Royalty Exploration Stock Price History

TRX Stock  USD 0.35  0.01  2.78%   
Below is the normalized historical share price chart for Tanzanian Royalty Exploration extending back to May 12, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tanzanian Royalty stands at 0.35, as last reported on the 28th of November, with the highest price reaching 0.35 and the lowest price hitting 0.35 during the day.
IPO Date
12th of May 2005
200 Day MA
0.4051
50 Day MA
0.3894
Beta
0.13
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Tanzanian Stock, it is important to understand the factors that can impact its price. Tanzanian Royalty owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0622, which indicates the firm had a -0.0622% return per unit of risk over the last 3 months. Tanzanian Royalty Exploration exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tanzanian Royalty's Coefficient Of Variation of (1,334), variance of 5.47, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
  
At this time, Tanzanian Royalty's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 348.4 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (8.2 K). . At this time, Tanzanian Royalty's Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 6.03 in 2024, whereas Price To Sales Ratio is likely to drop 3.15 in 2024. Tanzanian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0622

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsTRX

Estimated Market Risk

 2.33
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tanzanian Royalty 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 Tanzanian Royalty by adding Tanzanian Royalty to a well-diversified portfolio.
Price Book
1.863
Enterprise Value Ebitda
8.6244
Price Sales
2.727
Shares Float
252.2 M
Wall Street Target Price
1.3833

Tanzanian Royalty Stock Price History Chart

There are several ways to analyze Tanzanian Stock price data. The simplest method is using a basic Tanzanian candlestick price chart, which shows Tanzanian Royalty 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 PriceOctober 25, 20240.42
Lowest PriceNovember 21, 20240.35

Tanzanian Royalty November 28, 2024 Stock Price Synopsis

Various analyses of Tanzanian Royalty's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Tanzanian Stock. It can be used to describe the percentage change in the price of Tanzanian Royalty from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Tanzanian Stock.
Tanzanian Royalty Price Rate Of Daily Change 0.97 
Tanzanian Royalty Price Action Indicator(0.01)

Tanzanian Royalty November 28, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Tanzanian 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 Tanzanian Royalty intraday prices and daily technical indicators to check the level of noise trading in Tanzanian Stock and then apply it to test your longer-term investment strategies against Tanzanian.

Tanzanian Stock Price History Data

The price series of Tanzanian Royalty for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 has a statistical range of 0.07 with a coefficient of variation of 4.56. The price distribution for the period has arithmetic mean of 0.39. The median price for the last 90 days is 0.39.
OpenHighLowCloseVolume
11/28/2024
 0.36  0.35  0.35  0.35 
11/27/2024 0.36  0.36  0.35  0.35  202,091 
11/26/2024 0.35  0.35  0.35  0.35  423,533 
11/25/2024 0.36  0.36  0.35  0.35  439,748 
11/22/2024 0.36  0.37  0.36  0.36  319,136 
11/21/2024 0.36  0.36  0.35  0.35  483,374 
11/20/2024 0.36  0.36  0.36  0.36  302,581 
11/19/2024 0.36  0.36  0.36  0.36  306,289 
11/18/2024 0.36  0.37  0.36  0.36  369,237 
11/15/2024 0.37  0.38  0.36  0.36  274,322 
11/14/2024 0.37  0.37  0.37  0.37  345,784 
11/13/2024 0.38  0.38  0.37  0.37  267,028 
11/12/2024 0.37  0.38  0.36  0.37  527,231 
11/11/2024 0.37  0.37  0.35  0.36  766,234 
11/08/2024 0.38  0.38  0.37  0.37  284,369 
11/07/2024 0.38  0.39  0.38  0.38  294,350 
11/06/2024 0.37  0.38  0.36  0.38  456,559 
11/05/2024 0.38  0.39  0.37  0.38  441,371 
11/04/2024 0.39  0.40  0.38  0.38  601,816 
11/01/2024 0.40  0.41  0.39  0.39  332,525 
10/31/2024 0.40  0.41  0.40  0.40  379,058 
10/30/2024 0.41  0.41  0.39  0.40  792,570 
10/29/2024 0.41  0.41  0.40  0.40  213,132 
10/28/2024 0.42  0.42  0.39  0.40  644,212 
10/25/2024 0.41  0.42  0.40  0.42  510,363 
10/24/2024 0.42  0.42  0.40  0.41  937,630 
10/23/2024 0.41  0.41  0.39  0.39  543,158 
10/22/2024 0.42  0.42  0.41  0.41  549,709 
10/21/2024 0.41  0.42  0.40  0.41  565,175 
10/18/2024 0.39  0.42  0.39  0.41  717,378 
10/17/2024 0.39  0.40  0.39  0.40  253,373 
10/16/2024 0.40  0.40  0.39  0.40  333,982 
10/15/2024 0.39  0.40  0.38  0.40  230,919 
10/14/2024 0.40  0.40  0.39  0.39  468,492 
10/11/2024 0.39  0.40  0.39  0.40  416,808 
10/10/2024 0.38  0.39  0.38  0.38  242,675 
10/09/2024 0.39  0.39  0.38  0.38  463,146 
10/08/2024 0.39  0.39  0.39  0.39  282,852 
10/07/2024 0.40  0.40  0.39  0.39  214,642 
10/04/2024 0.40  0.41  0.39  0.40  248,303 
10/03/2024 0.41  0.41  0.40  0.41  145,307 
10/02/2024 0.40  0.41  0.40  0.41  136,356 
10/01/2024 0.40  0.41  0.39  0.40  666,116 
09/30/2024 0.39  0.40  0.39  0.39  269,344 
09/27/2024 0.40  0.40  0.40  0.40  247,115 
09/26/2024 0.40  0.40  0.39  0.39  378,540 
09/25/2024 0.41  0.41  0.40  0.40  386,670 
09/24/2024 0.40  0.41  0.38  0.41  1,138,581 
09/23/2024 0.40  0.41  0.39  0.40  272,850 
09/20/2024 0.41  0.42  0.41  0.41  150,049 
09/19/2024 0.41  0.41  0.40  0.41  440,404 
09/18/2024 0.42  0.42  0.40  0.40  466,485 
09/17/2024 0.41  0.42  0.40  0.41  425,539 
09/16/2024 0.41  0.42  0.40  0.40  361,850 
09/13/2024 0.39  0.43  0.39  0.41  1,036,731 
09/12/2024 0.38  0.39  0.37  0.39  262,163 
09/11/2024 0.37  0.38  0.37  0.38  85,024 
09/10/2024 0.38  0.38  0.37  0.37  306,720 
09/09/2024 0.38  0.38  0.38  0.38  169,869 
09/06/2024 0.38  0.38  0.37  0.38  234,777 
09/05/2024 0.39  0.39  0.38  0.38  187,407 

About Tanzanian Royalty Stock history

Tanzanian Royalty 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 Tanzanian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tanzanian Royalty 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 Tanzanian Royalty stock prices may prove useful in developing a viable investing in Tanzanian Royalty
Last ReportedProjected for Next Year
Common Stock Shares Outstanding331.8 M348.4 M
Net Loss-5.6 M-5.9 M

Tanzanian Royalty Stock Technical Analysis

Tanzanian Royalty 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.
A focus of Tanzanian Royalty technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tanzanian Royalty 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...

Did you try this?

Run Crypto Correlations Now

   

Crypto Correlations

Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
All  Next Launch Module

Tanzanian Royalty Technical and Predictive Indicators

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

Additional Tools for Tanzanian Stock Analysis

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