Transcontinental (Germany) Price on September 4, 2024
| 53L Stock | EUR 12.10 0.10 0.83% |
If you're considering investing in Transcontinental Stock, it is important to understand the factors that can impact its price. As of today, the current price of Transcontinental stands at 12.10, as last reported on the 30th of December, with the highest price reaching 12.10 and the lowest price hitting 12.00 during the day. At this point, Transcontinental is very steady. Transcontinental owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0761, which indicates the firm had a 0.0761% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Transcontinental, which you can use to evaluate the volatility of the company. Please validate Transcontinental's Risk Adjusted Performance of 0.1181, coefficient of variation of 696.95, and Semi Deviation of 0.8059 to confirm if the risk estimate we provide is consistent with the expected return of 0.0937%.
Transcontinental Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Transcontinental |
Sharpe Ratio = 0.0761
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Transcontinental 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 Transcontinental by adding it to a well-diversified portfolio.
Transcontinental Valuation on September 4, 2024
It is possible to determine the worth of Transcontinental on a given historical date. On September 4, 2024 Transcontinental was worth 10.59 at the beginning of the trading date compared to the closed value of 10.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transcontinental stock. Still, in general, we apply an absolute valuation method to find Transcontinental'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 Transcontinental where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transcontinental's related companies.
| Open | High | Low | Close | Volume | |
| 10.78 | 10.78 | 10.78 | 10.78 | 1.00 | |
09/04/2024 | 10.59 | 10.59 | 10.59 | 10.59 | 1.00 |
| 10.69 | 10.69 | 10.69 | 10.69 | 1.00 |
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Transcontinental Trading Date Momentum on September 4, 2024
| On September 05 2024 Transcontinental was traded for 10.69 at the closing time. The highest daily price throughout the period was 10.69 and the lowest price was 10.69 . There was no trading activity during the period 1.0. Lack of trading volume on 09/05/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.94% . The trading price change to current closing price is 0.94% . |
Transcontinental Fundamentals Correlations and Trends
By evaluating Transcontinental'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 Transcontinental's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transcontinental financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transcontinental Stock history
Transcontinental 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 Transcontinental is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transcontinental 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 Transcontinental stock prices may prove useful in developing a viable investing in Transcontinental
Transcontinental Inc. engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand. Transcontinental Inc. was founded in 1976 and is headquartered in Montreal, Canada. TRANSCONTINENTAL operates under Specialty Business Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8000 people.
Transcontinental Stock Technical Analysis
Transcontinental 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
Transcontinental Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Transcontinental cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Transcontinental December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Transcontinental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transcontinental shares will generate the highest return on investment. By undertsting and applying Transcontinental stock market strength indicators, traders can identify Transcontinental entry and exit signals to maximize returns
Transcontinental Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transcontinental's price direction in advance. Along with the technical and fundamental analysis of Transcontinental Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transcontinental 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 | 0.1181 | |||
| Jensen Alpha | 0.1804 | |||
| Total Risk Alpha | 0.1376 | |||
| Sortino Ratio | 0.1181 | |||
| Treynor Ratio | (0.53) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Transcontinental Stock analysis
When running Transcontinental's price analysis, check to measure Transcontinental'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 Transcontinental is operating at the current time. Most of Transcontinental's value examination focuses on studying past and present price action to predict the probability of Transcontinental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcontinental's price. Additionally, you may evaluate how the addition of Transcontinental to your portfolios can decrease your overall portfolio volatility.
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