TOREX SEMICONDUCTOR (Germany) Price on May 31, 2024
8KH Stock | 7.85 0.25 3.09% |
If you're considering investing in TOREX Stock, it is important to understand the factors that can impact its price. As of today, the current price of TOREX SEMICONDUCTOR stands at 7.85, as last reported on the 1st of December, with the highest price reaching 7.85 and the lowest price hitting 7.85 during the day. TOREX SEMICONDUCTOR LTD owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of standard deviation over the last 3 months. TOREX SEMICONDUCTOR LTD exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TOREX SEMICONDUCTOR's risk adjusted performance of (0.13), and Variance of 3.58 to confirm the risk estimate we provide.
TOREX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TOREX |
Sharpe Ratio = -0.184
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Estimated Market Risk
1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TOREX SEMICONDUCTOR 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 TOREX SEMICONDUCTOR by adding TOREX SEMICONDUCTOR to a well-diversified portfolio.
TOREX SEMICONDUCTOR Valuation on May 31, 2024
It is possible to determine the worth of TOREX SEMICONDUCTOR on a given historical date. On May 31, 2024 TOREX was worth 10.8 at the beginning of the trading date compared to the closed value of 10.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TOREX SEMICONDUCTOR stock. Still, in general, we apply an absolute valuation method to find TOREX SEMICONDUCTOR'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 TOREX SEMICONDUCTOR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TOREX SEMICONDUCTOR's related companies.
Open | High | Low | Close | Volume | |
10.30 | 10.30 | 10.30 | 10.30 | 150.00 | |
05/31/2024 | 10.80 | 10.80 | 10.80 | 10.80 | 150.00 |
10.80 | 10.80 | 10.80 | 10.80 | 150.00 |
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TOREX SEMICONDUCTOR Trading Date Momentum on May 31, 2024
On June 03 2024 TOREX SEMICONDUCTOR LTD was traded for 10.80 at the closing time. The highest daily price throughout the period was 10.80 and the lowest price was 10.80 . The daily volume was 150. The net trading volume on 06/03/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
TOREX SEMICONDUCTOR LTD Fundamentals Correlations and Trends
By evaluating TOREX SEMICONDUCTOR'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 TOREX SEMICONDUCTOR's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TOREX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TOREX SEMICONDUCTOR Stock history
TOREX SEMICONDUCTOR 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 TOREX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TOREX SEMICONDUCTOR LTD 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 TOREX SEMICONDUCTOR stock prices may prove useful in developing a viable investing in TOREX SEMICONDUCTOR
TOREX SEMICONDUCTOR Stock Technical Analysis
TOREX SEMICONDUCTOR 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
TOREX SEMICONDUCTOR Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
TOREX SEMICONDUCTOR LTD 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.
TOREX SEMICONDUCTOR December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how TOREX SEMICONDUCTOR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TOREX SEMICONDUCTOR shares will generate the highest return on investment. By undertsting and applying TOREX SEMICONDUCTOR stock market strength indicators, traders can identify TOREX SEMICONDUCTOR LTD entry and exit signals to maximize returns
TOREX SEMICONDUCTOR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TOREX SEMICONDUCTOR's price direction in advance. Along with the technical and fundamental analysis of TOREX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TOREX 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 | (0.13) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (0.67) | |||
Treynor Ratio | (0.37) |
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Volume Indicators |
Complementary Tools for TOREX Stock analysis
When running TOREX SEMICONDUCTOR's price analysis, check to measure TOREX SEMICONDUCTOR'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 TOREX SEMICONDUCTOR is operating at the current time. Most of TOREX SEMICONDUCTOR's value examination focuses on studying past and present price action to predict the probability of TOREX SEMICONDUCTOR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOREX SEMICONDUCTOR's price. Additionally, you may evaluate how the addition of TOREX SEMICONDUCTOR to your portfolios can decrease your overall portfolio volatility.
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