Tangiamo Touch (Sweden) Price on December 16, 2024

TANGI Stock  SEK 1.72  0.13  7.03%   
If you're considering investing in Tangiamo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tangiamo Touch stands at 1.72, as last reported on the 16th of December 2024, with the highest price reaching 1.85 and the lowest price hitting 1.69 during the day. Tangiamo Touch Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0066, which indicates the firm had a -0.0066% return per unit of risk over the last 3 months. Tangiamo Touch Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tangiamo Touch's Coefficient Of Variation of (7,166), variance of 222.34, and Risk Adjusted Performance of (0.0006) to confirm the risk estimate we provide.
  
Tangiamo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0066

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Estimated Market Risk

 15.0
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tangiamo Touch 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 Tangiamo Touch by adding Tangiamo Touch to a well-diversified portfolio.

Tangiamo Touch Valuation on December 16, 2024

It is possible to determine the worth of Tangiamo Touch on a given historical date. On December 16, 2024 Tangiamo was worth 1.85 at the beginning of the trading date compared to the closed value of 1.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tangiamo Touch stock. Still, in general, we apply an absolute valuation method to find Tangiamo Touch'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 Tangiamo Touch where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tangiamo Touch's related companies.
 Open High Low Close Volume
  1.85    1.85    1.69    1.72    108,100  
12/16/2024
  1.85    1.85    1.69    1.72    0.00  
Backtest Tangiamo Touch  |  Tangiamo Touch History  |  Tangiamo Touch Valuation   Previous
Open Value
1.85
1.72
Closing Value
46.85
Upside

Tangiamo Touch Trading Date Momentum on December 16, 2024

On December 16 2024 Tangiamo Touch Technology was traded for  1.72  at the closing time. The highest price during the trading period was 1.85  and the lowest recorded bid was listed for  1.69 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 did not result in any price rise and fall. The trading price change to the current price is 7.56% .

Tangiamo Touch Technology Fundamentals Correlations and Trends

By evaluating Tangiamo Touch'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 Tangiamo Touch's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tangiamo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tangiamo Touch Stock history

Tangiamo Touch 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 Tangiamo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tangiamo Touch Technology 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 Tangiamo Touch stock prices may prove useful in developing a viable investing in Tangiamo Touch
Tangiamo Touch Technology AB designs, develops, manufactures, and sells multi-player gaming systems for casinos and electronic arcades worldwide. Tangiamo Touch Technology AB was founded in 2004 and is based in Gothenburg, Sweden. Tangiamo Touch is traded on Stockholm Stock Exchange in Sweden.

Tangiamo Touch Stock Technical Analysis

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

Price Boundaries

Tangiamo Touch Period Price Range

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December 16, 2024
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Tangiamo Touch Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

Tangiamo Touch December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Tangiamo Touch stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tangiamo Touch shares will generate the highest return on investment. By undertsting and applying Tangiamo Touch stock market strength indicators, traders can identify Tangiamo Touch Technology entry and exit signals to maximize returns

Tangiamo Touch Technical and Predictive Indicators

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

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