Tredegar Stock Price on December 18, 2024
TG Stock | USD 7.71 0.01 0.13% |
Below is the normalized historical share price chart for Tredegar extending back to July 05, 1989. 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 Tredegar stands at 7.71, as last reported on the 20th of December, with the highest price reaching 8.15 and the lowest price hitting 7.65 during the day.
If you're considering investing in Tredegar Stock, it is important to understand the factors that can impact its price. Tredegar appears to be somewhat reliable, given 3 months investment horizon. Tredegar owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0559, which indicates the firm had a 0.0559% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tredegar, which you can use to evaluate the volatility of the company. Please review Tredegar's Semi Deviation of 3.91, risk adjusted performance of 0.0528, and Coefficient Of Variation of 1759.62 to confirm if our risk estimates are consistent with your expectations.
The Tredegar's current Liabilities And Stockholders Equity is estimated to increase to about 660.8 M, while Total Stockholder Equity is projected to decrease to roughly 147.9 M. . At this time, Tredegar's Price To Book Ratio is most likely to increase slightly in the upcoming years. The Tredegar's current Price Cash Flow Ratio is estimated to increase to 8.59, while Price Earnings Ratio is projected to decrease to (1.83). Tredegar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of June 1989 | 200 Day MA 5.9747 | 50 Day MA 7.3934 | Beta 0.842 |
Tredegar |
Sharpe Ratio = 0.0559
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | TG | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
3.62 actual daily | 32 68% of assets are more volatile |
Expected Return
0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Tredegar is performing at about 4% 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 Tredegar by adding it to a well-diversified portfolio.
Price Book 1.6684 | Enterprise Value Ebitda 5.806 | Price Sales 0.368 | Shares Float 25.7 M | Wall Street Target Price 17 |
Tredegar Main Headline on 18th of December 2024
Filed transaction by Tredegar Director. Grant, award or other acquisition pursuant to Rule 16b-3
Tredegar Valuation on December 18, 2024
It is possible to determine the worth of Tredegar on a given historical date. On December 18, 2024 Tredegar was worth 8.03 at the beginning of the trading date compared to the closed value of 7.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tredegar stock. Still, in general, we apply an absolute valuation method to find Tredegar'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 Tredegar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tredegar's related companies.
Open | High | Low | Close | Volume | |
8.04 | 8.16 | 7.84 | 8.02 | 120,898 | |
12/18/2024 | 8.03 | 8.18 | 7.59 | 7.61 | 134,425 |
7.71 | 8.00 | 7.47 | 7.72 | 127,693 |
Backtest Tredegar | | | Tredegar History | | | Tredegar Valuation | Previous | Next |
Tredegar Trading Date Momentum on December 18, 2024
On December 19 2024 Tredegar was traded for 7.72 at the closing time. The highest price during the trading period was 8.00 and the lowest recorded bid was listed for 7.47 . The volume for the day was 127.7 K. This history from December 19, 2024 contributed to the next trading day price rise. The trading price change to the next closing price was 1.45% . The trading price change to the current price is 0.53% . |
Tredegar Fundamentals Correlations and Trends
By evaluating Tredegar'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 Tredegar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tredegar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tredegar Stock history
Tredegar 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 Tredegar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tredegar 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 Tredegar stock prices may prove useful in developing a viable investing in Tredegar
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 34.1 M | 30.6 M | |
Net Income Applicable To Common Shares | 25.6 M | 19.8 M |
Tredegar Stock Technical Analysis
Tredegar 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
Tredegar Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Tredegar cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Tredegar December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Tredegar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tredegar shares will generate the highest return on investment. By undertsting and applying Tredegar stock market strength indicators, traders can identify Tredegar entry and exit signals to maximize returns
Tredegar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tredegar's price direction in advance. Along with the technical and fundamental analysis of Tredegar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tredegar 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 | 0.0528 | |||
Jensen Alpha | 0.1627 | |||
Total Risk Alpha | 0.0926 | |||
Sortino Ratio | 0.0391 | |||
Treynor Ratio | 0.144 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Tredegar Stock analysis
When running Tredegar's price analysis, check to measure Tredegar'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 Tredegar is operating at the current time. Most of Tredegar's value examination focuses on studying past and present price action to predict the probability of Tredegar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tredegar's price. Additionally, you may evaluate how the addition of Tredegar to your portfolios can decrease your overall portfolio volatility.
Stocks Directory Find actively traded stocks across global markets | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories |