Tecnoglass Stock Price on November 19, 2024

TGLS Stock  USD 84.02  2.38  2.92%   
Below is the normalized historical share price chart for Tecnoglass extending back to May 10, 2012. 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 Tecnoglass stands at 84.02, as last reported on the 11th of December 2024, with the highest price reaching 84.02 and the lowest price hitting 81.64 during the day.
IPO Date
19th of March 2012
200 Day MA
58.7268
50 Day MA
74.0068
Beta
1.869
 
Yuan Drop
 
Covid
If you're considering investing in Tecnoglass Stock, it is important to understand the factors that can impact its price. Tecnoglass appears to be very steady, given 3 months investment horizon. Tecnoglass owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tecnoglass, which you can use to evaluate the volatility of the company. Please review Tecnoglass' Semi Deviation of 2.11, coefficient of variation of 489.53, and Risk Adjusted Performance of 0.1546 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Tecnoglass' Total Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 22.6 M in 2024, whereas Common Stock Total Equity is likely to drop 3,510 in 2024. . At this time, Tecnoglass' Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 12.47 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 14.86 in 2024. Tecnoglass Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1719

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

Estimated Market Risk

 2.37
  actual daily
21
79% of assets are more volatile

Expected Return

 0.41
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Tecnoglass is performing at about 13% 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 Tecnoglass by adding it to a well-diversified portfolio.
Price Book
6.3791
Enterprise Value Ebitda
16.1072
Price Sales
4.5922
Shares Float
22 M
Dividend Share
0.42

Tecnoglass Main Headline on 19th of November 2024

Tecnoglass Shining Bright With Top-Tier Growth, Fundamentals And Operational Efficiency Seeking Alpha

Tecnoglass Valuation on November 19, 2024

It is possible to determine the worth of Tecnoglass on a given historical date. On November 19, 2024 Tecnoglass was worth 72.95 at the beginning of the trading date compared to the closed value of 75.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tecnoglass stock. Still, in general, we apply an absolute valuation method to find Tecnoglass' 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 Tecnoglass where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tecnoglass' related companies.
 Open High Low Close Volume
  73.04    74.50    72.30    73.85    246,876  
11/19/2024
  72.95    75.28    72.95    75.23    339,921  
  75.29    75.84    74.15    75.35    277,347  
Backtest Tecnoglass  |  Tecnoglass History  |  Tecnoglass Valuation   PreviousNext  
Open Value
72.95
75.23
Closing Value
80.07
Upside

Tecnoglass Trading Date Momentum on November 19, 2024

On November 20 2024 Tecnoglass was traded for  75.35  at the closing time. The top price for the day was 75.84  and the lowest listed price was  74.15 . The trading volume for the day was 277.3 K. The trading history from November 20, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.16% . The trading price change against the current closing price is 7.68% .

Tecnoglass Fundamentals Correlations and Trends

By evaluating Tecnoglass' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tecnoglass' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tecnoglass financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tecnoglass Stock history

Tecnoglass 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 Tecnoglass is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tecnoglass 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 Tecnoglass stock prices may prove useful in developing a viable investing in Tecnoglass
Last ReportedProjected for Next Year
Common Stock Shares Outstanding47.5 M36.9 M
Net Income Applicable To Common Shares179.1 M188.1 M

Tecnoglass Quarterly Net Working Capital

299.51 Million

Tecnoglass Stock Technical Analysis

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

Tecnoglass Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Tecnoglass 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.

Tecnoglass December 11, 2024 Market Strength

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

Tecnoglass Technical and Predictive Indicators

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

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