Thyssenkrupp (Germany) Price on November 5, 2024
| TKA Stock | EUR 3.88 0.01 0.26% |
If you're considering investing in Thyssenkrupp Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thyssenkrupp stands at 3.88, as last reported on the 25th of December, with the highest price reaching 3.91 and the lowest price hitting 3.87 during the day. Thyssenkrupp appears to be relatively risky, given 3 months investment horizon. thyssenkrupp AG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for thyssenkrupp AG, which you can use to evaluate the volatility of the company. Please review Thyssenkrupp's Semi Deviation of 1.97, risk adjusted performance of 0.1023, and Coefficient Of Variation of 840.34 to confirm if our risk estimates are consistent with your expectations.
Thyssenkrupp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thyssenkrupp |
Sharpe Ratio = 0.1042
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Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Thyssenkrupp is performing at about 8% 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 Thyssenkrupp by adding it to a well-diversified portfolio.
Thyssenkrupp Valuation on November 5, 2024
It is possible to determine the worth of Thyssenkrupp on a given historical date. On November 5, 2024 Thyssenkrupp was worth 3.23 at the beginning of the trading date compared to the closed value of 3.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thyssenkrupp stock. Still, in general, we apply an absolute valuation method to find Thyssenkrupp'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 Thyssenkrupp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thyssenkrupp's related companies.
| Open | High | Low | Close | Volume | |
| 3.14 | 3.27 | 3.13 | 3.23 | 267,510 | |
11/05/2024 | 3.23 | 3.44 | 3.23 | 3.44 | 517,762 |
| 3.39 | 3.42 | 3.27 | 3.29 | 16,162 |
| Backtest Thyssenkrupp | | | Thyssenkrupp History | | | Thyssenkrupp Valuation | Previous | Next |
Thyssenkrupp Trading Date Momentum on November 5, 2024
| On November 06 2024 thyssenkrupp AG was traded for 3.29 at the closing time. The highest daily price throughout the period was 3.42 and the lowest price was 3.27 . The daily volume was 16.2 K. The net trading volume on 11/06/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 4.36% . The trading date delta to current closing price is 5.23% . |
thyssenkrupp AG Fundamentals Correlations and Trends
By evaluating Thyssenkrupp'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 Thyssenkrupp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thyssenkrupp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thyssenkrupp Stock history
Thyssenkrupp 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 Thyssenkrupp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in thyssenkrupp AG 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 Thyssenkrupp stock prices may prove useful in developing a viable investing in Thyssenkrupp
thyssenkrupp AG operates in the areas of automotive technology, industrial components, plant technology, marine systems, steel, and materials services in Germany, the United States, China, and internationally. Its Steel Europe segment provides flat carbon steel products, intelligent material solutions, and finished parts. thyssenkrupp AG was founded in 1811 and is headquartered in Essen, Germany. THYSSENKRUPP operates under Metal Fabrication classification in Germany and is traded on Frankfurt Stock Exchange. It employs 101592 people.
Thyssenkrupp Stock Technical Analysis
Thyssenkrupp 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
Thyssenkrupp Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
thyssenkrupp AG 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.
Thyssenkrupp December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Thyssenkrupp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thyssenkrupp shares will generate the highest return on investment. By undertsting and applying Thyssenkrupp stock market strength indicators, traders can identify thyssenkrupp AG entry and exit signals to maximize returns
Thyssenkrupp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thyssenkrupp's price direction in advance. Along with the technical and fundamental analysis of Thyssenkrupp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thyssenkrupp 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 | 0.1023 | |||
| Jensen Alpha | 0.3348 | |||
| Total Risk Alpha | 0.2029 | |||
| Sortino Ratio | 0.1312 | |||
| Treynor Ratio | (1.19) |
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Complementary Tools for Thyssenkrupp Stock analysis
When running Thyssenkrupp's price analysis, check to measure Thyssenkrupp'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 Thyssenkrupp is operating at the current time. Most of Thyssenkrupp's value examination focuses on studying past and present price action to predict the probability of Thyssenkrupp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thyssenkrupp's price. Additionally, you may evaluate how the addition of Thyssenkrupp to your portfolios can decrease your overall portfolio volatility.
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