Tmx Group Limited Stock Price on November 14, 2023
TMXXF Stock | USD 30.74 0.04 0.13% |
If you're considering investing in TMX Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of TMX Group stands at 30.74, as last reported on the 29th of December, with the highest price reaching 30.74 and the lowest price hitting 30.74 during the day. TMX Group Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0142, which indicates the firm had a -0.0142% return per unit of risk over the last 3 months. TMX Group Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TMX Group's Risk Adjusted Performance of (0.04), variance of 0.9968, and Coefficient Of Variation of (1,727) to confirm the risk estimate we provide.
TMX Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
TMX |
Sharpe Ratio = -0.0142
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Estimated Market Risk
0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.01 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 TMX Group 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 TMX Group by adding TMX Group to a well-diversified portfolio.
TMX Group Valuation on November 14, 2023
It is possible to determine the worth of TMX Group on a given historical date. On November 14, 2023 TMX was worth 20.89 at the beginning of the trading date compared to the closed value of 20.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TMX Group pink sheet. Still, in general, we apply an absolute valuation method to find TMX Group'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 TMX Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TMX Group's related companies.
Open | High | Low | Close | Volume | |
20.57 | 20.69 | 20.54 | 20.54 | 239,671 | |
11/14/2023 | 20.89 | 20.94 | 20.88 | 20.88 | 668.00 |
20.96 | 20.96 | 20.86 | 20.87 | 2,614 |
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TMX Group Trading Date Momentum on November 14, 2023
On November 15 2023 TMX Group Limited was traded for 20.87 at the closing time. The highest daily price throughout the period was 20.96 and the lowest price was 20.86 . The daily volume was 2.6 K. The net trading volume on 11/15/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.05% . The trading price change to current closing price is 1.58% . |
TMX Group Limited Fundamentals Correlations and Trends
By evaluating TMX Group'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 TMX Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TMX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TMX Group Pink Sheet history
TMX Group 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 TMX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TMX Group Limited 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 TMX Group stock prices may prove useful in developing a viable investing in TMX Group
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada. Tmx operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange. It employs 1576 people.
TMX Group Pink Sheet Technical Analysis
TMX Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
TMX Group Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
TMX Group Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
TMX Group December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how TMX Group pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TMX Group shares will generate the highest return on investment. By undertsting and applying TMX Group pink sheet market strength indicators, traders can identify TMX Group Limited entry and exit signals to maximize returns
TMX Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TMX Group's price direction in advance. Along with the technical and fundamental analysis of TMX Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of TMX 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 | (0.04) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.1) | |||
Treynor Ratio | (0.15) |
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Volume Indicators |
Complementary Tools for TMX Pink Sheet analysis
When running TMX Group's price analysis, check to measure TMX Group'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 TMX Group is operating at the current time. Most of TMX Group's value examination focuses on studying past and present price action to predict the probability of TMX Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TMX Group's price. Additionally, you may evaluate how the addition of TMX Group to your portfolios can decrease your overall portfolio volatility.
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