Trx Gold Corp Stock Price on October 24, 2023
| TNX Stock | CAD 45.70 0.76 1.69% |
Below is the normalized historical share price chart for TRX Gold Corp extending back to March 01, 1996. 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 TRX Gold stands at 45.70, as last reported on the 22nd of December, with the highest price reaching 45.94 and the lowest price hitting 45.28 during the day.
If you're considering investing in TRX Stock, it is important to understand the factors that can impact its price. TRX Gold appears to be very steady, given 3 months investment horizon. TRX Gold Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TRX Gold Corp, which you can use to evaluate the volatility of the company. Please review TRX Gold's Coefficient Of Variation of 377.98, semi deviation of 0.8134, and Risk Adjusted Performance of 0.2133 to confirm if our risk estimates are consistent with your expectations.
At this time, TRX Gold's Common Stock Shares Outstanding is very stable compared to the past year. As of the 22nd of December 2024, Liabilities And Stockholders Equity is likely to grow to about 101.7 M, while Total Stockholder Equity is likely to drop about 31 M. . At this time, TRX Gold's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 22nd of December 2024, Price To Free Cash Flows Ratio is likely to grow to 72.72, while Price To Sales Ratio is likely to drop 2.62. TRX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.5622 | 50 Day MA 0.5054 | Beta 0.552 |
TRX |
Sharpe Ratio = 0.2528
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average TRX Gold is performing at about 19% 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 TRX Gold by adding it to a well-diversified portfolio.
Price Book 1.7098 | Enterprise Value Ebitda 10.6407 | Price Sales 3.3779 | Shares Float 251.5 M | Wall Street Target Price 1.97 |
TRX Gold Valuation on October 24, 2023
It is possible to determine the worth of TRX Gold on a given historical date. On October 24, 2023 TRX was worth 0.55 at the beginning of the trading date compared to the closed value of 0.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TRX Gold stock. Still, in general, we apply an absolute valuation method to find TRX Gold'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 TRX Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TRX Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.56 | 0.57 | 0.55 | 0.56 | 51,800 | |
10/24/2023 | 0.55 | 0.57 | 0.54 | 0.54 | 15,000 |
| 0.56 | 0.56 | 0.56 | 0.56 | 9,500 |
| Backtest TRX Gold | | | TRX Gold History | | | TRX Gold Valuation | Previous | Next |
TRX Gold Trading Date Momentum on October 24, 2023
| On October 25 2023 TRX Gold Corp was traded for 0.56 at the closing time. The maximum traded price for the trading interval was 0.56 and the lowest daily price was 0.56 . The daily volume was recorded at 9.5 K. The volume of trading on 25th of October 2023 played a part in the next trading day price boost. The trading price change to the next closing price was 3.70% . The trading price change to the closing price today is 0.00% . |
TRX Gold Corp Fundamentals Correlations and Trends
By evaluating TRX Gold'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 TRX Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TRX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TRX Gold Stock history
TRX Gold 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 TRX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TRX Gold Corp 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 TRX Gold stock prices may prove useful in developing a viable investing in TRX Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 331.8 M | 348.4 M | |
| Net Loss | -5.6 M | -5.9 M |
TRX Gold Stock Technical Analysis
TRX Gold 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
TRX Gold Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
TRX Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
TRX Gold December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how TRX Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TRX Gold shares will generate the highest return on investment. By undertsting and applying TRX Gold stock market strength indicators, traders can identify TRX Gold Corp entry and exit signals to maximize returns
TRX Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TRX Gold's price direction in advance. Along with the technical and fundamental analysis of TRX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TRX 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 | 0.2133 | |||
| Jensen Alpha | 0.328 | |||
| Total Risk Alpha | 0.2891 | |||
| Sortino Ratio | 0.2673 | |||
| Treynor Ratio | (2.08) |
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Other Information on Investing in TRX Stock
TRX Gold financial ratios help investors to determine whether TRX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TRX with respect to the benefits of owning TRX Gold security.