Tay Ninh (Vietnam) Price on August 23, 2024

TRC Stock   51,400  1,200  2.28%   
If you're considering investing in Tay Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tay Ninh stands at 51,400, as last reported on the 23rd of December, with the highest price reaching 52,600 and the lowest price hitting 51,400 during the day. Tay Ninh appears to be very steady, given 3 months investment horizon. Tay Ninh Rubber owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tay Ninh Rubber, which you can use to evaluate the volatility of the company. Please review Tay Ninh's Semi Deviation of 1.2, coefficient of variation of 512.95, and Risk Adjusted Performance of 0.1607 to confirm if our risk estimates are consistent with your expectations.
  
Tay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.195

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Estimated Market Risk

 2.08
  actual daily
18
82% of assets are more volatile

Expected Return

 0.41
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Tay Ninh is performing at about 15% 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 Tay Ninh by adding it to a well-diversified portfolio.

Tay Ninh Valuation on August 23, 2024

It is possible to determine the worth of Tay Ninh on a given historical date. On August 23, 2024 Tay was worth 37633.75 at the beginning of the trading date compared to the closed value of 37633.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tay Ninh stock. Still, in general, we apply an absolute valuation method to find Tay Ninh'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 Tay Ninh where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tay Ninh's related companies.
 Open High Low Close Volume
  37,634    37,634    37,634    37,634    21,900  
08/23/2024
  37,634    37,634    37,634    37,634    9,600  
  38,807    38,807    37,634    37,634    3,000  
Backtest Tay Ninh  |  Tay Ninh History  |  Tay Ninh Valuation   PreviousNext  
Open Value
37633.75
37,628
Downside
37633.75
Closing Value
37,640
Upside

Tay Ninh Trading Date Momentum on August 23, 2024

On August 26 2024 Tay Ninh Rubber was traded for  37,634  at the closing time. The maximum traded price for the trading interval was 38,807  and the lowest daily price was  37,634 . The daily volume was recorded at 3 K. The volume of trading on 26th of August 2024 did not result in any price rise and fall. The trading price change to the closing price today is 8.81% .

About Tay Ninh Stock history

Tay Ninh 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 Tay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tay Ninh Rubber 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 Tay Ninh stock prices may prove useful in developing a viable investing in Tay Ninh

Tay Ninh Stock Technical Analysis

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

Tay Ninh Period Price Range

Low
December 23, 2024
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High

 0.00 

     

 0.00 

Tay Ninh Rubber cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.

Tay Ninh December 23, 2024 Market Strength

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

Tay Ninh Technical and Predictive Indicators

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

Other Information on Investing in Tay Stock

Tay Ninh financial ratios help investors to determine whether Tay 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 Tay with respect to the benefits of owning Tay Ninh security.