Tootsie Roll Industries Price on December 4, 2024
| TROLBDelisted Stock | USD 32.50 0.00 0.00% |
If you're considering investing in Tootsie Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Tootsie Roll stands at 32.50, as last reported on the 4th of December, with the highest price reaching 32.50 and the lowest price hitting 32.50 during the day. Tootsie Roll appears to be very steady, given 3 months investment horizon. Tootsie Roll Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Tootsie Roll Industries, which you can use to evaluate the volatility of the company. Please review Tootsie Roll's Risk Adjusted Performance of 0.0978, variance of 1.57, and Coefficient Of Variation of 812.4 to confirm if our risk estimates are consistent with your expectations.
Tootsie Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Tootsie |
Sharpe Ratio = 0.2085
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Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Tootsie Roll is performing at about 16% 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 Tootsie Roll by adding it to a well-diversified portfolio.
Tootsie Roll Valuation on December 4, 2024
It is possible to determine the worth of Tootsie Roll on a given historical date. On December 4, 2024 Tootsie was worth 32.5 at the beginning of the trading date compared to the closed value of 32.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tootsie Roll pink sheet. Still, in general, we apply an absolute valuation method to find Tootsie Roll'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 Tootsie Roll where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tootsie Roll's related companies.
| Open | High | Low | Close | Volume | |
12/04/2024 | 32.50 | 32.50 | 32.50 | 32.50 | 0.00 |
| Backtest Tootsie Roll | | | Tootsie Roll History | | | Tootsie Roll Valuation |
Tootsie Roll Trading Date Momentum on December 4, 2024
Tootsie Roll Industries Fundamentals Correlations and Trends
By evaluating Tootsie Roll'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 Tootsie Roll's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tootsie financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tootsie Roll Pink Sheet history
Tootsie Roll 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 Tootsie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tootsie Roll Industries 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 Tootsie Roll stock prices may prove useful in developing a viable investing in Tootsie Roll
Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. Tootsie Roll Industries, Inc. was founded in 1896 and is based in Chicago, Illinois. Tootsie Roll operates under Confectioners classification in the United States and is traded on OTC Exchange. It employs 2000 people.
Tootsie Roll Pink Sheet Technical Analysis
Tootsie Roll 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
Tootsie Roll Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Tootsie Roll Industries 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.
Tootsie Roll December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Tootsie Roll 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 Tootsie Roll shares will generate the highest return on investment. By undertsting and applying Tootsie Roll pink sheet market strength indicators, traders can identify Tootsie Roll Industries entry and exit signals to maximize returns
Tootsie Roll Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tootsie Roll's price direction in advance. Along with the technical and fundamental analysis of Tootsie Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tootsie 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 | 0.0978 | |||
| Jensen Alpha | 0.128 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.9278 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Tootsie Pink Sheet
If you are still planning to invest in Tootsie Roll Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tootsie Roll's history and understand the potential risks before investing.
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