Thyssenkrupp Ag On Stock Price on September 18, 2023

TYEKF Stock  USD 3.84  0.41  9.65%   
If you're considering investing in Thyssenkrupp Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Thyssenkrupp stands at 3.84, as last reported on the 25th of December, with the highest price reaching 3.84 and the lowest price hitting 3.84 during the day. At this point, Thyssenkrupp is very risky. Thyssenkrupp AG ON owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0249, which indicates the firm had a 0.0249% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Thyssenkrupp AG ON, which you can use to evaluate the volatility of the company. Please validate Thyssenkrupp's Coefficient Of Variation of 1265.46, semi deviation of 3.84, and Risk Adjusted Performance of 0.0715 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
  
Thyssenkrupp Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0249

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskTYEKFHuge Risk
Negative Returns

Estimated Market Risk

 4.94
  actual daily
43
57% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Thyssenkrupp is performing at about 1% 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.

Related Headline

Ryerson Holding Headline on 18th of September 2023

Filed transaction by Ryerson Holding Corp officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Thyssenkrupp Valuation on September 18, 2023

It is possible to determine the worth of Thyssenkrupp on a given historical date. On September 18, 2023 Thyssenkrupp was worth 7.53 at the beginning of the trading date compared to the closed value of 7.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thyssenkrupp pink sheet. 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
09/13/2023
  7.53    7.53    7.53    7.53    101.00  
  7.07    7.07    7.07    7.07    500.00  
Backtest Thyssenkrupp  |  Thyssenkrupp History  |  Thyssenkrupp Valuation Next  
Open Value
7.53
7.53
Closing Value
22.34
Upside

Thyssenkrupp Trading Date Momentum on September 18, 2023

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Thyssenkrupp AG ON 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 Pink Sheet 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 ON 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, 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 the United States and is traded on OTC Exchange. It employs 97152 people.

Thyssenkrupp Pink Sheet Technical Analysis

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

Thyssenkrupp Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thyssenkrupp AG ON 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.

Thyssenkrupp December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Thyssenkrupp 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 Thyssenkrupp shares will generate the highest return on investment. By undertsting and applying Thyssenkrupp pink sheet market strength indicators, traders can identify Thyssenkrupp AG ON 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 Pink Sheet 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.

Complementary Tools for Thyssenkrupp Pink Sheet 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.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Bonds Directory
Find actively traded corporate debentures issued by US companies
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas