Tecnicas Reunidas (Spain) Price on April 26, 2024
| TRE Stock | EUR 10.73 0.17 1.61% |
If you're considering investing in Tecnicas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tecnicas Reunidas stands at 10.73, as last reported on the 18th of May 2024, with the highest price reaching 10.77 and the lowest price hitting 10.55 during the day. Tecnicas Reunidas appears to be somewhat reliable, given 3 months investment horizon. Tecnicas Reunidas owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. By inspecting Tecnicas Reunidas' technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please review Tecnicas Reunidas' Coefficient Of Variation of 438.6, semi deviation of 1.7, and Risk Adjusted Performance of 0.1411 to confirm if our risk estimates are consistent with your expectations.
Tecnicas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tecnicas |
Sharpe Ratio = 0.2406
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Tecnicas Reunidas is performing at about 18% 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 Tecnicas Reunidas by adding it to a well-diversified portfolio.
Tecnicas Reunidas Valuation on April 26, 2024
It is possible to determine the worth of Tecnicas Reunidas on a given historical date. On April 26, 2024 Tecnicas was worth 9.16 at the beginning of the trading date compared to the closed value of 9.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tecnicas Reunidas stock. Still, in general, we apply an absolute valuation method to find Tecnicas Reunidas' 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 Tecnicas Reunidas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tecnicas Reunidas' related companies.
| Open | High | Low | Close | Volume | |
| 9.30 | 9.33 | 8.94 | 9.06 | 191,691 | |
04/26/2024 | 9.16 | 9.34 | 9.10 | 9.23 | 176,154 |
| 9.25 | 9.54 | 9.20 | 9.54 | 196,712 |
| Backtest Tecnicas Reunidas | | | Tecnicas Reunidas History | | | Tecnicas Reunidas Valuation | Previous | Next |
Tecnicas Reunidas Trading Date Momentum on April 26, 2024
| On April 29 2024 Tecnicas Reunidas was traded for 9.54 at the closing time. The maximum traded price for the trading interval was 9.54 and the lowest daily price was 9.20 . The daily volume was recorded at 196.7 K. The volume of trading on 29th of April 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 3.36% . The trading price change to the closing price today is 0.11% . |
Tecnicas Reunidas Fundamentals Correlations and Trends
By evaluating Tecnicas Reunidas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tecnicas Reunidas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tecnicas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tecnicas Reunidas Stock history
Tecnicas Reunidas 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 Tecnicas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tecnicas Reunidas 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 Tecnicas Reunidas stock prices may prove useful in developing a viable investing in Tecnicas Reunidas
Tcnicas Reunidas, S.A., an engineering and construction company, engages in the design and management of industrial plant projects worldwide. Tcnicas Reunidas, S.A. was founded in 1960 and is headquartered in Madrid, Spain. TECNICAS REUNIDAS operates under Engineering Construction classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 8971 people.
Tecnicas Reunidas Stock Technical Analysis
Tecnicas Reunidas 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
Tecnicas Reunidas Period Price Range
Low | April 26, 2024
| High |
9.16 | 9.23 |
Tecnicas Reunidas May 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Tecnicas Reunidas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tecnicas Reunidas shares will generate the highest return on investment. By undertsting and applying Tecnicas Reunidas stock market strength indicators, traders can identify Tecnicas Reunidas entry and exit signals to maximize returns
Tecnicas Reunidas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tecnicas Reunidas' price direction in advance. Along with the technical and fundamental analysis of Tecnicas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tecnicas 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 | 0.1411 | |||
| Jensen Alpha | 0.561 | |||
| Total Risk Alpha | 0.1661 | |||
| Sortino Ratio | 0.2075 | |||
| Treynor Ratio | (1.22) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tecnicas Reunidas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Tecnicas Reunidas information on this page should be used as a complementary analysis to other Tecnicas Reunidas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Tecnicas Stock analysis
When running Tecnicas Reunidas' price analysis, check to measure Tecnicas Reunidas' 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 Tecnicas Reunidas is operating at the current time. Most of Tecnicas Reunidas' value examination focuses on studying past and present price action to predict the probability of Tecnicas Reunidas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecnicas Reunidas' price. Additionally, you may evaluate how the addition of Tecnicas Reunidas to your portfolios can decrease your overall portfolio volatility.
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