Tian Ruixiang Holdings Stock Price History

TIRX Stock  USD 0.49  0.02  3.92%   
If you're considering investing in Tian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tian Ruixiang stands at 0.49, as last reported on the 8th of May, with the highest price reaching 0.51 and the lowest price hitting 0.49 during the day. Tian Ruixiang appears to be out of control, given 3 months investment horizon. Tian Ruixiang Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0188, which indicates the firm had a 0.0188% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tian Ruixiang Holdings, which you can use to evaluate the volatility of the company. Please review Tian Ruixiang's Coefficient Of Variation of 2879.01, semi deviation of 7.0, and Risk Adjusted Performance of 0.0312 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Tian Ruixiang's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to 6,000 in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 221.7 K in 2024. . Price To Sales Ratio is likely to drop to 0.61 in 2024. Price Earnings Ratio is likely to drop to -0.18 in 2024. Tian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0188

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Estimated Market Risk

 12.05
  actual daily
96
96% of assets are less volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Tian Ruixiang 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 Tian Ruixiang by adding it to a well-diversified portfolio.
Price Book
0.0478
Enterprise Value Ebitda
11.7464
Price Sales
1.4589
Shares Float
2.4 M
Earnings Share
(0.89)

Tian Ruixiang Stock Price History Chart

There are several ways to analyze Tian Stock price data. The simplest method is using a basic Tian candlestick price chart, which shows Tian Ruixiang price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 16, 20240.85
Lowest PriceMarch 28, 20240.43

Tian Ruixiang May 8, 2024 Stock Price Synopsis

Various analyses of Tian Ruixiang's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Tian Stock. It can be used to describe the percentage change in the price of Tian Ruixiang from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Tian Stock.
Tian Ruixiang Price Daily Balance Of Power(1.00)
Tian Ruixiang Price Action Indicator(0.02)
Tian Ruixiang Price Rate Of Daily Change 0.96 

Tian Ruixiang May 8, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Tian Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Tian Ruixiang intraday prices and daily technical indicators to check the level of noise trading in Tian Stock and then apply it to test your longer-term investment strategies against Tian.

Tian Stock Price History Data

The price series of Tian Ruixiang for the period between Thu, Feb 8, 2024 and Wed, May 8, 2024 has a statistical range of 0.42 with a coefficient of variation of 14.71. The price distribution for the period has arithmetic mean of 0.54. The median price for the last 90 days is 0.53. The company completed stock split (1:5) on 16th of November 2022.
OpenHighLowCloseVolume
05/08/2024
 0.51  0.51  0.49  0.49 
05/07/2024 0.51  0.51  0.49  0.49  135,551 
05/06/2024 0.51  0.53  0.50  0.51  58,654 
05/03/2024 0.53  0.54  0.50  0.52  186,467 
05/02/2024 0.54  0.55  0.50  0.53  169,316 
05/01/2024 0.55  0.55  0.51  0.52  74,379 
04/30/2024 0.54  0.54  0.51  0.53  72,750 
04/29/2024 0.50  0.56  0.49  0.54  323,227 
04/26/2024 0.47  0.51  0.47  0.50  210,677 
04/25/2024 0.50  0.52  0.47  0.47  337,458 
04/24/2024 0.48  0.53  0.47  0.50  258,005 
04/23/2024 0.60  0.64  0.46  0.51  999,341 
04/22/2024 0.64  0.71  0.61  0.69  611,201 
04/19/2024 0.70  0.75  0.61  0.75  2,161,131 
04/18/2024 1.47  1.48  0.70  0.80  58,642,983 
04/17/2024 0.46  0.49  0.43  0.48  10,928,264 
04/16/2024 0.44  0.47  0.43  0.45  51,525 
04/15/2024 0.50  0.51  0.47  0.47  69,187 
04/12/2024 0.46  0.53  0.46  0.50  56,653 
04/11/2024 0.47  0.50  0.47  0.48  38,247 
04/10/2024 0.49  0.53  0.48  0.53  175,896 
04/09/2024 0.44  0.50  0.44  0.49  184,686 
04/08/2024 0.44  0.47  0.43  0.45  119,526 
04/05/2024 0.45  0.45  0.44  0.45  44,761 
04/04/2024 0.42  0.45  0.41  0.45  52,854 
04/03/2024 0.45  0.45  0.41  0.43  25,669 
04/02/2024 0.45  0.45  0.42  0.45  31,989 
04/01/2024 0.46  0.47  0.41  0.43  31,960 
03/28/2024 0.43  0.47  0.43  0.43  26,645 
03/27/2024 0.43  0.47  0.42  0.46  44,032 
03/26/2024 0.50  0.51  0.40  0.45  259,449 
03/25/2024 0.53  0.53  0.50  0.50  5,726 
03/22/2024 0.52  0.53  0.51  0.51  25,075 
03/21/2024 0.53  0.54  0.51  0.51  15,740 
03/20/2024 0.51  0.53  0.51  0.51  13,292 
03/19/2024 0.51  0.55  0.51  0.51  35,500 
03/18/2024 0.55  0.55  0.51  0.53  34,069 
03/15/2024 0.53  0.55  0.52  0.53  19,596 
03/14/2024 0.54  0.56  0.52  0.52  45,611 
03/13/2024 0.56  0.57  0.53  0.54  37,625 
03/12/2024 0.56  0.60  0.55  0.56  28,138 
03/11/2024 0.56  0.59  0.55  0.56  35,967 
03/08/2024 0.56  0.60  0.54  0.54  84,590 
03/07/2024 0.55  0.58  0.53  0.56  169,860 
03/06/2024 0.54  0.54  0.52  0.53  43,822 
03/05/2024 0.55  0.55  0.51  0.51  80,906 
03/04/2024 0.55  0.57  0.53  0.53  45,297 
03/01/2024 0.55  0.57  0.53  0.53  73,772 
02/29/2024 0.56  0.56  0.54  0.56  56,849 
02/28/2024 0.55  0.59  0.53  0.56  39,231 
02/27/2024 0.55  0.56  0.53  0.55  72,456 
02/26/2024 0.56  0.56  0.54  0.54  70,384 
02/23/2024 0.56  0.59  0.54  0.54  91,100 
02/22/2024 0.58  0.59  0.56  0.59  66,069 
02/21/2024 0.62  0.62  0.57  0.60  182,728 
02/20/2024 0.67  0.73  0.60  0.65  438,657 
02/16/2024 0.69  0.91  0.57  0.85  7,862,957 
02/15/2024 0.59  0.63  0.53  0.60  380,025 
02/14/2024 0.62  0.65  0.53  0.62  2,517,005 
02/13/2024 0.58  0.58  0.53  0.53  26,042 
02/12/2024 0.58  0.58  0.53  0.57  37,859 

About Tian Ruixiang Stock history

Tian Ruixiang 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 Tian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tian Ruixiang Holdings 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 Tian Ruixiang stock prices may prove useful in developing a viable investing in Tian Ruixiang
Last ReportedProjected for Next Year
Common Stock Shares Outstanding233.4 K221.7 K
Net Loss-4.2 M-4 M

Tian Ruixiang Quarterly Net Working Capital

34.46 Million

Tian Ruixiang Stock Technical Analysis

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

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Tian Ruixiang Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tian Ruixiang's price direction in advance. Along with the technical and fundamental analysis of Tian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tian 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.
When determining whether Tian Ruixiang Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tian Ruixiang's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tian Ruixiang Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tian Ruixiang Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tian Ruixiang Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Tian Ruixiang's price analysis, check to measure Tian Ruixiang'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 Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.
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Is Tian Ruixiang's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tian Ruixiang. If investors know Tian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tian Ruixiang listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.89)
Revenue Per Share
0.397
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.05)
Return On Equity
(0.07)
The market value of Tian Ruixiang Holdings is measured differently than its book value, which is the value of Tian that is recorded on the company's balance sheet. Investors also form their own opinion of Tian Ruixiang's value that differs from its market value or its book value, called intrinsic value, which is Tian Ruixiang's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tian Ruixiang's market value can be influenced by many factors that don't directly affect Tian Ruixiang's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tian Ruixiang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tian Ruixiang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tian Ruixiang's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.