T2 Metals Corp Stock Price on July 18, 2024
| TWO Stock | 0.38 0.01 2.56% |
If you're considering investing in TWO Stock, it is important to understand the factors that can impact its price. As of today, the current price of T2 Metals stands at 0.38, as last reported on the 18th of October 2024, with the highest price reaching 0.39 and the lowest price hitting 0.38 during the day. T2 Metals appears to be out of control, given 3 months investment horizon. T2 Metals Corp retains Efficiency (Sharpe Ratio) of 0.0509, which indicates the company had a 0.0509% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for T2 Metals, which you can use to evaluate the volatility of the entity. Please review T2 Metals' standard deviation of 5.05, and Market Risk Adjusted Performance of (0.76) to confirm if our risk estimates are consistent with your expectations.
TWO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TWO |
Sharpe Ratio = 0.0509
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Estimated Market Risk
| 5.05 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average T2 Metals is performing at about 4% 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 T2 Metals by adding it to a well-diversified portfolio.
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T2 Metals Valuation on July 18, 2024
It is possible to determine the worth of T2 Metals on a given historical date. On July 18, 2024 TWO was worth 0.36 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of T2 Metals stock. Still, in general, we apply an absolute valuation method to find T2 Metals' 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 T2 Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against T2 Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.36 | 0.36 | 0.36 | 0.36 | 2,003 | |
07/18/2024 | 0.36 | 0.36 | 0.36 | 0.36 | 13,500 |
| 0.35 | 0.35 | 0.35 | 0.35 | 1,500 |
| Backtest T2 Metals | | | T2 Metals History | | | T2 Metals Valuation | Previous | Next |
T2 Metals Trading Date Momentum on July 18, 2024
| On July 19 2024 T2 Metals Corp was traded for 0.35 at the closing time. The highest daily price throughout the period was 0.35 and the lowest price was 0.35 . The daily volume was 1.5 K. The net trading volume on 07/19/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.78% . The trading price change to current closing price is 19.44% . |
T2 Metals Corp Fundamentals Correlations and Trends
By evaluating T2 Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among T2 Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TWO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About T2 Metals Stock history
T2 Metals 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 TWO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in T2 Metals Corp 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 T2 Metals stock prices may prove useful in developing a viable investing in T2 Metals
T2 Metals Stock Technical Analysis
T2 Metals 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
T2 Metals Period Price Range
Low | October 18, 2024
| High |
0.00 | 0.00 |
T2 Metals Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
T2 Metals October 18, 2024 Market Strength
Market strength indicators help investors to evaluate how T2 Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading T2 Metals shares will generate the highest return on investment. By undertsting and applying T2 Metals stock market strength indicators, traders can identify T2 Metals Corp entry and exit signals to maximize returns
T2 Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for T2 Metals' price direction in advance. Along with the technical and fundamental analysis of TWO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TWO 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 | 0.0494 | |||
| Jensen Alpha | 0.268 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0269 | |||
| Treynor Ratio | (0.77) |
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Additional Tools for TWO Stock Analysis
When running T2 Metals' price analysis, check to measure T2 Metals' 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 T2 Metals is operating at the current time. Most of T2 Metals' value examination focuses on studying past and present price action to predict the probability of T2 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T2 Metals' price. Additionally, you may evaluate how the addition of T2 Metals to your portfolios can decrease your overall portfolio volatility.