Tenaris SA (Germany) Price on November 27, 2024
| TW1 Stock | EUR 35.40 0.60 1.67% |
If you're considering investing in Tenaris Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tenaris SA stands at 35.40, as last reported on the 19th of December, with the highest price reaching 36.20 and the lowest price hitting 35.40 during the day. Tenaris SA appears to be very steady, given 3 months investment horizon. Tenaris SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. By inspecting Tenaris SA's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Tenaris SA's Coefficient Of Variation of 361.16, risk adjusted performance of 0.2256, and Semi Deviation of 0.9377 to confirm if our risk estimates are consistent with your expectations.
Tenaris Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tenaris |
Sharpe Ratio = 0.2747
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Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Tenaris SA is performing at about 21% 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 Tenaris SA by adding it to a well-diversified portfolio.
Tenaris SA Valuation on November 27, 2024
It is possible to determine the worth of Tenaris SA on a given historical date. On November 27, 2024 Tenaris was worth 35.6 at the beginning of the trading date compared to the closed value of 36.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tenaris SA stock. Still, in general, we apply an absolute valuation method to find Tenaris SA'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 Tenaris SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tenaris SA's related companies.
| Open | High | Low | Close | Volume | |
| 35.60 | 35.80 | 35.60 | 35.80 | 1.00 | |
11/27/2024 | 35.60 | 36.00 | 35.60 | 36.00 | 1.00 |
| 35.80 | 35.80 | 35.40 | 35.40 | 1.00 |
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Tenaris SA Trading Date Momentum on November 27, 2024
| On November 28 2024 Tenaris SA was traded for 35.40 at the closing time. The highest daily price throughout the period was 35.80 and the lowest price was 35.40 . There was no trading activity during the period 1.0. Lack of trading volume on 11/28/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.67% . The trading price change to current closing price is 1.11% . |
Tenaris SA Fundamentals Correlations and Trends
By evaluating Tenaris SA'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 Tenaris SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tenaris financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tenaris SA Stock history
Tenaris SA 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 Tenaris is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tenaris SA 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 Tenaris SA stock prices may prove useful in developing a viable investing in Tenaris SA
Tenaris S.A., through its subsidiaries, produces and sells seamless and welded steel tubular products and provides related services for the oil and gas industry, and other industrial applications. Tenaris S.A. was founded in 2001 and is headquartered in Luxembourg City, Luxembourg. TENARIS S operates under Oil Gas Equipment Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 23472 people.
Tenaris SA Stock Technical Analysis
Tenaris SA 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
Tenaris SA Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Tenaris SA cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Tenaris SA December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Tenaris SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tenaris SA shares will generate the highest return on investment. By undertsting and applying Tenaris SA stock market strength indicators, traders can identify Tenaris SA entry and exit signals to maximize returns
Tenaris SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tenaris SA's price direction in advance. Along with the technical and fundamental analysis of Tenaris Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tenaris 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 | 0.2256 | |||
| Jensen Alpha | 0.4775 | |||
| Total Risk Alpha | 0.4428 | |||
| Sortino Ratio | 0.2978 | |||
| Treynor Ratio | 1.12 |
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| Volume Indicators |
Complementary Tools for Tenaris Stock analysis
When running Tenaris SA's price analysis, check to measure Tenaris SA'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 Tenaris SA is operating at the current time. Most of Tenaris SA's value examination focuses on studying past and present price action to predict the probability of Tenaris SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaris SA's price. Additionally, you may evaluate how the addition of Tenaris SA to your portfolios can decrease your overall portfolio volatility.
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