Torm Plc Class Stock Price on April 24, 2024
| TRMD Stock | USD 35.16 1.20 3.53% |
Below is the normalized historical share price chart for Torm PLC Class extending back to February 23, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Torm PLC stands at 35.16, as last reported on the 18th of June 2024, with the highest price reaching 35.28 and the lowest price hitting 34.77 during the day.
If you're considering investing in Torm Stock, it is important to understand the factors that can impact its price. Torm PLC appears to be very steady, given 3 months investment horizon. Torm PLC Class owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Torm PLC Class, which you can use to evaluate the volatility of the company. Please review Torm PLC's Risk Adjusted Performance of 0.0677, semi deviation of 1.8, and Coefficient Of Variation of 1129.4 to confirm if our risk estimates are consistent with your expectations.
At present, Torm PLC's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 23.6 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 2 B. . At present, Torm PLC's Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.33, whereas Price To Free Cash Flows Ratio is forecasted to decline to 6.14. Torm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of February 2018 | 200 Day MA 32.1879 | 50 Day MA 35.6082 | Beta (0.1) |
Torm |
Sharpe Ratio = 0.1114
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Torm PLC is performing at about 8% 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 Torm PLC by adding it to a well-diversified portfolio.
Price Book 1.9821 | Enterprise Value Ebitda 4.8203 | Price Sales 2.208 | Shares Float 48.7 M | Dividend Share 5.82 |
Torm PLC Main Headline on 24th of April 2024
Torm PLC Class dividend paid on 24th of April 2024 |
Torm PLC Valuation on April 24, 2024
It is possible to determine the worth of Torm PLC on a given historical date. On April 24, 2024 Torm was worth 32.27 at the beginning of the trading date compared to the closed value of 32.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Torm PLC stock. Still, in general, we apply an absolute valuation method to find Torm PLC'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 Torm PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Torm PLC's related companies.
| Open | High | Low | Close | Volume | |
| 31.28 | 32.25 | 31.28 | 32.04 | 513,100 | |
04/24/2024 | 32.27 | 32.62 | 31.91 | 32.06 | 495,200 |
| 32.15 | 32.85 | 32.15 | 32.69 | 677,200 |
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Torm PLC Trading Date Momentum on April 24, 2024
| On April 25 2024 Torm PLC Class was traded for 32.69 at the closing time. The top price for the day was 32.85 and the lowest listed price was 32.15 . The trading volume for the day was 677.2 K. The trading history from April 25, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.97% . The trading price change against the current closing price is 5.24% . |
Torm PLC Class Fundamentals Correlations and Trends
By evaluating Torm PLC'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 Torm PLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Torm financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Torm PLC Stock history
Torm PLC 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 Torm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Torm PLC Class 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 Torm PLC stock prices may prove useful in developing a viable investing in Torm PLC
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 86.7 M | 61.5 M | |
| Net Income Applicable To Common Shares | 647.2 M | 679.5 M |
Torm PLC Stock Technical Analysis
Torm PLC 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
Torm PLC Period Price Range
Low | April 24, 2024
| High |
32.27 | 32.06 |
Torm PLC June 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Torm PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Torm PLC shares will generate the highest return on investment. By undertsting and applying Torm PLC stock market strength indicators, traders can identify Torm PLC Class entry and exit signals to maximize returns
Torm PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Torm PLC's price direction in advance. Along with the technical and fundamental analysis of Torm Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Torm 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 | 0.0677 | |||
| Jensen Alpha | 0.1334 | |||
| Total Risk Alpha | 0.0751 | |||
| Sortino Ratio | 0.0645 | |||
| Treynor Ratio | 0.2116 |
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Complementary Tools for Torm Stock analysis
When running Torm PLC's price analysis, check to measure Torm PLC'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 Torm PLC is operating at the current time. Most of Torm PLC's value examination focuses on studying past and present price action to predict the probability of Torm PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torm PLC's price. Additionally, you may evaluate how the addition of Torm PLC to your portfolios can decrease your overall portfolio volatility.
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