DermTech Price on January 2, 2024

DMTKDelisted Stock  USD 0.04  0.02  71.36%   
If you're considering investing in DermTech Stock, it is important to understand the factors that can impact its price. As of today, the current price of DermTech stands at 0.04, as last reported on the 9th of January, with the highest price reaching 0.04 and the lowest price hitting 0.02 during the day. We have found twenty-nine technical indicators for DermTech, which you can use to evaluate the volatility of the firm. Please confirm DermTech's Downside Deviation of 21.92, mean deviation of 13.43, and Coefficient Of Variation of 10681.21 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
  
DermTech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average DermTech is not performing at its full potential. However, 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 DermTech by adding DermTech to a well-diversified portfolio.

DermTech Valuation on January 2, 2024

It is possible to determine the worth of DermTech on a given historical date. On January 2, 2024 DermTech was worth 1.77 at the beginning of the trading date compared to the closed value of 1.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DermTech stock. Still, in general, we apply an absolute valuation method to find DermTech'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 DermTech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DermTech's related companies.
 Open High Low Close Volume
  1.73    1.88    1.70    1.75    538,300  
01/02/2024
  1.77    1.78    1.62    1.66    329,400  
  1.70    1.70    1.50    1.53    454,600  
Backtest DermTech  |  DermTech History  |  DermTech Valuation   PreviousNext  
Open Value
1.77
1.66
Closing Value
1.77
Upside

DermTech Trading Date Momentum on January 2, 2024

On January 03 2024 DermTech was traded for  1.53  at the closing time. The top price for the day was 1.70  and the lowest listed price was  1.50 . The trading volume for the day was 454.6 K. The trading history from January 3, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 7.83% . The overall trading delta against the current closing price is 12.05% .

DermTech Fundamentals Correlations and Trends

By evaluating DermTech'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 DermTech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DermTech financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About DermTech Stock history

DermTech 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 DermTech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DermTech 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 DermTech stock prices may prove useful in developing a viable investing in DermTech
DermTech, Inc., a molecular diagnostic company, develops and markets novel non-invasive genomics tests to diagnosis skin cancer, inflammatory diseases, and aging-related conditions in the United States. The company sells its products primarily to pathology and oncology practitioners. Dermtech operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 255 people.

DermTech Stock Technical Analysis

DermTech 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, delisted stock market cycles, or different charting patterns.
A focus of DermTech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DermTech 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...

Price Boundaries

DermTech Period Price Range

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DermTech cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

DermTech January 9, 2025 Market Strength

Market strength indicators help investors to evaluate how DermTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DermTech shares will generate the highest return on investment. By undertsting and applying DermTech stock market strength indicators, traders can identify DermTech entry and exit signals to maximize returns

DermTech Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for DermTech's price direction in advance. Along with the technical and fundamental analysis of DermTech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DermTech 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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Consideration for investing in DermTech Stock

If you are still planning to invest in DermTech check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the DermTech's history and understand the potential risks before investing.
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