Trxade Group Price on August 20, 2024

MEDSDelisted Stock  USD 7.46  0.56  8.12%   
If you're considering investing in Trxade Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trxade stands at 7.46, as last reported on the 27th of December, with the highest price reaching 7.46 and the lowest price hitting 6.90 during the day. We have found twenty-three technical indicators for Trxade Group, which you can use to evaluate the volatility of the company. Please validate Trxade's Variance of 96.23, risk adjusted performance of (0.0003), and Coefficient Of Variation of (8,335) to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Trxade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
MEDS
Based on monthly moving average Trxade 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 Trxade by adding Trxade to a well-diversified portfolio.

Related Headline

Leafly Holdings Headline on 20th of August 2024

Filed transaction by Leafly Holdings Director, Officer Ceo. Grant, award or other acquisition pursuant to Rule 16b-3

Trxade Valuation on August 20, 2024

It is possible to determine the worth of Trxade on a given historical date. On August 20, 2024 Trxade was worth 8.47 at the beginning of the trading date compared to the closed value of 8.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trxade stock. Still, in general, we apply an absolute valuation method to find Trxade'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 Trxade where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trxade's related companies.
 Open High Low Close Volume
  10.01    10.23    8.08    8.37    235,503  
08/20/2024
  8.47    8.72    7.87    8.30    75,972  
  8.42    8.58    8.12    8.25    19,441  
Backtest Trxade  |  Trxade History  |  Trxade Valuation   PreviousNext  
Open Value
8.47
8.3
Closing Value
8.47
Upside

Trxade Trading Date Momentum on August 20, 2024

On August 21 2024 Trxade Group was traded for  8.25  at the closing time. The top price for the day was 8.58  and the lowest listed price was  8.12 . The trading volume for the day was 19.4 K. The trading history from August 21, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.60% . The trading price change against the current closing price is 7.35% .

Trxade Group Fundamentals Correlations and Trends

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

About Trxade Stock history

Trxade 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 Trxade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trxade Group 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 Trxade stock prices may prove useful in developing a viable investing in Trxade
TRxADE HEALTH, Inc. operates as a health services IT company in the United States. The company was formerly known as Trxade Group, Inc. and changed its name to TRxADE HEALTH, Inc. in June 2021. Trxade Health operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 47 people.

Trxade Stock Technical Analysis

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

Trxade Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Trxade Group 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.

Trxade December 27, 2024 Market Strength

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

Trxade Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Trxade's price direction in advance. Along with the technical and fundamental analysis of Trxade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trxade 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 Correlation Analysis 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 unemployment.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Consideration for investing in Trxade Stock

If you are still planning to invest in Trxade Group 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 Trxade's history and understand the potential risks before investing.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Stocks Directory
Find actively traded stocks across global markets
Bonds Directory
Find actively traded corporate debentures issued by US companies
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets