Silk Road Medical Price on December 31, 2023

SILKDelisted Stock  USD 27.49  0.00  0.00%   
If you're considering investing in Silk Stock, it is important to understand the factors that can impact its price. As of today, the current price of Silk Road stands at 27.49, as last reported on the 1st of January, with the highest price reaching 27.49 and the lowest price hitting 27.49 during the day. We have found twenty-five technical indicators for Silk Road Medical, which you can use to evaluate the volatility of the company. Please validate Silk Road's Semi Deviation of 0.0347, risk adjusted performance of 0.0915, and Coefficient Of Variation of 690.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Silk 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 Silk Road 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 Silk Road by adding Silk Road to a well-diversified portfolio.

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Silk Road Valuation on December 31, 2023

It is possible to determine the worth of Silk Road on a given historical date. On December 31, 2023 Silk was worth 12.45 at the beginning of the trading date compared to the closed value of 12.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Silk Road stock. Still, in general, we apply an absolute valuation method to find Silk Road'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 Silk Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Silk Road's related companies.
 Open High Low Close Volume
  12.17    12.70    12.17    12.44    385,200  
12/29/2023
  12.45    12.53    12.10    12.27    514,600  
  12.08    12.92    12.05    12.20    770,800  
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Open Value
12.45
12.27
Closing Value
12.45
Upside

Silk Road Trading Date Momentum on December 31, 2023

On January 02 2024 Silk Road Medical was traded for  12.20  at the closing time. The top price for the day was 12.92  and the lowest listed price was  12.05 . The trading volume for the day was 770.8 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.57% . The trading price change against the current closing price is 7.58% .

Silk Road Medical Fundamentals Correlations and Trends

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

About Silk Road Stock history

Silk Road 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 Silk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Silk Road Medical 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 Silk Road stock prices may prove useful in developing a viable investing in Silk Road
Silk Road Medical, Inc. operates as a medical device company in the United States. The company was incorporated in 2007 and is headquartered in Sunnyvale, California. Silk Road operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 352 people.

Silk Road Stock Technical Analysis

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

Silk Road Period Price Range

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Silk Road Medical 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.

Silk Road January 1, 2025 Market Strength

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

Silk Road Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Silk Road's price direction in advance. Along with the technical and fundamental analysis of Silk Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Silk 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 World Market Map 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 bureau of economic analysis.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Other Consideration for investing in Silk Stock

If you are still planning to invest in Silk Road Medical 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 Silk Road's history and understand the potential risks before investing.
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