Toughbuilt Industries Price on July 26, 2024
TBLTDelisted Stock | USD 2.55 0.25 10.87% |
If you're considering investing in Toughbuilt Stock, it is important to understand the factors that can impact its price. As of today, the current price of Toughbuilt Industries stands at 2.55, as last reported on the 1st of December, with the highest price reaching 2.75 and the lowest price hitting 2.30 during the day. We have found thirty technical indicators for Toughbuilt Industries, which you can use to evaluate the volatility of the company. Please validate Toughbuilt Industries' Risk Adjusted Performance of 0.0666, semi deviation of 12.77, and Coefficient Of Variation of 1336.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Toughbuilt Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Based on monthly moving average Toughbuilt Industries 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 Toughbuilt Industries by adding Toughbuilt Industries to a well-diversified portfolio.
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Toughbuilt Industries Valuation on July 26, 2024
It is possible to determine the worth of Toughbuilt Industries on a given historical date. On July 26, 2024 Toughbuilt was worth 5.97 at the beginning of the trading date compared to the closed value of 5.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Toughbuilt Industries stock. Still, in general, we apply an absolute valuation method to find Toughbuilt Industries' 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 Toughbuilt Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Toughbuilt Industries' related companies.
Open | High | Low | Close | Volume | |
5.10 | 6.19 | 5.09 | 5.89 | 175,796 | |
07/26/2024 | 5.97 | 6.20 | 5.75 | 5.98 | 39,124 |
5.91 | 6.22 | 5.10 | 6.03 | 159,229 |
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Toughbuilt Industries Trading Date Momentum on July 26, 2024
On July 29 2024 Toughbuilt Industries was traded for 6.03 at the closing time. The top price for the day was 6.22 and the lowest listed price was 5.10 . The trading volume for the day was 159.2 K. The trading history from July 29, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.84% . The trading price change against the current closing price is 5.85% . |
Toughbuilt Industries Fundamentals Correlations and Trends
By evaluating Toughbuilt Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Toughbuilt Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Toughbuilt financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Toughbuilt Industries Stock history
Toughbuilt Industries 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 Toughbuilt is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Toughbuilt Industries 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 Toughbuilt Industries stock prices may prove useful in developing a viable investing in Toughbuilt Industries
ToughBuilt Industries, Inc. designs, develops, manufactures, and distributes home improvement and construction products for the building industry in the United States and internationally. ToughBuilt Industries, Inc. was incorporated in 2012 and is based in Lake Forest, California. Toughbuilt Industries operates under Tools Accessories classification in the United States and is traded on NASDAQ Exchange. It employs 185 people.
Toughbuilt Industries Stock Technical Analysis
Toughbuilt Industries 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.
Price Boundaries
Toughbuilt Industries Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Toughbuilt Industries 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.
Toughbuilt Industries December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Toughbuilt Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Toughbuilt Industries shares will generate the highest return on investment. By undertsting and applying Toughbuilt Industries stock market strength indicators, traders can identify Toughbuilt Industries entry and exit signals to maximize returns
Toughbuilt Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Toughbuilt Industries' price direction in advance. Along with the technical and fundamental analysis of Toughbuilt Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Toughbuilt 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 | 0.0666 | |||
Jensen Alpha | 1.19 | |||
Total Risk Alpha | (1.10) | |||
Sortino Ratio | 0.0529 | |||
Treynor Ratio | (0.36) |
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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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Toughbuilt Stock
If you are still planning to invest in Toughbuilt Industries 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 Toughbuilt Industries' history and understand the potential risks before investing.
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