Tactile Systems Technology Stock Price on December 31, 2022

TCMD Stock  USD 14.90  0.15  1.00%   
If you're considering investing in Tactile Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tactile Systems stands at 14.90, as last reported on the 25th of February, with the highest price reaching 15.05 and the lowest price hitting 14.43 during the day. Tactile Systems Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19 % return per unit of risk over the last 3 months. Tactile Systems Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tactile Systems' Coefficient Of Variation of (537.03), variance of 6.14, and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide.
  
Tactile Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1862

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Estimated Market Risk

 2.48
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.46
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tactile Systems 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 Tactile Systems by adding Tactile Systems to a well-diversified portfolio.

Tactile Systems Valuation on December 31, 2022

It is possible to determine the worth of Tactile Systems on a given historical date. On December 31, 2022 Tactile was worth 12.15 at the beginning of the trading date compared to the closed value of 12.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tactile Systems stock. Still, in general, we apply an absolute valuation method to find Tactile Systems' 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 Tactile Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tactile Systems' related companies.
 Open High Low Close Volume
02/10/2023
  12.15    12.26    11.99    12.12    58,265  
  12.17    12.43    11.94    12.42    112,449  
Backtest Tactile Systems  |  Tactile Systems History  |  Tactile Systems Valuation Next  
Open Value
12.15
12.12
Closing Value
19.59
Upside

Tactile Systems Trading Date Momentum on December 31, 2022

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Tactile Systems Tech Fundamentals Correlations and Trends

By evaluating Tactile Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tactile Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tactile financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tactile Systems Stock history

Tactile Systems 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 Tactile is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tactile Systems Tech 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 Tactile Systems stock prices may prove useful in developing a viable investing in Tactile Systems
Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company was incorporated in 1995 and is headquartered in Minneapolis, Minnesota. Tactile Systems operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 988 people.

Tactile Systems Stock Technical Analysis

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

Tactile Systems Period Price Range

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Tactile Systems Technology 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.

Tactile Systems February 25, 2025 Market Strength

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

Tactile Systems Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tactile Systems' price direction in advance. Along with the technical and fundamental analysis of Tactile Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tactile 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.

Complementary Tools for Tactile Stock analysis

When running Tactile Systems' price analysis, check to measure Tactile Systems' 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 Tactile Systems is operating at the current time. Most of Tactile Systems' value examination focuses on studying past and present price action to predict the probability of Tactile Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tactile Systems' price. Additionally, you may evaluate how the addition of Tactile Systems to your portfolios can decrease your overall portfolio volatility.
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