TRACON Pharmaceuticals Price on May 29, 2024

TCONDelisted Stock  USD 1.60  0.55  52.38%   
If you're considering investing in TRACON OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of TRACON Pharmaceuticals stands at 1.60, as last reported on the 11th of December 2024, with the highest price reaching 1.71 and the lowest price hitting 0.85 during the day. We have found twenty-four technical indicators for TRACON Pharmaceuticals, which you can use to evaluate the volatility of the company. Please validate TRACON Pharmaceuticals' risk adjusted performance of (0.11), and Standard Deviation of 11.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
  
TRACON OTC 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 TRACON Pharmaceuticals 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 TRACON Pharmaceuticals by adding TRACON Pharmaceuticals to a well-diversified portfolio.

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TRACON Pharmaceuticals Valuation on May 29, 2024

It is possible to determine the worth of TRACON Pharmaceuticals on a given historical date. On May 29, 2024 TRACON was worth 1.52 at the beginning of the trading date compared to the closed value of 1.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TRACON Pharmaceuticals otc stock. Still, in general, we apply an absolute valuation method to find TRACON Pharmaceuticals' 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 TRACON Pharmaceuticals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TRACON Pharmaceuticals' related companies.
 Open High Low Close Volume
  1.49    1.53    1.48    1.50    35,542  
05/29/2024
  1.52    1.52    1.48    1.51    78,603  
  1.49    1.50    1.21    1.25    271,139  
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Open Value
1.52
1.51
Closing Value
1.52
Upside

TRACON Pharmaceuticals Trading Date Momentum on May 29, 2024

On May 30 2024 TRACON Pharmaceuticals was traded for  1.25  at the closing time. The top price for the day was 1.50  and the lowest listed price was  1.21 . The trading volume for the day was 271.1 K. The trading history from May 30, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 17.22% . The trading price change against the current closing price is 25.17% .

TRACON Pharmaceuticals Fundamentals Correlations and Trends

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

About TRACON Pharmaceuticals OTC Stock history

TRACON Pharmaceuticals 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 TRACON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TRACON Pharmaceuticals 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 TRACON Pharmaceuticals stock prices may prove useful in developing a viable investing in TRACON Pharmaceuticals
TRACON Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapeutics for cancer in the United States. TRACON Pharmaceuticals, Inc. was incorporated in 2004 and is headquartered in San Diego, California. Tracon Pharma operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 19 people.

TRACON Pharmaceuticals OTC Stock Technical Analysis

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

TRACON Pharmaceuticals Period Price Range

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TRACON Pharmaceuticals cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.

TRACON Pharmaceuticals December 11, 2024 Market Strength

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

TRACON Pharmaceuticals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for TRACON Pharmaceuticals' price direction in advance. Along with the technical and fundamental analysis of TRACON OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TRACON 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Other Consideration for investing in TRACON OTC Stock

If you are still planning to invest in TRACON Pharmaceuticals 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 TRACON Pharmaceuticals' history and understand the potential risks before investing.
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