Tectonic Therapeutic, Stock Price on September 27, 2024
| TECX Stock | 50.56 3.00 6.31% |
Below is the normalized historical share price chart for Tectonic Therapeutic, extending back to June 21, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tectonic Therapeutic, stands at 50.56, as last reported on the 26th of December, with the highest price reaching 53.41 and the lowest price hitting 48.02 during the day.
If you're considering investing in Tectonic Stock, it is important to understand the factors that can impact its price. Tectonic Therapeutic, appears to be very steady, given 3 months investment horizon. Tectonic Therapeutic, owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. By inspecting Tectonic Therapeutic,'s technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please review Tectonic Therapeutic,'s Coefficient Of Variation of 349.85, risk adjusted performance of 0.237, and Semi Deviation of 2.94 to confirm if our risk estimates are consistent with your expectations.
At this time, Tectonic Therapeutic,'s Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 3.8 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 37.4 M in 2024. . Price Earnings Ratio is likely to drop to -1.48 in 2024. Price Book Value Ratio is likely to drop to 0.60 in 2024. Tectonic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of June 2018 | 200 Day MA 16.2019 | 50 Day MA 17.2452 |
Tectonic |
Sharpe Ratio = 0.2144
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Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Tectonic Therapeutic, is performing at about 16% of its full potential. 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 Tectonic Therapeutic, by adding it to a well-diversified portfolio.
Price Book 1.5933 | Book Value 11.291 | Enterprise Value 83.4 M | Shares Float 6 M | Shares Outstanding 14.7 M |
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The
Tectonic Therapeutic, Valuation on September 27, 2024
It is possible to determine the worth of Tectonic Therapeutic, on a given historical date. On September 27, 2024 Tectonic was worth 30.02 at the beginning of the trading date compared to the closed value of 30.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tectonic Therapeutic, stock. Still, in general, we apply an absolute valuation method to find Tectonic Therapeutic,'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 Tectonic Therapeutic, where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tectonic Therapeutic,'s related companies.
| Open | High | Low | Close | Volume | |
| 29.95 | 31.31 | 27.61 | 28.58 | 368,424 | |
09/27/2024 | 30.02 | 31.66 | 29.60 | 30.60 | 236,005 |
| 30.36 | 30.94 | 29.04 | 30.30 | 141,915 |
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Tectonic Therapeutic, Trading Date Momentum on September 27, 2024
| On September 30 2024 Tectonic Therapeutic, was traded for 30.30 at the closing time. The top price for the day was 30.94 and the lowest listed price was 29.04 . The trading volume for the day was 141.9 K. The trading history from September 30, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.98% . The trading price change against the current closing price is 9.58% . |
Tectonic Therapeutic, Fundamentals Correlations and Trends
By evaluating Tectonic Therapeutic,'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 Tectonic Therapeutic,'s main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tectonic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tectonic Therapeutic, Stock history
Tectonic Therapeutic, 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 Tectonic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tectonic Therapeutic, 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 Tectonic Therapeutic, stock prices may prove useful in developing a viable investing in Tectonic Therapeutic,
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.7 M | 3.8 M |
Tectonic Therapeutic, Stock Technical Analysis
Tectonic Therapeutic, 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.
Price Boundaries
Tectonic Therapeutic, Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Tectonic Therapeutic, 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.
Tectonic Therapeutic, December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Tectonic Therapeutic, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tectonic Therapeutic, shares will generate the highest return on investment. By undertsting and applying Tectonic Therapeutic, stock market strength indicators, traders can identify Tectonic Therapeutic, entry and exit signals to maximize returns
Tectonic Therapeutic, Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tectonic Therapeutic,'s price direction in advance. Along with the technical and fundamental analysis of Tectonic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tectonic 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 | 0.237 | |||
| Jensen Alpha | 1.4 | |||
| Total Risk Alpha | 1.24 | |||
| Sortino Ratio | 0.386 | |||
| Treynor Ratio | 0.7903 |
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Additional Tools for Tectonic Stock Analysis
When running Tectonic Therapeutic,'s price analysis, check to measure Tectonic Therapeutic,'s 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 Tectonic Therapeutic, is operating at the current time. Most of Tectonic Therapeutic,'s value examination focuses on studying past and present price action to predict the probability of Tectonic Therapeutic,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Therapeutic,'s price. Additionally, you may evaluate how the addition of Tectonic Therapeutic, to your portfolios can decrease your overall portfolio volatility.