Tectonic Therapeutic, Stock Price on December 13, 2024
| TECX Stock | 45.69 0.48 1.04% |
If you're considering investing in Tectonic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tectonic Therapeutic, stands at 45.69, as last reported on the 3rd of January, with the highest price reaching 47.41 and the lowest price hitting 45.13 during the day. Tectonic Therapeutic, appears to be very steady, given 3 months investment horizon. Tectonic Therapeutic, owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% 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 0.63% is justified by implied risk. Please review Tectonic Therapeutic,'s Semi Deviation of 3.24, coefficient of variation of 613.67, and Risk Adjusted Performance of 0.1401 to confirm if our risk estimates are consistent with your expectations.
Tectonic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tectonic |
Sharpe Ratio = 0.163
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Estimated Market Risk
| 3.86 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Tectonic Therapeutic, is performing at about 12% 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.
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Tectonic Therapeutic, Valuation on December 13, 2024
It is possible to determine the worth of Tectonic Therapeutic, on a given historical date. On December 13, 2024 Tectonic was worth 45.97 at the beginning of the trading date compared to the closed value of 45.33. 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 | |
| 48.58 | 51.01 | 46.16 | 46.36 | 75,568 | |
12/13/2024 | 45.97 | 46.84 | 45.18 | 45.33 | 77,449 |
| 45.35 | 47.07 | 44.31 | 44.52 | 87,500 |
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Tectonic Therapeutic, Trading Date Momentum on December 13, 2024
| On December 16 2024 Tectonic Therapeutic, was traded for 44.52 at the closing time. The top price for the day was 47.07 and the lowest listed price was 44.31 . The trading volume for the day was 87.5 K. The trading history from December 16, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.79% . The trading price change against the current closing price is 1.43% . |
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,
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 | January 3, 2025
| 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, January 3, 2025 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 | 0.1401 | |||
| Jensen Alpha | 0.6105 | |||
| Total Risk Alpha | 0.5601 | |||
| Sortino Ratio | 0.1614 | |||
| Treynor Ratio | 0.9271 |
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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.