TESSCO Technologies Incorporated Price on May 24, 2024
TESSDelisted Stock | USD 8.99 0.00 0.00% |
If you're considering investing in TESSCO Stock, it is important to understand the factors that can impact its price. As of today, the current price of TESSCO Technologies stands at 8.99, as last reported on the 2nd of December, with the highest price reaching 8.99 and the lowest price hitting 8.99 during the day. We have found twenty-three technical indicators for TESSCO Technologies Incorporated, which you can use to evaluate the volatility of the company. Please validate TESSCO Technologies' standard deviation of 0.1869, and Risk Adjusted Performance of 0.1093 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
TESSCO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TESSCO |
Sharpe Ratio = 0.0
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Based on monthly moving average TESSCO Technologies 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 TESSCO Technologies by adding TESSCO Technologies to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About TESSCO Technologies Stock history
TESSCO Technologies 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 TESSCO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TESSCO Technologies 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 TESSCO Technologies stock prices may prove useful in developing a viable investing in TESSCO Technologies
TESSCO Technologies Incorporated manufactures and distributes technology products and solutions for wireless infrastructure market in the United States and internationally. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland. Tessco Tech operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 530 people.
TESSCO Technologies Stock Technical Analysis
TESSCO Technologies 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
TESSCO Technologies Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
TESSCO Technologies Incorporated 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.
TESSCO Technologies December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how TESSCO Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TESSCO Technologies shares will generate the highest return on investment. By undertsting and applying TESSCO Technologies stock market strength indicators, traders can identify TESSCO Technologies Incorporated entry and exit signals to maximize returns
TESSCO Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TESSCO Technologies' price direction in advance. Along with the technical and fundamental analysis of TESSCO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TESSCO 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 | 0.1093 | |||
Jensen Alpha | 0.0207 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.60) | |||
Treynor Ratio | 0.8792 |
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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 state. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in TESSCO Stock
If you are still planning to invest in TESSCO Technologies 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 TESSCO Technologies' history and understand the potential risks before investing.
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