TESSCO Technologies Incorporated Price on June 9, 2023
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 10th 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' risk adjusted performance of 0.1038, and Standard Deviation of 0.1869 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.
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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.
TESSCO Technologies Valuation on June 9, 2023
It is possible to determine the worth of TESSCO Technologies on a given historical date. On June 9, 2023 TESSCO was worth 8.9 at the beginning of the trading date compared to the closed value of 8.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TESSCO Technologies stock. Still, in general, we apply an absolute valuation method to find TESSCO Technologies' 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 TESSCO Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TESSCO Technologies' related companies.
Open | High | Low | Close | Volume | |
8.87 | 8.90 | 8.87 | 8.87 | 19,800 | |
06/09/2023 | 8.90 | 8.93 | 8.86 | 8.92 | 35,274 |
8.92 | 8.93 | 8.90 | 8.92 | 69,500 |
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TESSCO Technologies Trading Date Momentum on June 9, 2023
On June 12 2023 TESSCO Technologies Incorporated was traded for 8.92 at the closing time. The top price for the day was 8.93 and the lowest listed price was 8.90 . The trading volume for the day was 69.5 K. The trading history from June 12, 2023 did not result in any price rise and fall. The trading price change against the current closing price is 0.45% . |
TESSCO Technologies Fundamentals Correlations and Trends
By evaluating TESSCO Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TESSCO Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TESSCO financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 10, 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 10, 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 | 0.1038 | |||
Jensen Alpha | 0.0285 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.53) | |||
Treynor Ratio | (0.66) |
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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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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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