Tenaya Therapeutics Stock Price on November 2, 2023

TNYA Stock  USD 0.65  0.05  7.14%   
If you're considering investing in Tenaya Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tenaya Therapeutics stands at 0.65, as last reported on the 25th of March, with the highest price reaching 0.71 and the lowest price hitting 0.62 during the day. Tenaya Therapeutics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of risk over the last 3 months. Tenaya Therapeutics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tenaya Therapeutics' Coefficient Of Variation of (939.79), variance of 82.19, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
  
Tenaya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1064

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Estimated Market Risk

 9.07
  actual daily
80
80% of assets are less volatile

Expected Return

 -0.96
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tenaya Therapeutics 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 Tenaya Therapeutics by adding Tenaya Therapeutics to a well-diversified portfolio.

Tenaya Therapeutics Valuation on November 2, 2023

It is possible to determine the worth of Tenaya Therapeutics on a given historical date. On November 2, 2023 Tenaya was worth 1.9 at the beginning of the trading date compared to the closed value of 2.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tenaya Therapeutics stock. Still, in general, we apply an absolute valuation method to find Tenaya Therapeutics' 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 Tenaya Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tenaya Therapeutics' related companies.
 Open High Low Close Volume
  1.83    1.87    1.73    1.85    189,500  
11/02/2023
  1.90    2.18    1.87    2.17    773,800  
  2.23    2.35    2.12    2.25    379,800  
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Open Value
1.9
2.17
Closing Value
29.10
Upside

Tenaya Therapeutics Trading Date Momentum on November 2, 2023

On November 03 2023 Tenaya Therapeutics was traded for  2.25  at the closing time. The top price for the day was 2.35  and the lowest listed price was  2.12 . The trading volume for the day was 379.8 K. The trading history from November 3, 2023 was a factor to the next trading day price jump. The trading price change against the next closing price was 3.69% . The trading price change against the current closing price is 14.75% .

Tenaya Therapeutics Fundamentals Correlations and Trends

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

About Tenaya Therapeutics Stock history

Tenaya Therapeutics 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 Tenaya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tenaya Therapeutics 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 Tenaya Therapeutics stock prices may prove useful in developing a viable investing in Tenaya Therapeutics
Tenaya Therapeutics, Inc., a biotechnology company, discovers, develops, and delivers therapies for heart disease in the United States. The company was incorporated in 2016 and is headquartered in South San Francisco, California. Tenaya Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 135 people.

Tenaya Therapeutics Stock Technical Analysis

Tenaya Therapeutics 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.
A focus of Tenaya Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tenaya Therapeutics 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

Tenaya Therapeutics Period Price Range

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March 25, 2025
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Tenaya Therapeutics 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.

Tenaya Therapeutics March 25, 2025 Market Strength

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

Tenaya Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tenaya Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Tenaya Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tenaya 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.

Complementary Tools for Tenaya Stock analysis

When running Tenaya Therapeutics' price analysis, check to measure Tenaya Therapeutics' 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 Tenaya Therapeutics is operating at the current time. Most of Tenaya Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tenaya Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaya Therapeutics' price. Additionally, you may evaluate how the addition of Tenaya Therapeutics to your portfolios can decrease your overall portfolio volatility.
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