Tenaya Therapeutics Stock Price on December 4, 2024
| TNYA Stock | USD 3.58 0.20 5.29% |
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 3.58, as last reported on the 12th of December 2024, with the highest price reaching 4.01 and the lowest price hitting 3.54 during the day. Tenaya Therapeutics is relatively risky given 3 months investment horizon. Tenaya Therapeutics 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. We have analyzed and interpolated thirty different technical indicators, which can help you to evaluate if expected returns of 1.2% are justified by taking the suggested risk. Use Tenaya Therapeutics Coefficient Of Variation of 872.49, risk adjusted performance of 0.0918, and Semi Deviation of 4.59 to evaluate company specific risk that cannot be diversified away.
At present, Tenaya Therapeutics' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to 8,452, whereas Total Stockholder Equity is forecasted to decline to about 118 M. . At present, Tenaya Therapeutics' Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.05, whereas Price Earnings Ratio is forecasted to decline to (2.02). Tenaya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tenaya |
Sharpe Ratio = 0.1573
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Estimated Market Risk
| 7.61 actual daily | 67 67% of assets are less volatile |
Expected Return
| 1.2 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Tenaya Therapeutics 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 Tenaya Therapeutics by adding it to a well-diversified portfolio.
Price Book 2.5187 | Book Value 1.421 | Enterprise Value 234.5 M | Enterprise Value Ebitda (0.67) | Shares Float 54.5 M |
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Tenaya Therapeutics Valuation on December 4, 2024
It is possible to determine the worth of Tenaya Therapeutics on a given historical date. On December 4, 2024 Tenaya was worth 3.44 at the beginning of the trading date compared to the closed value of 3.42. 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 | |
| 3.58 | 3.60 | 3.21 | 3.46 | 3,740,767 | |
12/04/2024 | 3.44 | 3.56 | 3.30 | 3.42 | 3,742,731 |
| 3.39 | 3.44 | 3.26 | 3.32 | 3,530,548 |
| Backtest Tenaya Therapeutics | | | Tenaya Therapeutics History | | | Tenaya Therapeutics Valuation | Previous | Next |
Tenaya Therapeutics Trading Date Momentum on December 4, 2024
| On December 05 2024 Tenaya Therapeutics was traded for 3.32 at the closing time. The top price for the day was 3.44 and the lowest listed price was 3.26 . The trading volume for the day was 3.5 M. The trading history from December 5, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.92% . The trading price change against the current closing price is 15.20% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 73.8 M | 53.3 M | |
| Net Loss | -111.3 M | -105.7 M |
Tenaya Therapeutics Quarterly Net Working Capital |
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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.
Price Boundaries
Tenaya Therapeutics Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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Tenaya Therapeutics December 12, 2024 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.
| Risk Adjusted Performance | 0.0918 | |||
| Jensen Alpha | 0.8403 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.1486 | |||
| Treynor Ratio | 5.97 |
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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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