Trellus Health (UK) Price on September 26, 2024
| TRLS Stock | 0.57 0.00 0.00% |
If you're considering investing in Trellus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trellus Health stands at 0.57, as last reported on the 29th of December, with the highest price reaching 0.57 and the lowest price hitting 0.55 during the day. Trellus Health plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. Trellus Health plc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trellus Health's Risk Adjusted Performance of (0.19), coefficient of variation of (403.20), and Variance of 25.93 to confirm the risk estimate we provide.
At this time, Trellus Health's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 24 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 148.2 M in 2024. . Trellus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trellus |
Sharpe Ratio = -0.1952
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Estimated Market Risk
| 3.92 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.77 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trellus Health 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 Trellus Health by adding Trellus Health to a well-diversified portfolio.
Price Book 0.0745 | Book Value 0.097 | Enterprise Value -5.5 M | Enterprise Value Ebitda 1.0078 | Price Sales 16.8849 |
Trellus Health Main Headline on 26th of September 2024
Trellus Health Optimistic Despite Slow Enrollment - TipRanks by news.google.com
Trellus Health Optimistic Despite Slow Enrollment TipRanks
Trellus Health Valuation on September 26, 2024
It is possible to determine the worth of Trellus Health on a given historical date. On September 26, 2024 Trellus was worth 1.45 at the beginning of the trading date compared to the closed value of 1.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trellus Health stock. Still, in general, we apply an absolute valuation method to find Trellus Health'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 Trellus Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trellus Health's related companies.
| Open | High | Low | Close | Volume | |
| 1.16 | 1.47 | 1.16 | 1.45 | 14,343,956 | |
09/26/2024 | 1.45 | 1.53 | 1.01 | 1.05 | 11,353,300 |
| 1.02 | 1.05 | 0.94 | 1.02 | 3,100,648 |
| Backtest Trellus Health | | | Trellus Health History | | | Trellus Health Valuation | Previous | Next |
Trellus Health Trading Date Momentum on September 26, 2024
| On September 27 2024 Trellus Health plc was traded for 1.02 at the closing time. The highest price during the trading period was 1.05 and the lowest recorded bid was listed for 0.94 . The volume for the day was 3.1 M. This history from September 27, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.86% . The trading price change to the current price is 9.52% . |
Trellus Health plc Fundamentals Correlations and Trends
By evaluating Trellus Health'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 Trellus Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trellus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trellus Health Stock history
Trellus Health 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 Trellus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trellus Health plc 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 Trellus Health stock prices may prove useful in developing a viable investing in Trellus Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 185.7 M | 148.2 M | |
| Net Loss | -5.3 M | -5.6 M |
Trellus Health Quarterly Net Working Capital |
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Trellus Health Stock Technical Analysis
Trellus Health 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
Trellus Health Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Trellus Health plc cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
Trellus Health December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Trellus Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trellus Health shares will generate the highest return on investment. By undertsting and applying Trellus Health stock market strength indicators, traders can identify Trellus Health plc entry and exit signals to maximize returns
Trellus Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trellus Health's price direction in advance. Along with the technical and fundamental analysis of Trellus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trellus 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 | (0.19) | |||
| Jensen Alpha | (1.28) | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | (9.78) |
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Additional Tools for Trellus Stock Analysis
When running Trellus Health's price analysis, check to measure Trellus Health'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 Trellus Health is operating at the current time. Most of Trellus Health's value examination focuses on studying past and present price action to predict the probability of Trellus Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trellus Health's price. Additionally, you may evaluate how the addition of Trellus Health to your portfolios can decrease your overall portfolio volatility.