Truecar Stock Price on November 7, 2024

TRUE Stock  USD 1.59  0.06  3.64%   
Below is the normalized historical share price chart for TrueCar extending back to May 16, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TrueCar stands at 1.59, as last reported on the 29th of March, with the highest price reaching 1.61 and the lowest price hitting 1.52 during the day.
IPO Date
16th of May 2014
200 Day MA
3.2945
50 Day MA
2.6851
Beta
1.721
 
Yuan Drop
 
Covid
If you're considering investing in TrueCar Stock, it is important to understand the factors that can impact its price. TrueCar owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.33, which indicates the firm had a -0.33 % return per unit of risk over the last 3 months. TrueCar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TrueCar's Variance of 15.1, coefficient of variation of (312.72), and Risk Adjusted Performance of (0.27) to confirm the risk estimate we provide.
  
The current year's Stock Based Compensation To Revenue is expected to grow to 0.11, whereas Common Stock Shares Outstanding is forecasted to decline to about 89.7 M. . At present, TrueCar's Price To Operating Cash Flows Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 3.59, whereas Price Earnings Ratio is forecasted to decline to (11.37). TrueCar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.3339

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Estimated Market Risk

 3.98
  actual daily
35
65% of assets are more volatile

Expected Return

 -1.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.33
  actual daily
0
Most of other assets perform better
Based on monthly moving average TrueCar 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 TrueCar by adding TrueCar to a well-diversified portfolio.
Price Book
1.1744
Enterprise Value Ebitda
(4.15)
Price Sales
0.7901
Shares Float
78.5 M
Wall Street Target Price
4.1667

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TrueCar Valuation on November 7, 2024

It is possible to determine the worth of TrueCar on a given historical date. On November 7, 2024 TrueCar was worth 4.5 at the beginning of the trading date compared to the closed value of 4.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TrueCar stock. Still, in general, we apply an absolute valuation method to find TrueCar'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 TrueCar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TrueCar's related companies.
 Open High Low Close Volume
  4.09    4.33    3.81    4.31    645,344  
11/07/2024
  4.50    4.53    4.03    4.06    481,790  
  4.15    4.21    4.01    4.12    451,042  
Backtest TrueCar  |  TrueCar History  |  TrueCar Valuation   PreviousNext  
Open Value
4.5
4.06
Closing Value
16.44
Upside

TrueCar Trading Date Momentum on November 7, 2024

On November 08 2024 TrueCar was traded for  4.12  at the closing time. The top price for the day was 4.21  and the lowest listed price was  4.01 . The trading volume for the day was 451 K. The trading history from November 8, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.48% . The trading price change against the current closing price is 0.00% .

TrueCar Fundamentals Correlations and Trends

By evaluating TrueCar'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 TrueCar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TrueCar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About TrueCar Stock history

TrueCar 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 TrueCar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TrueCar 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 TrueCar stock prices may prove useful in developing a viable investing in TrueCar
Last ReportedProjected for Next Year
Common Stock Shares Outstanding90.2 M89.7 M
Net Loss-136.5 M-129.7 M

TrueCar Quarterly Net Working Capital

102.23 Million

TrueCar Stock Technical Analysis

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

TrueCar Period Price Range

Low
March 29, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

TrueCar 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.

TrueCar March 29, 2025 Market Strength

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

TrueCar Technical and Predictive Indicators

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

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