10x Genomics Stock Price on May 1, 2024

TXG Stock  USD 16.15  0.28  1.76%   
Below is the normalized historical share price chart for 10X Genomics extending back to September 12, 2019. 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 10X Genomics stands at 16.15, as last reported on the 11th of December 2024, with the highest price reaching 16.73 and the lowest price hitting 15.74 during the day.
IPO Date
12th of September 2019
200 Day MA
23.6452
50 Day MA
16.2598
Beta
1.873
 
Covid
If you're considering investing in 10X Stock, it is important to understand the factors that can impact its price. 10X Genomics secures Sharpe Ratio (or Efficiency) of -0.0892, which signifies that the company had a -0.0892% return per unit of risk over the last 3 months. 10X Genomics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 10X Genomics' variance of 20.67, and Mean Deviation of 3.11 to double-check the risk estimate we provide.
  
At this time, 10X Genomics' Stock Based Compensation To Revenue is most likely to increase slightly in the upcoming years. . At this time, 10X Genomics' Price To Sales Ratio is most likely to increase in the upcoming years. The 10X Genomics' current Price Sales Ratio is estimated to increase to 14.35, while Price Earnings Ratio is projected to decrease to (26.99). 10X Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0892

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsTXG

Estimated Market Risk

 4.64
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.41
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average 10X Genomics 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 10X Genomics by adding 10X Genomics to a well-diversified portfolio.
Price Book
2.7048
Enterprise Value Ebitda
(40.69)
Price Sales
3.1045
Shares Float
105 M
Wall Street Target Price
20.2857

10X Genomics Valuation on May 1, 2024

It is possible to determine the worth of 10X Genomics on a given historical date. On May 1, 2024 10X was worth 26.5 at the beginning of the trading date compared to the closed value of 26.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 10X Genomics stock. Still, in general, we apply an absolute valuation method to find 10X Genomics' 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 10X Genomics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 10X Genomics' related companies.
 Open High Low Close Volume
  27.57    29.37    27.34    29.28    2,596,760  
05/01/2024
  26.50    27.49    24.60    26.92    6,513,049  
  27.52    27.58    25.24    26.29    2,019,269  
Backtest 10X Genomics  |  10X Genomics History  |  10X Genomics Valuation   PreviousNext  
Open Value
26.5
26.92
Closing Value
40.41
Upside

10X Genomics Trading Date Momentum on May 1, 2024

On May 02 2024 10X Genomics was traded for  26.29  at the closing time. Highest 10X Genomics's price during the trading hours was 27.58  and the lowest price during the day was  25.24 . The net volume was 2 M. The overall trading history on the 2nd of May contributed to the next trading period price depreciation. The trading price change to the next next day price was 2.34% . The daily price change to current price is 2.56% .

10X Genomics Fundamentals Correlations and Trends

By evaluating 10X Genomics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among 10X Genomics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 10X financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About 10X Genomics Stock history

10X Genomics 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 10X is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 10X Genomics 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 10X Genomics stock prices may prove useful in developing a viable investing in 10X Genomics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding117.2 M85.8 M
Net Loss-149.4 M-156.9 M

10X Genomics Quarterly Net Working Capital

472.66 Million

10X Genomics Stock Technical Analysis

10X Genomics 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 10X Genomics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 10X Genomics 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

10X Genomics Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

10X Genomics 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.

10X Genomics December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how 10X Genomics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 10X Genomics shares will generate the highest return on investment. By undertsting and applying 10X Genomics stock market strength indicators, traders can identify 10X Genomics entry and exit signals to maximize returns

10X Genomics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for 10X Genomics' price direction in advance. Along with the technical and fundamental analysis of 10X Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 10X 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 10X Stock analysis

When running 10X Genomics' price analysis, check to measure 10X Genomics' 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 10X Genomics is operating at the current time. Most of 10X Genomics' value examination focuses on studying past and present price action to predict the probability of 10X Genomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 10X Genomics' price. Additionally, you may evaluate how the addition of 10X Genomics to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Commodity Directory
Find actively traded commodities issued by global exchanges
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum