Disposition of 150000 shares by Third Rock Ventures Iv, L.p. of Tango Therapeutics at 10.0928 subject to Rule 16b-3
| TNGX Stock | USD 3.13 0.04 1.29% |
Slightly above 55% of Tango Therapeutics' investor base is interested to short. The analysis of overall sentiment of trading Tango Therapeutics stock suggests that many investors are impartial at this time. Tango Therapeutics' investing sentiment can be driven by a variety of factors including economic data, Tango Therapeutics' earnings reports, geopolitical events, and overall market trends.
Tango |
Filed transaction by Tango Therapeutics 10 Percent Owner. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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Tango Therapeutics Fundamental Analysis
We analyze Tango Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tango Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tango Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Tango Therapeutics is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Tango Therapeutics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tango Therapeutics stock to make a market-neutral strategy. Peer analysis of Tango Therapeutics could also be used in its relative valuation, which is a method of valuing Tango Therapeutics by comparing valuation metrics with similar companies.
Peers
Tango Therapeutics Related Equities
| XLO | Xilio Development | 11.46 | ||||
| THRD | Third Harmonic | 7.29 | ||||
| NRIX | Nurix Therapeutics | 3.56 | ||||
| STTK | Shattuck Labs | 3.42 | ||||
| FHTX | Foghorn Therapeutics | 2.39 | ||||
| STOK | Stoke Therapeutics | 2.18 | ||||
| CGEM | Cullinan Oncology | 1.72 | ||||
| KYMR | Kymera Therapeutics | 1.64 | ||||
| RVMD | Revolution Medicines | 1.32 | ||||
| EWTX | Edgewise Therapeutics | 1.24 | ||||
| PLRX | Pliant Therapeutics | 0.84 | ||||
| BDTX | Black Diamond | 0.47 | ||||
| MLYS | Mineralys Therapeutics, | 0.49 | ||||
| RLYB | Rallybio Corp | 1.04 | ||||
| GLUE | Monte Rosa | 1.14 | ||||
| TYRA | Tyra Biosciences | 1.21 | ||||
| RLAY | Relay Therapeutics | 1.44 | ||||
| ARVN | Arvinas | 1.46 | ||||
| RAPT | RAPT Therapeutics | 2.47 | ||||
| CNTB | Connect Biopharma | 12.32 | ||||
| PASG | Passage Bio | 14.93 |
Additional Tools for Tango Stock Analysis
When running Tango Therapeutics' price analysis, check to measure Tango 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 Tango Therapeutics is operating at the current time. Most of Tango Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tango Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tango Therapeutics' price. Additionally, you may evaluate how the addition of Tango Therapeutics to your portfolios can decrease your overall portfolio volatility.