Taoping Stock Price on December 9, 2024
| TAOP Stock | USD 0.41 0.09 28.12% |
Below is the normalized historical share price chart for Taoping extending back to September 12, 2006. 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 Taoping stands at 0.41, as last reported on the 22nd of December, with the highest price reaching 0.83 and the lowest price hitting 0.39 during the day.
If you're considering investing in Taoping Stock, it is important to understand the factors that can impact its price. Taoping owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0443, which indicates the firm had a -0.0443% return per unit of risk over the last 3 months. Taoping exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taoping's Coefficient Of Variation of (3,026), risk adjusted performance of (0.02), and Variance of 55.39 to confirm the risk estimate we provide.
At this time, Taoping's Common Stock Total Equity is relatively stable compared to the past year. As of 12/22/2024, Common Stock Shares Outstanding is likely to grow to about 2.9 M, while Other Stockholder Equity is likely to drop slightly above 21.5 M. . As of 12/22/2024, Price To Sales Ratio is likely to drop to 0.07. In addition to that, Price Earnings Ratio is likely to grow to -3.77. Taoping Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of September 2006 | 200 Day MA 0.6826 | 50 Day MA 0.4012 | Beta 0.693 |
Taoping |
Sharpe Ratio = -0.0443
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| Negative Returns | TAOP |
Estimated Market Risk
| 7.47 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taoping 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 Taoping by adding Taoping to a well-diversified portfolio.
Price Book 0.1653 | Enterprise Value Ebitda 2.3257 | Price Sales 0.0634 | Shares Float 6.1 M | Wall Street Target Price 7 |
Taoping Main Headline on 9th of December 2024
Taoping Signs Non-binding Letter of Intent to Acquire Yunti ... by finance.yahoo.com
Taoping Inc. , a provider of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today announced that it has signed a non-binding letter of intent to acquire 100 percent of the equity of Shenzhen Yunti Internet of Things Co., Ltd. , a Chinese company based in Shenzhen, Guangdong Province. Taopings acquisition of Yunti, if consummated, is expected to open new revenue growth opportunities for the Company, whi
Taoping Valuation on December 9, 2024
It is possible to determine the worth of Taoping on a given historical date. On December 9, 2024 Taoping was worth 0.39 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taoping stock. Still, in general, we apply an absolute valuation method to find Taoping'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 Taoping where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taoping's related companies.
| Open | High | Low | Close | Volume | |
| 0.33 | 0.34 | 0.33 | 0.33 | 79,360 | |
12/09/2024 | 0.39 | 0.40 | 0.31 | 0.35 | 20,297,472 |
| 0.33 | 0.38 | 0.31 | 0.36 | 1,309,539 |
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Taoping Trading Date Momentum on December 9, 2024
| On December 10 2024 Taoping was traded for 0.36 at the closing time. The top price for the day was 0.38 and the lowest listed price was 0.31 . The trading volume for the day was 1.3 M. The trading history from December 10, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 2.86% . The trading price change against the current closing price is 8.57% . |
Taoping Fundamentals Correlations and Trends
By evaluating Taoping'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 Taoping's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taoping financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taoping Stock history
Taoping 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 Taoping is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taoping 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 Taoping stock prices may prove useful in developing a viable investing in Taoping
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.9 M | 2.9 M | |
| Net Loss | -8.9 M | -8.5 M |
Taoping Stock Technical Analysis
Taoping 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
Taoping Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Taoping 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.
Taoping December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Taoping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taoping shares will generate the highest return on investment. By undertsting and applying Taoping stock market strength indicators, traders can identify Taoping entry and exit signals to maximize returns
Taoping Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taoping's price direction in advance. Along with the technical and fundamental analysis of Taoping Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taoping 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 | (0.02) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.13) |
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Additional Tools for Taoping Stock Analysis
When running Taoping's price analysis, check to measure Taoping'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 Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.