Tactile Systems Technology Stock Price on November 11, 2024
| TCMD Stock | USD 18.93 0.60 3.27% |
Below is the normalized historical share price chart for Tactile Systems Technology extending back to July 28, 2016. 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 Tactile Systems stands at 18.93, as last reported on the 29th of November, with the highest price reaching 19.10 and the lowest price hitting 17.43 during the day.
If you're considering investing in Tactile Stock, it is important to understand the factors that can impact its price. Tactile Systems appears to be not too volatile, given 3 months investment horizon. Tactile Systems Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Tactile Systems' technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review Tactile Systems' Coefficient Of Variation of 524.5, risk adjusted performance of 0.1537, and Semi Deviation of 2.44 to confirm if our risk estimates are consistent with your expectations.
At present, Tactile Systems' Sale Purchase Of Stock is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 36.4 M, whereas Common Stock Total Equity is forecasted to decline to about 16.3 K. . The current year's Price Earnings Ratio is expected to grow to 12.07, whereas Price To Sales Ratio is forecasted to decline to 1.13. Tactile Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of July 2016 | 200 Day MA 13.9498 | 50 Day MA 14.8425 | Beta 1.173 |
Tactile |
Sharpe Ratio = 0.1844
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Estimated Market Risk
| 3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Tactile Systems is performing at about 14% of its full potential. 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 Tactile Systems by adding it to a well-diversified portfolio.
Price Book 2.185 | Enterprise Value Ebitda 14.109 | Price Sales 1.5936 | Shares Float 21.6 M | Wall Street Target Price 24 |
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Tactile Systems Valuation on November 11, 2024
It is possible to determine the worth of Tactile Systems on a given historical date. On November 11, 2024 Tactile was worth 14.98 at the beginning of the trading date compared to the closed value of 15.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tactile Systems stock. Still, in general, we apply an absolute valuation method to find Tactile Systems' 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 Tactile Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tactile Systems' related companies.
| Open | High | Low | Close | Volume | |
| 15.30 | 15.52 | 14.89 | 15.02 | 254,084 | |
11/11/2024 | 14.98 | 15.99 | 14.61 | 15.96 | 220,096 |
| 15.92 | 16.11 | 15.62 | 15.75 | 483,055 |
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Tactile Systems Trading Date Momentum on November 11, 2024
| On November 12 2024 Tactile Systems Technology was traded for 15.75 at the closing time. The top price for the day was 16.11 and the lowest listed price was 15.62 . The trading volume for the day was 483.1 K. The trading history from November 12, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.32% . The trading price change against the current closing price is 2.88% . |
Tactile Systems Tech Fundamentals Correlations and Trends
By evaluating Tactile Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tactile Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tactile financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tactile Systems Stock history
Tactile Systems 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 Tactile is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tactile Systems Tech 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 Tactile Systems stock prices may prove useful in developing a viable investing in Tactile Systems
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 23.2 M | 19.1 M | |
| Net Loss | -16.1 M | -15.3 M |
Tactile Systems Quarterly Net Working Capital |
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Tactile Systems Stock Technical Analysis
Tactile Systems 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
Tactile Systems Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Tactile Systems Technology 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.
Tactile Systems November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tactile Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tactile Systems shares will generate the highest return on investment. By undertsting and applying Tactile Systems stock market strength indicators, traders can identify Tactile Systems Technology entry and exit signals to maximize returns
Tactile Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tactile Systems' price direction in advance. Along with the technical and fundamental analysis of Tactile Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tactile 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 | 0.1537 | |||
| Jensen Alpha | 0.4058 | |||
| Total Risk Alpha | 0.1169 | |||
| Sortino Ratio | 0.166 | |||
| Treynor Ratio | 0.3646 |
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Complementary Tools for Tactile Stock analysis
When running Tactile Systems' price analysis, check to measure Tactile Systems' 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 Tactile Systems is operating at the current time. Most of Tactile Systems' value examination focuses on studying past and present price action to predict the probability of Tactile Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tactile Systems' price. Additionally, you may evaluate how the addition of Tactile Systems to your portfolios can decrease your overall portfolio volatility.
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