TRACON Pharmaceuticals Price on March 11, 2024
TCONDelisted Stock | USD 1.60 0.55 52.38% |
If you're considering investing in TRACON Stock, it is important to understand the factors that can impact its price. As of today, the current price of TRACON Pharmaceuticals stands at 1.60, as last reported on the 1st of December, with the highest price reaching 1.71 and the lowest price hitting 0.85 during the day. We have found twenty-three technical indicators for TRACON Pharmaceuticals, which you can use to evaluate the volatility of the company. Please validate TRACON Pharmaceuticals' standard deviation of 11.21, and Risk Adjusted Performance of (0.12) to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
TRACON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Based on monthly moving average TRACON Pharmaceuticals 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 TRACON Pharmaceuticals by adding TRACON Pharmaceuticals to a well-diversified portfolio.
TRACON Pharmaceuticals Main Headline on 11th of March 2024
Acquisition by Charles Theuer of 4500 shares of TRACON Pharm... by MacroaxisInsider
Filed transaction by TRACON Pharmaceuticals Officer President And Ceo. Grant, award or other acquisition pursuant to Rule 16b-3
TRACON Pharmaceuticals Valuation on March 11, 2024
It is possible to determine the worth of TRACON Pharmaceuticals on a given historical date. On March 11, 2024 TRACON was worth 5.0 at the beginning of the trading date compared to the closed value of 5.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TRACON Pharmaceuticals stock. Still, in general, we apply an absolute valuation method to find TRACON Pharmaceuticals' 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 TRACON Pharmaceuticals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TRACON Pharmaceuticals' related companies.
Open | High | Low | Close | Volume | |
4.56 | 5.20 | 4.50 | 4.94 | 269,671 | |
03/11/2024 | 5.00 | 5.88 | 4.62 | 5.80 | 385,003 |
6.31 | 8.03 | 6.30 | 7.80 | 929,889 |
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TRACON Pharmaceuticals Trading Date Momentum on March 11, 2024
On March 12 2024 TRACON Pharmaceuticals was traded for 7.80 at the closing time. The top price for the day was 8.03 and the lowest listed price was 6.30 . The trading volume for the day was 929.9 K. The trading history from March 12, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 34.48% . The trading price change against the current closing price is 27.59% . |
TRACON Pharmaceuticals Fundamentals Correlations and Trends
By evaluating TRACON Pharmaceuticals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TRACON Pharmaceuticals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TRACON financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TRACON Pharmaceuticals Stock history
TRACON Pharmaceuticals 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 TRACON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TRACON Pharmaceuticals 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 TRACON Pharmaceuticals stock prices may prove useful in developing a viable investing in TRACON Pharmaceuticals
TRACON Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapeutics for cancer in the United States. TRACON Pharmaceuticals, Inc. was incorporated in 2004 and is headquartered in San Diego, California. Tracon Pharma operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 19 people.
TRACON Pharmaceuticals Stock Technical Analysis
TRACON Pharmaceuticals 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
TRACON Pharmaceuticals Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
TRACON Pharmaceuticals 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.
TRACON Pharmaceuticals December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how TRACON Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TRACON Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying TRACON Pharmaceuticals stock market strength indicators, traders can identify TRACON Pharmaceuticals entry and exit signals to maximize returns
TRACON Pharmaceuticals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TRACON Pharmaceuticals' price direction in advance. Along with the technical and fundamental analysis of TRACON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TRACON 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 | (0.12) | |||
Jensen Alpha | (2.00) | |||
Total Risk Alpha | (3.72) | |||
Treynor Ratio | (1.51) |
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in TRACON Stock
If you are still planning to invest in TRACON Pharmaceuticals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TRACON Pharmaceuticals' history and understand the potential risks before investing.
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