Turning Point Brands Stock Price on September 30, 2023
| TPB Stock | USD 61.41 0.89 1.43% |
Below is the normalized historical share price chart for Turning Point Brands extending back to May 11, 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 Turning Point stands at 61.41, as last reported on the 28th of November, with the highest price reaching 63.17 and the lowest price hitting 61.22 during the day.
If you're considering investing in Turning Stock, it is important to understand the factors that can impact its price. Turning Point appears to be very steady, given 3 months investment horizon. Turning Point Brands owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.34, which indicates the firm had a 0.34% return per unit of risk over the last 3 months. By inspecting Turning Point's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review Turning Point's Risk Adjusted Performance of 0.2701, semi deviation of 0.762, and Coefficient Of Variation of 290.41 to confirm if our risk estimates are consistent with your expectations.
At present, Turning Point's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 20.8 M, whereas Common Stock Total Equity is forecasted to decline to about 123.9 K. . At present, Turning Point's Price Book Value Ratio is projected to increase based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.05, whereas Price To Sales Ratio is forecasted to decline to 1.02. Turning Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of May 2016 | 200 Day MA 36.1946 | 50 Day MA 47.786 | Beta 0.63 |
Turning |
Sharpe Ratio = 0.341
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average Turning Point is performing at about 26% 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 Turning Point by adding it to a well-diversified portfolio.
Price Book 5.8531 | Enterprise Value Ebitda 13.8761 | Price Sales 2.6545 | Shares Float 16.5 M | Dividend Share 0.275 |
Turning Point Valuation on September 30, 2023
It is possible to determine the worth of Turning Point on a given historical date. On September 30, 2023 Turning was worth 23.07 at the beginning of the trading date compared to the closed value of 22.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Turning Point stock. Still, in general, we apply an absolute valuation method to find Turning Point'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 Turning Point where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Turning Point's related companies.
| Open | High | Low | Close | Volume | |
| 22.88 | 23.31 | 22.82 | 22.97 | 82,900 | |
09/29/2023 | 23.07 | 23.35 | 22.72 | 22.88 | 108,000 |
| 22.73 | 22.86 | 22.47 | 22.74 | 84,200 |
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Turning Point Trading Date Momentum on September 30, 2023
| On October 02 2023 Turning Point Brands was traded for 22.74 at the closing time. Highest Turning Point's price during the trading hours was 22.86 and the lowest price during the day was 22.47 . The net volume was 84.2 K. The overall trading history on the 2nd of October contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.61% . The trading price change to current price is 1.40% . |
Turning Point Brands Fundamentals Correlations and Trends
By evaluating Turning Point'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 Turning Point's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Turning financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Turning Point Stock history
Turning Point 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 Turning is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turning Point Brands 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 Turning Point stock prices may prove useful in developing a viable investing in Turning Point
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 20.5 M | 20.8 M | |
| Net Income Applicable To Common Shares | 13.4 M | 19.9 M |
Turning Point Quarterly Net Working Capital |
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Turning Point Stock Technical Analysis
Turning Point 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
Turning Point Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Turning Point Brands cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Turning Point November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Turning Point stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turning Point shares will generate the highest return on investment. By undertsting and applying Turning Point stock market strength indicators, traders can identify Turning Point Brands entry and exit signals to maximize returns
Turning Point Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Turning Point's price direction in advance. Along with the technical and fundamental analysis of Turning Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Turning 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 | 0.2701 | |||
| Jensen Alpha | 0.6213 | |||
| Total Risk Alpha | 0.3875 | |||
| Sortino Ratio | 0.4271 | |||
| Treynor Ratio | 1.07 |
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Complementary Tools for Turning Stock analysis
When running Turning Point's price analysis, check to measure Turning Point'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 Turning Point is operating at the current time. Most of Turning Point's value examination focuses on studying past and present price action to predict the probability of Turning Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turning Point's price. Additionally, you may evaluate how the addition of Turning Point to your portfolios can decrease your overall portfolio volatility.
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