Tenaya Therapeutics Stock Technical Analysis
| TNYA Stock | USD 3.57 0.28 8.51% |
As of the 29th of November, Tenaya Therapeutics has the Semi Deviation of 4.67, risk adjusted performance of 0.0639, and Coefficient Of Variation of 1394.08. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tenaya Therapeutics, as well as the relationship between them.
Tenaya Therapeutics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tenaya, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TenayaTenaya |
Tenaya Therapeutics Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 21.33 | Strong Buy | 9 | Odds |
Most Tenaya analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Tenaya stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tenaya Therapeutics, talking to its executives and customers, or listening to Tenaya conference calls.
Tenaya Therapeutics 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.
Tenaya Therapeutics Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Tenaya Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tenaya Therapeutics Trend Analysis
Use this graph to draw trend lines for Tenaya Therapeutics. You can use it to identify possible trend reversals for Tenaya Therapeutics as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Tenaya Therapeutics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tenaya Therapeutics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tenaya Therapeutics applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Tenaya Therapeutics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.63, which is the sum of squared deviations for the predicted Tenaya Therapeutics price change compared to its average price change.About Tenaya Therapeutics Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Tenaya Therapeutics on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Tenaya Therapeutics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tenaya Therapeutics price pattern first instead of the macroeconomic environment surrounding Tenaya Therapeutics. By analyzing Tenaya Therapeutics's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Tenaya Therapeutics's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Tenaya Therapeutics specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Current Ratio | 11.73 | 7.99 | 4.91 | 4.66 | Net Debt To EBITDA | 0.36 | 0.7 | 0.27 | 0.26 |
Tenaya Therapeutics November 29, 2024 Technical Indicators
Most technical analysis of Tenaya help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Tenaya from various momentum indicators to cycle indicators. When you analyze Tenaya charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0639 | |||
| Market Risk Adjusted Performance | 0.2474 | |||
| Mean Deviation | 5.62 | |||
| Semi Deviation | 4.67 | |||
| Downside Deviation | 4.96 | |||
| Coefficient Of Variation | 1394.08 | |||
| Standard Deviation | 7.5 | |||
| Variance | 56.29 | |||
| Information Ratio | 0.055 | |||
| Jensen Alpha | 0.2715 | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | 0.0832 | |||
| Treynor Ratio | 0.2374 | |||
| Maximum Drawdown | 38.23 | |||
| Value At Risk | (6.88) | |||
| Potential Upside | 12.11 | |||
| Downside Variance | 24.63 | |||
| Semi Variance | 21.79 | |||
| Expected Short fall | (8.97) | |||
| Skewness | 1.36 | |||
| Kurtosis | 2.46 |
Complementary Tools for Tenaya Stock analysis
When running Tenaya Therapeutics' price analysis, check to measure Tenaya 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 Tenaya Therapeutics is operating at the current time. Most of Tenaya Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tenaya Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaya Therapeutics' price. Additionally, you may evaluate how the addition of Tenaya Therapeutics to your portfolios can decrease your overall portfolio volatility.
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