Toughbuilt Industries Stock Price on September 30, 2023
| TBLT Stock | USD 2.97 0.07 2.41% |
Below is the normalized historical share price chart for Toughbuilt Industries extending back to December 03, 2018. 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 Toughbuilt Industries stands at 2.97, as last reported on the 17th of June 2024, with the highest price reaching 3.06 and the lowest price hitting 2.88 during the day.
If you're considering investing in Toughbuilt Stock, it is important to understand the factors that can impact its price. We consider Toughbuilt Industries dangerous. Toughbuilt Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0218, which indicates the firm had a 0.0218% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Toughbuilt Industries, which you can use to evaluate the volatility of the company. Please validate Toughbuilt Industries' Risk Adjusted Performance of (0.01), coefficient of variation of (3,398), and Variance of 34.94 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Toughbuilt Industries' Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 210.9 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 561.2 K in 2024. . At this time, Toughbuilt Industries' Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.01 in 2024, despite the fact that Price To Operating Cash Flows Ratio is likely to grow to (0.45). Toughbuilt Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of November 2018 | 200 Day MA 7.5546 | 50 Day MA 2.6847 | Beta 1.979 |
Toughbuilt |
Sharpe Ratio = 0.0218
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Estimated Market Risk
| 6.17 actual daily | 54 54% of assets are less volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Toughbuilt Industries is performing at about 1% 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 Toughbuilt Industries by adding it to a well-diversified portfolio.
Price Book 0.2294 | Enterprise Value Ebitda (0.12) | Price Sales 0.0212 | Shares Float 565.8 K | Wall Street Target Price 130 |
Toughbuilt Industries Valuation on September 30, 2023
It is possible to determine the worth of Toughbuilt Industries on a given historical date. On September 30, 2023 Toughbuilt was worth 13.0 at the beginning of the trading date compared to the closed value of 12.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Toughbuilt Industries stock. Still, in general, we apply an absolute valuation method to find Toughbuilt Industries' 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 Toughbuilt Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Toughbuilt Industries' related companies.
| Open | High | Low | Close | Volume | |
| 12.97 | 12.97 | 12.68 | 12.84 | 3,324 | |
09/29/2023 | 13.00 | 13.26 | 12.42 | 12.68 | 3,931 |
| 12.30 | 12.42 | 11.70 | 12.19 | 8,582 |
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Toughbuilt Industries Trading Date Momentum on September 30, 2023
| On October 03 2023 Toughbuilt Industries was traded for 12.19 at the closing time. The top price for the day was 12.42 and the lowest listed price was 11.70 . The trading volume for the day was 8.6 K. The trading history from October 3, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 3.86% . The trading price change against the current closing price is 5.13% . |
Toughbuilt Industries Fundamentals Correlations and Trends
By evaluating Toughbuilt Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Toughbuilt Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Toughbuilt financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Toughbuilt Industries Stock history
Toughbuilt Industries 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 Toughbuilt is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Toughbuilt Industries 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 Toughbuilt Industries stock prices may prove useful in developing a viable investing in Toughbuilt Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 116.6 K | 122.4 K | |
| Net Loss | -33.8 M | -32.1 M |
Toughbuilt Industries Stock Technical Analysis
Toughbuilt Industries 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
Toughbuilt Industries Period Price Range
Low | September 29, 2023
| High |
13.00 | 12.68 |
Toughbuilt Industries June 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Toughbuilt Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Toughbuilt Industries shares will generate the highest return on investment. By undertsting and applying Toughbuilt Industries stock market strength indicators, traders can identify Toughbuilt Industries entry and exit signals to maximize returns
| Accumulation Distribution | 249.02 | |||
| Daily Balance Of Power | (0.38) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 12.84 | |||
| Day Typical Price | 12.79 | |||
| Market Facilitation Index | 2.0E-4 | |||
| Price Action Indicator | (0.32) | |||
| Period Momentum Indicator | (9.71) |
Toughbuilt Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Toughbuilt Industries' price direction in advance. Along with the technical and fundamental analysis of Toughbuilt Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Toughbuilt 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 | (0.01) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.06) |
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Additional Tools for Toughbuilt Stock Analysis
When running Toughbuilt Industries' price analysis, check to measure Toughbuilt Industries' 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 Toughbuilt Industries is operating at the current time. Most of Toughbuilt Industries' value examination focuses on studying past and present price action to predict the probability of Toughbuilt Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toughbuilt Industries' price. Additionally, you may evaluate how the addition of Toughbuilt Industries to your portfolios can decrease your overall portfolio volatility.