Traeger Stock Price on September 30, 2023
| COOK Stock | USD 3.74 0.09 2.35% |
If you're considering investing in Traeger Stock, it is important to understand the factors that can impact its price. As of today, the current price of Traeger stands at 3.74, as last reported on the 21st of September, with the highest price reaching 3.82 and the lowest price hitting 3.67 during the day. Traeger appears to be risky, given 3 months investment horizon. Traeger owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Traeger's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please review Traeger's Coefficient Of Variation of 627.53, semi deviation of 3.9, and Risk Adjusted Performance of 0.1376 to confirm if our risk estimates are consistent with your expectations.
At this time, Traeger's Total Stockholder Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 130 M this year, although the value of Capital Stock will most likely fall to 8,140. . Price Earnings To Growth Ratio is expected to rise to 0.05 this year, although the value of Price To Sales Ratio will most likely fall to 0.53. Traeger Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Traeger |
Sharpe Ratio = 0.1657
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Estimated Market Risk
| 5.64 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 12 88% of assets perform better |
Based on monthly moving average Traeger is performing at about 12% 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 Traeger by adding it to a well-diversified portfolio.
Price Book 1.6679 | Enterprise Value Ebitda 22.9918 | Price Sales 0.8143 | Shares Float 77.7 M | Wall Street Target Price 3.51 |
Traeger Valuation on September 30, 2023
It is possible to determine the worth of Traeger on a given historical date. On September 30, 2023 Traeger was worth 2.85 at the beginning of the trading date compared to the closed value of 2.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Traeger stock. Still, in general, we apply an absolute valuation method to find Traeger'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 Traeger where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Traeger's related companies.
| Open | High | Low | Close | Volume | |
| 2.59 | 2.69 | 2.43 | 2.67 | 1,270,769 | |
09/29/2023 | 2.85 | 2.85 | 2.63 | 2.73 | 1,160,524 |
| 2.71 | 2.87 | 2.71 | 2.75 | 560,819 |
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Traeger Trading Date Momentum on September 30, 2023
| On October 02 2023 Traeger was traded for 2.75 at the closing time. The top price for the day was 2.87 and the lowest listed price was 2.71 . The trading volume for the day was 560.8 K. The trading history from October 2, 2023 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 0.73% . The trading price change against the current closing price is 3.30% . |
Traeger Fundamentals Correlations and Trends
By evaluating Traeger'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 Traeger's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Traeger financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Traeger Stock history
Traeger 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 Traeger is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Traeger 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 Traeger stock prices may prove useful in developing a viable investing in Traeger
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 123.7 M | 130 M | |
| Net Loss | -343.9 M | -326.7 M |
Traeger Quarterly Net Working Capital |
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Traeger Stock Technical Analysis
Traeger 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
Traeger Period Price Range
Low | September 21, 2024
| High |
0.00 | 0.00 |
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Traeger September 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Traeger stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Traeger shares will generate the highest return on investment. By undertsting and applying Traeger stock market strength indicators, traders can identify Traeger entry and exit signals to maximize returns
Traeger Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Traeger's price direction in advance. Along with the technical and fundamental analysis of Traeger Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Traeger 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 | 0.1376 | |||
| Jensen Alpha | 0.7068 | |||
| Total Risk Alpha | 0.0934 | |||
| Sortino Ratio | 0.1778 | |||
| Treynor Ratio | 0.5346 |
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Additional Information and Resources on Investing in Traeger Stock
When determining whether Traeger is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Traeger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Traeger Stock. Highlighted below are key reports to facilitate an investment decision about Traeger Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Traeger. 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. For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Traeger. If investors know Traeger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Traeger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.41) | Revenue Per Share 4.742 | Quarterly Revenue Growth (0.02) | Return On Assets (0.01) | Return On Equity (0.16) |
The market value of Traeger is measured differently than its book value, which is the value of Traeger that is recorded on the company's balance sheet. Investors also form their own opinion of Traeger's value that differs from its market value or its book value, called intrinsic value, which is Traeger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Traeger's market value can be influenced by many factors that don't directly affect Traeger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Traeger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Traeger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Traeger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.