Talis Biomedical Corp Stock Price on March 27, 2024
| TLIS Stock | USD 9.18 0.00 0.00% |
If you're considering investing in Talis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Talis Biomedical stands at 9.18, as last reported on the 11th of June 2024, with the highest price reaching 9.18 and the lowest price hitting 9.00 during the day. We consider Talis Biomedical slightly risky. Talis Biomedical Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0454, which indicates the firm had a 0.0454% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Talis Biomedical Corp, which you can use to evaluate the volatility of the company. Please validate Talis Biomedical's Coefficient Of Variation of 1243.2, risk adjusted performance of 0.0569, and Semi Deviation of 2.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.0985%.
At this time, Talis Biomedical's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 639.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.5 M in 2024. . At this time, Talis Biomedical's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 0.21 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (0.27) in 2024. Talis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Talis |
Sharpe Ratio = 0.0454
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| Cash | Small Risk | TLIS | High Risk | Huge Risk |
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Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Talis Biomedical is performing at about 3% 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 Talis Biomedical by adding it to a well-diversified portfolio.
Price Book 0.2241 | Enterprise Value Ebitda 0.6295 | Price Sales 7.2572 | Shares Float 1 M | Wall Street Target Price 5 |
Talis Biomedical Valuation on March 27, 2024
It is possible to determine the worth of Talis Biomedical on a given historical date. On March 27, 2024 Talis was worth 8.88 at the beginning of the trading date compared to the closed value of 8.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Talis Biomedical stock. Still, in general, we apply an absolute valuation method to find Talis Biomedical'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 Talis Biomedical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Talis Biomedical's related companies.
| Open | High | Low | Close | Volume | |
| 9.00 | 9.00 | 9.00 | 9.00 | 837.00 | |
03/27/2024 | 8.88 | 9.00 | 8.88 | 8.88 | 3,253 |
| 8.75 | 8.97 | 8.75 | 8.75 | 3,689 |
| Backtest Talis Biomedical | | | Talis Biomedical History | | | Talis Biomedical Valuation | Previous | Next |
Talis Biomedical Trading Date Momentum on March 27, 2024
| On March 28 2024 Talis Biomedical Corp was traded for 8.75 at the closing time. The top price for the day was 8.97 and the lowest listed price was 8.75 . The trading volume for the day was 3.7 K. The trading history from March 28, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.46% . The trading price change against the current closing price is 4.95% . |
Talis Biomedical Corp Fundamentals Correlations and Trends
By evaluating Talis Biomedical'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 Talis Biomedical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Talis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Talis Biomedical Stock history
Talis Biomedical 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 Talis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Talis Biomedical Corp 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 Talis Biomedical stock prices may prove useful in developing a viable investing in Talis Biomedical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 M | 1.5 M | |
| Net Loss | -101.7 M | -106.8 M |
Talis Biomedical Quarterly Net Working Capital |
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Talis Biomedical Stock Technical Analysis
Talis Biomedical 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
Talis Biomedical Period Price Range
Low | March 27, 2024
| High |
8.88 | 8.88 |
Talis Biomedical June 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Talis Biomedical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Talis Biomedical shares will generate the highest return on investment. By undertsting and applying Talis Biomedical stock market strength indicators, traders can identify Talis Biomedical Corp entry and exit signals to maximize returns
| Accumulation Distribution | 43.37 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 8.94 | |||
| Day Typical Price | 8.92 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | 0.3 |
Talis Biomedical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Talis Biomedical's price direction in advance. Along with the technical and fundamental analysis of Talis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Talis 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 | 0.0569 | |||
| Jensen Alpha | 0.1722 | |||
| Total Risk Alpha | 0.168 | |||
| Sortino Ratio | 0.0768 | |||
| Treynor Ratio | (11.79) |
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Additional Tools for Talis Stock Analysis
When running Talis Biomedical's price analysis, check to measure Talis Biomedical'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 Talis Biomedical is operating at the current time. Most of Talis Biomedical's value examination focuses on studying past and present price action to predict the probability of Talis Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Talis Biomedical's price. Additionally, you may evaluate how the addition of Talis Biomedical to your portfolios can decrease your overall portfolio volatility.