Techprecision Common Stock Price on June 23, 2022
| TPCS Stock | USD 5.02 0.08 1.57% |
Below is the normalized historical share price chart for TechPrecision Common extending back to November 01, 2007. 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 TechPrecision Common stands at 5.02, as last reported on the 23rd of April, with the highest price reaching 5.15 and the lowest price hitting 4.91 during the day.
If you're considering investing in TechPrecision Stock, it is important to understand the factors that can impact its price. TechPrecision Common appears to be very risky, given 3 months investment horizon. TechPrecision Common owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0912, which indicates the firm had a 0.0912% return per unit of risk over the last 3 months. By inspecting TechPrecision Common's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please review TechPrecision Common's Risk Adjusted Performance of 0.0547, coefficient of variation of 1345.46, and Semi Deviation of 3.85 to confirm if our risk estimates are consistent with your expectations.
At this time, TechPrecision Common's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 18.1 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 6.7 M in 2024. . At this time, TechPrecision Common's Price To Sales Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 24.73 in 2024, whereas Price Book Value Ratio is likely to drop 4.55 in 2024. TechPrecision Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of September 2013 | 200 Day MA 5.8438 | 50 Day MA 4.1102 | Beta 0.484 |
TechPrecision |
Sharpe Ratio = 0.0912
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TPCS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.29 actual daily | 73 73% of assets are less volatile |
Expected Return
| 0.76 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average TechPrecision Common is performing at about 7% 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 TechPrecision Common by adding it to a well-diversified portfolio.
Price Book 3.727 | Enterprise Value Ebitda (110.66) | Price Sales 1.5686 | Shares Float 8.1 M | Wall Street Target Price 3 |
TechPrecision Common Valuation on June 23, 2022
It is possible to determine the worth of TechPrecision Common on a given historical date. On June 23, 2022 TechPrecision was worth 1.7 at the beginning of the trading date compared to the closed value of 6.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TechPrecision Common stock. Still, in general, we apply an absolute valuation method to find TechPrecision Common'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 TechPrecision Common where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TechPrecision Common's related companies.
| Open | High | Low | Close | Volume | |
| 1.64 | 6.76 | 6.76 | 6.76 | 8,261 | |
06/23/2022 | 1.70 | 6.60 | 6.60 | 6.60 | 3,568 |
| 1.66 | 6.40 | 6.40 | 6.40 | 15,611 |
| Backtest TechPrecision Common | | | TechPrecision Common History | | | TechPrecision Common Valuation | Previous | Next |
TechPrecision Common Trading Date Momentum on June 23, 2022
| On June 24 2022 TechPrecision Common was traded for 6.40 at the closing time. The top price for the day was 6.40 and the lowest listed price was 6.40 . The trading volume for the day was 15.6 K. The trading history from June 24, 2022 was a factor to the next trading day price decrease. The trading price change against the next closing price was 3.03% . The trading price change against the current closing price is 76.52% . |
TechPrecision Common Fundamentals Correlations and Trends
By evaluating TechPrecision Common'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 TechPrecision Common's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TechPrecision financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TechPrecision Common Stock history
TechPrecision Common 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 TechPrecision is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TechPrecision Common 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 TechPrecision Common stock prices may prove useful in developing a viable investing in TechPrecision Common
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.9 M | 6.7 M | |
| Net Loss | -881.1 K | -837 K |
TechPrecision Common Stock Technical Analysis
TechPrecision Common 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
TechPrecision Common Period Price Range
Low | June 23, 2022
| High |
1.70 | 6.60 |
TechPrecision Common April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how TechPrecision Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TechPrecision Common shares will generate the highest return on investment. By undertsting and applying TechPrecision Common stock market strength indicators, traders can identify TechPrecision Common entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 3.88 | |||
| Day Median Price | 6.6 | |||
| Day Typical Price | 6.6 | |||
| Price Action Indicator | 2.45 | |||
| Period Momentum Indicator | (1.58) |
TechPrecision Common Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TechPrecision Common's price direction in advance. Along with the technical and fundamental analysis of TechPrecision Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TechPrecision 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 | 0.0547 | |||
| Jensen Alpha | 0.4791 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.1167 | |||
| Treynor Ratio | 0.3973 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TechPrecision Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.Note that the TechPrecision Common information on this page should be used as a complementary analysis to other TechPrecision Common's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for TechPrecision Stock analysis
When running TechPrecision Common's price analysis, check to measure TechPrecision Common'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 TechPrecision Common is operating at the current time. Most of TechPrecision Common's value examination focuses on studying past and present price action to predict the probability of TechPrecision Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechPrecision Common's price. Additionally, you may evaluate how the addition of TechPrecision Common to your portfolios can decrease your overall portfolio volatility.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |
Is TechPrecision Common's industry 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 TechPrecision Common. If investors know TechPrecision 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 TechPrecision Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 3.515 | Quarterly Revenue Growth (0.08) | Return On Assets (0.05) | Return On Equity (0.21) |
The market value of TechPrecision Common is measured differently than its book value, which is the value of TechPrecision that is recorded on the company's balance sheet. Investors also form their own opinion of TechPrecision Common's value that differs from its market value or its book value, called intrinsic value, which is TechPrecision Common'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 TechPrecision Common's market value can be influenced by many factors that don't directly affect TechPrecision Common'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 TechPrecision Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if TechPrecision Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TechPrecision Common'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.