T2 Biosystms Stock Price on April 5, 2024
| TTOO Stock | USD 5.14 0.08 1.58% |
Below is the normalized historical share price chart for T2 Biosystms extending back to August 07, 2014. 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 T2 Biosystms stands at 5.14, as last reported on the 31st of May, with the highest price reaching 5.41 and the lowest price hitting 5.01 during the day.
If you're considering investing in TTOO Stock, it is important to understand the factors that can impact its price. T2 Biosystms appears to be very risky, given 3 months investment horizon. T2 Biosystms retains Efficiency (Sharpe Ratio) of 0.0404, which indicates the company had a 0.0404% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for T2 Biosystms, which you can use to evaluate the volatility of the entity. Please review T2 Biosystms' standard deviation of 8.79, and Market Risk Adjusted Performance of 0.1638 to confirm if our risk estimates are consistent with your expectations.
At this time, T2 Biosystms' Common Stock Total Equity is very stable compared to the past year. As of the 31st of May 2024, Common Stock Shares Outstanding is likely to grow to about 2.7 M, though Total Stockholder Equity is likely to grow to (26.6 M). . As of the 31st of May 2024, Price To Sales Ratio is likely to drop to 2.16. In addition to that, Price Earnings Ratio is likely to drop to -0.34. TTOO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of August 2014 | 200 Day MA 10.5881 | 50 Day MA 3.5746 | Beta 0.047 |
TTOO |
Sharpe Ratio = 0.0404
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.97 actual daily | 79 79% of assets are less volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average T2 Biosystms 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 T2 Biosystms by adding it to a well-diversified portfolio.
Price Book 14.5044 | Enterprise Value Ebitda (1.17) | Price Sales 2.4063 | Shares Float 6.1 M | Wall Street Target Price 3 |
T2 Biosystms Valuation on April 5, 2024
It is possible to determine the worth of T2 Biosystms on a given historical date. On April 5, 2024 TTOO was worth 2.92 at the beginning of the trading date compared to the closed value of 2.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of T2 Biosystms stock. Still, in general, we apply an absolute valuation method to find T2 Biosystms' 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 T2 Biosystms where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against T2 Biosystms' related companies.
| Open | High | Low | Close | Volume | |
| 2.84 | 3.02 | 2.81 | 2.86 | 126,409 | |
04/05/2024 | 2.92 | 2.99 | 2.75 | 2.83 | 89,941 |
| 2.85 | 2.87 | 2.75 | 2.82 | 65,628 |
| Backtest T2 Biosystms | | | T2 Biosystms History | | | T2 Biosystms Valuation | Previous | Next |
T2 Biosystms Trading Date Momentum on April 5, 2024
| On April 08 2024 T2 Biosystms was traded for 2.82 at the closing time. The top price for the day was 2.87 and the lowest listed price was 2.75 . The trading volume for the day was 65.6 K. The trading history from April 8, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.35% . The trading price change against the current closing price is 10.25% . |
T2 Biosystms Fundamentals Correlations and Trends
By evaluating T2 Biosystms' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among T2 Biosystms' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TTOO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About T2 Biosystms Stock history
T2 Biosystms 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 TTOO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in T2 Biosystms 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 T2 Biosystms stock prices may prove useful in developing a viable investing in T2 Biosystms
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.6 M | 2.7 M | |
| Net Loss | -56.4 M | -59.2 M |
T2 Biosystms Stock Technical Analysis
T2 Biosystms 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
T2 Biosystms Period Price Range
Low | April 5, 2024
| High |
2.92 | 2.83 |
T2 Biosystms May 31, 2024 Market Strength
Market strength indicators help investors to evaluate how T2 Biosystms stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading T2 Biosystms shares will generate the highest return on investment. By undertsting and applying T2 Biosystms stock market strength indicators, traders can identify T2 Biosystms entry and exit signals to maximize returns
| Accumulation Distribution | 7219.34 | |||
| Daily Balance Of Power | (0.38) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 2.87 | |||
| Day Typical Price | 2.86 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | 2.31 |
T2 Biosystms Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for T2 Biosystms' price direction in advance. Along with the technical and fundamental analysis of TTOO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TTOO 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 | 0.0282 | |||
| Jensen Alpha | 0.2415 | |||
| Total Risk Alpha | 0.0685 | |||
| Sortino Ratio | 0.0393 | |||
| Treynor Ratio | 0.1538 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T2 Biosystms. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in TTOO Stock, please use our How to Invest in T2 Biosystms guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running T2 Biosystms' price analysis, check to measure T2 Biosystms' 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 T2 Biosystms is operating at the current time. Most of T2 Biosystms' value examination focuses on studying past and present price action to predict the probability of T2 Biosystms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T2 Biosystms' price. Additionally, you may evaluate how the addition of T2 Biosystms to your portfolios can decrease your overall portfolio volatility.
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Is T2 Biosystms' 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 T2 Biosystms. If investors know TTOO 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 T2 Biosystms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 112.37 | Revenue Per Share 1.864 | Quarterly Revenue Growth (0.01) | Return On Assets (1.00) | Return On Equity (6.22) |
The market value of T2 Biosystms is measured differently than its book value, which is the value of TTOO that is recorded on the company's balance sheet. Investors also form their own opinion of T2 Biosystms' value that differs from its market value or its book value, called intrinsic value, which is T2 Biosystms' 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 T2 Biosystms' market value can be influenced by many factors that don't directly affect T2 Biosystms' 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 T2 Biosystms' value and its price as these two are different measures arrived at by different means. Investors typically determine if T2 Biosystms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T2 Biosystms' 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.