Tuesday Morning Corp Stock Market Value
| TUEM Stock | USD 0.0001 0.00 0.00% |
| Symbol | Tuesday |
Tuesday Morning Corp Price To Book Ratio
Is Tuesday Morning'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 Tuesday Morning. If investors know Tuesday 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 Tuesday Morning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (0.59) | Revenue Per Share 248.967 | Quarterly Revenue Growth (0.11) | Return On Assets (0.11) |
The market value of Tuesday Morning Corp is measured differently than its book value, which is the value of Tuesday that is recorded on the company's balance sheet. Investors also form their own opinion of Tuesday Morning's value that differs from its market value or its book value, called intrinsic value, which is Tuesday Morning'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 Tuesday Morning's market value can be influenced by many factors that don't directly affect Tuesday Morning'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 Tuesday Morning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tuesday Morning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tuesday Morning'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.
Tuesday Morning 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tuesday Morning's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tuesday Morning.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Tuesday Morning on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Tuesday Morning Corp or generate 0.0% return on investment in Tuesday Morning over 30 days. Tuesday Morning is related to or competes with MercadoLibre, Pinduoduo, JD, Alibaba Group, Sea, Etsy, and Vipshop Holdings. Tuesday Morning Corporation operates as an off-price retailer in the United States More
Tuesday Morning Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tuesday Morning's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tuesday Morning Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0579 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Tuesday Morning Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tuesday Morning's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tuesday Morning's standard deviation. In reality, there are many statistical measures that can use Tuesday Morning historical prices to predict the future Tuesday Morning's volatility.| Risk Adjusted Performance | 0.0473 | |||
| Jensen Alpha | 1.55 | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (0.68) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tuesday Morning's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tuesday Morning Corp Backtested Returns
We have found eighteen technical indicators for Tuesday Morning Corp, which you can use to evaluate the volatility of the company. Please validate Tuesday Morning's Variance of 561.1, coefficient of variation of 1645.66, and Risk Adjusted Performance of 0.0473 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%. The entity has a beta of -2.09, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Tuesday Morning are expected to decrease by larger amounts. On the other hand, during market turmoil, Tuesday Morning is expected to outperform it. Tuesday Morning Corp right now has a risk of 0.0%. Please validate Tuesday Morning coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Tuesday Morning will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Tuesday Morning Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Tuesday Morning time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tuesday Morning Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Tuesday Morning price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tuesday Morning Corp lagged returns against current returns
Autocorrelation, which is Tuesday Morning stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Tuesday Morning's stock expected returns. We can calculate the autocorrelation of Tuesday Morning returns to help us make a trade decision. For example, suppose you find that Tuesday Morning has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Tuesday Morning regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Tuesday Morning stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tuesday Morning stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tuesday Morning stock over time.
Current vs Lagged Prices |
| Timeline |
Tuesday Morning Lagged Returns
When evaluating Tuesday Morning's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tuesday Morning stock have on its future price. Tuesday Morning autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Tuesday Morning autocorrelation shows the relationship between Tuesday Morning stock current value and its past values and can show if there is a momentum factor associated with investing in Tuesday Morning Corp.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tuesday Morning in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tuesday Morning's short interest history, or implied volatility extrapolated from Tuesday Morning options trading.
Currently Active Assets on Macroaxis
When determining whether Tuesday Morning Corp is a strong investment it is important to analyze Tuesday Morning's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tuesday Morning's future performance. For an informed investment choice regarding Tuesday Stock, refer to the following important reports:Check out Tuesday Morning Correlation, Tuesday Morning Volatility and Tuesday Morning Alpha and Beta module to complement your research on Tuesday Morning. Note that the Tuesday Morning Corp information on this page should be used as a complementary analysis to other Tuesday Morning'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Tuesday Stock analysis
When running Tuesday Morning's price analysis, check to measure Tuesday Morning'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 Tuesday Morning is operating at the current time. Most of Tuesday Morning's value examination focuses on studying past and present price action to predict the probability of Tuesday Morning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tuesday Morning's price. Additionally, you may evaluate how the addition of Tuesday Morning to your portfolios can decrease your overall portfolio volatility.
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Tuesday Morning 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.