Tetra Stock Performance

TTI
 Stock
  

USD 4.16  0.14  3.48%   

Tetra Technologies has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.154, which indicates not very significant fluctuations relative to the market. Let's try to break down what Tetra's beta means in this case. As returns on the market increase, Tetra Technologies returns are expected to increase less than the market. However, during the bear market, the loss on holding Tetra Technologies will be expected to be smaller as well. Although it is important to respect Tetra Technologies current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Tetra Technologies technical indicators, you can presently evaluate if the expected return of 0.17% will be sustainable into the future. Tetra Technologies right now has a risk of 4.25%. Please validate Tetra Technologies downside variance, as well as the relationship between the accumulation distribution and price action indicator to decide if Tetra Technologies will be following its existing price patterns.
  
Tetra Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Tetra Technologies are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly conflicting basic indicators, Tetra Technologies may actually be approaching a critical reversion point that can send shares even higher in November 2022. ...more

Tetra Price Channel

Quick Ratio1.40
Fifty Two Week Low2.3200
Target High Price8.00
Fifty Two Week High5.8200
Target Low Price5.00

Tetra Technologies Relative Risk vs. Return Landscape

If you would invest  396.00  in Tetra Technologies on July 7, 2022 and sell it today you would earn a total of  20.00  from holding Tetra Technologies or generate 5.05% return on investment over 90 days. Tetra Technologies is generating 0.1665% of daily returns assuming volatility of 4.2474% on return distribution over 90 days investment horizon. In other words, 36% of stocks are less volatile than Tetra, and above 97% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Tetra Technologies is expected to generate 3.43 times more return on investment than the market. However, the company is 3.43 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

Tetra Technologies Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tetra Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tetra Technologies, and traders can use it to determine the average amount a Tetra Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0392

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Estimated Market Risk
 4.25
  actual daily
 
 36 %
of total potential
 
3636
Expected Return
 0.17
  actual daily
 
 3 %
of total potential
 
33
Risk-Adjusted Return
 0.04
  actual daily
 
 2 %
of total potential
 
22
Based on monthly moving average Tetra Technologies is performing at about 2% 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 Tetra Technologies by adding it to a well-diversified portfolio.

About Tetra Technologies Performance

To evaluate Tetra Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Tetra Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Tetra Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Tetra Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Tetra's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified oil and gas services company. The company was incorporated in 1981 and is headquartered in The Woodlands, Texas. Tetra Technologies operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1100 people.

Things to note about Tetra Technologies

Checking the ongoing alerts about Tetra Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tetra Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Tetra Technologies Alerts

Equity Alerts and Improvement Suggestions

Tetra Technologies has very high historical volatility over the last 90 days
About 58.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Is Tetra Tech Using Too Much Debt - Simply Wall St
Additionally, take a look at World Market Map. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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Is Tetra Technologies' 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 Tetra Technologies. If investors know Tetra 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 Tetra Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tetra Technologies is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tetra Technologies' 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 Tetra Technologies' market value can be influenced by many factors that don't directly affect Tetra Technologies' 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 Tetra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Tetra Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Technologies' 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.