Tango Therapeutics Stock Price History

TNGX Stock  USD 6.92  0.26  3.90%   
If you're considering investing in Tango Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tango Therapeutics stands at 6.92, as last reported on the 3rd of June, with the highest price reaching 7.14 and the lowest price hitting 6.61 during the day. Tango Therapeutics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22% return per unit of risk over the last 3 months. Tango Therapeutics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tango Therapeutics' Variance of 10.57, coefficient of variation of (454.57), and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide.
  
At this time, Tango Therapeutics' Issuance Of Capital Stock is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to rise to 0.55 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 196.6 M in 2024. . At this time, Tango Therapeutics' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.79 in 2024, whereas Price To Sales Ratio is likely to drop 19.37 in 2024. Tango Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2158

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Estimated Market Risk

 3.26
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.7
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.22
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tango Therapeutics is not performing at its full potential. However, 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 Tango Therapeutics by adding Tango Therapeutics to a well-diversified portfolio.
Price Book
3.1032
Enterprise Value Ebitda
(4.36)
Price Sales
21.5031
Shares Float
46.4 M
Wall Street Target Price
14.86

Tango Therapeutics Stock Price History Chart

There are several ways to analyze Tango Stock price data. The simplest method is using a basic Tango candlestick price chart, which shows Tango Therapeutics price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 8, 202411.15
Lowest PriceMay 30, 20246.66

Tango Therapeutics June 3, 2024 Stock Price Synopsis

Various analyses of Tango Therapeutics' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Tango Stock. It can be used to describe the percentage change in the price of Tango Therapeutics from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Tango Stock.
Tango Therapeutics Price Rate Of Daily Change 1.04 
Tango Therapeutics Price Action Indicator 0.17 
Tango Therapeutics Price Daily Balance Of Power 0.49 

Tango Therapeutics June 3, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Tango Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Tango Therapeutics intraday prices and daily technical indicators to check the level of noise trading in Tango Stock and then apply it to test your longer-term investment strategies against Tango.

Tango Stock Price History Data

The price series of Tango Therapeutics for the period between Tue, Mar 5, 2024 and Mon, Jun 3, 2024 has a statistical range of 4.88 with a coefficient of variation of 16.53. The price distribution for the period has arithmetic mean of 8.16. The median price for the last 90 days is 7.67.
OpenHighLowCloseVolume
06/03/2024
 6.72  7.14  6.61  6.92 
05/31/2024 6.72  7.14  6.61  6.92  817,863 
05/30/2024 6.79  6.98  6.46  6.66  1,047,804 
05/29/2024 6.72  6.79  6.48  6.75  638,243 
05/28/2024 6.96  7.08  6.70  6.85  559,274 
05/24/2024 7.07  7.12  6.68  6.91  707,524 
05/23/2024 6.71  7.69  6.62  7.09  1,224,383 
05/22/2024 7.43  7.57  7.33  7.39  374,795 
05/21/2024 7.63  7.63  7.38  7.47  556,776 
05/20/2024 7.52  7.73  7.44  7.67  295,542 
05/17/2024 7.83  7.83  7.39  7.52  430,285 
05/16/2024 7.82  7.96  7.76  7.79  395,217 
05/15/2024 7.76  7.97  7.67  7.80  612,922 
05/14/2024 7.32  7.64  7.32  7.60  415,337 
05/13/2024 7.21  7.63  7.15  7.31  365,079 
05/10/2024 7.82  7.97  6.92  7.11  453,390 
05/09/2024 7.82  8.38  7.71  7.77  793,362 
05/08/2024 7.70  7.96  7.43  7.91  664,462 
05/07/2024 7.90  8.06  7.79  7.85  490,607 
05/06/2024 7.60  8.02  7.52  7.89  446,370 
05/03/2024 7.76  7.93  7.49  7.61  345,845 
05/02/2024 7.32  7.67  7.32  7.59  477,762 
05/01/2024 7.51  7.81  7.20  7.28  887,167 
04/30/2024 7.75  8.02  7.68  7.70  651,508 
04/29/2024 7.45  7.88  7.40  7.87  433,583 
04/26/2024 7.37  7.50  7.26  7.44  301,906 
04/25/2024 7.54  7.58  7.18  7.33  447,982 
04/24/2024 7.75  7.80  7.49  7.76  364,982 
04/23/2024 7.36  7.92  7.30  7.77  581,751 
04/22/2024 7.34  7.41  7.06  7.31  346,657 
04/19/2024 7.30  7.36  6.93  7.31  526,496 
04/18/2024 7.43  7.60  7.31  7.37  396,770 
04/17/2024 7.40  7.52  7.31  7.46  475,262 
04/16/2024 7.28  7.38  7.10  7.35  360,954 
04/15/2024 7.30  7.55  7.20  7.32  320,486 
04/12/2024 7.61  7.80  7.24  7.36  516,511 
04/11/2024 7.54  7.74  7.29  7.59  312,113 
04/10/2024 7.48  7.66  7.25  7.47  511,251 
04/09/2024 7.43  7.72  7.32  7.70  487,801 
04/08/2024 7.44  7.53  7.34  7.43  327,659 
04/05/2024 7.53  7.76  7.25  7.38  425,811 
04/04/2024 7.91  8.14  7.53  7.64  980,580 
04/03/2024 7.46  7.71  7.35  7.68  1,076,628 
04/02/2024 7.51  7.69  7.05  7.56  777,408 
04/01/2024 7.99  7.99  7.50  7.64  637,959 
03/28/2024 7.71  7.99  7.63  7.94  1,253,705 
03/27/2024 7.53  7.87  7.32  7.70  602,100 
03/26/2024 7.68  7.79  7.48  7.51  480,623 
03/25/2024 7.69  7.93  7.56  7.63  343,683 
03/22/2024 7.97  8.06  7.70  7.73  500,235 
03/21/2024 8.55  8.63  8.19  8.22  521,498 
03/20/2024 8.38  8.51  8.06  8.50  582,302 
03/19/2024 8.31  8.56  8.07  8.15  759,194 
03/18/2024 8.71  8.90  8.29  8.39  1,062,365 
03/15/2024 9.06  9.30  8.93  9.03  3,316,871 
03/14/2024 9.22  9.44  8.83  9.09  1,167,032 
03/13/2024 10.01  10.10  9.18  9.22  1,259,357 
03/12/2024 10.75  10.96  9.88  10.00  830,917 
03/11/2024 11.16  11.34  10.67  10.74  724,007 
03/08/2024 11.17  11.33  10.90  11.15  300,847 
03/07/2024 11.31  11.31  11.00  11.02  257,981 

About Tango Therapeutics Stock history

Tango Therapeutics 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 Tango is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tango Therapeutics 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 Tango Therapeutics stock prices may prove useful in developing a viable investing in Tango Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding94.6 M62.8 M
Net Loss-97.4 M-92.5 M

Tango Therapeutics Quarterly Net Working Capital

309.25 Million

Tango Therapeutics Stock Technical Analysis

Tango Therapeutics 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.
A focus of Tango Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tango Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Tango Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tango Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Tango Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tango 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.
When determining whether Tango Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tango Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tango Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tango Therapeutics Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tango Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Tango Stock please use our How to Invest in Tango Therapeutics guide.
Note that the Tango Therapeutics information on this page should be used as a complementary analysis to other Tango Therapeutics' 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Tango Therapeutics' price analysis, check to measure Tango Therapeutics' 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 Tango Therapeutics is operating at the current time. Most of Tango Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tango Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tango Therapeutics' price. Additionally, you may evaluate how the addition of Tango Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Tango Therapeutics' 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 Tango Therapeutics. If investors know Tango 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 Tango Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
0.374
Quarterly Revenue Growth
0.122
Return On Assets
(0.19)
Return On Equity
(0.45)
The market value of Tango Therapeutics is measured differently than its book value, which is the value of Tango that is recorded on the company's balance sheet. Investors also form their own opinion of Tango Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Tango Therapeutics' 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 Tango Therapeutics' market value can be influenced by many factors that don't directly affect Tango Therapeutics' 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 Tango Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tango Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tango Therapeutics' 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.