Tenable Holdings Stock Forecast - Day Median Price

TENB Stock  USD 42.74  0.30  0.71%   
Tenable Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tenable Holdings stock prices and determine the direction of Tenable Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tenable Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Tenable Holdings' Fixed Asset Turnover is projected to drop slightly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.77, whereas Inventory Turnover is forecasted to decline to 2.80. . As of November 26, 2024, Common Stock Shares Outstanding is expected to decline to about 93.2 M. In addition to that, Net Loss is expected to decline to about (87.1 M).
On November 21, 2024 Tenable Holdings had Day Median Price of 41.52. Median Price is the statistical median of an asset price for a given trading period.
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Tenable Holdings Trading Date Momentum

On November 22 2024 Tenable Holdings was traded for  42.44  at the closing time. The top price for the day was 42.70  and the lowest listed price was  41.99 . The trading volume for the day was 982.1 K. The trading history from November 22, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 1.41% . The trading price change against the current closing price is 2.20% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Tenable Holdings

For every potential investor in Tenable, whether a beginner or expert, Tenable Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tenable Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tenable. Basic forecasting techniques help filter out the noise by identifying Tenable Holdings' price trends.

Tenable Holdings Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tenable Holdings stock to make a market-neutral strategy. Peer analysis of Tenable Holdings could also be used in its relative valuation, which is a method of valuing Tenable Holdings by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Tenable Holdings Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Tenable Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Tenable Holdings' current price.

Tenable Holdings Market Strength Events

Market strength indicators help investors to evaluate how Tenable Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tenable Holdings shares will generate the highest return on investment. By undertsting and applying Tenable Holdings stock market strength indicators, traders can identify Tenable Holdings entry and exit signals to maximize returns.

Tenable Holdings Risk Indicators

The analysis of Tenable Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Tenable Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tenable stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tenable Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenable Holdings' 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 Tenable Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenable Holdings Stock:
Check out Historical Fundamental Analysis of Tenable Holdings to cross-verify your projections.
For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Systems Software space 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 Tenable Holdings. If investors know Tenable 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 Tenable Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Revenue Per Share
7.435
Quarterly Revenue Growth
0.127
Return On Assets
(0.01)
Return On Equity
(0.16)
The market value of Tenable Holdings is measured differently than its book value, which is the value of Tenable that is recorded on the company's balance sheet. Investors also form their own opinion of Tenable Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tenable Holdings' 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 Tenable Holdings' market value can be influenced by many factors that don't directly affect Tenable Holdings' 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 Tenable Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenable Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenable Holdings' 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.