Alpha Tau Medical Stock Price on November 29, 2024
| DRTS Stock | USD 2.80 0.06 2.10% |
If you're considering investing in Alpha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alpha Tau stands at 2.80, as last reported on the 29th of November, with the highest price reaching 2.98 and the lowest price hitting 2.71 during the day. Alpha Tau appears to be unstable, given 3 months investment horizon. Alpha Tau Medical secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Alpha Tau Medical, which you can use to evaluate the volatility of the firm. Please makes use of Alpha Tau's Downside Deviation of 2.49, mean deviation of 2.36, and Risk Adjusted Performance of 0.1014 to double-check if our risk estimates are consistent with your expectations.
At this time, Alpha Tau's Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 210.2 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 77.9 M in 2024. . At this time, Alpha Tau's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.36 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (12.17) in 2024. Alpha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alpha |
Sharpe Ratio = 0.1053
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DRTS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.16 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Alpha Tau is performing at about 8% 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 Alpha Tau by adding it to a well-diversified portfolio.
Price Book 2.8284 | Book Value 1.212 | Enterprise Value 143.6 M | Enterprise Value Ebitda (4.77) | Shares Float 52 M |
Alpha Tau Valuation on November 29, 2024
It is possible to determine the worth of Alpha Tau on a given historical date. On November 29, 2024 Alpha was worth 2.94 at the beginning of the trading date compared to the closed value of 2.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alpha Tau stock. Still, in general, we apply an absolute valuation method to find Alpha Tau's 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 Alpha Tau where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alpha Tau's related companies.
| Open | High | Low | Close | Volume | |
| 2.94 | 2.98 | 2.71 | 2.80 | 119,928 | |
11/29/2024 | 2.94 | 2.98 | 2.71 | 2.80 | 0.00 |
| Backtest Alpha Tau | | | Alpha Tau History | | | Alpha Tau Valuation | Previous |
Alpha Tau Trading Date Momentum on November 29, 2024
| On November 29 2024 Alpha Tau Medical was traded for 2.80 at the closing time. The top price for the day was 2.98 and the lowest listed price was 2.71 . There was no trading activity during the period 0.0. Lack of trading volume on November 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 5.00% . |
Alpha Tau Medical Fundamentals Correlations and Trends
By evaluating Alpha Tau's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alpha Tau's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alpha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alpha Tau Stock history
Alpha Tau 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 Alpha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alpha Tau Medical 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 Alpha Tau stock prices may prove useful in developing a viable investing in Alpha Tau
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 69.4 M | 61.9 M | |
| Net Loss | -30.4 M | -31.9 M |
Alpha Tau Quarterly Net Working Capital |
|
Alpha Tau Stock Technical Analysis
Alpha Tau 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
Alpha Tau Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Alpha Tau Medical cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alpha Tau November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Alpha Tau stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alpha Tau shares will generate the highest return on investment. By undertsting and applying Alpha Tau stock market strength indicators, traders can identify Alpha Tau Medical entry and exit signals to maximize returns
Alpha Tau Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alpha Tau's price direction in advance. Along with the technical and fundamental analysis of Alpha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alpha 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 | 0.1014 | |||
| Jensen Alpha | 0.3566 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.1122 | |||
| Treynor Ratio | 1.2 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Alpha Stock Analysis
When running Alpha Tau's price analysis, check to measure Alpha Tau'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 Alpha Tau is operating at the current time. Most of Alpha Tau's value examination focuses on studying past and present price action to predict the probability of Alpha Tau's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Tau's price. Additionally, you may evaluate how the addition of Alpha Tau to your portfolios can decrease your overall portfolio volatility.