Taitron Components Incorporated Stock Price on November 8, 2024
| TAIT Stock | USD 2.64 0.03 1.15% |
Below is the normalized historical share price chart for Taitron Components Incorporated extending back to April 19, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Taitron Components stands at 2.64, as last reported on the 22nd of November, with the highest price reaching 2.64 and the lowest price hitting 2.61 during the day.
If you're considering investing in Taitron Stock, it is important to understand the factors that can impact its price. Taitron Components owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0977, which indicates the firm had a -0.0977% return per unit of risk over the last 3 months. Taitron Components Incorporated exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taitron Components' Coefficient Of Variation of (866.34), risk adjusted performance of (0.08), and Variance of 1.31 to confirm the risk estimate we provide.
At this time, Taitron Components' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 11.8 M in 2024, whereas Common Stock is likely to drop 4,800 in 2024. . At this time, Taitron Components' Price Fair Value is comparatively stable compared to the past year. Taitron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of May 1995 | 200 Day MA 2.9676 | 50 Day MA 2.8564 | Beta 0.471 |
Taitron |
Sharpe Ratio = -0.0977
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| Negative Returns | TAIT |
Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taitron Components 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 Taitron Components by adding Taitron Components to a well-diversified portfolio.
Price Book 0.9263 | Enterprise Value Ebitda 30.7643 | Price Sales 3.3238 | Shares Float 3.1 M | Earnings Share 0.23 |
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Taitron Components Valuation on November 8, 2024
It is possible to determine the worth of Taitron Components on a given historical date. On November 8, 2024 Taitron was worth 2.8 at the beginning of the trading date compared to the closed value of 2.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taitron Components stock. Still, in general, we apply an absolute valuation method to find Taitron Components' 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 Taitron Components where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taitron Components' related companies.
| Open | High | Low | Close | Volume | |
| 2.84 | 2.87 | 2.78 | 2.80 | 24,889 | |
11/08/2024 | 2.80 | 2.89 | 2.80 | 2.83 | 4,769 |
| 2.79 | 2.89 | 2.79 | 2.81 | 5,808 |
| Backtest Taitron Components | | | Taitron Components History | | | Taitron Components Valuation | Previous | Next |
Taitron Components Trading Date Momentum on November 8, 2024
| On November 11 2024 Taitron Components Incorporated was traded for 2.81 at the closing time. The top price for the day was 2.89 and the lowest listed price was 2.79 . The trading volume for the day was 5.8 K. The trading history from November 11, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.71% . The trading price change against the current closing price is 2.12% . |
Taitron Components Fundamentals Correlations and Trends
By evaluating Taitron Components' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Taitron Components' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taitron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taitron Components Stock history
Taitron Components 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 Taitron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taitron Components 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 Taitron Components stock prices may prove useful in developing a viable investing in Taitron Components
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6 M | 4.7 M | |
| Net Income Applicable To Common Shares | 2.3 M | 2.4 M |
Taitron Components Quarterly Net Working Capital |
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Taitron Components Stock Technical Analysis
Taitron Components 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
Taitron Components Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Taitron Components Incorporated 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.
Taitron Components November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Taitron Components stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taitron Components shares will generate the highest return on investment. By undertsting and applying Taitron Components stock market strength indicators, traders can identify Taitron Components Incorporated entry and exit signals to maximize returns
Taitron Components Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taitron Components' price direction in advance. Along with the technical and fundamental analysis of Taitron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taitron 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 | (0.08) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.41) |
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Additional Tools for Taitron Stock Analysis
When running Taitron Components' price analysis, check to measure Taitron Components' 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 Taitron Components is operating at the current time. Most of Taitron Components' value examination focuses on studying past and present price action to predict the probability of Taitron Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taitron Components' price. Additionally, you may evaluate how the addition of Taitron Components to your portfolios can decrease your overall portfolio volatility.