Taskus Inc Stock Price on June 10, 2024

TASK Stock  USD 14.99  0.18  1.22%   
If you're considering investing in Taskus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taskus stands at 14.99, as last reported on the 29th of November, with the highest price reaching 15.02 and the lowest price hitting 14.64 during the day. Taskus appears to be somewhat reliable, given 3 months investment horizon. Taskus Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0741, which indicates the firm had a 0.0741% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Taskus Inc, which you can use to evaluate the volatility of the company. Please review Taskus' Coefficient Of Variation of 1905.53, risk adjusted performance of 0.0485, and Semi Deviation of 4.17 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Taskus' Common Stock Shares Outstanding is quite stable compared to the past year. Stock Based Compensation To Revenue is expected to rise to 0.07 this year, although the value of Other Stockholder Equity will most likely fall to about 457.3 M. . At this time, Taskus' Price Earnings Ratio is quite stable compared to the past year. Price To Operating Cash Flows Ratio is expected to rise to 8.97 this year, although the value of Price Earnings To Growth Ratio will most likely fall to 1.31. Taskus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0741

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Estimated Market Risk

 4.52
  actual daily
40
60% of assets are more volatile

Expected Return

 0.34
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Taskus is performing at about 5% 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 Taskus by adding it to a well-diversified portfolio.
Price Book
2.7333
Enterprise Value Ebitda
8.7779
Price Sales
1.4018
Shares Float
16.8 M
Wall Street Target Price
18.4286

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Taskus Valuation on June 10, 2024

It is possible to determine the worth of Taskus on a given historical date. On June 10, 2024 Taskus was worth 14.19 at the beginning of the trading date compared to the closed value of 14.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taskus stock. Still, in general, we apply an absolute valuation method to find Taskus' 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 Taskus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taskus' related companies.
 Open High Low Close Volume
  14.56    14.77    14.22    14.31    125,398  
06/10/2024
  14.19    14.61    13.93    14.52    123,913  
  14.38    14.52    14.17    14.50    115,610  
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Open Value
14.19
14.52
Closing Value
27.75
Upside

Taskus Trading Date Momentum on June 10, 2024

On June 11 2024 Taskus Inc was traded for  14.50  at the closing time. The top price for the day was 14.52  and the lowest listed price was  14.17 . The trading volume for the day was 115.6 K. The trading history from June 11, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.14% . The trading price change against the current closing price is 11.36% .

Taskus Inc Fundamentals Correlations and Trends

By evaluating Taskus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Taskus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taskus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Taskus Stock history

Taskus 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 Taskus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taskus Inc 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 Taskus stock prices may prove useful in developing a viable investing in Taskus
Last ReportedProjected for Next Year
Common Stock Shares Outstanding96.2 M108 M
Net Income Applicable To Common Shares36.4 M38.2 M

Taskus Quarterly Net Working Capital

261.46 Million

Taskus Stock Technical Analysis

Taskus 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 Taskus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Taskus 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...

Price Boundaries

Taskus Period Price Range

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Taskus Inc 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.

Taskus November 29, 2024 Market Strength

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

Taskus Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Taskus' price direction in advance. Along with the technical and fundamental analysis of Taskus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taskus 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 Taskus Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Taskus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Taskus Inc Stock. Highlighted below are key reports to facilitate an investment decision about Taskus Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Data Processing & Outsourced Services 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 Taskus. If investors know Taskus 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 Taskus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.4
Earnings Share
0.58
Revenue Per Share
10.752
Quarterly Revenue Growth
0.132
Return On Assets
0.0762
The market value of Taskus Inc is measured differently than its book value, which is the value of Taskus that is recorded on the company's balance sheet. Investors also form their own opinion of Taskus' value that differs from its market value or its book value, called intrinsic value, which is Taskus' 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 Taskus' market value can be influenced by many factors that don't directly affect Taskus' 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 Taskus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taskus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taskus' 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.