Taylor Devices Stock Price on August 10, 2023

TAYD Stock  USD 48.08  2.01  4.36%   
If you're considering investing in Taylor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taylor Devices stands at 48.08, as last reported on the 29th of November, with the highest price reaching 48.20 and the lowest price hitting 46.09 during the day. Taylor Devices owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.024, which indicates the firm had a -0.024% return per unit of risk over the last 3 months. Taylor Devices exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taylor Devices' Risk Adjusted Performance of (0.01), variance of 21.1, and Coefficient Of Variation of (4,174) to confirm the risk estimate we provide.
  
Taylor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.024

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Estimated Market Risk

 4.59
  actual daily
40
60% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Taylor Devices 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 Taylor Devices by adding Taylor Devices to a well-diversified portfolio.

Taylor Devices Valuation on August 10, 2023

It is possible to determine the worth of Taylor Devices on a given historical date. On August 10, 2023 Taylor was worth 20.61 at the beginning of the trading date compared to the closed value of 19.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taylor Devices stock. Still, in general, we apply an absolute valuation method to find Taylor Devices' 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 Taylor Devices where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taylor Devices' related companies.
 Open High Low Close Volume
  21.24    21.67    20.57    20.58    3,917  
08/10/2023
  20.61    20.61    19.12    19.12    19,612  
  19.50    19.50    18.06    18.69    19,634  
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Open Value
20.61
19.12
Closing Value
34.39
Upside

Taylor Devices Trading Date Momentum on August 10, 2023

On August 11 2023 Taylor Devices was traded for  18.69  at the closing time. The top price for the day was 19.50  and the lowest listed price was  18.06 . The trading volume for the day was 19.6 K. The trading history from August 11, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.25% . The trading price change against the current closing price is 14.38% .

Taylor Devices Fundamentals Correlations and Trends

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

About Taylor Devices Stock history

Taylor Devices 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 Taylor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taylor Devices 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 Taylor Devices stock prices may prove useful in developing a viable investing in Taylor Devices
Taylor Devices, Inc. engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in North America, Asia, and internationally. The company was incorporated in 1955 and is headquartered in North Tonawanda, New York. Taylor Devices operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 123 people.

Taylor Devices Stock Technical Analysis

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

Taylor Devices Period Price Range

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November 29, 2024
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Taylor Devices 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.

Taylor Devices November 29, 2024 Market Strength

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

Taylor Devices Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Taylor Devices' price direction in advance. Along with the technical and fundamental analysis of Taylor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taylor 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.

Complementary Tools for Taylor Stock analysis

When running Taylor Devices' price analysis, check to measure Taylor Devices' 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 Taylor Devices is operating at the current time. Most of Taylor Devices' value examination focuses on studying past and present price action to predict the probability of Taylor Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taylor Devices' price. Additionally, you may evaluate how the addition of Taylor Devices to your portfolios can decrease your overall portfolio volatility.
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