Trident Digital Tech Stock Price on October 1, 2024
| TDTH Stock | 2.23 0.05 2.29% |
If you're considering investing in Trident Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trident Digital stands at 2.23, as last reported on the 25th of November, with the highest price reaching 2.50 and the lowest price hitting 2.20 during the day. Trident Digital Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Trident Digital Tech exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trident Digital's Variance of 37.85, coefficient of variation of (759.81), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
The Trident Digital's current Total Stockholder Equity is estimated to increase to about 2.6 M, while Common Stock Shares Outstanding is projected to decrease to under 413.1 M. . Trident Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trident |
Sharpe Ratio = -0.1304
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TDTH |
Estimated Market Risk
| 6.1 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.79 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trident Digital 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 Trident Digital by adding Trident Digital to a well-diversified portfolio.
Price Book 59.1686 | Price Sales 97.0505 | Shares Float 145.7 M | Earnings Share (0.07) | Shares Short 85.1 K |
Related Headline
Usio Headline on 1st of October 2024
Disposition of 1200 shares by Michael White of Usio subject ... by Michael White
Filed transaction by Usio Inc Officer: Svp, Chief Accounting Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Trident Digital Valuation on October 1, 2024
It is possible to determine the worth of Trident Digital on a given historical date. On October 1, 2024 Trident was worth 3.67 at the beginning of the trading date compared to the closed value of 3.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trident Digital stock. Still, in general, we apply an absolute valuation method to find Trident Digital'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 Trident Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trident Digital's related companies.
| Open | High | Low | Close | Volume | |
| 3.80 | 3.80 | 3.62 | 3.80 | 23,800 | |
10/01/2024 | 3.67 | 3.70 | 3.48 | 3.57 | 28,541 |
| 3.40 | 3.69 | 3.29 | 3.48 | 15,743 |
| Backtest Trident Digital | | | Trident Digital History | | | Trident Digital Valuation | Previous | Next |
Trident Digital Trading Date Momentum on October 1, 2024
| On October 02 2024 Trident Digital Tech was traded for 3.48 at the closing time. The top price for the day was 3.69 and the lowest listed price was 3.29 . The trading volume for the day was 15.7 K. The trading history from October 2, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.52% . The trading price change against the current closing price is 3.64% . |
Trident Digital Tech Fundamentals Correlations and Trends
By evaluating Trident Digital'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 Trident Digital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trident financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trident Digital Stock history
Trident Digital 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 Trident is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trident Digital Tech 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 Trident Digital stock prices may prove useful in developing a viable investing in Trident Digital
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 464.7 M | 413.1 M |
Trident Digital Stock Technical Analysis
Trident Digital 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
Trident Digital Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Trident Digital Tech 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.
Trident Digital November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Trident Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trident Digital shares will generate the highest return on investment. By undertsting and applying Trident Digital stock market strength indicators, traders can identify Trident Digital Tech entry and exit signals to maximize returns
Trident Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trident Digital's price direction in advance. Along with the technical and fundamental analysis of Trident Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trident 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 | (0.09) | |||
| Jensen Alpha | (0.82) | |||
| Total Risk Alpha | (1.79) | |||
| Treynor Ratio | (62.10) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Trident Stock analysis
When running Trident Digital's price analysis, check to measure Trident Digital'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 Trident Digital is operating at the current time. Most of Trident Digital's value examination focuses on studying past and present price action to predict the probability of Trident Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trident Digital's price. Additionally, you may evaluate how the addition of Trident Digital to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |