Tecan Group (Switzerland) Price on May 23, 2024
| TECN Stock | CHF 210.40 3.80 1.77% |
If you're considering investing in Tecan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tecan Group stands at 210.40, as last reported on the 27th of November, with the highest price reaching 214.20 and the lowest price hitting 210.40 during the day. Tecan Group AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. Tecan Group AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tecan Group's Variance of 5.07, risk adjusted performance of (0.14), and Coefficient Of Variation of (522.22) to confirm the risk estimate we provide.
Tecan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tecan |
Sharpe Ratio = -0.1979
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tecan Group 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 Tecan Group by adding Tecan Group to a well-diversified portfolio.
Tecan Group Valuation on May 23, 2024
It is possible to determine the worth of Tecan Group on a given historical date. On May 23, 2024 Tecan was worth 334.2 at the beginning of the trading date compared to the closed value of 330.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tecan Group stock. Still, in general, we apply an absolute valuation method to find Tecan Group'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 Tecan Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tecan Group's related companies.
| Open | High | Low | Close | Volume | |
| 332.00 | 335.00 | 328.20 | 335.00 | 19,312 | |
05/23/2024 | 334.20 | 336.20 | 330.40 | 330.40 | 21,328 |
| 325.40 | 328.80 | 320.00 | 327.60 | 34,620 |
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Tecan Group Trading Date Momentum on May 23, 2024
| On May 24 2024 Tecan Group AG was traded for 327.60 at the closing time. The highest price during the trading period was 328.80 and the lowest recorded bid was listed for 320.00 . The volume for the day was 34.6 K. This history from May 24, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.85% . The trading price change to the current price is 2.85% . |
Tecan Group AG Fundamentals Correlations and Trends
By evaluating Tecan Group'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 Tecan Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tecan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tecan Group Stock history
Tecan Group 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 Tecan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tecan Group AG 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 Tecan Group stock prices may prove useful in developing a viable investing in Tecan Group
Tecan Group Ltd. provides laboratory instruments and solutions for pharmaceutical and biotechnology companies, university research departments, and forensic and diagnostic laboratories. Tecan Group Ltd. was founded in 1980 and is headquartered in Mnnedorf, Switzerland. TECAN GROUP operates under Medical Devices classification in Switzerland and is traded on Switzerland Exchange. It employs 1662 people.
Tecan Group Stock Technical Analysis
Tecan Group 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
Tecan Group Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Tecan Group AG cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Tecan Group November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Tecan Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tecan Group shares will generate the highest return on investment. By undertsting and applying Tecan Group stock market strength indicators, traders can identify Tecan Group AG entry and exit signals to maximize returns
Tecan Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tecan Group's price direction in advance. Along with the technical and fundamental analysis of Tecan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tecan 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 | (0.14) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (2.37) |
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Additional Tools for Tecan Stock Analysis
When running Tecan Group's price analysis, check to measure Tecan Group'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 Tecan Group is operating at the current time. Most of Tecan Group's value examination focuses on studying past and present price action to predict the probability of Tecan Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecan Group's price. Additionally, you may evaluate how the addition of Tecan Group to your portfolios can decrease your overall portfolio volatility.