Tela Bio Stock Price on December 31, 2022
| TELA Stock | USD 2.94 0.07 2.33% |
Below is the normalized historical share price chart for Tela Bio extending back to November 08, 2019. 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 Tela Bio stands at 2.94, as last reported on the 26th of November, with the highest price reaching 3.13 and the lowest price hitting 2.89 during the day.
If you're considering investing in Tela Stock, it is important to understand the factors that can impact its price. At this point, Tela Bio is slightly risky. Tela Bio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0182, which indicates the firm had a 0.0182% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tela Bio, which you can use to evaluate the volatility of the company. Please validate Tela Bio's Risk Adjusted Performance of 0.018, coefficient of variation of 7469.07, and Semi Deviation of 2.7 to confirm if the risk estimate we provide is consistent with the expected return of 0.0622%.
At present, Tela Bio's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 5.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 14.3 M. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.13, whereas Price To Sales Ratio is forecasted to decline to 2.46. Tela Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of November 2019 | 200 Day MA 4.4073 | 50 Day MA 2.702 | Beta 0.968 |
Tela |
Sharpe Ratio = 0.0182
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| Cash | Small Risk | Average Risk | TELA | Huge Risk |
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Estimated Market Risk
| 3.42 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Tela Bio is performing at about 1% 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 Tela Bio by adding it to a well-diversified portfolio.
Price Book 22.9916 | Enterprise Value Ebitda (5.01) | Price Sales 1.6869 | Shares Float 10.4 M | Wall Street Target Price 9.2 |
Tela Bio Valuation on December 31, 2022
It is possible to determine the worth of Tela Bio on a given historical date. On December 31, 2022 Tela was worth 11.0 at the beginning of the trading date compared to the closed value of 11.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tela Bio stock. Still, in general, we apply an absolute valuation method to find Tela Bio'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 Tela Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tela Bio's related companies.
| Open | High | Low | Close | Volume | |
| 11.40 | 11.40 | 10.82 | 11.08 | 29,234 | |
12/30/2022 | 11.00 | 11.76 | 10.98 | 11.50 | 37,978 |
| 11.25 | 11.75 | 11.21 | 11.50 | 40,212 |
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Tela Bio Trading Date Momentum on December 31, 2022
| On January 03 2023 Tela Bio was traded for 11.50 at the closing time. The top price for the day was 11.75 and the lowest listed price was 11.21 . The trading volume for the day was 40.2 K. The trading history from January 3, 2023 did not result in any price rise and fall. The trading price change against the current closing price is 4.52% . |
Tela Bio Fundamentals Correlations and Trends
By evaluating Tela Bio'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 Tela Bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tela financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tela Bio Stock history
Tela Bio 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 Tela is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tela Bio 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 Tela Bio stock prices may prove useful in developing a viable investing in Tela Bio
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.9 M | 14.3 M | |
| Net Loss | -39.9 M | -41.9 M |
Tela Bio Quarterly Net Working Capital |
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Tela Bio Stock Technical Analysis
Tela Bio 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
Tela Bio Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Tela Bio 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.
Tela Bio November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Tela Bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tela Bio shares will generate the highest return on investment. By undertsting and applying Tela Bio stock market strength indicators, traders can identify Tela Bio entry and exit signals to maximize returns
Tela Bio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tela Bio's price direction in advance. Along with the technical and fundamental analysis of Tela Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tela 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 | 0.018 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1229 |
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Complementary Tools for Tela Stock analysis
When running Tela Bio's price analysis, check to measure Tela Bio'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 Tela Bio is operating at the current time. Most of Tela Bio's value examination focuses on studying past and present price action to predict the probability of Tela Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tela Bio's price. Additionally, you may evaluate how the addition of Tela Bio to your portfolios can decrease your overall portfolio volatility.
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