Therasense Stock Price on February 17, 2023
If you're considering investing in Therasense Pink Sheet, it is important to understand the factors that can impact its price. Therasense owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Therasense exposes twelve different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Therasense's Risk Adjusted Performance of (0.08), variance of 156.25, and Coefficient Of Variation of (800.00) to confirm the risk estimate we provide.
Therasense Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Therasense |
Sharpe Ratio = -0.125
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Estimated Market Risk
| 12.5 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Therasense 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 Therasense by adding Therasense to a well-diversified portfolio.
Therasense Valuation on February 17, 2023
It is possible to determine the worth of Therasense on a given historical date. On February 17, 2023 Therasense was worth 0.0028 at the beginning of the trading date compared to the closed value of 0.0029. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Therasense pink sheet. Still, in general, we apply an absolute valuation method to find Therasense'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 Therasense where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Therasense's related companies.
| Open | High | Low | Close | Volume | |
| 0 | 0 | 0 | 0 | 371,952 | |
02/17/2023 | 0 | 0 | 0 | 0 | 1,563,675 |
| 0 | 0 | 0 | 0 | 1,024,591 |
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Therasense Trading Date Momentum on February 17, 2023
| On February 21 2023 Therasense was traded for 0 at the closing time. The top price for the day was 0 and the lowest listed price was 0 . The trading volume for the day was 1 M. The trading history from February 21, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 6.90% . The trading price change against the current closing price is 6.90% . |
Therasense Fundamentals Correlations and Trends
By evaluating Therasense'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 Therasense's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Therasense financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Therasense Pink Sheet history
Therasense 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 Therasense is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Therasense 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 Therasense stock prices may prove useful in developing a viable investing in Therasense
Theralink Technologies, Inc., a commercial-stage precision medicine and molecular data-generating company, engages in the development and commercialization of novel cancer immunotherapy products. Theralink Technologies, Inc. was formerly known as OncBioMune Pharmaceuticals, Inc. and changed its name to Theralink Technologies, Inc. in September 2020. Theralink Technologies operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 16 people.
Therasense Pink Sheet Technical Analysis
Therasense technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Therasense Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Therasense December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Therasense pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Therasense shares will generate the highest return on investment. By undertsting and applying Therasense pink sheet market strength indicators, traders can identify Therasense entry and exit signals to maximize returns
Therasense Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Therasense's price direction in advance. Along with the technical and fundamental analysis of Therasense Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Therasense 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 | (0.08) | |||
| Jensen Alpha | (1.67) | |||
| Total Risk Alpha | (3.55) | |||
| Treynor Ratio | (1.83) |
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Additional Tools for Therasense Pink Sheet Analysis
When running Therasense's price analysis, check to measure Therasense'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 Therasense is operating at the current time. Most of Therasense's value examination focuses on studying past and present price action to predict the probability of Therasense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Therasense's price. Additionally, you may evaluate how the addition of Therasense to your portfolios can decrease your overall portfolio volatility.