Theratechnologies Stock Price on November 30, 2023

THTX Stock  USD 1.18  0.04  3.28%   
If you're considering investing in Theratechnologies Stock, it is important to understand the factors that can impact its price. As of today, the current price of Theratechnologies stands at 1.18, as last reported on the 28th of November, with the highest price reaching 1.24 and the lowest price hitting 1.12 during the day. Theratechnologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0233, which indicates the firm had a -0.0233% return per unit of risk over the last 3 months. Theratechnologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Theratechnologies' Variance of 10.4, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,285) to confirm the risk estimate we provide.
  
Theratechnologies Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0233

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Estimated Market Risk

 3.22
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.08
  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 Theratechnologies 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 Theratechnologies by adding Theratechnologies to a well-diversified portfolio.

Theratechnologies Valuation on November 30, 2023

It is possible to determine the worth of Theratechnologies on a given historical date. On November 30, 2023 Theratechnologies was worth 1.7 at the beginning of the trading date compared to the closed value of 1.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Theratechnologies stock. Still, in general, we apply an absolute valuation method to find Theratechnologies' 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 Theratechnologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Theratechnologies' related companies.
 Open High Low Close Volume
  1.65    1.85    1.62    1.64    58,800  
11/30/2023
  1.70    1.70    1.54    1.58    20,400  
  1.56    1.67    1.55    1.63    25,500  
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Open Value
1.7
1.58
Closing Value
11.37
Upside

Theratechnologies Trading Date Momentum on November 30, 2023

On December 01 2023 Theratechnologies was traded for  1.63  at the closing time. The top price for the day was 1.67  and the lowest listed price was  1.55 . The trading volume for the day was 25.5 K. The trading history from December 1, 2023 was a factor to the next trading day price jump. The trading price change against the next closing price was 3.16% . The trading price change against the current closing price is 0.63% .

Theratechnologies Fundamentals Correlations and Trends

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

About Theratechnologies Stock history

Theratechnologies 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 Theratechnologies is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Theratechnologies 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 Theratechnologies stock prices may prove useful in developing a viable investing in Theratechnologies
Theratechnologies Inc., a biopharmaceutical company, focuses on the development and commercialization of various therapies to address the unmet medical needs in the United States, Canada, and Europe. The company was incorporated in 1993 and is headquartered in Montreal, Canada. Theratechnologies operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 87 people.

Theratechnologies Stock Technical Analysis

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

Theratechnologies Period Price Range

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November 28, 2024
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Theratechnologies 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.

Theratechnologies November 28, 2024 Market Strength

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

Theratechnologies Technical and Predictive Indicators

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

Additional Tools for Theratechnologies Stock Analysis

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