Tango Therapeutics Stock Price on September 30, 2023
| TNGX Stock | USD 3.89 0.05 1.27% |
Below is the normalized historical share price chart for Tango Therapeutics extending back to September 03, 2020. 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 Tango Therapeutics stands at 3.89, as last reported on the 3rd of December, with the highest price reaching 4.03 and the lowest price hitting 3.73 during the day.
If you're considering investing in Tango Stock, it is important to understand the factors that can impact its price. Tango Therapeutics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of risk over the last 3 months. Tango Therapeutics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tango Therapeutics' Risk Adjusted Performance of (0.13), coefficient of variation of (558.94), and Variance of 51.8 to confirm the risk estimate we provide.
At this time, Tango Therapeutics' Issuance Of Capital Stock is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to rise to 0.55 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 196.6 M in 2024. . At this time, Tango Therapeutics' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.79 in 2024, whereas Price To Sales Ratio is likely to drop 19.37 in 2024. Tango Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of February 2020 | 200 Day MA 8.1534 | 50 Day MA 5.6735 | Beta 0.879 |
Tango |
Sharpe Ratio = -0.1799
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| Negative Returns | TNGX |
Estimated Market Risk
| 7.2 actual daily | 64 64% of assets are less volatile |
Expected Return
| -1.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tango Therapeutics 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 Tango Therapeutics by adding Tango Therapeutics to a well-diversified portfolio.
Price Book 1.8233 | Enterprise Value Ebitda (0.91) | Price Sales 9.6318 | Shares Float 60.6 M | Wall Street Target Price 11.5 |
Tango Therapeutics Valuation on September 30, 2023
It is possible to determine the worth of Tango Therapeutics on a given historical date. On September 30, 2023 Tango was worth 10.87 at the beginning of the trading date compared to the closed value of 11.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tango Therapeutics stock. Still, in general, we apply an absolute valuation method to find Tango Therapeutics' 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 Tango Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tango Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 11.31 | 11.61 | 10.58 | 10.88 | 1,186,700 | |
09/29/2023 | 10.87 | 11.48 | 10.85 | 11.26 | 1,687,200 |
| 11.20 | 11.54 | 10.96 | 11.25 | 755,600 |
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Tango Therapeutics Trading Date Momentum on September 30, 2023
| On October 02 2023 Tango Therapeutics was traded for 11.25 at the closing time. The top price for the day was 11.54 and the lowest listed price was 10.96 . The trading volume for the day was 755.6 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.09% . The trading price change against the current closing price is 1.78% . |
Tango Therapeutics Fundamentals Correlations and Trends
By evaluating Tango Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tango Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tango financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tango Therapeutics Stock history
Tango Therapeutics 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 Tango is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tango Therapeutics 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 Tango Therapeutics stock prices may prove useful in developing a viable investing in Tango Therapeutics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 94.6 M | 62.8 M | |
| Net Loss | -97.4 M | -92.5 M |
Tango Therapeutics Quarterly Net Working Capital |
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Tango Therapeutics Stock Technical Analysis
Tango Therapeutics 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
Tango Therapeutics Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Tango Therapeutics 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.
Tango Therapeutics December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Tango Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tango Therapeutics shares will generate the highest return on investment. By undertsting and applying Tango Therapeutics stock market strength indicators, traders can identify Tango Therapeutics entry and exit signals to maximize returns
Tango Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tango Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Tango Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tango 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 | (0.13) | |||
| Jensen Alpha | (1.01) | |||
| Total Risk Alpha | (2.37) | |||
| Treynor Ratio | 0.5085 |
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Additional Tools for Tango Stock Analysis
When running Tango Therapeutics' price analysis, check to measure Tango Therapeutics' 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 Tango Therapeutics is operating at the current time. Most of Tango Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tango Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tango Therapeutics' price. Additionally, you may evaluate how the addition of Tango Therapeutics to your portfolios can decrease your overall portfolio volatility.