Tenon Medical Stock Price History

TNON Stock  USD 2.52  0.02  0.79%   
If you're considering investing in Tenon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tenon Medical stands at 2.52, as last reported on the 26th of November, with the highest price reaching 2.55 and the lowest price hitting 2.43 during the day. As of now, Tenon Stock is abnormally volatile. Tenon Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0073, which indicates the firm had a 0.0073% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tenon Medical, which you can use to evaluate the volatility of the company. Please validate Tenon Medical's Risk Adjusted Performance of 0.0107, semi deviation of 7.77, and Coefficient Of Variation of 62241.62 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At this time, Tenon Medical's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Tenon Medical's Price Book Value Ratio is very stable compared to the past year. As of the 26th of November 2024, Price To Book Ratio is likely to grow to 3.87, while Price To Sales Ratio is likely to drop 0.93. Tenon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0073

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskTNON
Negative Returns

Estimated Market Risk

 14.54
  actual daily
96
96% of assets are less volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tenon Medical 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 Tenon Medical by adding Tenon Medical to a well-diversified portfolio.
Price Book
1.7806
Enterprise Value Ebitda
(0.13)
Price Sales
2.3441
Shares Float
441.2 K
Wall Street Target Price
8

Tenon Medical Stock Price History Chart

There are several ways to analyze Tenon Stock price data. The simplest method is using a basic Tenon candlestick price chart, which shows Tenon Medical price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 16, 20247.71
Lowest PriceNovember 18, 20242.49

Tenon Medical November 26, 2024 Stock Price Synopsis

Various analyses of Tenon Medical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Tenon Stock. It can be used to describe the percentage change in the price of Tenon Medical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Tenon Stock.
Tenon Medical Price Daily Balance Of Power(0.17)
Tenon Medical Price Action Indicator 0.02 
Tenon Medical Price Rate Of Daily Change 0.99 

Tenon Medical November 26, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Tenon Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Tenon Medical intraday prices and daily technical indicators to check the level of noise trading in Tenon Stock and then apply it to test your longer-term investment strategies against Tenon.

Tenon Stock Price History Data

The price series of Tenon Medical for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 has a statistical range of 5.22 with a coefficient of variation of 25.54. The price distribution for the period has arithmetic mean of 3.92. The median price for the last 90 days is 3.77. The company completed stock split (1:8) on 6th of September 2024.
OpenHighLowCloseVolume
11/26/2024
 2.54  2.55  2.43  2.52 
11/25/2024 2.54  2.55  2.43  2.52  92,950 
11/22/2024 2.53  2.59  2.53  2.54  70,080 
11/21/2024 2.58  2.66  2.48  2.63  142,225 
11/20/2024 2.57  2.57  2.46  2.53  99,482 
11/19/2024 2.45  2.57  2.40  2.54  127,564 
11/18/2024 2.70  2.76  2.46  2.49  178,193 
11/15/2024 2.69  2.77  2.61  2.71  145,140 
11/14/2024 3.00  3.00  2.65  2.81  426,414 
11/13/2024 3.46  3.46  3.22  3.30  396,871 
11/12/2024 3.38  3.57  3.38  3.44  268,269 
11/11/2024 3.25  3.52  3.25  3.46  261,636 
11/08/2024 3.31  3.43  3.22  3.33  210,600 
11/07/2024 3.35  3.45  3.32  3.39  170,468 
11/06/2024 3.52  3.55  3.38  3.38  195,856 
11/05/2024 3.47  3.60  3.37  3.49  231,934 
11/04/2024 3.72  3.72  3.41  3.43  441,515 
11/01/2024 3.78  3.93  3.64  3.75  805,060 
10/31/2024 3.86  4.12  3.55  3.93  20,878,769 
10/30/2024 3.46  3.50  3.22  3.26  2,360,257 
10/29/2024 3.59  3.63  3.48  3.49  160,240 
10/28/2024 3.72  3.73  3.59  3.62  192,018 
10/25/2024 3.65  3.76  3.58  3.62  255,503 
10/24/2024 3.81  3.96  3.64  3.66  304,694 
10/23/2024 3.96  4.04  3.78  3.93  321,348 
10/22/2024 4.13  4.19  3.93  4.05  377,430 
10/21/2024 3.94  4.25  3.74  4.12  876,500 
10/18/2024 4.50  4.57  3.71  4.14  9,169,383 
10/17/2024 3.43  3.55  3.38  3.43  3,801,409 
10/16/2024 3.35  3.56  3.30  3.50  374,689 
10/15/2024 3.41  3.68  3.41  3.42  610,485 
10/14/2024 3.46  3.54  3.37  3.40  217,643 
10/11/2024 3.63  3.92  3.35  3.56  304,281 
10/10/2024 3.60  3.74  3.50  3.60  251,626 
10/09/2024 3.67  3.84  3.57  3.67  212,498 
10/08/2024 3.92  3.97  3.68  3.77  320,478 
10/07/2024 4.02  4.12  3.87  3.91  291,208 
10/04/2024 4.07  4.25  3.82  4.24  417,398 
10/03/2024 4.19  4.32  4.07  4.11  397,798 
10/02/2024 4.23  4.60  4.15  4.28  514,390 
10/01/2024 4.27  4.50  3.94  4.33  624,933 
09/30/2024 4.54  4.54  4.21  4.24  412,373 
09/27/2024 4.75  4.86  4.60  4.60  511,268 
09/26/2024 4.82  5.07  4.60  4.89  1,153,802 
09/25/2024 4.84  5.95  4.55  5.39  23,724,822 
09/24/2024 4.32  4.39  4.01  4.02  756,356 
09/23/2024 4.92  5.00  4.17  4.69  1,583,225 
09/20/2024 6.79  7.51  4.97  5.47  13,131,588 
09/19/2024 5.56  5.75  4.71  5.03  3,861,048 
09/18/2024 5.41  5.75  4.80  5.25  1,402,015 
09/17/2024 6.80  7.12  6.10  6.25  1,842,562 
09/16/2024 8.03  9.35  7.25  7.71  5,444,146 
09/13/2024 12.40  15.79  7.20  7.55  24,198,990 
09/12/2024 7.20  9.62  3.82  4.40  37,007,568 
09/11/2024 3.11  3.20  2.92  3.06  53,480 
09/10/2024 3.11  3.20  2.96  3.14  59,071 
09/09/2024 3.55  3.87  2.91  3.21  179,166 
09/06/2024 4.83  5.40  3.36  3.92  392,060 
09/05/2024 3.68  5.00  3.44  4.83  165,245 
09/04/2024 3.63  4.04  3.20  3.51  160,635 
09/03/2024 4.00  4.00  3.76  3.85  4,724 

About Tenon Medical Stock history

Tenon Medical 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 Tenon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tenon Medical 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 Tenon Medical stock prices may prove useful in developing a viable investing in Tenon Medical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding226.8 K215.4 K
Net Loss-17 M-16.2 M

Tenon Medical Stock Technical Analysis

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

Did you try this?

Run Global Correlations Now

   

Global Correlations

Find global opportunities by holding instruments from different markets
All  Next Launch Module

Tenon Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tenon Medical's price direction in advance. Along with the technical and fundamental analysis of Tenon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tenon 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.
When determining whether Tenon Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenon Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenon Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenon Medical Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenon Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Tenon Stock, please use our How to Invest in Tenon Medical guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenon Medical. If investors know Tenon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenon Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
287.92
Revenue Per Share
9.442
Quarterly Revenue Growth
0.213
Return On Assets
(1.10)
Return On Equity
(15.99)
The market value of Tenon Medical is measured differently than its book value, which is the value of Tenon that is recorded on the company's balance sheet. Investors also form their own opinion of Tenon Medical's value that differs from its market value or its book value, called intrinsic value, which is Tenon Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenon Medical's market value can be influenced by many factors that don't directly affect Tenon Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenon Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenon Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenon Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.