Turtle Beach Corp Stock Price on March 25, 2024
| HEAR Stock | USD 15.65 0.49 3.04% |
Below is the normalized historical share price chart for Turtle Beach Corp extending back to October 05, 2010. 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 Turtle Beach stands at 15.65, as last reported on the 5th of June, with the highest price reaching 15.65 and the lowest price hitting 15.65 during the day.
If you're considering investing in Turtle Stock, it is important to understand the factors that can impact its price. Turtle Beach appears to be somewhat reliable, given 3 months investment horizon. Turtle Beach Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Turtle Beach's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please review Turtle Beach's Risk Adjusted Performance of 0.096, coefficient of variation of 714.15, and Semi Deviation of 1.96 to confirm if our risk estimates are consistent with your expectations.
At this time, Turtle Beach's Common Stock Total Equity is relatively stable compared to the past year. As of 06/05/2024, Common Stock is likely to grow to about 18.6 K, while Common Stock Shares Outstanding is likely to drop slightly above 10.9 M. . At this time, Turtle Beach's Price Earnings To Growth Ratio is relatively stable compared to the past year. As of 06/05/2024, Price To Operating Cash Flows Ratio is likely to grow to 7.31, though Price Earnings Ratio is likely to grow to (10.08). Turtle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of October 2010 | 200 Day MA 11.9011 | 50 Day MA 15.9321 | Beta 2.21 |
Turtle |
Sharpe Ratio = 0.1714
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.41 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Turtle Beach is performing at about 13% 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 Turtle Beach by adding it to a well-diversified portfolio.
Price Book 3.8099 | Enterprise Value Ebitda (27.09) | Price Sales 1.2666 | Shares Float 16.8 M | Wall Street Target Price 22.2 |
Turtle Beach Valuation on March 25, 2024
It is possible to determine the worth of Turtle Beach on a given historical date. On March 25, 2024 Turtle was worth 17.39 at the beginning of the trading date compared to the closed value of 17.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Turtle Beach stock. Still, in general, we apply an absolute valuation method to find Turtle Beach'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 Turtle Beach where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Turtle Beach's related companies.
| Open | High | Low | Close | Volume | |
| 17.41 | 17.51 | 16.94 | 17.39 | 322,162 | |
03/25/2024 | 17.39 | 18.10 | 17.15 | 17.38 | 290,497 |
| 17.45 | 17.72 | 17.12 | 17.19 | 311,214 |
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Turtle Beach Trading Date Momentum on March 25, 2024
| On March 26 2024 Turtle Beach Corp was traded for 17.19 at the closing time. The top price for the day was 17.72 and the lowest listed price was 17.12 . The trading volume for the day was 311.2 K. The trading history from March 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.09% . The trading price change against the current closing price is 0.17% . |
Turtle Beach Corp Fundamentals Correlations and Trends
By evaluating Turtle Beach'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 Turtle Beach's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Turtle financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Turtle Beach Stock history
Turtle Beach 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 Turtle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turtle Beach Corp 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 Turtle Beach stock prices may prove useful in developing a viable investing in Turtle Beach
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 17.1 M | 10.9 M | |
| Net Loss | -68.5 M | -65.1 M |
Turtle Beach Quarterly Net Working Capital |
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Turtle Beach Stock Technical Analysis
Turtle Beach 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
Turtle Beach Period Price Range
Low | March 25, 2024
| High |
17.39 | 17.38 |
Turtle Beach June 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Turtle Beach stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turtle Beach shares will generate the highest return on investment. By undertsting and applying Turtle Beach stock market strength indicators, traders can identify Turtle Beach Corp entry and exit signals to maximize returns
| Accumulation Distribution | 15247.08 | |||
| Daily Balance Of Power | (0.01) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 17.63 | |||
| Day Typical Price | 17.54 | |||
| Price Action Indicator | (0.25) | |||
| Period Momentum Indicator | (1.73) | |||
| Relative Strength Index | 61.13 |
Turtle Beach Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Turtle Beach's price direction in advance. Along with the technical and fundamental analysis of Turtle Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Turtle 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 | 0.096 | |||
| Jensen Alpha | 0.6117 | |||
| Total Risk Alpha | 0.5425 | |||
| Sortino Ratio | 0.259 | |||
| Treynor Ratio | (2.57) |
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Additional Tools for Turtle Stock Analysis
When running Turtle Beach's price analysis, check to measure Turtle Beach'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 Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.