Trxade Group Stock Price on March 5, 2024
| MEDS Stock | USD 6.81 0.24 3.65% |
Below is the normalized historical share price chart for Trxade Group extending back to January 26, 2009. 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 Trxade stands at 6.81, as last reported on the 4th of June, with the highest price reaching 6.86 and the lowest price hitting 6.29 during the day.
If you're considering investing in Trxade Stock, it is important to understand the factors that can impact its price. Trxade appears to be dangerous, given 3 months investment horizon. Trxade Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0305, which indicates the firm had a 0.0305% return per unit of risk over the last 3 months. We have found thirty technical indicators for Trxade Group, which you can use to evaluate the volatility of the company. Please review Trxade's Coefficient Of Variation of 982.43, semi deviation of 9.85, and Risk Adjusted Performance of 0.0735 to confirm if our risk estimates are consistent with your expectations.
At this time, Trxade's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 2.5 M in 2024, whereas Common Stock is likely to drop 8.55 in 2024. . Price To Sales Ratio is likely to drop to 0.46 in 2024. Price Earnings Ratio is likely to drop to -0.23 in 2024. Trxade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of April 2010 | 200 Day MA 7.6891 | 50 Day MA 7.7289 | Beta 2.038 |
Trxade |
Sharpe Ratio = 0.0305
| Best Portfolio | Best Equity | |||
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| Small Returns | MEDS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.44 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Trxade is performing at about 2% 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 Trxade by adding it to a well-diversified portfolio.
Price Book 0.7547 | Enterprise Value Ebitda (5.52) | Price Sales 0.9397 | Shares Float 508 K | Wall Street Target Price 6.75 |
Trxade Valuation on March 5, 2024
It is possible to determine the worth of Trxade on a given historical date. On March 5, 2024 Trxade was worth 9.0 at the beginning of the trading date compared to the closed value of 4.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trxade stock. Still, in general, we apply an absolute valuation method to find Trxade'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 Trxade where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trxade's related companies.
| Open | High | Low | Close | Volume | |
| 9.55 | 4.36 | 4.36 | 4.36 | 44,200 | |
03/05/2024 | 9.00 | 4.04 | 4.04 | 4.04 | 42,600 |
| 11.66 | 8.36 | 8.36 | 8.36 | 9,247,300 |
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Trxade Trading Date Momentum on March 5, 2024
| On March 06 2024 Trxade Group was traded for 8.36 at the closing time. The top price for the day was 8.36 and the lowest listed price was 8.36 . The trading volume for the day was 9.2 M. The trading history from March 6, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 106.93% . The trading price change against the current closing price is 643.81% . |
Trxade Group Fundamentals Correlations and Trends
By evaluating Trxade'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 Trxade's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trxade financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trxade Stock history
Trxade 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 Trxade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trxade Group 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 Trxade stock prices may prove useful in developing a viable investing in Trxade
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.4 M | 2.5 M | |
| Net Loss | -3.1 M | -3 M |
Trxade Stock Technical Analysis
Trxade 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
Trxade Period Price Range
Low | March 5, 2024
| High |
9.00 | 4.04 |
Trxade June 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Trxade stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trxade shares will generate the highest return on investment. By undertsting and applying Trxade stock market strength indicators, traders can identify Trxade Group entry and exit signals to maximize returns
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.45 | |||
| Day Median Price | 4.04 | |||
| Day Typical Price | 4.04 | |||
| Price Action Indicator | (2.48) | |||
| Period Momentum Indicator | 2.77 | |||
| Relative Strength Index | 45.72 |
Trxade Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trxade's price direction in advance. Along with the technical and fundamental analysis of Trxade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trxade 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 | 0.0735 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | 1.03 | |||
| Sortino Ratio | 0.1565 | |||
| Treynor Ratio | 0.6426 |
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Additional Tools for Trxade Stock Analysis
When running Trxade's price analysis, check to measure Trxade'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 Trxade is operating at the current time. Most of Trxade's value examination focuses on studying past and present price action to predict the probability of Trxade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trxade's price. Additionally, you may evaluate how the addition of Trxade to your portfolios can decrease your overall portfolio volatility.