Trxade Group Stock Price on May 8, 2024
| MEDS Stock | USD 6.05 0.17 2.89% |
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 6.05, as last reported on the 22nd of May, with the highest price reaching 6.06 and the lowest price hitting 5.67 during the day.
If you're considering investing in Trxade Stock, it is important to understand the factors that can impact its price. Trxade is dangerous given 3 months investment horizon. Trxade Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.79% are justified by taking the suggested risk. Use Trxade Group Risk Adjusted Performance of 0.0942, semi deviation of 9.01, and Coefficient Of Variation of 678.04 to evaluate company specific risk that cannot be diversified away.
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 7.7901 | 50 Day MA 10.9627 | Beta 2.038 |
Trxade |
Sharpe Ratio = 0.1026
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | MEDS | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 17.43 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.79 actual daily | 35 65% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Trxade is performing at about 8% 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 810.1 K | Wall Street Target Price 6.75 |
Related Headline
Leafly Holdings Headline on 8th of May 2024
Leafly Scheduled to Post Earnings on Thursday - Defense Worl... by news.google.com
Leafly Scheduled to Post Earnings on Thursday Defense World
Trxade Valuation on May 8, 2024
It is possible to determine the worth of Trxade on a given historical date. On May 8, 2024 Trxade was worth 6.04 at the beginning of the trading date compared to the closed value of 6.09. 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 | |
| 6.18 | 6.60 | 5.93 | 5.97 | 8,629 | |
05/08/2024 | 6.04 | 6.21 | 5.96 | 6.09 | 4,784 |
| 6.25 | 6.46 | 6.05 | 6.22 | 4,041 |
| Backtest Trxade | | | Trxade History | | | Trxade Valuation | Previous | Next |
Trxade Trading Date Momentum on May 8, 2024
| On May 09 2024 Trxade Group was traded for 6.22 at the closing time. The top price for the day was 6.46 and the lowest listed price was 6.05 . The trading volume for the day was 4 K. The trading history from May 9, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 2.13% . The trading price change against the current closing price is 8.70% . |
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 | May 8, 2024
| High |
6.04 | 6.09 |
Trxade May 22, 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
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 | 0.0942 | |||
| Jensen Alpha | 2.72 | |||
| Total Risk Alpha | 0.504 | |||
| Sortino Ratio | 0.2781 | |||
| Treynor Ratio | 0.6061 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Trxade Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Trxade Group information on this page should be used as a complementary analysis to other Trxade's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary 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.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |
Is Trxade's industry 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 Trxade. If investors know Trxade 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 Trxade listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.766 | Earnings Share (17.96) | Revenue Per Share 10.827 | Quarterly Revenue Growth 0.043 | Return On Assets (0.56) |
The market value of Trxade Group is measured differently than its book value, which is the value of Trxade that is recorded on the company's balance sheet. Investors also form their own opinion of Trxade's value that differs from its market value or its book value, called intrinsic value, which is Trxade'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 Trxade's market value can be influenced by many factors that don't directly affect Trxade'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 Trxade's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trxade is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trxade'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.