Tyra Biosciences Stock Price on February 20, 2024
| TYRA Stock | USD 15.94 0.49 2.98% |
If you're considering investing in Tyra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tyra Biosciences stands at 15.94, as last reported on the 29th of May, with the highest price reaching 16.38 and the lowest price hitting 15.87 during the day. Tyra Biosciences owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0741, which indicates the firm had a -0.0741% return per unit of risk over the last 3 months. Tyra Biosciences exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tyra Biosciences' Coefficient Of Variation of (4,418), risk adjusted performance of (0.01), and Variance of 11.03 to confirm the risk estimate we provide.
At present, Tyra Biosciences' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 237.1 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 33.8 M. . At present, Tyra Biosciences' Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 3.04, whereas Price Earnings Ratio is forecasted to decline to (8.98). Tyra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tyra |
Sharpe Ratio = -0.0741
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| Negative Returns | TYRA |
Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tyra Biosciences 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 Tyra Biosciences by adding Tyra Biosciences to a well-diversified portfolio.
Price Book 3.8286 | Book Value 7.43 | Enterprise Value 487.3 M | Enterprise Value Ebitda (7.35) | Shares Float 15.6 M |
Tyra Biosciences Valuation on February 20, 2024
It is possible to determine the worth of Tyra Biosciences on a given historical date. On February 20, 2024 Tyra was worth 19.05 at the beginning of the trading date compared to the closed value of 18.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tyra Biosciences stock. Still, in general, we apply an absolute valuation method to find Tyra Biosciences' 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 Tyra Biosciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tyra Biosciences' related companies.
| Open | High | Low | Close | Volume | |
| 19.07 | 19.94 | 18.46 | 19.40 | 100,856 | |
02/20/2024 | 19.05 | 19.54 | 18.54 | 18.83 | 69,136 |
| 18.77 | 19.58 | 18.40 | 19.23 | 68,530 |
| Backtest Tyra Biosciences | | | Tyra Biosciences History | | | Tyra Biosciences Valuation | Previous | Next |
Tyra Biosciences Trading Date Momentum on February 20, 2024
| On February 21 2024 Tyra Biosciences was traded for 19.23 at the closing time. The top price for the day was 19.58 and the lowest listed price was 18.40 . The trading volume for the day was 68.5 K. The trading history from February 21, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 2.12% . The trading price change against the current closing price is 6.21% . |
Tyra Biosciences Fundamentals Correlations and Trends
By evaluating Tyra Biosciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tyra Biosciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tyra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tyra Biosciences Stock history
Tyra Biosciences 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 Tyra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tyra Biosciences 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 Tyra Biosciences stock prices may prove useful in developing a viable investing in Tyra Biosciences
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 42.7 M | 33.8 M | |
| Net Loss | -49.8 M | -47.3 M |
Tyra Biosciences Quarterly Net Working Capital |
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Tyra Biosciences Stock Technical Analysis
Tyra Biosciences 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
Tyra Biosciences Period Price Range
Low | February 20, 2024
| High |
19.05 | 18.83 |
Tyra Biosciences May 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tyra Biosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tyra Biosciences shares will generate the highest return on investment. By undertsting and applying Tyra Biosciences stock market strength indicators, traders can identify Tyra Biosciences entry and exit signals to maximize returns
| Accumulation Distribution | 3538.18 | |||
| Daily Balance Of Power | (0.22) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 19.04 | |||
| Day Typical Price | 18.97 | |||
| Price Action Indicator | (0.32) | |||
| Period Momentum Indicator | (2.89) | |||
| Relative Strength Index | 49.26 |
Tyra Biosciences Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tyra Biosciences' price direction in advance. Along with the technical and fundamental analysis of Tyra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tyra 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 | (0.01) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.18) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tyra Biosciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Tyra Stock refer to our How to Trade Tyra Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Tyra Stock analysis
When running Tyra Biosciences' price analysis, check to measure Tyra Biosciences' 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 Tyra Biosciences is operating at the current time. Most of Tyra Biosciences' value examination focuses on studying past and present price action to predict the probability of Tyra Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tyra Biosciences' price. Additionally, you may evaluate how the addition of Tyra Biosciences to your portfolios can decrease your overall portfolio volatility.
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Is Tyra Biosciences' 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 Tyra Biosciences. If investors know Tyra 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 Tyra Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.60) | Return On Assets (0.17) | Return On Equity (0.24) |
The market value of Tyra Biosciences is measured differently than its book value, which is the value of Tyra that is recorded on the company's balance sheet. Investors also form their own opinion of Tyra Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Tyra Biosciences' 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 Tyra Biosciences' market value can be influenced by many factors that don't directly affect Tyra Biosciences' 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 Tyra Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyra Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyra Biosciences' 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.