Tenaya Therapeutics Stock Overlap Studies Exponential Moving Average

TNYA Stock  USD 2.04  0.11  5.12%   
Tenaya Therapeutics overlap studies tool provides the execution environment for running the Exponential Moving Average study and other technical functions against Tenaya Therapeutics. Tenaya Therapeutics value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Exponential Moving Average study function is designed to identify and follow existing trends. Tenaya Therapeutics overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Exponential Moving Average is calculated by weighting recent values of Tenaya Therapeutics more heavily than older values.

Tenaya Therapeutics Technical Analysis Modules

Most technical analysis of Tenaya Therapeutics help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Tenaya from various momentum indicators to cycle indicators. When you analyze Tenaya charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Tenaya Therapeutics Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tenaya Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tenaya Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Tenaya Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tenaya Therapeutics's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Tenaya Therapeutics's intrinsic value. In addition to deriving basic predictive indicators for Tenaya Therapeutics, we also check how macroeconomic factors affect Tenaya Therapeutics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Current Ratio11.737.994.914.66
Net Debt To EBITDA0.340.640.270.26
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tenaya Therapeutics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.112.297.88
Details
Intrinsic
Valuation
LowRealHigh
1.266.8512.44
Details
Naive
Forecast
LowNextHigh
0.041.897.48
Details
9 Analysts
Consensus
LowTargetHigh
19.4121.3323.68
Details

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When determining whether Tenaya Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenaya Therapeutics' 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 Tenaya Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenaya Therapeutics Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenaya Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Tenaya Stock refer to our How to Trade Tenaya Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Biotechnology 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 Tenaya Therapeutics. If investors know Tenaya 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 Tenaya Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.53)
Return On Assets
(0.41)
Return On Equity
(0.75)
The market value of Tenaya Therapeutics is measured differently than its book value, which is the value of Tenaya that is recorded on the company's balance sheet. Investors also form their own opinion of Tenaya Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Tenaya Therapeutics' 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 Tenaya Therapeutics' market value can be influenced by many factors that don't directly affect Tenaya Therapeutics' 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 Tenaya Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenaya Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenaya Therapeutics' 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.