Avidity Biosciences Stock Price History

RNA Stock  USD 43.25  0.69  1.62%   
Below is the normalized historical share price chart for Avidity Biosciences extending back to June 12, 2020. 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 Avidity Biosciences stands at 43.25, as last reported on the 22nd of November, with the highest price reaching 44.03 and the lowest price hitting 41.75 during the day.
IPO Date
28th of June 2013
200 Day MA
34.8485
50 Day MA
45.3856
Beta
0.908
 
Covid
If you're considering investing in Avidity Stock, it is important to understand the factors that can impact its price. At this point, Avidity Biosciences is not too volatile. Avidity Biosciences secures Sharpe Ratio (or Efficiency) of 0.0132, which signifies that the company had a 0.0132% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Avidity Biosciences, which you can use to evaluate the volatility of the firm. Please confirm Avidity Biosciences' Downside Deviation of 4.43, risk adjusted performance of 0.0087, and Mean Deviation of 2.9 to double-check if the risk estimate we provide is consistent with the expected return of 0.0556%.
  
At present, Avidity Biosciences' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 1.1 B, whereas Common Stock is forecasted to decline to 7,600. . At present, Avidity Biosciences' Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.32, whereas Price To Sales Ratio is forecasted to decline to 65.66. Avidity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0132

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Estimated Market Risk

 4.21
  actual daily
37
63% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average Avidity Biosciences is performing at about 1% 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 Avidity Biosciences by adding it to a well-diversified portfolio.
Price Book
3.3776
Enterprise Value Ebitda
(5.72)
Price Sales
501.9068
Shares Float
99 M
Wall Street Target Price
68.5455

Avidity Biosciences Stock Price History Chart

There are several ways to analyze Avidity Stock price data. The simplest method is using a basic Avidity candlestick price chart, which shows Avidity Biosciences price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 13, 202452.5
Lowest PriceSeptember 6, 202440.46

Avidity Biosciences November 22, 2024 Stock Price Synopsis

Various analyses of Avidity Biosciences' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Avidity Stock. It can be used to describe the percentage change in the price of Avidity Biosciences from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Avidity Stock.
Avidity Biosciences Accumulation Distribution 51,429 
Avidity Biosciences Price Daily Balance Of Power 0.30 
Avidity Biosciences Price Rate Of Daily Change 1.02 
Avidity Biosciences Price Action Indicator 0.70 

Avidity Biosciences November 22, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Avidity Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Avidity Biosciences intraday prices and daily technical indicators to check the level of noise trading in Avidity Stock and then apply it to test your longer-term investment strategies against Avidity.

Avidity Stock Price History Data

The price series of Avidity Biosciences for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 has a statistical range of 12.04 with a coefficient of variation of 5.93. The price distribution for the period has arithmetic mean of 44.66. The median price for the last 90 days is 44.57.
OpenHighLowCloseVolume
11/22/2024 42.56  44.03  41.75  43.25  993,160 
11/21/2024 43.86  44.68  42.30  42.56  759,565 
11/20/2024 42.82  44.64  42.21  43.65  675,440 
11/19/2024 40.45  43.38  40.39  43.25  1,113,571 
11/18/2024 42.02  42.32  39.50  41.35  1,147,672 
11/15/2024 50.32  50.32  41.84  42.18  2,000,160 
11/14/2024 53.55  54.24  49.81  49.97  1,763,382 
11/13/2024 47.32  56.00  46.82  52.50  3,213,619 
11/12/2024 46.06  47.99  45.65  46.73  1,081,545 
11/11/2024 47.09  48.32  46.44  47.12  933,300 
11/08/2024 46.76  47.30  44.85  46.72  1,075,529 
11/07/2024 47.38  48.73  46.47  47.51  845,466 
11/06/2024 46.85  47.30  44.30  47.24  1,272,484 
11/05/2024 44.82  45.43  43.39  45.09  764,819 
11/04/2024 41.40  45.59  41.12  44.82  1,450,829 
11/01/2024 42.74  43.48  41.36  41.87  1,121,909 
10/31/2024 43.10  43.17  42.18  42.26  853,758 
10/30/2024 44.05  44.61  43.22  43.22  549,653 
10/29/2024 45.24  45.67  44.03  44.57  485,864 
10/28/2024 46.01  46.64  45.40  45.72  629,602 
10/25/2024 45.50  46.30  45.08  45.11  524,301 
10/24/2024 45.47  46.29  44.75  45.15  417,159 
10/23/2024 47.13  47.29  45.24  45.40  793,556 
10/22/2024 46.15  48.23  46.15  47.38  489,205 
10/21/2024 49.96  50.40  45.83  46.71  1,167,777 
10/18/2024 48.50  50.78  47.80  50.45  1,211,912 
10/17/2024 48.74  49.12  48.02  48.52  634,881 
10/16/2024 47.16  49.60  46.52  48.94  1,114,580 
10/15/2024 46.65  47.22  45.20  46.70  501,828 
10/14/2024 46.09  47.21  45.58  46.71  493,208 
10/11/2024 44.11  46.62  43.76  46.60  744,723 
10/10/2024 44.59  45.98  43.13  44.22  763,884 
10/09/2024 46.38  46.38  45.04  45.76  755,073 
10/08/2024 44.08  47.54  43.92  46.33  794,364 
10/07/2024 46.80  47.06  43.94  43.95  949,835 
10/04/2024 48.00  48.61  47.08  47.30  766,222 
10/03/2024 47.43  48.72  46.27  47.05  1,272,885 
10/02/2024 48.37  49.41  46.56  47.12  1,283,566 
10/01/2024 45.66  48.63  45.16  48.51  1,424,850 
09/30/2024 42.12  46.35  42.00  45.93  1,205,204 
09/27/2024 42.39  43.18  41.58  42.33  911,904 
09/26/2024 46.27  46.94  41.01  42.17  2,165,672 
09/25/2024 44.00  46.54  43.44  45.95  2,619,509 
09/24/2024 44.30  44.67  42.77  44.00  1,910,358 
09/23/2024 44.00  44.51  43.13  43.50  2,014,852 
09/20/2024 45.85  46.09  44.05  44.48  4,813,028 
09/19/2024 45.57  46.08  45.06  45.65  3,633,103 
09/18/2024 42.24  45.25  42.19  44.63  4,715,491 
09/17/2024 42.10  42.51  41.69  42.19  1,560,795 
09/16/2024 42.18  42.45  41.14  41.75  994,285 
09/13/2024 41.27  42.00  41.09  41.71  1,692,009 
09/12/2024 40.81  41.75  40.13  41.31  1,010,867 
09/11/2024 40.46  41.00  39.76  40.54  850,778 
09/10/2024 41.00  41.75  40.56  40.79  729,637 
09/09/2024 41.00  42.00  40.50  40.76  772,871 
09/06/2024 40.77  41.18  39.35  40.46  901,424 
09/05/2024 41.40  41.85  40.15  40.76  534,579 
09/04/2024 40.56  42.39  40.24  41.71  610,960 
09/03/2024 43.36  43.40  39.62  40.99  1,862,897 
08/30/2024 42.96  44.61  42.31  44.00  1,095,332 
08/29/2024 43.92  44.30  42.52  42.64  735,926 

About Avidity Biosciences Stock history

Avidity 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 Avidity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avidity 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 Avidity Biosciences stock prices may prove useful in developing a viable investing in Avidity Biosciences
Last ReportedProjected for Next Year
Common Stock Shares Outstanding73 M45.2 M
Net Loss-156.6 M-148.8 M

Avidity Biosciences Quarterly Net Working Capital

1.53 Billion

Avidity Biosciences Stock Technical Analysis

Avidity 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.
A focus of Avidity Biosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avidity Biosciences trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Avidity Biosciences Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Avidity Biosciences' price direction in advance. Along with the technical and fundamental analysis of Avidity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avidity 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.

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When running Avidity Biosciences' price analysis, check to measure Avidity 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 Avidity Biosciences is operating at the current time. Most of Avidity Biosciences' value examination focuses on studying past and present price action to predict the probability of Avidity Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avidity Biosciences' price. Additionally, you may evaluate how the addition of Avidity Biosciences to your portfolios can decrease your overall portfolio volatility.
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