Alimera Sciences Price on August 15, 2024
ALIMDelisted Stock | USD 5.54 0.01 0.18% |
If you're considering investing in Alimera Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alimera Sciences stands at 5.54, as last reported on the 11th of December 2024, with the highest price reaching 5.56 and the lowest price hitting 5.53 during the day. Alimera Sciences secures Sharpe Ratio (or Efficiency) of -0.58, which signifies that the company had a -0.58% return per unit of risk over the last 3 months. Alimera Sciences exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alimera Sciences' Mean Deviation of 2.74, risk adjusted performance of 0.1075, and Downside Deviation of 1.82 to double-check the risk estimate we provide.
Alimera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alimera |
Sharpe Ratio = -0.5774
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Based on monthly moving average Alimera Sciences 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 Alimera Sciences by adding Alimera Sciences to a well-diversified portfolio.
Alimera Sciences Valuation on August 15, 2024
It is possible to determine the worth of Alimera Sciences on a given historical date. On August 15, 2024 Alimera was worth 5.6 at the beginning of the trading date compared to the closed value of 5.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alimera Sciences stock. Still, in general, we apply an absolute valuation method to find Alimera Sciences' 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 Alimera Sciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alimera Sciences' related companies.
Open | High | Low | Close | Volume | |
5.59 | 5.59 | 5.58 | 5.59 | 64,304 | |
08/15/2024 | 5.60 | 5.60 | 5.58 | 5.58 | 86,810 |
5.57 | 5.60 | 5.57 | 5.58 | 38,644 |
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Alimera Sciences Trading Date Momentum on August 15, 2024
On August 16 2024 Alimera Sciences was traded for 5.58 at the closing time. The top price for the day was 5.60 and the lowest listed price was 5.57 . The trading volume for the day was 38.6 K. The trading history from August 16, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.36% . |
Alimera Sciences Fundamentals Correlations and Trends
By evaluating Alimera Sciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alimera Sciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alimera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alimera Sciences Stock history
Alimera Sciences 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 Alimera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alimera Sciences 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 Alimera Sciences stock prices may prove useful in developing a viable investing in Alimera Sciences
Alimera Sciences, Inc., a pharmaceutical company, engages in the development and commercialization of ophthalmic pharmaceuticals in the United States and internationally. The company was incorporated in 2003 and is headquartered in Alpharetta, Georgia. Alimera Sciences operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 145 people.
Alimera Sciences Stock Technical Analysis
Alimera Sciences 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Alimera Sciences Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
Alimera Sciences cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alimera Sciences December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Alimera Sciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alimera Sciences shares will generate the highest return on investment. By undertsting and applying Alimera Sciences stock market strength indicators, traders can identify Alimera Sciences entry and exit signals to maximize returns
Alimera Sciences Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alimera Sciences' price direction in advance. Along with the technical and fundamental analysis of Alimera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alimera 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 | 0.1075 | |||
Jensen Alpha | 1.01 | |||
Total Risk Alpha | (0.22) | |||
Sortino Ratio | 0.6407 | |||
Treynor Ratio | 0.5331 |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Alimera Stock
If you are still planning to invest in Alimera Sciences check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Alimera Sciences' history and understand the potential risks before investing.
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