Pharnext (France) Price on February 27, 2024
| ALPHA Stock | EUR 0.0002 0.00 0.00% |
If you're considering investing in Pharnext Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pharnext stands at 0.0002, as last reported on the 24th of November, with the highest price reaching 0.0002 and the lowest price hitting 0.0001 during the day. We have found nineteen technical indicators for Pharnext SA, which you can use to evaluate the volatility of the company. Please check Pharnext's Risk Adjusted Performance of 0.0514, coefficient of variation of 1827.74, and Variance of 191.72 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Pharnext Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pharnext |
Sharpe Ratio = 0.0
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Based on monthly moving average Pharnext 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 Pharnext by adding Pharnext to a well-diversified portfolio.
Pharnext Valuation on February 27, 2024
It is possible to determine the worth of Pharnext on a given historical date. On February 27, 2024 Pharnext was worth 0.51 at the beginning of the trading date compared to the closed value of 0.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pharnext stock. Still, in general, we apply an absolute valuation method to find Pharnext'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 Pharnext where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pharnext's related companies.
| Open | High | Low | Close | Volume | |
| 0.50 | 0.85 | 0.50 | 0.85 | 22,510 | |
02/27/2024 | 0.51 | 0.60 | 0.51 | 0.57 | 23,711 |
| 0.62 | 0.81 | 0.43 | 0.44 | 118,777 |
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Pharnext Trading Date Momentum on February 27, 2024
| On February 28 2024 Pharnext SA was traded for 0.44 at the closing time. The highest price during the trading period was 0.81 and the lowest recorded bid was listed for 0.43 . The volume for the day was 118.8 K. This history from February 28, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 22.81% . The trading delta at closing time to the current price is 42.11% . |
Pharnext SA Fundamentals Correlations and Trends
By evaluating Pharnext'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 Pharnext's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pharnext financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pharnext Stock history
Pharnext 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 Pharnext is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pharnext SA 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 Pharnext stock prices may prove useful in developing a viable investing in Pharnext
Pharnext SA, a clinical-stage biopharmaceutical company, develops therapeutics for severe orphan and common neurodegenerative diseases in France. The company was founded in 2007 and is based in Issy-Les-Moulineaux, France. Pharnext S is traded on Paris Stock Exchange in France.
Pharnext Stock Technical Analysis
Pharnext 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
Pharnext Period Price Range
Low | November 24, 2024
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0.00 | 0.00 |
Pharnext SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Pharnext November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Pharnext stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pharnext shares will generate the highest return on investment. By undertsting and applying Pharnext stock market strength indicators, traders can identify Pharnext SA entry and exit signals to maximize returns
Pharnext Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pharnext's price direction in advance. Along with the technical and fundamental analysis of Pharnext Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pharnext 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 | 0.0514 | |||
| Jensen Alpha | 0.8974 | |||
| Total Risk Alpha | (1.43) | |||
| Treynor Ratio | (0.60) |
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Additional Tools for Pharnext Stock Analysis
When running Pharnext's price analysis, check to measure Pharnext'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 Pharnext is operating at the current time. Most of Pharnext's value examination focuses on studying past and present price action to predict the probability of Pharnext's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pharnext's price. Additionally, you may evaluate how the addition of Pharnext to your portfolios can decrease your overall portfolio volatility.