Theranexus (France) Price on October 18, 2023

ALTHX Stock  EUR 0.66  0.02  2.94%   
If you're considering investing in Theranexus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Theranexus stands at 0.66, as last reported on the 10th of January, with the highest price reaching 0.69 and the lowest price hitting 0.63 during the day. Theranexus appears to be abnormally volatile, given 3 months investment horizon. Theranexus SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0965, which indicates the firm had a 0.0965% return per unit of risk over the last 3 months. By inspecting Theranexus' technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please review Theranexus' Risk Adjusted Performance of 0.0766, coefficient of variation of 1172.51, and Semi Deviation of 2.26 to confirm if our risk estimates are consistent with your expectations.
  
Theranexus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0965

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Estimated Market Risk

 6.0
  actual daily
53
53% of assets are less volatile

Expected Return

 0.58
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Theranexus is performing at about 7% 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 Theranexus by adding it to a well-diversified portfolio.

Theranexus Valuation on October 18, 2023

It is possible to determine the worth of Theranexus on a given historical date. On October 18, 2023 Theranexus was worth 1.14 at the beginning of the trading date compared to the closed value of 1.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Theranexus stock. Still, in general, we apply an absolute valuation method to find Theranexus' 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 Theranexus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Theranexus' related companies.
 Open High Low Close Volume
  1.15    1.15    1.12    1.12    8,199  
10/18/2023
  1.14    1.15    1.12    1.12    3,232  
  1.13    1.13    1.10    1.10    8,760  
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Open Value
1.14
1.12
Closing Value
19.13
Upside

Theranexus Trading Date Momentum on October 18, 2023

On October 19 2023 Theranexus SA was traded for  1.10  at the closing time. The highest price during the trading period was 1.13  and the lowest recorded bid was listed for  1.10 . The volume for the day was 8.8 K. This history from October 19, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.79% . The trading price change to the current price is 0.89% .

Theranexus SA Fundamentals Correlations and Trends

By evaluating Theranexus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Theranexus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Theranexus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Theranexus Stock history

Theranexus 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 Theranexus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Theranexus 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 Theranexus stock prices may prove useful in developing a viable investing in Theranexus
Theranexus socit anonyme, a biopharmaceutical company, develops drug candidates for the treatment of central nervous system disorders. The company was founded in 2013 and is based in Lyon, France. THERANEXUS is traded on Paris Stock Exchange in France.

Theranexus Stock Technical Analysis

Theranexus 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 Theranexus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Theranexus 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...

Price Boundaries

Theranexus Period Price Range

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January 10, 2025
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Theranexus 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.

Theranexus January 10, 2025 Market Strength

Market strength indicators help investors to evaluate how Theranexus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Theranexus shares will generate the highest return on investment. By undertsting and applying Theranexus stock market strength indicators, traders can identify Theranexus SA entry and exit signals to maximize returns

Theranexus Technical and Predictive Indicators

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

Additional Tools for Theranexus Stock Analysis

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