Amarin Plc Stock Price on June 12, 2024
| AMRN Stock | USD 0.51 0.02 3.77% |
Below is the normalized historical share price chart for Amarin PLC extending back to April 01, 1993. 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 Amarin PLC stands at 0.51, as last reported on the 4th of December, with the highest price reaching 0.53 and the lowest price hitting 0.51 during the day.
If you're considering investing in Amarin Stock, it is important to understand the factors that can impact its price. Amarin PLC secures Sharpe Ratio (or Efficiency) of -0.072, which signifies that the company had a -0.072% return per unit of standard deviation over the last 3 months. Amarin PLC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amarin PLC's mean deviation of 2.47, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
At this time, Amarin PLC's Capital Stock is very stable compared to the past year. As of the 4th of December 2024, Stock Based Compensation is likely to grow to about 19.5 M, while Preferred Stock Total Equity is likely to drop about 16.2 M. . At this time, Amarin PLC's Price Fair Value is very stable compared to the past year. Amarin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of April 1993 | 200 Day MA 0.7514 | 50 Day MA 0.5678 | Beta 1.93 |
Amarin |
Sharpe Ratio = -0.072
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AMRN |
Estimated Market Risk
| 3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Amarin PLC 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 Amarin PLC by adding Amarin PLC to a well-diversified portfolio.
Price Book 0.3925 | Enterprise Value Ebitda (5.80) | Price Sales 0.8972 | Shares Float 383.7 M | Wall Street Target Price 1 |
Amarin PLC Valuation on June 12, 2024
It is possible to determine the worth of Amarin PLC on a given historical date. On June 12, 2024 Amarin was worth 0.82 at the beginning of the trading date compared to the closed value of 0.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amarin PLC stock. Still, in general, we apply an absolute valuation method to find Amarin PLC'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 Amarin PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amarin PLC's related companies.
| Open | High | Low | Close | Volume | |
| 0.63 | 0.77 | 0.63 | 0.77 | 5,875,933 | |
06/12/2024 | 0.82 | 0.83 | 0.79 | 0.81 | 3,552,410 |
| 0.81 | 0.83 | 0.78 | 0.81 | 1,368,115 |
| Backtest Amarin PLC | | | Amarin PLC History | | | Amarin PLC Valuation | Previous | Next |
Amarin PLC Trading Date Momentum on June 12, 2024
| On June 13 2024 Amarin PLC was traded for 0.81 at the closing time. The top price for the day was 0.83 and the lowest listed price was 0.78 . The trading volume for the day was 1.4 M. The trading history from June 13, 2024 did not affect price variability. The overall trading delta against the current closing price is 13.58% . |
Amarin PLC Fundamentals Correlations and Trends
By evaluating Amarin PLC'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 Amarin PLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amarin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Amarin PLC Stock history
Amarin PLC 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 Amarin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amarin PLC 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 Amarin PLC stock prices may prove useful in developing a viable investing in Amarin PLC
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 407.7 M | 428 M | |
| Net Loss | -121.7 M | -127.8 M |
Amarin PLC Quarterly Net Working Capital |
|
Amarin PLC Stock Technical Analysis
Amarin PLC 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
Amarin PLC Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Amarin PLC 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.
Amarin PLC December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Amarin PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amarin PLC shares will generate the highest return on investment. By undertsting and applying Amarin PLC stock market strength indicators, traders can identify Amarin PLC entry and exit signals to maximize returns
Amarin PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amarin PLC's price direction in advance. Along with the technical and fundamental analysis of Amarin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amarin 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 | (0.06) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (0.41) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amarin PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Amarin PLC. If investors know Amarin 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 Amarin PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Earnings Share (0.10) | Revenue Per Share 0.588 | Quarterly Revenue Growth (0.36) | Return On Assets (0.03) |
The market value of Amarin PLC is measured differently than its book value, which is the value of Amarin that is recorded on the company's balance sheet. Investors also form their own opinion of Amarin PLC's value that differs from its market value or its book value, called intrinsic value, which is Amarin PLC's 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 Amarin PLC's market value can be influenced by many factors that don't directly affect Amarin PLC's 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 Amarin PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amarin PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amarin PLC's 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.