Beyondspring Stock Price on October 2, 2024
BYSI Stock | USD 1.74 0.03 1.75% |
If you're considering investing in BeyondSpring Stock, it is important to understand the factors that can impact its price. As of today, the current price of BeyondSpring stands at 1.74, as last reported on the 22nd of November, with the highest price reaching 1.74 and the lowest price hitting 1.66 during the day. BeyondSpring secures Sharpe Ratio (or Efficiency) of -0.0405, which signifies that the company had a -0.0405% return per unit of risk over the last 3 months. BeyondSpring exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BeyondSpring's Standard Deviation of 3.6, mean deviation of 2.79, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
BeyondSpring Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BeyondSpring |
Sharpe Ratio = -0.0405
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Estimated Market Risk
3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BeyondSpring 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 BeyondSpring by adding BeyondSpring to a well-diversified portfolio.
BeyondSpring Valuation on October 2, 2024
It is possible to determine the worth of BeyondSpring on a given historical date. On October 2, 2024 BeyondSpring was worth 2.42 at the beginning of the trading date compared to the closed value of 2.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BeyondSpring stock. Still, in general, we apply an absolute valuation method to find BeyondSpring'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 BeyondSpring where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BeyondSpring's related companies.
Open | High | Low | Close | Volume | |
2.34 | 2.60 | 2.30 | 2.41 | 83,829 | |
10/02/2024 | 2.42 | 2.59 | 2.29 | 2.57 | 28,332 |
2.31 | 2.52 | 2.15 | 2.37 | 64,547 |
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BeyondSpring Trading Date Momentum on October 2, 2024
On October 03 2024 BeyondSpring was traded for 2.37 at the closing time. The top price for the day was 2.52 and the lowest listed price was 2.15 . The trading volume for the day was 64.5 K. The trading history from October 3, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 7.78% . The overall trading delta against the current closing price is 1.56% . |
BeyondSpring Fundamentals Correlations and Trends
By evaluating BeyondSpring'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 BeyondSpring's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BeyondSpring financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BeyondSpring Stock history
BeyondSpring 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 BeyondSpring is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BeyondSpring 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 BeyondSpring stock prices may prove useful in developing a viable investing in BeyondSpring
BeyondSpring Inc., a clinical stage biopharmaceutical company, together with its subsidiaries, focuses on the development of cancer therapies. The company was founded in 2010 and is headquartered in New York, New York. Beyondspring operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 103 people.
BeyondSpring Stock Technical Analysis
BeyondSpring 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
BeyondSpring Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
BeyondSpring 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.
BeyondSpring November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how BeyondSpring stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BeyondSpring shares will generate the highest return on investment. By undertsting and applying BeyondSpring stock market strength indicators, traders can identify BeyondSpring entry and exit signals to maximize returns
BeyondSpring Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BeyondSpring's price direction in advance. Along with the technical and fundamental analysis of BeyondSpring Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BeyondSpring 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 | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | 0.1814 |
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Volume Indicators |
Complementary Tools for BeyondSpring Stock analysis
When running BeyondSpring's price analysis, check to measure BeyondSpring'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 BeyondSpring is operating at the current time. Most of BeyondSpring's value examination focuses on studying past and present price action to predict the probability of BeyondSpring's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BeyondSpring's price. Additionally, you may evaluate how the addition of BeyondSpring to your portfolios can decrease your overall portfolio volatility.
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