Carisma Therapeutics Stock Price on September 26, 2024
| CARM Stock | 0.85 0.01 1.19% |
Below is the normalized historical share price chart for Carisma Therapeutics extending back to February 06, 2014. 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 Carisma Therapeutics stands at 0.85, as last reported on the 1st of December, with the highest price reaching 0.89 and the lowest price hitting 0.85 during the day.
If you're considering investing in Carisma Stock, it is important to understand the factors that can impact its price. Carisma Therapeutics secures Sharpe Ratio (or Efficiency) of -0.0787, which signifies that the company had a -0.0787% return per unit of risk over the last 3 months. Carisma Therapeutics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carisma Therapeutics' Risk Adjusted Performance of (0.11), standard deviation of 2.91, and Mean Deviation of 2.15 to double-check the risk estimate we provide.
At this time, Carisma Therapeutics' Total Stockholder Equity is very stable compared to the past year. As of the 1st of December 2024, Common Stock Shares Outstanding is likely to grow to about 35.2 M, while Capital Stock is likely to drop about 38 K. . At this time, Carisma Therapeutics' Price Book Value Ratio is very stable compared to the past year. As of the 1st of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.01, while Price Earnings Ratio is likely to drop (1.19). Carisma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of February 2014 | 200 Day MA 1.3878 | 50 Day MA 0.9569 |
Carisma |
Sharpe Ratio = -0.0787
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| Negative Returns | CARM |
Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Carisma Therapeutics 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 Carisma Therapeutics by adding Carisma Therapeutics to a well-diversified portfolio.
Price Book 114.0987 | Enterprise Value Ebitda (0.06) | Price Sales 1.7596 | Shares Float 22.6 M | Wall Street Target Price 9.8 |
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Carisma Therapeutics Valuation on September 26, 2024
It is possible to determine the worth of Carisma Therapeutics on a given historical date. On September 26, 2024 Carisma was worth 0.99 at the beginning of the trading date compared to the closed value of 0.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carisma Therapeutics stock. Still, in general, we apply an absolute valuation method to find Carisma Therapeutics' 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 Carisma Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carisma Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 0.97 | 1.00 | 0.97 | 0.98 | 57,263 | |
09/26/2024 | 0.99 | 1.00 | 0.93 | 0.99 | 157,028 |
| 0.98 | 1.03 | 0.98 | 1.01 | 106,378 |
| Backtest Carisma Therapeutics | | | Carisma Therapeutics History | | | Carisma Therapeutics Valuation | Previous | Next |
Carisma Therapeutics Trading Date Momentum on September 26, 2024
| On September 27 2024 Carisma Therapeutics was traded for 1.01 at the closing time. The top price for the day was 1.03 and the lowest listed price was 0.98 . The trading volume for the day was 106.4 K. The trading history from September 27, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 2.02% . The overall trading delta against the current closing price is 5.05% . |
Carisma Therapeutics Fundamentals Correlations and Trends
By evaluating Carisma Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Carisma Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carisma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Carisma Therapeutics Stock history
Carisma Therapeutics 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 Carisma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carisma Therapeutics 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 Carisma Therapeutics stock prices may prove useful in developing a viable investing in Carisma Therapeutics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 33.5 M | 35.2 M | |
| Net Loss | -36.7 M | -38.5 M |
Carisma Therapeutics Quarterly Net Working Capital |
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Carisma Therapeutics Stock Technical Analysis
Carisma Therapeutics 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
Carisma Therapeutics Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Carisma Therapeutics 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.
Carisma Therapeutics December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Carisma Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carisma Therapeutics shares will generate the highest return on investment. By undertsting and applying Carisma Therapeutics stock market strength indicators, traders can identify Carisma Therapeutics entry and exit signals to maximize returns
Carisma Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carisma Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Carisma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carisma 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 | (0.11) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.44) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carisma Therapeutics. 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 Carisma Stock, please use our How to Invest in Carisma Therapeutics guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 Carisma Therapeutics. If investors know Carisma 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 Carisma Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.52) | Revenue Per Share 0.493 | Quarterly Revenue Growth (0.12) | Return On Assets (0.56) | Return On Equity (3.63) |
The market value of Carisma Therapeutics is measured differently than its book value, which is the value of Carisma that is recorded on the company's balance sheet. Investors also form their own opinion of Carisma Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Carisma Therapeutics' 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 Carisma Therapeutics' market value can be influenced by many factors that don't directly affect Carisma Therapeutics' 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 Carisma Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Carisma Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carisma Therapeutics' 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.