Cidara Therapeutics Stock Price on October 24, 2024
| CDTX Stock | USD 20.40 2.95 16.91% |
Below is the normalized historical share price chart for Cidara Therapeutics extending back to April 14, 2015. 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 Cidara Therapeutics stands at 20.40, as last reported on the 23rd of November, with the highest price reaching 21.28 and the lowest price hitting 17.52 during the day.
If you're considering investing in Cidara Stock, it is important to understand the factors that can impact its price. Cidara Therapeutics appears to be slightly risky, given 3 months investment horizon. Cidara Therapeutics secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of standard deviation over the last 3 months. By analyzing Cidara Therapeutics' technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please makes use of Cidara Therapeutics' mean deviation of 2.65, and Risk Adjusted Performance of 0.1513 to double-check if our risk estimates are consistent with your expectations.
At this time, Cidara Therapeutics' Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 71.9 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (7.8 M). . Price To Sales Ratio is likely to drop to 1.03 in 2024. Price Earnings Ratio is likely to drop to -3.18 in 2024. Cidara Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of April 2015 | 200 Day MA 13.0169 | 50 Day MA 12.1246 | Beta 0.994 |
Cidara |
Sharpe Ratio = 0.1921
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Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Cidara Therapeutics is performing at about 15% 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 Cidara Therapeutics by adding it to a well-diversified portfolio.
Price Book 1.2432 | Enterprise Value Ebitda (1.64) | Price Sales 2.6685 | Shares Float 4.2 M | Wall Street Target Price 27.3333 |
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Cidara Therapeutics Valuation on October 24, 2024
It is possible to determine the worth of Cidara Therapeutics on a given historical date. On October 24, 2024 Cidara was worth 11.4 at the beginning of the trading date compared to the closed value of 11.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cidara Therapeutics stock. Still, in general, we apply an absolute valuation method to find Cidara 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 Cidara Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cidara Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 11.11 | 11.41 | 11.07 | 11.30 | 18,444 | |
10/24/2024 | 11.40 | 11.70 | 11.12 | 11.16 | 10,837 |
| 11.30 | 13.25 | 11.29 | 12.60 | 74,991 |
| Backtest Cidara Therapeutics | | | Cidara Therapeutics History | | | Cidara Therapeutics Valuation | Previous | Next |
Cidara Therapeutics Trading Date Momentum on October 24, 2024
| On October 25 2024 Cidara Therapeutics was traded for 12.60 at the closing time. The top price for the day was 13.25 and the lowest listed price was 11.29 . The trading volume for the day was 75 K. The trading history from October 25, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 12.90% . The overall trading delta against the current closing price is 17.29% . |
Cidara Therapeutics Fundamentals Correlations and Trends
By evaluating Cidara 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 Cidara Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cidara financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cidara Therapeutics Stock history
Cidara 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 Cidara is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cidara 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 Cidara Therapeutics stock prices may prove useful in developing a viable investing in Cidara Therapeutics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.4 M | 4.6 M | |
| Net Loss | -26.8 M | -28.2 M |
Cidara Therapeutics Stock Technical Analysis
Cidara 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
Cidara Therapeutics Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
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Cidara Therapeutics November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Cidara 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 Cidara Therapeutics shares will generate the highest return on investment. By undertsting and applying Cidara Therapeutics stock market strength indicators, traders can identify Cidara Therapeutics entry and exit signals to maximize returns
Cidara Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cidara Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Cidara Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cidara 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 | 0.1513 | |||
| Jensen Alpha | 0.6814 | |||
| Total Risk Alpha | 0.1094 | |||
| Sortino Ratio | 0.2596 | |||
| Treynor Ratio | 1.27 |
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Additional Tools for Cidara Stock Analysis
When running Cidara Therapeutics' price analysis, check to measure Cidara Therapeutics' 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 Cidara Therapeutics is operating at the current time. Most of Cidara Therapeutics' value examination focuses on studying past and present price action to predict the probability of Cidara Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cidara Therapeutics' price. Additionally, you may evaluate how the addition of Cidara Therapeutics to your portfolios can decrease your overall portfolio volatility.