Checkpoint Therapeutics Stock Price on August 15, 2024
| CKPT Stock | USD 4.04 0.27 6.26% |
If you're considering investing in Checkpoint Stock, it is important to understand the factors that can impact its price. As of today, the current price of Checkpoint Therapeutics stands at 4.04, as last reported on the 4th of December, with the highest price reaching 4.39 and the lowest price hitting 3.97 during the day. Checkpoint Therapeutics is slightly risky given 3 months investment horizon. Checkpoint Therapeutics secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of standard deviation over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Checkpoint Therapeutics risk adjusted performance of 0.2106, and Mean Deviation of 3.25 to evaluate company specific risk that cannot be diversified away.
Checkpoint Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Checkpoint |
Sharpe Ratio = 0.2654
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Estimated Market Risk
| 4.1 actual daily | 36 64% of assets are more volatile |
Expected Return
| 1.09 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 20 80% of assets perform better |
Based on monthly moving average Checkpoint Therapeutics is performing at about 20% 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 Checkpoint Therapeutics by adding it to a well-diversified portfolio.
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Cue Biopharma, Inc. came out with a quarterly loss of 0.20 per share versus the Zacks Consensus Estimate of a loss of 0.29. This compares to loss of 0.29 per share a year ago. These figures are adjusted for non-recurring items.
Checkpoint Therapeutics Valuation on August 15, 2024
It is possible to determine the worth of Checkpoint Therapeutics on a given historical date. On August 15, 2024 Checkpoint was worth 2.2 at the beginning of the trading date compared to the closed value of 2.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Checkpoint Therapeutics stock. Still, in general, we apply an absolute valuation method to find Checkpoint 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 Checkpoint Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Checkpoint Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 2.23 | 2.28 | 2.10 | 2.11 | 322,029 | |
08/15/2024 | 2.20 | 2.28 | 2.19 | 2.23 | 216,420 |
| 2.22 | 2.23 | 2.12 | 2.21 | 335,270 |
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Checkpoint Therapeutics Trading Date Momentum on August 15, 2024
| On August 16 2024 Checkpoint Therapeutics was traded for 2.21 at the closing time. The top price for the day was 2.23 and the lowest listed price was 2.12 . The trading volume for the day was 335.3 K. The trading history from August 16, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.90% . The overall trading delta against the current closing price is 1.35% . |
Checkpoint Therapeutics Fundamentals Correlations and Trends
By evaluating Checkpoint 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 Checkpoint Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Checkpoint financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Checkpoint Therapeutics Stock history
Checkpoint 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 Checkpoint is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Checkpoint 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 Checkpoint Therapeutics stock prices may prove useful in developing a viable investing in Checkpoint Therapeutics
Checkpoint Therapeutics, Inc., clinical-stage immunotherapy and targeted oncology company, focuses on the acquisition, development, and commercialization of novel treatments for patients with solid tumor cancers. Checkpoint Therapeutics, Inc. is a subsidiary of Fortress Biotech, Inc. Checkpoint Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 14 people.
Checkpoint Therapeutics Stock Technical Analysis
Checkpoint 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
Checkpoint Therapeutics Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
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Checkpoint Therapeutics December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Checkpoint 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 Checkpoint Therapeutics shares will generate the highest return on investment. By undertsting and applying Checkpoint Therapeutics stock market strength indicators, traders can identify Checkpoint Therapeutics entry and exit signals to maximize returns
Checkpoint Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Checkpoint Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Checkpoint Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Checkpoint 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 | 0.2106 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | 0.523 | |||
| Sortino Ratio | 0.253 | |||
| Treynor Ratio | 2.87 |
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Additional Tools for Checkpoint Stock Analysis
When running Checkpoint Therapeutics' price analysis, check to measure Checkpoint 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 Checkpoint Therapeutics is operating at the current time. Most of Checkpoint Therapeutics' value examination focuses on studying past and present price action to predict the probability of Checkpoint Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Checkpoint Therapeutics' price. Additionally, you may evaluate how the addition of Checkpoint Therapeutics to your portfolios can decrease your overall portfolio volatility.