Cipher Pharmaceuticals Stock Price on May 6, 2024

CPH Stock  CAD 14.40  0.16  1.12%   
Below is the normalized historical share price chart for Cipher Pharmaceuticals extending back to February 25, 2004. 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 Cipher Pharmaceuticals stands at 14.40, as last reported on the 27th of November, with the highest price reaching 14.42 and the lowest price hitting 14.00 during the day.
200 Day MA
11.2256
50 Day MA
15.2774
Beta
1.174
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cipher Stock, it is important to understand the factors that can impact its price. Cipher Pharmaceuticals secures Sharpe Ratio (or Efficiency) of -0.0854, which signifies that the company had a -0.0854% return per unit of risk over the last 3 months. Cipher Pharmaceuticals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cipher Pharmaceuticals' Risk Adjusted Performance of (0.01), standard deviation of 4.05, and Mean Deviation of 2.91 to double-check the risk estimate we provide.
  
At this time, Cipher Pharmaceuticals' Total Stockholder Equity is very stable compared to the past year. As of the 27th of November 2024, Common Stock Shares Outstanding is likely to grow to about 32.1 M, while Liabilities And Stockholders Equity is likely to drop about 46.4 M. . At this time, Cipher Pharmaceuticals' Price Earnings To Growth Ratio is very stable compared to the past year. As of the 27th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 6.98, while Price To Sales Ratio is likely to drop 4.78. Cipher Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0854

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Estimated Market Risk

 4.01
  actual daily
35
65% of assets are more volatile

Expected Return

 -0.34
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cipher Pharmaceuticals 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 Cipher Pharmaceuticals by adding Cipher Pharmaceuticals to a well-diversified portfolio.
Price Book
2.7513
Enterprise Value Ebitda
24.4664
Price Sales
13.771
Shares Float
14.5 M
Wall Street Target Price
16.7

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Cipher Pharmaceuticals Valuation on May 6, 2024

It is possible to determine the worth of Cipher Pharmaceuticals on a given historical date. On May 6, 2024 Cipher was worth 8.95 at the beginning of the trading date compared to the closed value of 9.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cipher Pharmaceuticals stock. Still, in general, we apply an absolute valuation method to find Cipher Pharmaceuticals' 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 Cipher Pharmaceuticals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cipher Pharmaceuticals' related companies.
 Open High Low Close Volume
  8.67    9.03    8.67    8.95    26,200  
05/06/2024
  8.95    9.33    8.95    9.30    49,400  
  9.36    9.48    9.22    9.24    25,600  
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Open Value
8.95
9.3
Closing Value
20.97
Upside

Cipher Pharmaceuticals Trading Date Momentum on May 6, 2024

On May 07 2024 Cipher Pharmaceuticals was traded for  9.24  at the closing time. The maximum traded price for the trading interval was 9.48  and the lowest daily price was  9.22 . The daily volume was recorded at 25.6 K. The volume of trading on 7th of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.65% . The overall trading delta to the closing price today is 4.84% .

Cipher Pharmaceuticals Fundamentals Correlations and Trends

By evaluating Cipher Pharmaceuticals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cipher Pharmaceuticals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cipher financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cipher Pharmaceuticals Stock history

Cipher Pharmaceuticals 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 Cipher is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cipher Pharmaceuticals 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 Cipher Pharmaceuticals stock prices may prove useful in developing a viable investing in Cipher Pharmaceuticals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding25.4 M32.1 M
Net Income Applicable To Common Shares30.6 M32.2 M

Cipher Pharmaceuticals Quarterly Net Working Capital

50.05 Million

Cipher Pharmaceuticals Stock Technical Analysis

Cipher Pharmaceuticals 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.
A focus of Cipher Pharmaceuticals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cipher Pharmaceuticals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cipher Pharmaceuticals Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cipher Pharmaceuticals cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Cipher Pharmaceuticals November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Cipher Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cipher Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Cipher Pharmaceuticals stock market strength indicators, traders can identify Cipher Pharmaceuticals entry and exit signals to maximize returns

Cipher Pharmaceuticals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cipher Pharmaceuticals' price direction in advance. Along with the technical and fundamental analysis of Cipher Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cipher 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.

Other Information on Investing in Cipher Stock

Cipher Pharmaceuticals financial ratios help investors to determine whether Cipher Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cipher with respect to the benefits of owning Cipher Pharmaceuticals security.