Crinetics Pharmaceuticals Stock Price on January 4, 2024

CRNX Stock  USD 57.20  0.47  0.81%   
Below is the normalized historical share price chart for Crinetics Pharmaceuticals extending back to July 18, 2018. 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 Crinetics Pharmaceuticals stands at 57.20, as last reported on the 30th of November, with the highest price reaching 57.81 and the lowest price hitting 56.90 during the day.
IPO Date
18th of July 2018
200 Day MA
49.2821
50 Day MA
55.5764
Beta
0.619
 
Covid
If you're considering investing in Crinetics Stock, it is important to understand the factors that can impact its price. At this stage we consider Crinetics Stock to be very steady. Crinetics Pharmaceuticals secures Sharpe Ratio (or Efficiency) of 0.0747, which signifies that the company had a 0.0747% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Crinetics Pharmaceuticals, which you can use to evaluate the volatility of the firm. Please confirm Crinetics Pharmaceuticals' Downside Deviation of 2.64, mean deviation of 1.72, and Risk Adjusted Performance of 0.0401 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
  
At this time, Crinetics Pharmaceuticals' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to about 406.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 33.4 M in 2024. . At this time, Crinetics Pharmaceuticals' Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 4.02 in 2024, whereas Price Earnings Ratio is likely to drop (10.11) in 2024. Crinetics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0747

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Estimated Market Risk

 2.4
  actual daily
21
79% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Crinetics Pharmaceuticals is performing at about 5% 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 Crinetics Pharmaceuticals by adding it to a well-diversified portfolio.
Price Book
6.4205
Enterprise Value Ebitda
(13.40)
Price Sales
5.1 K
Shares Float
91.4 M
Wall Street Target Price
73.2857

Crinetics Pharmaceuticals Main Headline on 4th of January 2024

Filed transaction by Crinetics Pharmaceuticals officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3

Crinetics Pharmaceuticals Valuation on January 4, 2024

It is possible to determine the worth of Crinetics Pharmaceuticals on a given historical date. On January 4, 2024 Crinetics was worth 35.22 at the beginning of the trading date compared to the closed value of 34.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Crinetics Pharmaceuticals stock. Still, in general, we apply an absolute valuation method to find Crinetics 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 Crinetics Pharmaceuticals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Crinetics Pharmaceuticals' related companies.
 Open High Low Close Volume
  35.32    35.49    34.57    34.96    596,483  
01/04/2024
  35.22    35.81    34.69    34.77    588,066  
  34.14    34.89    33.67    34.76    411,972  
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Open Value
35.22
34.77
Closing Value
42.42
Upside

Crinetics Pharmaceuticals Trading Date Momentum on January 4, 2024

On January 05 2024 Crinetics Pharmaceuticals was traded for  34.76  at the closing time. The top price for the day was 34.89  and the lowest listed price was  33.67 . The trading volume for the day was 412 K. The trading history from January 5, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.03% . The overall trading delta against the current closing price is 8.28% .

Crinetics Pharmaceuticals Fundamentals Correlations and Trends

By evaluating Crinetics 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 Crinetics Pharmaceuticals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Crinetics financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Crinetics Pharmaceuticals Stock history

Crinetics 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 Crinetics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Crinetics 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 Crinetics Pharmaceuticals stock prices may prove useful in developing a viable investing in Crinetics Pharmaceuticals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding58.1 M33.4 M
Net Loss-147.5 M-140.1 M

Crinetics Pharmaceuticals Quarterly Net Working Capital

824.02 Million

Crinetics Pharmaceuticals Stock Technical Analysis

Crinetics 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 Crinetics Pharmaceuticals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Crinetics 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

Crinetics Pharmaceuticals Period Price Range

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November 30, 2024
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Crinetics Pharmaceuticals November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Crinetics 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 Crinetics Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Crinetics Pharmaceuticals stock market strength indicators, traders can identify Crinetics Pharmaceuticals entry and exit signals to maximize returns

Crinetics Pharmaceuticals Technical and Predictive Indicators

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

Additional Tools for Crinetics Stock Analysis

When running Crinetics Pharmaceuticals' price analysis, check to measure Crinetics Pharmaceuticals' 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 Crinetics Pharmaceuticals is operating at the current time. Most of Crinetics Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Crinetics Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crinetics Pharmaceuticals' price. Additionally, you may evaluate how the addition of Crinetics Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.