Cybin Inc Stock Price on August 27, 2024
| CYBN Stock | USD 10.16 1.00 8.96% |
Below is the normalized historical share price chart for Cybin Inc extending back to September 13, 2019. 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 Cybin stands at 10.16, as last reported on the 22nd of November, with the highest price reaching 11.39 and the lowest price hitting 9.95 during the day.
If you're considering investing in Cybin Stock, it is important to understand the factors that can impact its price. As of now, Cybin Stock is moderately volatile. Cybin Inc secures Sharpe Ratio (or Efficiency) of 0.0239, which signifies that the company had a 0.0239% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Cybin Inc, which you can use to evaluate the volatility of the firm. Please confirm Cybin's risk adjusted performance of 0.0283, and Mean Deviation of 3.51 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, Cybin's Total Stockholder Equity is very stable compared to the past year. As of the 22nd of November 2024, Liabilities And Stockholders Equity is likely to grow to about 317.1 M, while Common Stock Shares Outstanding is likely to drop about 7.9 M. . At this time, Cybin's Price Book Value Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price To Book Ratio is likely to grow to 345.25, while Price To Sales Ratio is likely to drop 4,611. Cybin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of September 2019 | 200 Day MA 11.7964 | 50 Day MA 9.9214 | Beta 0.885 |
Cybin |
Sharpe Ratio = 0.0239
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| Cash | Small Risk | Average Risk | CYBN | Huge Risk |
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Estimated Market Risk
| 4.87 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Cybin is performing at about 1% 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 Cybin by adding it to a well-diversified portfolio.
Price Book 1.1131 | Enterprise Value Ebitda (3.79) | Price Sales 278.2498 | Shares Float 14.3 M | Wall Street Target Price 145.8055 |
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Cybin Valuation on August 27, 2024
It is possible to determine the worth of Cybin on a given historical date. On August 27, 2024 Cybin was worth 10.16 at the beginning of the trading date compared to the closed value of 10.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cybin stock. Still, in general, we apply an absolute valuation method to find Cybin's 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 Cybin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cybin's related companies.
| Open | High | Low | Close | Volume | |
| 10.30 | 10.30 | 9.99 | 10.15 | 107,879 | |
08/27/2024 | 10.16 | 10.18 | 9.75 | 10.11 | 82,096 |
| 9.61 | 10.11 | 8.74 | 10.03 | 609,705 |
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Cybin Trading Date Momentum on August 27, 2024
| On August 28 2024 Cybin Inc was traded for 10.03 at the closing time. The top price for the day was 10.11 and the lowest listed price was 8.74 . The trading volume for the day was 609.7 K. The trading history from August 28, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.79% . The overall trading delta against the current closing price is 19.19% . |
Cybin Inc Fundamentals Correlations and Trends
By evaluating Cybin's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cybin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cybin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cybin Stock history
Cybin 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 Cybin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cybin Inc 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 Cybin stock prices may prove useful in developing a viable investing in Cybin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.3 M | 7.9 M | |
| Net Loss | -42.7 M | -44.9 M |
Cybin Quarterly Net Working Capital |
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Cybin Stock Technical Analysis
Cybin 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
Cybin Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Cybin Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
Cybin November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Cybin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cybin shares will generate the highest return on investment. By undertsting and applying Cybin stock market strength indicators, traders can identify Cybin Inc entry and exit signals to maximize returns
Cybin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cybin's price direction in advance. Along with the technical and fundamental analysis of Cybin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cybin 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 | 0.0283 | |||
| Jensen Alpha | 0.0433 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0036 | |||
| Treynor Ratio | 0.1597 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cybin Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 Cybin. If investors know Cybin 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 Cybin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.12) | Return On Assets (0.33) | Return On Equity (0.49) |
The market value of Cybin Inc is measured differently than its book value, which is the value of Cybin that is recorded on the company's balance sheet. Investors also form their own opinion of Cybin's value that differs from its market value or its book value, called intrinsic value, which is Cybin's 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 Cybin's market value can be influenced by many factors that don't directly affect Cybin's 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 Cybin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cybin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cybin's 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.