Journey Medical Corp Stock Price on December 31, 2023
| DERM Stock | USD 5.20 0.03 0.57% |
If you're considering investing in Journey Stock, it is important to understand the factors that can impact its price. As of today, the current price of Journey Medical stands at 5.20, as last reported on the 22nd of November, with the highest price reaching 5.38 and the lowest price hitting 5.05 during the day. As of now, Journey Stock is relatively risky. Journey Medical Corp holds Efficiency (Sharpe) Ratio of 0.0461, which attests that the entity had a 0.0461% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Journey Medical Corp, which you can use to evaluate the volatility of the firm. Please check out Journey Medical's Market Risk Adjusted Performance of 0.2525, risk adjusted performance of 0.0703, and Downside Deviation of 4.1 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
As of the 22nd of November 2024, Common Stock Shares Outstanding is likely to grow to about 18.8 M, while Total Stockholder Equity is likely to drop about 19.3 M. . At this time, Journey Medical's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 21.04, though Price Earnings Ratio is likely to grow to (25.89). Journey Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Journey |
Sharpe Ratio = 0.0461
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Estimated Market Risk
| 4.14 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Journey Medical is performing at about 3% 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 Journey Medical by adding it to a well-diversified portfolio.
Price Book 9.9421 | Enterprise Value Ebitda 17.7192 | Price Sales 1.8803 | Shares Float 10.3 M | Wall Street Target Price 10 |
Journey Medical Valuation on December 31, 2023
It is possible to determine the worth of Journey Medical on a given historical date. On December 31, 2023 Journey was worth 6.39 at the beginning of the trading date compared to the closed value of 5.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Journey Medical stock. Still, in general, we apply an absolute valuation method to find Journey Medical'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 Journey Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Journey Medical's related companies.
| Open | High | Low | Close | Volume | |
| 7.12 | 7.12 | 6.16 | 6.36 | 460,697 | |
12/29/2023 | 6.39 | 6.42 | 5.39 | 5.76 | 513,677 |
| 5.78 | 6.15 | 5.24 | 5.43 | 497,290 |
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Journey Medical Trading Date Momentum on December 31, 2023
| On January 02 2024 Journey Medical Corp was traded for 5.43 at the closing time. The top price for the day was 6.15 and the lowest listed price was 5.24 . The trading volume for the day was 497.3 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.73% . The trading delta at closing time against the current closing price is 13.37% . |
Journey Medical Corp Fundamentals Correlations and Trends
By evaluating Journey Medical'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 Journey Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Journey financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Journey Medical Stock history
Journey Medical 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 Journey is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Journey Medical Corp 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 Journey Medical stock prices may prove useful in developing a viable investing in Journey Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 18.2 M | 18.8 M | |
| Net Loss | -26.7 M | -25.3 M |
Journey Medical Stock Technical Analysis
Journey Medical 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
Journey Medical Period Price Range
Low | November 22, 2024
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0.00 | 0.00 |
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Journey Medical November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Journey Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Journey Medical shares will generate the highest return on investment. By undertsting and applying Journey Medical stock market strength indicators, traders can identify Journey Medical Corp entry and exit signals to maximize returns
Journey Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Journey Medical's price direction in advance. Along with the technical and fundamental analysis of Journey Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Journey 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 | 0.0703 | |||
| Jensen Alpha | 0.1946 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0562 | |||
| Treynor Ratio | 0.2425 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Journey Medical Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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 Journey Medical. If investors know Journey 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 Journey Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.92) | Revenue Per Share 2.921 | Quarterly Revenue Growth (0.58) | Return On Assets (0.17) | Return On Equity (1.30) |
The market value of Journey Medical Corp is measured differently than its book value, which is the value of Journey that is recorded on the company's balance sheet. Investors also form their own opinion of Journey Medical's value that differs from its market value or its book value, called intrinsic value, which is Journey Medical'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 Journey Medical's market value can be influenced by many factors that don't directly affect Journey Medical'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 Journey Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Journey Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Journey Medical'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.