Dermata Therapeutics Stock Price on September 30, 2023
| DRMA Stock | USD 1.15 0.01 0.86% |
If you're considering investing in Dermata Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dermata Therapeutics stands at 1.15, as last reported on the 22nd of November, with the highest price reaching 1.24 and the lowest price hitting 1.10 during the day. Dermata Therapeutics secures Sharpe Ratio (or Efficiency) of -0.0344, which denotes the company had a -0.0344% return per unit of risk over the last 3 months. Dermata Therapeutics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dermata Therapeutics' Standard Deviation of 8.34, variance of 69.63, and Mean Deviation of 5.07 to check the risk estimate we provide.
At present, Dermata Therapeutics' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to 655.46, whereas Common Stock Shares Outstanding is forecasted to decline to about 185.2 K. . At present, Dermata Therapeutics' Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 0.29, whereas Price Earnings Ratio is forecasted to decline to (0.24). Dermata Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dermata |
Sharpe Ratio = -0.0344
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Estimated Market Risk
| 8.48 actual daily | 75 75% of assets are less volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dermata Therapeutics 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 Dermata Therapeutics by adding Dermata Therapeutics to a well-diversified portfolio.
Price Book 0.4993 | Book Value 24.251 | Enterprise Value -3.8 M | Enterprise Value Ebitda 0.5842 | Shares Float 1.3 M |
Dermata Therapeutics Valuation on September 30, 2023
It is possible to determine the worth of Dermata Therapeutics on a given historical date. On September 30, 2023 Dermata was worth 16.76 at the beginning of the trading date compared to the closed value of 15.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dermata Therapeutics stock. Still, in general, we apply an absolute valuation method to find Dermata 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 Dermata Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dermata Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 15.75 | 16.80 | 15.75 | 16.20 | 800.00 | |
09/29/2023 | 16.76 | 16.76 | 15.90 | 15.90 | 740.00 |
| 15.75 | 15.90 | 15.45 | 15.60 | 547.00 |
| Backtest Dermata Therapeutics | | | Dermata Therapeutics History | | | Dermata Therapeutics Valuation | Previous | Next |
Dermata Therapeutics Trading Date Momentum on September 30, 2023
| On October 02 2023 Dermata Therapeutics was traded for 15.60 at the closing time. The top price for the day was 15.90 and the lowest listed price was 15.45 . The trading volume for the day was 547. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.89% . The overall trading delta against the current closing price is 5.72% . |
Dermata Therapeutics Fundamentals Correlations and Trends
By evaluating Dermata 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 Dermata Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dermata financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dermata Therapeutics Stock history
Dermata 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 Dermata is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dermata 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 Dermata Therapeutics stock prices may prove useful in developing a viable investing in Dermata Therapeutics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 195 K | 185.2 K | |
| Net Loss | -8.6 M | -9.1 M |
Dermata Therapeutics Stock Technical Analysis
Dermata 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
Dermata Therapeutics Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Dermata Therapeutics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Dermata Therapeutics November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Dermata 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 Dermata Therapeutics shares will generate the highest return on investment. By undertsting and applying Dermata Therapeutics stock market strength indicators, traders can identify Dermata Therapeutics entry and exit signals to maximize returns
Dermata Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dermata Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Dermata Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dermata 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 | (0.04) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (1.49) | |||
| Treynor Ratio | (0.31) |
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Complementary Tools for Dermata Stock analysis
When running Dermata Therapeutics' price analysis, check to measure Dermata 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 Dermata Therapeutics is operating at the current time. Most of Dermata Therapeutics' value examination focuses on studying past and present price action to predict the probability of Dermata Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dermata Therapeutics' price. Additionally, you may evaluate how the addition of Dermata Therapeutics to your portfolios can decrease your overall portfolio volatility.
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