EQRx Inc Price on July 11, 2023
EQRXDelisted Stock | USD 1.83 0.13 6.63% |
If you're considering investing in EQRx Stock, it is important to understand the factors that can impact its price. As of today, the current price of EQRx stands at 1.83, as last reported on the 27th of November, with the highest price reaching 1.97 and the lowest price hitting 1.83 during the day. We have found twenty-nine technical indicators for EQRx Inc, which you can use to evaluate the volatility of the firm. Please confirm EQRx's Mean Deviation of 3.06, market risk adjusted performance of 0.1085, and Downside Deviation of 4.33 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
EQRx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EQRx |
Sharpe Ratio = 0.0
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Based on monthly moving average EQRx 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 EQRx by adding EQRx to a well-diversified portfolio.
EQRx Valuation on July 11, 2023
It is possible to determine the worth of EQRx on a given historical date. On July 11, 2023 EQRx was worth 2.01 at the beginning of the trading date compared to the closed value of 2.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EQRx stock. Still, in general, we apply an absolute valuation method to find EQRx'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 EQRx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EQRx's related companies.
Open | High | Low | Close | Volume | |
1.92 | 2.04 | 1.91 | 2.01 | 1,254,200 | |
07/11/2023 | 2.01 | 2.07 | 1.99 | 2.03 | 838,524 |
2.06 | 2.09 | 2.00 | 2.07 | 775,652 |
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EQRx Trading Date Momentum on July 11, 2023
On July 12 2023 EQRx Inc was traded for 2.07 at the closing time. The top price for the day was 2.09 and the lowest listed price was 2.00 . The trading volume for the day was 775.7 K. The trading history from July 12, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.97% . The overall trading delta against the current closing price is 4.43% . |
EQRx Inc Fundamentals Correlations and Trends
By evaluating EQRx'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 EQRx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EQRx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EQRx Stock history
EQRx 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 EQRx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EQRx 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 EQRx stock prices may prove useful in developing a viable investing in EQRx
EQRx, Inc., a pharmaceutical company, engages in developing medicines primarily for the treatment of oncology and immune-inflammatory diseases in the United States. The company was incorporated in 2019 and is headquartered in Cambridge, Massachusetts. Eqrx operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 240 people.
EQRx Stock Technical Analysis
EQRx 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
EQRx Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
EQRx Inc 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.
EQRx November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how EQRx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EQRx shares will generate the highest return on investment. By undertsting and applying EQRx stock market strength indicators, traders can identify EQRx Inc entry and exit signals to maximize returns
EQRx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EQRx's price direction in advance. Along with the technical and fundamental analysis of EQRx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EQRx 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 | 0.0194 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.55) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0985 |
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Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in EQRx Stock
If you are still planning to invest in EQRx Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EQRx's history and understand the potential risks before investing.
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