Eyenovia Stock Price on October 4, 2024
| EYEN Stock | USD 0.09 0.02 19.18% |
Below is the normalized historical share price chart for Eyenovia extending back to January 25, 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 Eyenovia stands at 0.09, as last reported on the 26th of November, with the highest price reaching 0.1 and the lowest price hitting 0.08 during the day.
If you're considering investing in Eyenovia Stock, it is important to understand the factors that can impact its price. Eyenovia secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Eyenovia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eyenovia's Standard Deviation of 11.43, variance of 130.75, and Mean Deviation of 6.16 to check the risk estimate we provide.
At this time, Eyenovia's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Common Stock Total Equity is likely to grow to 3,016, while Common Stock Shares Outstanding is likely to drop about 21.5 M. . At this time, Eyenovia's Price To Sales Ratio is very stable compared to the past year. As of the 26th of November 2024, Price Book Value Ratio is likely to grow to 15.46, while Price Earnings Ratio is likely to drop (3.29). Eyenovia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of January 2018 | 200 Day MA 0.8497 | 50 Day MA 0.4461 | Beta 1.755 |
Eyenovia |
Sharpe Ratio = -0.1423
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| Negative Returns | EYEN |
Estimated Market Risk
| 11.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.67 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eyenovia 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 Eyenovia by adding Eyenovia to a well-diversified portfolio.
Price Book 2.5008 | Enterprise Value Ebitda (5.41) | Price Sales 296.1667 | Shares Float 50.9 M | Wall Street Target Price 3.5 |
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Eyenovia Valuation on October 4, 2024
It is possible to determine the worth of Eyenovia on a given historical date. On October 4, 2024 Eyenovia was worth 0.47 at the beginning of the trading date compared to the closed value of 0.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eyenovia stock. Still, in general, we apply an absolute valuation method to find Eyenovia'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 Eyenovia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eyenovia's related companies.
| Open | High | Low | Close | Volume | |
| 0.48 | 0.50 | 0.46 | 0.47 | 1,029,833 | |
10/04/2024 | 0.47 | 0.50 | 0.46 | 0.48 | 566,489 |
| 0.47 | 0.49 | 0.46 | 0.47 | 353,511 |
| Backtest Eyenovia | | | Eyenovia History | | | Eyenovia Valuation | Previous | Next |
Eyenovia Trading Date Momentum on October 4, 2024
| On October 07 2024 Eyenovia was traded for 0.47 at the closing time. The top price for the day was 0.49 and the lowest listed price was 0.46 . The trading volume for the day was 353.5 K. The trading history from October 7, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.08% . The overall trading delta against the current closing price is 4.17% . |
Eyenovia Fundamentals Correlations and Trends
By evaluating Eyenovia'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 Eyenovia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eyenovia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eyenovia Stock history
Eyenovia 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 Eyenovia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eyenovia 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 Eyenovia stock prices may prove useful in developing a viable investing in Eyenovia
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41 M | 21.5 M | |
| Net Loss | -11.5 M | -12.1 M |
Eyenovia Stock Technical Analysis
Eyenovia 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
Eyenovia Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Eyenovia 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.
Eyenovia November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Eyenovia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eyenovia shares will generate the highest return on investment. By undertsting and applying Eyenovia stock market strength indicators, traders can identify Eyenovia entry and exit signals to maximize returns
Eyenovia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eyenovia's price direction in advance. Along with the technical and fundamental analysis of Eyenovia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eyenovia 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 | (0.08) | |||
| Jensen Alpha | (1.78) | |||
| Total Risk Alpha | (3.18) | |||
| Treynor Ratio | (0.42) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eyenovia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Eyenovia Stock, please use our How to Invest in Eyenovia guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Pharmaceuticals 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 Eyenovia. If investors know Eyenovia 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 Eyenovia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.69) | Revenue Per Share 0.001 | Quarterly Revenue Growth 4 | Return On Assets (0.93) | Return On Equity (9.15) |
The market value of Eyenovia is measured differently than its book value, which is the value of Eyenovia that is recorded on the company's balance sheet. Investors also form their own opinion of Eyenovia's value that differs from its market value or its book value, called intrinsic value, which is Eyenovia'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 Eyenovia's market value can be influenced by many factors that don't directly affect Eyenovia'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 Eyenovia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eyenovia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eyenovia'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.