4d Molecular Therapeutics Stock Price on November 20, 2024
FDMT Stock | USD 7.79 0.20 2.50% |
If you're considering investing in FDMT Stock, it is important to understand the factors that can impact its price. As of today, the current price of 4D Molecular stands at 7.79, as last reported on the 23rd of November, with the highest price reaching 8.11 and the lowest price hitting 7.53 during the day. 4D Molecular Therapeutics retains Efficiency (Sharpe Ratio) of -0.25, which signifies that the company had a -0.25% return per unit of price deviation over the last 3 months. 4D Molecular exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 4D Molecular's Information Ratio of (0.28), variance of 16.67, and Market Risk Adjusted Performance of 2.15 to double-check the risk estimate we provide.
FDMT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FDMT |
Sharpe Ratio = -0.2489
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Estimated Market Risk
4.08 actual daily | 36 64% of assets are more volatile |
Expected Return
-1.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 4D Molecular 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 4D Molecular by adding 4D Molecular to a well-diversified portfolio.
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4D Molecular Valuation on November 20, 2024
It is possible to determine the worth of 4D Molecular on a given historical date. On November 20, 2024 FDMT was worth 8.75 at the beginning of the trading date compared to the closed value of 8.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 4D Molecular stock. Still, in general, we apply an absolute valuation method to find 4D Molecular'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 4D Molecular where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 4D Molecular's related companies.
Open | High | Low | Close | Volume | |
8.19 | 8.68 | 8.04 | 8.67 | 752,749 | |
11/20/2024 | 8.75 | 8.96 | 8.20 | 8.41 | 790,179 |
8.41 | 8.48 | 7.83 | 7.99 | 942,815 |
Backtest 4D Molecular | | | 4D Molecular History | | | 4D Molecular Valuation | Previous | Next |
4D Molecular Trading Date Momentum on November 20, 2024
On November 21 2024 4D Molecular Therapeutics was traded for 7.99 at the closing time. The top price for the day was 8.48 and the lowest listed price was 7.83 . The trading volume for the day was 942.8 K. The trading history from November 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 4.99% . The daily price change against the current closing price is 5.35% . |
4D Molecular Therapeutics Fundamentals Correlations and Trends
By evaluating 4D Molecular'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 4D Molecular's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FDMT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 4D Molecular Stock history
4D Molecular 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 FDMT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 4D Molecular 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 4D Molecular stock prices may prove useful in developing a viable investing in 4D Molecular
4D Molecular Therapeutics, Inc., a clinical-stage gene therapy company, develops product candidates using its adeno-associated viruses vectors. The company was founded in 2013 and is headquartered in Emeryville, California. 4D Molecular operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 138 people.
4D Molecular Stock Technical Analysis
4D Molecular 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
4D Molecular Period Price Range
Low | November 23, 2024
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0.00 | 0.00 |
4D Molecular 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.
4D Molecular November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how 4D Molecular stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 4D Molecular shares will generate the highest return on investment. By undertsting and applying 4D Molecular stock market strength indicators, traders can identify 4D Molecular Therapeutics entry and exit signals to maximize returns
4D Molecular Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 4D Molecular's price direction in advance. Along with the technical and fundamental analysis of FDMT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FDMT 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 | (0.18) | |||
Jensen Alpha | (0.97) | |||
Total Risk Alpha | (1.67) | |||
Treynor Ratio | 2.14 |
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Additional Tools for FDMT Stock Analysis
When running 4D Molecular's price analysis, check to measure 4D Molecular's 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 4D Molecular is operating at the current time. Most of 4D Molecular's value examination focuses on studying past and present price action to predict the probability of 4D Molecular's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 4D Molecular's price. Additionally, you may evaluate how the addition of 4D Molecular to your portfolios can decrease your overall portfolio volatility.