Fulgent Genetics Stock Price on November 15, 2024

FLGT Stock  USD 16.95  0.33  1.91%   
If you're considering investing in Fulgent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fulgent Genetics stands at 16.95, as last reported on the 22nd of November, with the highest price reaching 17.71 and the lowest price hitting 16.92 during the day. Fulgent Genetics secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the company had a -0.18% return per unit of risk over the last 3 months. Fulgent Genetics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fulgent Genetics' Variance of 6.66, mean deviation of 1.96, and Standard Deviation of 2.58 to check the risk estimate we provide.
  
Fulgent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1789

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Estimated Market Risk

 2.58
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.46
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fulgent Genetics 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 Fulgent Genetics by adding Fulgent Genetics to a well-diversified portfolio.

Related Headline

Agilent Technologies Headline on 15th of November 2024

Filed transaction by Agilent Technologies Officer Senior Vice President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Fulgent Genetics Valuation on November 15, 2024

It is possible to determine the worth of Fulgent Genetics on a given historical date. On November 15, 2024 Fulgent was worth 17.9 at the beginning of the trading date compared to the closed value of 17.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fulgent Genetics stock. Still, in general, we apply an absolute valuation method to find Fulgent Genetics' 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 Fulgent Genetics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fulgent Genetics' related companies.
 Open High Low Close Volume
  18.42    18.60    17.65    17.79    294,620  
11/15/2024
  17.90    18.61    17.31    17.31    385,609  
  17.35    17.38    16.61    16.71    302,109  
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Open Value
17.9
17.31
Closing Value
25.64
Upside

Fulgent Genetics Trading Date Momentum on November 15, 2024

On November 18 2024 Fulgent Genetics was traded for  16.71  at the closing time. The top price for the day was 17.38  and the lowest listed price was  16.61 . The trading volume for the day was 302.1 K. The trading history from November 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.47% . The overall trading delta against the current closing price is 0.00% .

Fulgent Genetics Fundamentals Correlations and Trends

By evaluating Fulgent Genetics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fulgent Genetics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fulgent financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fulgent Genetics Stock history

Fulgent Genetics 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 Fulgent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fulgent Genetics 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 Fulgent Genetics stock prices may prove useful in developing a viable investing in Fulgent Genetics
Fulgent Genetics, Inc., together with its subsidiaries, provides COVID-19, molecular diagnostic, and genetic testing services to physicians and patients in the United States and internationally. Fulgent Genetics, Inc. was founded in 2011 and is headquartered in Temple City, California. Fulgent Genetics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 645 people.

Fulgent Genetics Stock Technical Analysis

Fulgent Genetics 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.
A focus of Fulgent Genetics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fulgent Genetics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fulgent Genetics Period Price Range

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November 22, 2024
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Fulgent Genetics 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.

Fulgent Genetics November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Fulgent Genetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fulgent Genetics shares will generate the highest return on investment. By undertsting and applying Fulgent Genetics stock market strength indicators, traders can identify Fulgent Genetics entry and exit signals to maximize returns

Fulgent Genetics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fulgent Genetics' price direction in advance. Along with the technical and fundamental analysis of Fulgent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fulgent 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.

Additional Tools for Fulgent Stock Analysis

When running Fulgent Genetics' price analysis, check to measure Fulgent Genetics' 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 Fulgent Genetics is operating at the current time. Most of Fulgent Genetics' value examination focuses on studying past and present price action to predict the probability of Fulgent Genetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulgent Genetics' price. Additionally, you may evaluate how the addition of Fulgent Genetics to your portfolios can decrease your overall portfolio volatility.