Glycomimetics Stock Price on October 30, 2024

GLYC Stock  USD 0.27  0.01  3.85%   
If you're considering investing in GlycoMimetics Stock, it is important to understand the factors that can impact its price. As of today, the current price of GlycoMimetics stands at 0.27, as last reported on the 28th of February, with the highest price reaching 0.28 and the lowest price hitting 0.25 during the day. GlycoMimetics holds Efficiency (Sharpe) Ratio of -0.0244, which attests that the entity had a -0.0244 % return per unit of risk over the last 3 months. GlycoMimetics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GlycoMimetics' Standard Deviation of 6.21, market risk adjusted performance of (0.09), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.
  
GlycoMimetics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0244

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Estimated Market Risk

 6.21
  actual daily
55
55% of assets are less volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average GlycoMimetics 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 GlycoMimetics by adding GlycoMimetics to a well-diversified portfolio.

GlycoMimetics Valuation on October 30, 2024

It is possible to determine the worth of GlycoMimetics on a given historical date. On October 30, 2024 GlycoMimetics was worth 0.44 at the beginning of the trading date compared to the closed value of 0.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GlycoMimetics stock. Still, in general, we apply an absolute valuation method to find GlycoMimetics' 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 GlycoMimetics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GlycoMimetics' related companies.
 Open High Low Close Volume
  0.38    0.63    0.32    0.49    1,122,142,000  
10/30/2024
  0.44    0.54    0.42    0.46    44,865,809  
  0.45    0.47    0.37    0.41    13,650,660  
Backtest GlycoMimetics  |  GlycoMimetics History  |  GlycoMimetics Valuation   PreviousNext  
Open Value
0.44
0.46
Closing Value
19.07
Upside

GlycoMimetics Trading Date Momentum on October 30, 2024

On October 31 2024 GlycoMimetics was traded for  0.41  at the closing time. The top price for the day was 0.47  and the lowest listed price was  0.37 . The trading volume for the day was 13.7 M. The trading history from October 31, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 10.87% . The overall trading delta against the current closing price is 8.70% .

GlycoMimetics Fundamentals Correlations and Trends

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

About GlycoMimetics Stock history

GlycoMimetics 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 GlycoMimetics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GlycoMimetics 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 GlycoMimetics stock prices may prove useful in developing a viable investing in GlycoMimetics
GlycoMimetics, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of novel glycomimetic drugs to address unmet medical needs resulting from diseases in the United States. GlycoMimetics, Inc. was incorporated in 2003 and is headquartered in Rockville, Maryland. Glycomimetics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 52 people.

GlycoMimetics Stock Technical Analysis

GlycoMimetics 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 GlycoMimetics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GlycoMimetics 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

GlycoMimetics Period Price Range

Low
February 28, 2025
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High

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GlycoMimetics 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.

GlycoMimetics February 28, 2025 Market Strength

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

GlycoMimetics Technical and Predictive Indicators

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

Complementary Tools for GlycoMimetics Stock analysis

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