Gt Biopharma Stock Price on March 22, 2024

GTBP Stock  USD 2.80  0.24  7.89%   
Below is the normalized historical share price chart for GT Biopharma extending back to November 05, 1984. 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 GT Biopharma stands at 2.80, as last reported on the 11th of December 2024, with the highest price reaching 3.39 and the lowest price hitting 2.80 during the day.
IPO Date
22nd of September 2017
200 Day MA
3.1278
50 Day MA
2.6253
Beta
0.57
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in GTBP Stock, it is important to understand the factors that can impact its price. GT Biopharma appears to be risky, given 3 months investment horizon. GT Biopharma retains Efficiency (Sharpe Ratio) of 0.13, which attests that the entity had a 0.13% return per unit of price deviation over the last 3 months. By inspecting GT Biopharma's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize GT Biopharma's Semi Deviation of 4.57, standard deviation of 5.01, and Market Risk Adjusted Performance of (5.26) to validate if our risk estimates are consistent with your expectations.
  
At this time, GT Biopharma's Other Stockholder Equity is relatively stable compared to the past year. As of 12/11/2024, Issuance Of Capital Stock is likely to grow to about 10.2 M, while Common Stock Shares Outstanding is likely to drop slightly above 1.3 M. . As of 12/11/2024, Price To Sales Ratio is likely to drop to 2,293. In addition to that, Price Earnings Ratio is likely to grow to -1.29. GTBP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1342

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Estimated Market Risk

 4.97
  actual daily
44
56% of assets are more volatile

Expected Return

 0.67
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average GT Biopharma is performing at about 10% of its full potential. 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 GT Biopharma by adding it to a well-diversified portfolio.
Price Book
3.2423
Book Value
5.414
Enterprise Value
-3.8 M
Enterprise Value Ebitda
(0.09)
Shares Float
1.7 M

Related Headline

Vaccinex Headline on 22nd of March 2024

Filed transaction by Vaccinex Officer Chief Operating Officer. Grant, award or other acquisition pursuant to Rule 16b-3

GT Biopharma Valuation on March 22, 2024

It is possible to determine the worth of GT Biopharma on a given historical date. On March 22, 2024 GTBP was worth 4.62 at the beginning of the trading date compared to the closed value of 4.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GT Biopharma stock. Still, in general, we apply an absolute valuation method to find GT Biopharma'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 GT Biopharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GT Biopharma's related companies.
 Open High Low Close Volume
  4.17    4.44    3.81    3.81    10,086  
03/22/2024
  4.62    5.21    4.44    4.59    138,771  
  4.65    4.65    4.35    4.41    14,179  
Backtest GT Biopharma  |  GT Biopharma History  |  GT Biopharma Valuation   PreviousNext  
Open Value
4.62
4.59
Closing Value
19.52
Upside

GT Biopharma Trading Date Momentum on March 22, 2024

On March 25 2024 GT Biopharma was traded for  4.41  at the closing time. The top price for the day was 4.65  and the lowest listed price was  4.35 . The trading volume for the day was 14.2 K. The trading history from March 25, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.92% . The overall trading delta against the current closing price is 0.22% .

GT Biopharma Fundamentals Correlations and Trends

By evaluating GT Biopharma'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 GT Biopharma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GTBP financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About GT Biopharma Stock history

GT Biopharma 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 GTBP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GT Biopharma 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 GT Biopharma stock prices may prove useful in developing a viable investing in GT Biopharma
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 M1.3 M
Net Loss-52.2 M-54.8 M

GT Biopharma Stock Technical Analysis

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

GT Biopharma Period Price Range

Low
December 11, 2024
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GT Biopharma 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.

GT Biopharma December 11, 2024 Market Strength

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

GT Biopharma Technical and Predictive Indicators

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

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