International Biotechnology (UK) Price on August 23, 2024

IBT Stock   704.00  4.00  0.57%   
Below is the normalized historical share price chart for International Biotechnology Trust extending back to May 06, 1994. 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 International Biotechnology stands at 704.00, as last reported on the 30th of November, with the highest price reaching 708.00 and the lowest price hitting 694.00 during the day.
200 Day MA
666.5042
50 Day MA
686.36
Beta
0.211
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in International Stock, it is important to understand the factors that can impact its price. At this point, International Biotechnology is very steady. International Biotechnology holds Efficiency (Sharpe) Ratio of 0.0416, which attests that the entity had a 0.0416% return per unit of risk over the last 3 months. We have found thirty technical indicators for International Biotechnology, which you can use to evaluate the volatility of the firm. Please check out International Biotechnology's Downside Deviation of 1.43, risk adjusted performance of 0.0409, and Market Risk Adjusted Performance of 0.1121 to validate if the risk estimate we provide is consistent with the expected return of 0.0521%.
  
At present, International Biotechnology's Common Stock Total Equity is projected to decrease significantly based on the last few years of reporting. . International Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0416

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashIBTAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.25
  actual daily
11
89% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average International Biotechnology is performing at about 3% 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 International Biotechnology by adding it to a well-diversified portfolio.
Price Book
0.8997
Book Value
7.663
Enterprise Value
271.7 M
Price Sales
5.9557
Shares Outstanding
36.3 M

International Biotechnology Main Headline on 23rd of August 2024

International Biotechnology dividend paid on 23rd of August 2024

International Biotechnology Valuation on August 23, 2024

It is possible to determine the worth of International Biotechnology on a given historical date. On August 23, 2024 International was worth 681.69 at the beginning of the trading date compared to the closed value of 686.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of International Biotechnology stock. Still, in general, we apply an absolute valuation method to find International Biotechnology'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 International Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against International Biotechnology's related companies.
 Open High Low Close Volume
  690.00    694.00    686.00    686.00    92,484  
08/23/2024
  681.69    686.10    680.00    686.00    92,732  
  682.00    689.11    681.57    682.00    107,552  
Backtest International Biotechnology  |  International Biotechnology History  |  International Biotechnology Valuation   PreviousNext  
Open Value
681.69
677.93
Downside
686.0
Closing Value
685.45
Upside

International Biotechnology Trading Date Momentum on August 23, 2024

On August 27 2024 International Biotechnology Trust was traded for  682.00  at the closing time. The highest price during the trading period was 689.11  and the lowest recorded bid was listed for  681.57 . The volume for the day was 107.6 K. This history from August 27, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.58% . The trading delta at closing time to the current price is 0.29% .

International Biotechnology Fundamentals Correlations and Trends

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

About International Biotechnology Stock history

International Biotechnology 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 International is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in International Biotechnology 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 International Biotechnology stock prices may prove useful in developing a viable investing in International Biotechnology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding38.2 M38 M
Net Loss-20.2 M-19.2 M

International Biotechnology Stock Technical Analysis

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

International Biotechnology Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

International Biotechnology Trust cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.

International Biotechnology November 30, 2024 Market Strength

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

International Biotechnology Technical and Predictive Indicators

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

When running International Biotechnology's price analysis, check to measure International Biotechnology'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 International Biotechnology is operating at the current time. Most of International Biotechnology's value examination focuses on studying past and present price action to predict the probability of International Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Biotechnology's price. Additionally, you may evaluate how the addition of International Biotechnology to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Share Portfolio
Track or share privately all of your investments from the convenience of any device
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Commodity Directory
Find actively traded commodities issued by global exchanges
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes