Infobird Co Stock Price on October 23, 2024
IFBD Stock | USD 2.64 0.82 45.05% |
If you're considering investing in Infobird Stock, it is important to understand the factors that can impact its price. As of today, the current price of Infobird stands at 2.64, as last reported on the 28th of November, with the highest price reaching 2.67 and the lowest price hitting 2.12 during the day. Infobird appears to be risky, given 3 months investment horizon. Infobird holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. By evaluating Infobird's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please utilize Infobird's Market Risk Adjusted Performance of (1.82), downside deviation of 5.07, and Risk Adjusted Performance of 0.0813 to validate if our risk estimates are consistent with your expectations.
At present, Infobird's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 115.3 K, whereas Liabilities And Stockholders Equity is forecasted to decline to about 18.2 M. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.03, whereas Price To Sales Ratio is forecasted to decline to 13.99. Infobird Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Infobird |
Sharpe Ratio = 0.1198
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Estimated Market Risk
7.24 actual daily | 64 64% of assets are less volatile |
Expected Return
0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Infobird is performing at about 9% 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 Infobird by adding it to a well-diversified portfolio.
Price Book 0.0628 | Enterprise Value Ebitda (0.58) | Price Sales 12.9153 | Shares Float 2 M | Earnings Share (53.73) |
Infobird Valuation on October 23, 2024
It is possible to determine the worth of Infobird on a given historical date. On October 23, 2024 Infobird was worth 1.87 at the beginning of the trading date compared to the closed value of 1.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Infobird stock. Still, in general, we apply an absolute valuation method to find Infobird'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 Infobird where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Infobird's related companies.
Open | High | Low | Close | Volume | |
1.97 | 2.09 | 1.93 | 1.96 | 31,202 | |
10/23/2024 | 1.87 | 2.03 | 1.87 | 1.96 | 28,863 |
1.91 | 2.13 | 1.91 | 1.91 | 55,502 |
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Infobird Trading Date Momentum on October 23, 2024
On October 24 2024 Infobird Co was traded for 1.91 at the closing time. The top price for the day was 2.13 and the lowest listed price was 1.91 . The trading volume for the day was 55.5 K. The trading history from October 24, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.55% . The trading delta at closing time against the current closing price is 1.02% . |
Infobird Fundamentals Correlations and Trends
By evaluating Infobird'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 Infobird's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Infobird financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Infobird Stock history
Infobird 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 Infobird is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Infobird 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 Infobird stock prices may prove useful in developing a viable investing in Infobird
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 1.3 M | 1.2 M | |
Net Loss | -13.7 M | -13.1 M |
Infobird Stock Technical Analysis
Infobird 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
Infobird Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Infobird Co 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.
Infobird November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Infobird stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Infobird shares will generate the highest return on investment. By undertsting and applying Infobird stock market strength indicators, traders can identify Infobird Co entry and exit signals to maximize returns
Infobird Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Infobird's price direction in advance. Along with the technical and fundamental analysis of Infobird Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Infobird 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 | 0.0813 | |||
Jensen Alpha | 0.7169 | |||
Total Risk Alpha | (0.42) | |||
Sortino Ratio | 0.1104 | |||
Treynor Ratio | (1.83) |
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Complementary Tools for Infobird Stock analysis
When running Infobird's price analysis, check to measure Infobird'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 Infobird is operating at the current time. Most of Infobird's value examination focuses on studying past and present price action to predict the probability of Infobird's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infobird's price. Additionally, you may evaluate how the addition of Infobird to your portfolios can decrease your overall portfolio volatility.
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