Illumina Stock Price on October 9, 2024
| ILMN Stock | USD 140.14 3.15 2.30% |
If you're considering investing in Illumina Stock, it is important to understand the factors that can impact its price. As of today, the current price of Illumina stands at 140.14, as last reported on the 25th of November, with the highest price reaching 141.40 and the lowest price hitting 136.05 during the day. As of now, Illumina Stock is very steady. Illumina holds Efficiency (Sharpe) Ratio of 0.0579, which attests that the entity had a 0.0579% return per unit of risk over the last 3 months. We have found thirty technical indicators for Illumina, which you can use to evaluate the volatility of the firm. Please check out Illumina's Downside Deviation of 2.1, risk adjusted performance of 0.051, and Market Risk Adjusted Performance of 0.3396 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
Illumina Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Illumina |
Sharpe Ratio = 0.0579
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Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Illumina is performing at about 4% 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 Illumina by adding it to a well-diversified portfolio.
Illumina Valuation on October 9, 2024
It is possible to determine the worth of Illumina on a given historical date. On October 9, 2024 Illumina was worth 139.67 at the beginning of the trading date compared to the closed value of 140.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Illumina stock. Still, in general, we apply an absolute valuation method to find Illumina'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 Illumina where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Illumina's related companies.
| Open | High | Low | Close | Volume | |
| 140.66 | 142.79 | 139.34 | 139.66 | 2,193,658 | |
10/09/2024 | 139.67 | 143.32 | 134.14 | 140.00 | 3,243,545 |
| 139.04 | 146.00 | 137.85 | 143.76 | 2,158,467 |
| Backtest Illumina | | | Illumina History | | | Illumina Valuation | Previous | Next |
Illumina Trading Date Momentum on October 9, 2024
| On October 10 2024 Illumina was traded for 143.76 at the closing time. The top price for the day was 146.00 and the lowest listed price was 137.85 . The trading volume for the day was 2.2 M. The trading history from October 10, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 2.69% . The trading delta at closing time against the current closing price is 3.39% . |
Illumina Fundamentals Correlations and Trends
By evaluating Illumina'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 Illumina's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Illumina financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Illumina Stock history
Illumina 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 Illumina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Illumina 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 Illumina stock prices may prove useful in developing a viable investing in Illumina
Illumina, Inc. provides sequencing and array-based solutions for genetic and genomic analysis. The company was incorporated in 1998 and is based in San Diego, California. Illumina operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 9800 people.
Illumina Stock Technical Analysis
Illumina 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
Illumina Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
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Illumina November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Illumina stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Illumina shares will generate the highest return on investment. By undertsting and applying Illumina stock market strength indicators, traders can identify Illumina entry and exit signals to maximize returns
Illumina Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Illumina's price direction in advance. Along with the technical and fundamental analysis of Illumina Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Illumina 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 | 0.051 | |||
| Jensen Alpha | 0.0773 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 6.0E-4 | |||
| Treynor Ratio | 0.3296 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illumina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Illumina Stock, please use our How to Invest in Illumina guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Illumina. If investors know Illumina will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Illumina listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Illumina is measured differently than its book value, which is the value of Illumina that is recorded on the company's balance sheet. Investors also form their own opinion of Illumina's value that differs from its market value or its book value, called intrinsic value, which is Illumina's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Illumina's market value can be influenced by many factors that don't directly affect Illumina's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Illumina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Illumina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Illumina's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.