In8bio Inc Stock Price on May 10, 2024

INAB Stock  USD 0.32  0.01  3.03%   
If you're considering investing in In8bio Stock, it is important to understand the factors that can impact its price. As of today, the current price of In8bio stands at 0.32, as last reported on the 23rd of November, with the highest price reaching 0.33 and the lowest price hitting 0.31 during the day. In8bio Inc retains Efficiency (Sharpe Ratio) of -0.008, which attests that the entity had a -0.008% return per unit of price deviation over the last 3 months. In8bio exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out In8bio's Market Risk Adjusted Performance of (0.08), information ratio of (0.02), and Coefficient Of Variation of (12,452) to validate the risk estimate we provide.
  
In8bio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.008

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Estimated Market Risk

 12.35
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average In8bio 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 In8bio by adding In8bio to a well-diversified portfolio.

In8bio Valuation on May 10, 2024

It is possible to determine the worth of In8bio on a given historical date. On May 10, 2024 In8bio was worth 0.99 at the beginning of the trading date compared to the closed value of 1.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of In8bio stock. Still, in general, we apply an absolute valuation method to find In8bio'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 In8bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against In8bio's related companies.
 Open High Low Close Volume
  1.01    1.03    0.98    1.01    92,980  
05/10/2024
  0.99    1.02    0.98    1.01    107,732  
  1.03    1.03    0.99    1.02    44,991  
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Open Value
0.99
1.01
Closing Value
38.05
Upside

In8bio Trading Date Momentum on May 10, 2024

On May 13 2024 In8bio Inc was traded for  1.02  at the closing time. The top price for the day was 1.03  and the lowest listed price was  0.99 . The trading volume for the day was 45 K. The trading history from May 13, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.99% . The trading delta at closing time against the current closing price is 1.98% .

In8bio Inc Fundamentals Correlations and Trends

By evaluating In8bio'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 In8bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. In8bio financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About In8bio Stock history

In8bio 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 In8bio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in In8bio Inc 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 In8bio stock prices may prove useful in developing a viable investing in In8bio
IN8bio, Inc., a clinical-stage biotechnology company, focuses on the discovery, development, and commercialization of gamma-delta T cell therapies for the treatment of cancers. IN8bio, Inc. was incorporated in 2016 and is headquartered in New York, New York. In8Bio operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 19 people.

In8bio Stock Technical Analysis

In8bio 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 In8bio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of In8bio 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

In8bio Period Price Range

Low
November 23, 2024
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In8bio Inc 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.

In8bio November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how In8bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading In8bio shares will generate the highest return on investment. By undertsting and applying In8bio stock market strength indicators, traders can identify In8bio Inc entry and exit signals to maximize returns

In8bio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for In8bio's price direction in advance. Along with the technical and fundamental analysis of In8bio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of In8bio 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 In8bio Stock analysis

When running In8bio's price analysis, check to measure In8bio'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 In8bio is operating at the current time. Most of In8bio's value examination focuses on studying past and present price action to predict the probability of In8bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move In8bio's price. Additionally, you may evaluate how the addition of In8bio to your portfolios can decrease your overall portfolio volatility.
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