Inhibrx Stock Price on September 18, 2024

INBX Stock  USD 15.45  0.59  3.97%   
Below is the normalized historical share price chart for Inhibrx extending back to August 19, 2020. 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 Inhibrx stands at 15.45, as last reported on the 26th of November, with the highest price reaching 15.58 and the lowest price hitting 14.56 during the day.
IPO Date
19th of August 2020
200 Day MA
14.7305
50 Day MA
15.6122
Beta
2.877
 
Covid
If you're considering investing in Inhibrx Stock, it is important to understand the factors that can impact its price. Inhibrx appears to be not too volatile, given 3 months investment horizon. Inhibrx holds Efficiency (Sharpe) Ratio of 0.0648, which attests that the entity had a 0.0648% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Inhibrx, which you can use to evaluate the volatility of the firm. Please utilize Inhibrx's Downside Deviation of 2.86, risk adjusted performance of 0.0585, and Market Risk Adjusted Performance of 0.301 to validate if our risk estimates are consistent with your expectations.
  
At this time, Inhibrx's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 323.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 38.2 M in 2024. . At this time, Inhibrx's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 43.23 in 2024, whereas Price Earnings Ratio is likely to drop (7.79) in 2024. Inhibrx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0648

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Estimated Market Risk

 3.24
  actual daily
28
72% of assets are more volatile

Expected Return

 0.21
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
5
95% of assets perform better
Based on monthly moving average Inhibrx is performing at about 5% 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 Inhibrx by adding it to a well-diversified portfolio.
Price Book
1.1421
Enterprise Value Ebitda
0.0054
Price Sales
127.5115
Shares Float
7.7 M
Wall Street Target Price
15

Inhibrx Valuation on September 18, 2024

It is possible to determine the worth of Inhibrx on a given historical date. On September 18, 2024 Inhibrx was worth 17.13 at the beginning of the trading date compared to the closed value of 16.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inhibrx stock. Still, in general, we apply an absolute valuation method to find Inhibrx'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 Inhibrx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inhibrx's related companies.
 Open High Low Close Volume
  17.66    17.79    17.09    17.22    83,776  
09/18/2024
  17.13    17.48    16.99    16.99    72,151  
  17.22    17.60    16.77    17.49    56,246  
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Open Value
17.13
16.99
Closing Value
26.85
Upside

Inhibrx Trading Date Momentum on September 18, 2024

On September 19 2024 Inhibrx was traded for  17.49  at the closing time. The top price for the day was 17.60  and the lowest listed price was  16.77 . The trading volume for the day was 56.2 K. The trading history from September 19, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 2.94% . The trading delta at closing time against the current closing price is 8.48% .

Inhibrx Fundamentals Correlations and Trends

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

About Inhibrx Stock history

Inhibrx 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 Inhibrx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inhibrx 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 Inhibrx stock prices may prove useful in developing a viable investing in Inhibrx
Last ReportedProjected for Next Year
Common Stock Shares Outstanding47.1 M38.2 M
Net Loss-130.7 M-124.2 M

Inhibrx Stock Technical Analysis

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

Inhibrx Period Price Range

Low
November 26, 2024
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High

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Inhibrx 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.

Inhibrx November 26, 2024 Market Strength

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

Inhibrx Technical and Predictive Indicators

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

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