Disc Medicine Stock Price on November 26, 2024
| IRON Stock | 62.65 1.85 2.87% |
Below is the normalized historical share price chart for Disc Medicine extending back to August 12, 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 Disc Medicine stands at 62.65, as last reported on the 26th of November, with the highest price reaching 65.87 and the lowest price hitting 61.84 during the day.
If you're considering investing in Disc Stock, it is important to understand the factors that can impact its price. Disc Medicine appears to be very steady, given 3 months investment horizon. Disc Medicine secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. By reviewing Disc Medicine's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Disc Medicine's Coefficient Of Variation of 856.27, mean deviation of 2.45, and Downside Deviation of 2.7 to check if our risk estimates are consistent with your expectations.
At this time, Disc Medicine's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Common Stock Shares Outstanding is likely to grow to about 23.4 M, while Liabilities And Stockholders Equity is likely to drop about 215.2 M. . At this time, Disc Medicine's Price Book Value Ratio is very stable compared to the past year. As of the 26th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.19, though Price Earnings Ratio is likely to grow to (16.02). Disc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of August 2020 | 200 Day MA 47.3161 | 50 Day MA 52.439 |
Disc |
Sharpe Ratio = 0.1181
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Estimated Market Risk
| 4.2 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Disc Medicine 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 Disc Medicine by adding it to a well-diversified portfolio.
Price Book 4.1016 | Book Value 15.731 | Enterprise Value 1.4 B | Enterprise Value Ebitda (7.56) | Shares Float 15.4 M |
Disc Medicine Valuation on November 26, 2024
It is possible to determine the worth of Disc Medicine on a given historical date. On November 26, 2024 Disc was worth 64.6 at the beginning of the trading date compared to the closed value of 62.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Disc Medicine stock. Still, in general, we apply an absolute valuation method to find Disc Medicine'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 Disc Medicine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Disc Medicine's related companies.
| Open | High | Low | Close | Volume | |
| 65.97 | 68.19 | 64.35 | 64.50 | 410,852 | |
11/26/2024 | 64.60 | 65.87 | 61.84 | 62.65 | 349,710 |
| Backtest Disc Medicine | | | Disc Medicine History | | | Disc Medicine Valuation | Previous |
Disc Medicine Trading Date Momentum on November 26, 2024
| On November 26 2024 Disc Medicine was traded for 62.65 at the closing time. The top price for the day was 65.87 and the lowest listed price was 61.84 . The trading volume for the day was 349.7 K. The trading history from November 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 3.11% . |
Disc Medicine Fundamentals Correlations and Trends
By evaluating Disc Medicine'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 Disc Medicine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Disc financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Disc Medicine Stock history
Disc Medicine 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 Disc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Disc Medicine 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 Disc Medicine stock prices may prove useful in developing a viable investing in Disc Medicine
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.3 M | 23.4 M | |
| Net Loss | -32.4 M | -34 M |
Disc Medicine Quarterly Net Working Capital |
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Disc Medicine Stock Technical Analysis
Disc Medicine 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
Disc Medicine Period Price Range
Low | November 26, 2024
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0.00 | 0.00 |
Disc Medicine 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.
Disc Medicine November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Disc Medicine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Disc Medicine shares will generate the highest return on investment. By undertsting and applying Disc Medicine stock market strength indicators, traders can identify Disc Medicine entry and exit signals to maximize returns
Disc Medicine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Disc Medicine's price direction in advance. Along with the technical and fundamental analysis of Disc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Disc 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 | 0.0974 | |||
| Jensen Alpha | 0.3671 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1314 | |||
| Treynor Ratio | 0.5304 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Disc Medicine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Disc Stock, please use our How to Invest in Disc Medicine guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Biotechnology 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 Disc Medicine. If investors know Disc 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 Disc Medicine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.95) | Return On Assets (0.18) | Return On Equity (0.25) |
The market value of Disc Medicine is measured differently than its book value, which is the value of Disc that is recorded on the company's balance sheet. Investors also form their own opinion of Disc Medicine's value that differs from its market value or its book value, called intrinsic value, which is Disc Medicine'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 Disc Medicine's market value can be influenced by many factors that don't directly affect Disc Medicine'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 Disc Medicine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Disc Medicine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Disc Medicine'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.