Mustang Bio Stock Price on November 22, 2024

MBIO Stock  USD 0.21  0.01  4.55%   
Below is the normalized historical share price chart for Mustang Bio extending back to August 22, 2017. 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 Mustang Bio stands at 0.21, as last reported on the 22nd of November, with the highest price reaching 0.21 and the lowest price hitting 0.20 during the day.
IPO Date
22nd of August 2017
200 Day MA
0.4873
50 Day MA
0.244
Beta
1.923
 
Covid
If you're considering investing in Mustang Stock, it is important to understand the factors that can impact its price. Mustang Bio has Sharpe Ratio of -0.0998, which conveys that the firm had a -0.0998% return per unit of risk over the last 3 months. Mustang Bio exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mustang Bio's Mean Deviation of 3.95, risk adjusted performance of (0.08), and Standard Deviation of 6.14 to check out the risk estimate we provide.
  
As of the 22nd of November 2024, Common Stock Total Equity is likely to grow to 8,452, while Total Stockholder Equity is likely to drop about 116.8 K. . At this time, Mustang Bio's Price Book Value Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price Earnings To Growth Ratio is likely to grow to 0, while Price Earnings Ratio is likely to drop (0.24). Mustang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0998

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Estimated Market Risk

 6.19
  actual daily
55
55% of assets are less volatile

Expected Return

 -0.62
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mustang Bio 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 Mustang Bio by adding Mustang Bio to a well-diversified portfolio.
Price Book
31.7451
Enterprise Value Ebitda
(0.14)
Shares Float
43.3 M
Wall Street Target Price
10
Earnings Share
(1.33)

Mustang Bio Valuation on November 22, 2024

It is possible to determine the worth of Mustang Bio on a given historical date. On November 22, 2024 Mustang was worth 0.2 at the beginning of the trading date compared to the closed value of 0.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mustang Bio stock. Still, in general, we apply an absolute valuation method to find Mustang Bio'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 Mustang Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mustang Bio's related companies.
 Open High Low Close Volume
  0.21    0.21    0.20    0.21    377,494  
11/22/2024
  0.20    0.21    0.20    0.21    411,174  
Backtest Mustang Bio  |  Mustang Bio History  |  Mustang Bio Valuation   Previous
Open Value
0.2
0.21
Closing Value
18.76
Upside

Mustang Bio Trading Date Momentum on November 22, 2024

On November 22 2024 Mustang Bio was traded for  0.21  at the closing time. The top price for the day was 0.21  and the lowest listed price was  0.20 . The trading volume for the day was 411.2 K. The trading history from November 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 4.76% .

Mustang Bio Fundamentals Correlations and Trends

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

About Mustang Bio Stock history

Mustang Bio 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 Mustang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mustang Bio 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 Mustang Bio stock prices may prove useful in developing a viable investing in Mustang Bio
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.6 M5.3 M
Net Loss-69.8 M-66.3 M

Mustang Bio Stock Technical Analysis

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

Mustang Bio Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mustang Bio 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.

Mustang Bio November 22, 2024 Market Strength

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

Mustang Bio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mustang Bio's price direction in advance. Along with the technical and fundamental analysis of Mustang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mustang 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.
When determining whether Mustang Bio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mustang Bio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mustang Bio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mustang Bio Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mustang Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Mustang Stock, please use our How to Invest in Mustang Bio guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Mustang Bio. If investors know Mustang 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 Mustang Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.33)
Revenue Per Share
(0)
Return On Assets
(0.97)
Return On Equity
(11.91)
The market value of Mustang Bio is measured differently than its book value, which is the value of Mustang that is recorded on the company's balance sheet. Investors also form their own opinion of Mustang Bio's value that differs from its market value or its book value, called intrinsic value, which is Mustang Bio'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 Mustang Bio's market value can be influenced by many factors that don't directly affect Mustang Bio'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 Mustang Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mustang Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mustang Bio'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.