Microbix Biosystems Stock Price on October 27, 2023
| MBX Stock | CAD 0.32 0.01 3.23% |
Below is the normalized historical share price chart for Microbix Biosystems extending back to October 21, 1992. 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 Microbix Biosystems stands at 0.32, as last reported on the 27th of November, with the highest price reaching 0.32 and the lowest price hitting 0.30 during the day.
If you're considering investing in Microbix Stock, it is important to understand the factors that can impact its price. Microbix Biosystems has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Microbix Biosystems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Microbix Biosystems' Standard Deviation of 1.93, risk adjusted performance of (0.08), and Mean Deviation of 1.31 to check out the risk estimate we provide.
At this time, Microbix Biosystems' Total Stockholder Equity is very stable compared to the past year. As of the 27th of November 2024, Common Stock Shares Outstanding is likely to grow to about 166.5 M, while Other Stockholder Equity is likely to drop about 11.5 M. . At this time, Microbix Biosystems' Price To Sales Ratio is very stable compared to the past year. As of the 27th of November 2024, Price Earnings To Growth Ratio is likely to grow to 12.78, though Price Earnings Ratio is likely to grow to (925.80). Microbix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.3465 | 50 Day MA 0.331 | Beta 0.343 |
Microbix |
Sharpe Ratio = -0.1302
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| Negative Returns | MBX |
Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Microbix Biosystems 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 Microbix Biosystems by adding Microbix Biosystems to a well-diversified portfolio.
Price Book 1.5123 | Enterprise Value Ebitda 4.7791 | Price Sales 1.8138 | Shares Float 115.6 M | Wall Street Target Price 0.8 |
Microbix Biosystems Valuation on October 27, 2023
It is possible to determine the worth of Microbix Biosystems on a given historical date. On October 27, 2023 Microbix was worth 0.28 at the beginning of the trading date compared to the closed value of 0.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Microbix Biosystems stock. Still, in general, we apply an absolute valuation method to find Microbix Biosystems' 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 Microbix Biosystems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Microbix Biosystems' related companies.
| Open | High | Low | Close | Volume | |
| 0.29 | 0.29 | 0.29 | 0.29 | 1.00 | |
10/27/2023 | 0.28 | 0.28 | 0.28 | 0.28 | 122,000 |
| 0.28 | 0.28 | 0.28 | 0.28 | 11,500 |
| Backtest Microbix Biosystems | | | Microbix Biosystems History | | | Microbix Biosystems Valuation | Previous | Next |
Microbix Biosystems Trading Date Momentum on October 27, 2023
| On October 30 2023 Microbix Biosystems was traded for 0.28 at the closing time. The maximum traded price for the trading interval was 0.28 and the lowest daily price was 0.28 . The daily volume was recorded at 11.5 K. The volume of trading on 30th of October 2023 did not cause price change. The trading delta at closing time to the closing price today is 7.14% . |
Microbix Biosystems Fundamentals Correlations and Trends
By evaluating Microbix Biosystems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Microbix Biosystems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Microbix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Microbix Biosystems Stock history
Microbix Biosystems 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 Microbix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Microbix Biosystems 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 Microbix Biosystems stock prices may prove useful in developing a viable investing in Microbix Biosystems
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 158.6 M | 166.5 M | |
| Net Income Applicable To Common Shares | 2.1 M | 2.2 M |
Microbix Biosystems Quarterly Net Working Capital |
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Microbix Biosystems Stock Technical Analysis
Microbix Biosystems 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
Microbix Biosystems Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Microbix Biosystems cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Microbix Biosystems November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Microbix Biosystems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Microbix Biosystems shares will generate the highest return on investment. By undertsting and applying Microbix Biosystems stock market strength indicators, traders can identify Microbix Biosystems entry and exit signals to maximize returns
Microbix Biosystems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Microbix Biosystems' price direction in advance. Along with the technical and fundamental analysis of Microbix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Microbix 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 | (0.08) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.6657 |
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Other Information on Investing in Microbix Stock
Microbix Biosystems financial ratios help investors to determine whether Microbix Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Microbix with respect to the benefits of owning Microbix Biosystems security.