Mirati Ther Price on May 16, 2023
MRTXDelisted Stock | USD 31.32 0.15 0.48% |
If you're considering investing in Mirati Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mirati Ther stands at 31.32, as last reported on the 26th of November, with the highest price reaching 31.65 and the lowest price hitting 30.58 during the day. We have found twenty-three technical indicators for Mirati Ther, which you can use to evaluate the volatility of the firm. Please verify Mirati Ther's Mean Deviation of 2.24, risk adjusted performance of (0.1), and Standard Deviation of 3.01 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
Mirati Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Mirati Ther 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 Mirati Ther by adding Mirati Ther to a well-diversified portfolio.
Mirati Ther Valuation on May 16, 2023
It is possible to determine the worth of Mirati Ther on a given historical date. On May 16, 2023 Mirati was worth 48.72 at the beginning of the trading date compared to the closed value of 47.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mirati Ther stock. Still, in general, we apply an absolute valuation method to find Mirati Ther'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 Mirati Ther where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mirati Ther's related companies.
Open | High | Low | Close | Volume | |
49.91 | 51.06 | 49.16 | 49.44 | 787,698 | |
05/16/2023 | 48.72 | 48.72 | 46.80 | 47.67 | 915,464 |
47.71 | 48.11 | 46.35 | 46.47 | 751,620 |
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Mirati Ther Trading Date Momentum on May 16, 2023
On May 17 2023 Mirati Ther was traded for 46.47 at the closing time. The top price for the day was 48.11 and the lowest listed price was 46.35 . The trading volume for the day was 751.6 K. The trading history from May 17, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.52% . The trading delta at closing time against the current closing price is 20.20% . |
Mirati Ther Fundamentals Correlations and Trends
By evaluating Mirati Ther'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 Mirati Ther's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mirati financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mirati Ther Stock history
Mirati Ther 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 Mirati is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mirati Ther 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 Mirati Ther stock prices may prove useful in developing a viable investing in Mirati Ther
Mirati Therapeutics, Inc., a clinical-stage oncology company, develops product candidates to address the genetic and immunological promoters of cancer in the United States. Mirati Therapeutics, Inc. was founded in 1995 and is headquartered in San Diego, California. Mirati Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 413 people.
Mirati Ther Stock Technical Analysis
Mirati Ther 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Mirati Ther Period Price Range
Low | November 26, 2024
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0.00 | 0.00 |
Mirati Ther 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.
Mirati Ther November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Mirati Ther stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mirati Ther shares will generate the highest return on investment. By undertsting and applying Mirati Ther stock market strength indicators, traders can identify Mirati Ther entry and exit signals to maximize returns
Mirati Ther Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mirati Ther's price direction in advance. Along with the technical and fundamental analysis of Mirati Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mirati 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 | (0.1) | |||
Jensen Alpha | (0.52) | |||
Total Risk Alpha | (0.89) | |||
Treynor Ratio | (0.53) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Mirati Stock
If you are still planning to invest in Mirati Ther check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mirati Ther's history and understand the potential risks before investing.
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