Nucana Plc Stock Price on April 19, 2023
If you're considering investing in NuCana Stock, it is important to understand the factors that can impact its price. At this point, NuCana PLC is out of control. NuCana PLC retains Efficiency (Sharpe Ratio) of 0.0042, which conveys that the firm had a 0.0042% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for NuCana PLC, which you can use to evaluate the volatility of the firm. Please verify NuCana PLC's Mean Deviation of 6.17, market risk adjusted performance of 0.037, and Semi Deviation of 7.42 to check out if the risk estimate we provide is consistent with the expected return of 0.0849%.
NuCana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NuCana |
Sharpe Ratio = 0.0042
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Estimated Market Risk
| 20.2 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NuCana PLC 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 NuCana PLC by adding NuCana PLC to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
NuCana PLC Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
NuCana PLC 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.
NuCana PLC December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how NuCana PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NuCana PLC shares will generate the highest return on investment. By undertsting and applying NuCana PLC stock market strength indicators, traders can identify NuCana PLC entry and exit signals to maximize returns
NuCana PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NuCana PLC's price direction in advance. Along with the technical and fundamental analysis of NuCana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NuCana 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 | 0.0127 | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (3.13) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.027 |
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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 board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Tools for NuCana Stock
When running NuCana PLC's price analysis, check to measure NuCana PLC'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 NuCana PLC is operating at the current time. Most of NuCana PLC's value examination focuses on studying past and present price action to predict the probability of NuCana PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NuCana PLC's price. Additionally, you may evaluate how the addition of NuCana PLC to your portfolios can decrease your overall portfolio volatility.
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