Olema Pharmaceuticals Stock Price on November 17, 2023
| OLMA Stock | USD 6.72 1.69 20.10% |
If you're considering investing in Olema Stock, it is important to understand the factors that can impact its price. As of today, the current price of Olema Pharmaceuticals stands at 6.72, as last reported on the 12th of December 2024, with the highest price reaching 8.55 and the lowest price hitting 6.50 during the day. Olema Pharmaceuticals maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Olema Pharmaceuticals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Olema Pharmaceuticals' Variance of 25.11, risk adjusted performance of (0.11), and Coefficient Of Variation of (636.79) to confirm the risk estimate we provide.
At present, Olema Pharmaceuticals' Sale Purchase Of Stock is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 130.3 M, whereas Total Stockholder Equity is forecasted to decline to about 193.8 M. . At present, Olema Pharmaceuticals' Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.63, whereas Price Earnings Ratio is forecasted to decline to (6.90). Olema Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Olema |
Sharpe Ratio = -0.1491
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| Negative Returns | OLMA |
Estimated Market Risk
| 5.51 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.82 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Olema Pharmaceuticals 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 Olema Pharmaceuticals by adding Olema Pharmaceuticals to a well-diversified portfolio.
Price Book 3.1206 | Book Value 3.474 | Enterprise Value 407.7 M | Enterprise Value Ebitda (3.33) | Shares Float 29.3 M |
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Olema Pharmaceuticals Valuation on November 17, 2023
It is possible to determine the worth of Olema Pharmaceuticals on a given historical date. On November 17, 2023 Olema was worth 16.9 at the beginning of the trading date compared to the closed value of 15.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Olema Pharmaceuticals stock. Still, in general, we apply an absolute valuation method to find Olema Pharmaceuticals' 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 Olema Pharmaceuticals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Olema Pharmaceuticals' related companies.
| Open | High | Low | Close | Volume | |
| 17.02 | 17.02 | 16.01 | 16.78 | 340,200 | |
11/17/2023 | 16.90 | 17.10 | 15.79 | 15.91 | 600,600 |
| 15.99 | 16.37 | 15.51 | 15.95 | 896,300 |
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Olema Pharmaceuticals Trading Date Momentum on November 17, 2023
| On November 20 2023 Olema Pharmaceuticals was traded for 15.95 at the closing time. The top price for the day was 16.37 and the lowest listed price was 15.51 . The trading volume for the day was 896.3 K. The trading history from November 20, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.25% . The trading delta at closing time against the current closing price is 9.05% . |
Olema Pharmaceuticals Fundamentals Correlations and Trends
By evaluating Olema Pharmaceuticals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Olema Pharmaceuticals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Olema financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Olema Pharmaceuticals Stock history
Olema Pharmaceuticals 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 Olema is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Olema Pharmaceuticals 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 Olema Pharmaceuticals stock prices may prove useful in developing a viable investing in Olema Pharmaceuticals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 45.2 M | 40 M | |
| Net Loss | -94.3 M | -89.6 M |
Olema Pharmaceuticals Quarterly Net Working Capital |
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Olema Pharmaceuticals Stock Technical Analysis
Olema Pharmaceuticals 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
Olema Pharmaceuticals Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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Olema Pharmaceuticals December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Olema Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Olema Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Olema Pharmaceuticals stock market strength indicators, traders can identify Olema Pharmaceuticals entry and exit signals to maximize returns
Olema Pharmaceuticals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Olema Pharmaceuticals' price direction in advance. Along with the technical and fundamental analysis of Olema Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Olema 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 | (0.11) | |||
| Jensen Alpha | (1.08) | |||
| Total Risk Alpha | (1.50) | |||
| Treynor Ratio | (0.29) |
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Complementary Tools for Olema Stock analysis
When running Olema Pharmaceuticals' price analysis, check to measure Olema Pharmaceuticals' 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 Olema Pharmaceuticals is operating at the current time. Most of Olema Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Olema Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olema Pharmaceuticals' price. Additionally, you may evaluate how the addition of Olema Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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