Singular Genomics Systems Stock Price on December 6, 2024

OMIC Stock  USD 19.82  0.07  0.35%   
If you're considering investing in Singular Stock, it is important to understand the factors that can impact its price. As of today, the current price of Singular Genomics stands at 19.82, as last reported on the 2nd of February, with the highest price reaching 19.90 and the lowest price hitting 19.82 during the day. Singular Genomics Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0913, which indicates the firm had a -0.0913 % return per unit of risk over the last 3 months. Singular Genomics Systems exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Singular Genomics' Coefficient Of Variation of 1075.57, semi deviation of 1.8, and Risk Adjusted Performance of 0.087 to confirm the risk estimate we provide.
  
As of February 2, 2025, Total Stockholder Equity is expected to decline to about 153.8 M. In addition to that, Common Stock Total Equity is expected to decline to 4,400. At present, Singular Genomics' Price To Book Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 0.18, whereas Price To Sales Ratio is forecasted to decline to 12.57. Singular Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0913

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Estimated Market Risk

 1.92
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Singular Genomics 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 Singular Genomics by adding Singular Genomics to a well-diversified portfolio.
Price Book
0.4094
Enterprise Value Ebitda
0.7749
Price Sales
18.4663
Shares Float
1.4 M
Wall Street Target Price
12.45

Singular Genomics Main Headline on 6th of December 2024

Filed transaction by Singular Genomics Systems Director, Officer Chief Executive Officer. Grant, award or other acquisition pursuant to Rule 16b-3

Singular Genomics Valuation on December 6, 2024

It is possible to determine the worth of Singular Genomics on a given historical date. On December 6, 2024 Singular was worth 20.37 at the beginning of the trading date compared to the closed value of 20.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Singular Genomics stock. Still, in general, we apply an absolute valuation method to find Singular Genomics' 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 Singular Genomics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Singular Genomics' related companies.
 Open High Low Close Volume
  21.25    21.25    18.90    19.40    48,222  
12/06/2024
  20.37    20.40    20.02    20.02    4,808  
  20.01    20.97    19.66    20.90    10,193  
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Open Value
20.37
20.02
Closing Value
26.13
Upside

Singular Genomics Trading Date Momentum on December 6, 2024

On December 09 2024 Singular Genomics Systems was traded for  20.90  at the closing time. The top price for the day was 20.97  and the lowest listed price was  19.66 . The trading volume for the day was 10.2 K. The trading history from December 9, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 4.40% . The trading price change against the current closing price is 9.39% .

Singular Genomics Systems Fundamentals Correlations and Trends

By evaluating Singular Genomics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Singular Genomics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Singular financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Singular Genomics Stock history

Singular Genomics 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 Singular is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Singular Genomics Systems 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 Singular Genomics stock prices may prove useful in developing a viable investing in Singular Genomics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.2 M2.1 M
Net Loss-81.8 M-85.9 M

Singular Genomics Quarterly Net Working Capital

112.2 Million

Singular Genomics Stock Technical Analysis

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

Singular Genomics Period Price Range

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Singular Genomics Systems 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.

Singular Genomics February 2, 2025 Market Strength

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

Singular Genomics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Singular Genomics' price direction in advance. Along with the technical and fundamental analysis of Singular Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Singular 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.

Complementary Tools for Singular Stock analysis

When running Singular Genomics' price analysis, check to measure Singular Genomics' 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 Singular Genomics is operating at the current time. Most of Singular Genomics' value examination focuses on studying past and present price action to predict the probability of Singular Genomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singular Genomics' price. Additionally, you may evaluate how the addition of Singular Genomics to your portfolios can decrease your overall portfolio volatility.
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