Psyence Biomedical Ltd Stock Price on November 25, 2024
| PBM Stock | USD 3.46 0.05 1.42% |
If you're considering investing in Psyence Stock, it is important to understand the factors that can impact its price. As of today, the current price of Psyence Biomedical stands at 3.46, as last reported on the 1st of December, with the highest price reaching 3.73 and the lowest price hitting 3.29 during the day. Psyence Biomedical maintains Sharpe Ratio (i.e., Efficiency) of -0.29, which implies the firm had a -0.29% return per unit of risk over the last 3 months. Psyence Biomedical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Psyence Biomedical's Variance of 85.61, risk adjusted performance of (0.23), and Coefficient Of Variation of (319.23) to confirm the risk estimate we provide.
As of the 1st of December 2024, Common Stock Shares Outstanding is likely to grow to about 11.4 M, though Total Stockholder Equity is likely to grow to (10.4 M). . As of the 1st of December 2024, Price Earnings Ratio is likely to grow to -10.35. In addition to that, Price Book Value Ratio is likely to grow to -48.24. Psyence Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Psyence |
Sharpe Ratio = -0.2888
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Estimated Market Risk
| 9.31 actual daily | 82 82% of assets are less volatile |
Expected Return
| -2.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.29 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Psyence Biomedical 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 Psyence Biomedical by adding Psyence Biomedical to a well-diversified portfolio.
Book Value (0.82) | Enterprise Value 12.3 M | Shares Float 2.5 M | Shares Outstanding 16.7 M | Market Capitalization 2.6 M |
Psyence Biomedical Main Headline on 25th of November 2024
VIVIO Extends Open Market Specialty Drug Platform to Solve O... by businesswire.com
Announcement of new product from VIVIO, PrecisionCare One, the first full PBM replacement platform.
Psyence Biomedical Valuation on November 25, 2024
It is possible to determine the worth of Psyence Biomedical on a given historical date. On November 25, 2024 Psyence was worth 3.3 at the beginning of the trading date compared to the closed value of 3.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Psyence Biomedical stock. Still, in general, we apply an absolute valuation method to find Psyence Biomedical'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 Psyence Biomedical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Psyence Biomedical's related companies.
| Open | High | Low | Close | Volume | |
| 3.53 | 3.68 | 3.22 | 3.30 | 147,381 | |
11/25/2024 | 3.30 | 3.60 | 3.00 | 3.60 | 96,809 |
| 3.55 | 4.37 | 3.04 | 3.34 | 325,183 |
| Backtest Psyence Biomedical | | | Psyence Biomedical History | | | Psyence Biomedical Valuation | Previous | Next |
Psyence Biomedical Trading Date Momentum on November 25, 2024
| On November 26 2024 Psyence Biomedical Ltd was traded for 3.34 at the closing time. Highest Psyence Biomedical's price during the trading hours was 4.37 and the lowest price during the day was 3.04 . The net volume was 325.2 K. The overall trading history on the 26th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 7.22% . The trading delta at closing time to current price is 5.56% . |
Psyence Biomedical Fundamentals Correlations and Trends
By evaluating Psyence Biomedical'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 Psyence Biomedical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Psyence financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Psyence Biomedical Stock history
Psyence Biomedical 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 Psyence is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Psyence Biomedical 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 Psyence Biomedical stock prices may prove useful in developing a viable investing in Psyence Biomedical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.5 M | 11.4 M |
Psyence Biomedical Stock Technical Analysis
Psyence Biomedical 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
Psyence Biomedical Period Price Range
Low | December 1, 2024
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0.00 | 0.00 |
Psyence Biomedical Ltd 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.
Psyence Biomedical December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Psyence Biomedical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Psyence Biomedical shares will generate the highest return on investment. By undertsting and applying Psyence Biomedical stock market strength indicators, traders can identify Psyence Biomedical Ltd entry and exit signals to maximize returns
Psyence Biomedical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Psyence Biomedical's price direction in advance. Along with the technical and fundamental analysis of Psyence Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Psyence 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 | (0.23) | |||
| Jensen Alpha | (2.90) | |||
| Total Risk Alpha | (4.45) | |||
| Treynor Ratio | 49.04 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Psyence Biomedical Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Psyence Biomedical. If investors know Psyence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Psyence Biomedical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.82) | Return On Assets (1.26) |
The market value of Psyence Biomedical is measured differently than its book value, which is the value of Psyence that is recorded on the company's balance sheet. Investors also form their own opinion of Psyence Biomedical's value that differs from its market value or its book value, called intrinsic value, which is Psyence Biomedical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Psyence Biomedical's market value can be influenced by many factors that don't directly affect Psyence Biomedical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Psyence Biomedical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Psyence Biomedical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Psyence Biomedical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.