Scilex Holding Stock Price on November 7, 2024
| SCLX Stock | 0.64 0.04 6.67% |
If you're considering investing in Scilex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scilex Holding stands at 0.64, as last reported on the 27th of November, with the highest price reaching 0.64 and the lowest price hitting 0.54 during the day. Scilex Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0967, which indicates the firm had a -0.0967% return per unit of risk over the last 3 months. Scilex Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scilex Holding's Risk Adjusted Performance of (0.07), variance of 42.39, and Coefficient Of Variation of (986.56) to confirm the risk estimate we provide.
At this time, Scilex Holding's Common Stock Total Equity is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 37.2 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 108.7 M in 2024. . Price To Sales Ratio is likely to drop to 5.40 in 2024. Price Earnings Ratio is likely to drop to -2.44 in 2024. Scilex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scilex |
Sharpe Ratio = -0.0967
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| Negative Returns | SCLX |
Estimated Market Risk
| 6.61 actual daily | 58 58% of assets are less volatile |
Expected Return
| -0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scilex Holding 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 Scilex Holding by adding Scilex Holding to a well-diversified portfolio.
Price Book 28.8516 | Enterprise Value Ebitda (2.64) | Price Sales 1.6861 | Shares Float 56.7 M | Wall Street Target Price 7.625 |
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Scilex Holding Valuation on November 7, 2024
It is possible to determine the worth of Scilex Holding on a given historical date. On November 7, 2024 Scilex was worth 1.12 at the beginning of the trading date compared to the closed value of 0.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scilex Holding stock. Still, in general, we apply an absolute valuation method to find Scilex Holding'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 Scilex Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scilex Holding's related companies.
| Open | High | Low | Close | Volume | |
| 1.11 | 1.14 | 1.03 | 1.07 | 7,292,952 | |
11/07/2024 | 1.12 | 1.12 | 0.89 | 0.98 | 5,154,817 |
| 0.98 | 0.98 | 0.87 | 0.88 | 3,811,484 |
| Backtest Scilex Holding | | | Scilex Holding History | | | Scilex Holding Valuation | Previous | Next |
Scilex Holding Trading Date Momentum on November 7, 2024
| On November 08 2024 Scilex Holding was traded for 0.88 at the closing time. The top price for the day was 0.98 and the lowest listed price was 0.87 . The trading volume for the day was 3.8 M. The trading history from November 8, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 10.20% . The trading price change against the current closing price is 38.78% . |
Scilex Holding Fundamentals Correlations and Trends
By evaluating Scilex Holding'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 Scilex Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scilex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scilex Holding Stock history
Scilex Holding 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 Scilex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scilex Holding 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 Scilex Holding stock prices may prove useful in developing a viable investing in Scilex Holding
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 130.3 M | 108.7 M | |
| Net Loss | -26.9 M | -28.2 M |
Scilex Holding Stock Technical Analysis
Scilex Holding 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
Scilex Holding Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Scilex Holding 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.
Scilex Holding November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Scilex Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scilex Holding shares will generate the highest return on investment. By undertsting and applying Scilex Holding stock market strength indicators, traders can identify Scilex Holding entry and exit signals to maximize returns
Scilex Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scilex Holding's price direction in advance. Along with the technical and fundamental analysis of Scilex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scilex 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 | (0.07) | |||
| Jensen Alpha | (0.96) | |||
| Total Risk Alpha | (1.70) | |||
| Treynor Ratio | (0.28) |
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Additional Tools for Scilex Stock Analysis
When running Scilex Holding's price analysis, check to measure Scilex Holding'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 Scilex Holding is operating at the current time. Most of Scilex Holding's value examination focuses on studying past and present price action to predict the probability of Scilex Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scilex Holding's price. Additionally, you may evaluate how the addition of Scilex Holding to your portfolios can decrease your overall portfolio volatility.