Scynexis Stock Price on November 21, 2024
SCYX Stock | USD 1.20 0.01 0.84% |
If you're considering investing in Scynexis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scynexis stands at 1.20, as last reported on the 25th of November, with the highest price reaching 1.23 and the lowest price hitting 1.17 during the day. Scynexis owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0832, which indicates the firm had a -0.0832% return per unit of risk over the last 3 months. Scynexis exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scynexis' Coefficient Of Variation of (1,201), variance of 10.88, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Scynexis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scynexis |
Sharpe Ratio = -0.0832
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Estimated Market Risk
3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scynexis 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 Scynexis by adding Scynexis to a well-diversified portfolio.
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Scynexis Valuation on November 21, 2024
It is possible to determine the worth of Scynexis on a given historical date. On November 21, 2024 Scynexis was worth 1.16 at the beginning of the trading date compared to the closed value of 1.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scynexis stock. Still, in general, we apply an absolute valuation method to find Scynexis' 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 Scynexis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scynexis' related companies.
Open | High | Low | Close | Volume | |
1.18 | 1.19 | 1.15 | 1.18 | 108,279 | |
11/21/2024 | 1.16 | 1.21 | 1.16 | 1.19 | 103,276 |
1.18 | 1.23 | 1.17 | 1.20 | 148,095 |
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Scynexis Trading Date Momentum on November 21, 2024
On November 22 2024 Scynexis was traded for 1.20 at the closing time. The top price for the day was 1.23 and the lowest listed price was 1.17 . The trading volume for the day was 148.1 K. The trading history from November 22, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.84% . The trading price change against the current closing price is 0.84% . |
Scynexis Fundamentals Correlations and Trends
By evaluating Scynexis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Scynexis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scynexis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scynexis Stock history
Scynexis 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 Scynexis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scynexis 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 Scynexis stock prices may prove useful in developing a viable investing in Scynexis
SCYNEXIS, Inc., a biotechnology company, develops products for the treatment fungal infections in the United States. SCYNEXIS, Inc. was incorporated in 1999 and is headquartered in Jersey City, New Jersey. Scynexis operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 56 people.
Scynexis Stock Technical Analysis
Scynexis 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
Scynexis Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Scynexis 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.
Scynexis November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Scynexis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scynexis shares will generate the highest return on investment. By undertsting and applying Scynexis stock market strength indicators, traders can identify Scynexis entry and exit signals to maximize returns
Scynexis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scynexis' price direction in advance. Along with the technical and fundamental analysis of Scynexis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scynexis 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 | (0.06) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.80) | |||
Treynor Ratio | (0.52) |
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Additional Tools for Scynexis Stock Analysis
When running Scynexis' price analysis, check to measure Scynexis' 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 Scynexis is operating at the current time. Most of Scynexis' value examination focuses on studying past and present price action to predict the probability of Scynexis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scynexis' price. Additionally, you may evaluate how the addition of Scynexis to your portfolios can decrease your overall portfolio volatility.