Sight Sciences Stock Price on November 7, 2024
SGHT Stock | USD 4.01 0.25 6.65% |
If you're considering investing in Sight Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sight Sciences stands at 4.01, as last reported on the 22nd of November, with the highest price reaching 4.15 and the lowest price hitting 3.94 during the day. Sight Sciences owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. Sight Sciences exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sight Sciences' Risk Adjusted Performance of (0.13), coefficient of variation of (567.26), and Variance of 16.4 to confirm the risk estimate we provide.
At this time, Sight Sciences' Common Stock Total Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 49.4 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 242.2 M in 2024. . At this time, Sight Sciences' Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.13 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (5.58) in 2024. Sight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sight |
Sharpe Ratio = -0.1963
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SGHT |
Estimated Market Risk
4.06 actual daily | 36 64% of assets are more volatile |
Expected Return
-0.8 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sight Sciences 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 Sight Sciences by adding Sight Sciences to a well-diversified portfolio.
Price Book 1.9956 | Enterprise Value Ebitda (4.25) | Price Sales 2.3823 | Shares Float 31.1 M | Wall Street Target Price 5.66 |
Sight Sciences Main Headline on 7th of November 2024
Sight Sciences Reports Third Quarter 2024 Financial Results ... by finance.yahoo.com
MENLO PARK, Calif., Nov. 07, 2024 -- Sight Sciences, Inc. , an eyecare technology company focused on developing and commercializing innovative, interventional technologies that elevate the standard of care, today reported financial results for the third quarter ended September 30, 2024, and updated its adjusted operating expenses guidance for full year 2024. Third Quarter 2024 Financial and Business Highlights Generated total rev
Sight Sciences Valuation on November 7, 2024
It is possible to determine the worth of Sight Sciences on a given historical date. On November 7, 2024 Sight was worth 5.11 at the beginning of the trading date compared to the closed value of 4.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sight Sciences stock. Still, in general, we apply an absolute valuation method to find Sight Sciences' 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 Sight Sciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sight Sciences' related companies.
Open | High | Low | Close | Volume | |
5.15 | 5.19 | 4.86 | 5.10 | 328,023 | |
11/07/2024 | 5.11 | 5.11 | 4.61 | 4.68 | 213,926 |
4.45 | 4.60 | 4.13 | 4.23 | 472,657 |
Backtest Sight Sciences | | | Sight Sciences History | | | Sight Sciences Valuation | Previous | Next |
Sight Sciences Trading Date Momentum on November 7, 2024
On November 08 2024 Sight Sciences was traded for 4.23 at the closing time. The top price for the day was 4.60 and the lowest listed price was 4.13 . The trading volume for the day was 472.7 K. 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 9.62% . The trading price change against the current closing price is 18.59% . |
Sight Sciences Fundamentals Correlations and Trends
By evaluating Sight Sciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sight Sciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sight financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sight Sciences Stock history
Sight Sciences 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 Sight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sight Sciences 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 Sight Sciences stock prices may prove useful in developing a viable investing in Sight Sciences
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 48.6 M | 49.4 M | |
Net Loss | -77.6 M | -73.7 M |
Sight Sciences Quarterly Net Working Capital |
|
Sight Sciences Stock Technical Analysis
Sight Sciences 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
Sight Sciences Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Sight Sciences 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.
Sight Sciences November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Sight Sciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sight Sciences shares will generate the highest return on investment. By undertsting and applying Sight Sciences stock market strength indicators, traders can identify Sight Sciences entry and exit signals to maximize returns
Sight Sciences Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sight Sciences' price direction in advance. Along with the technical and fundamental analysis of Sight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sight 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 | (0.13) | |||
Jensen Alpha | (1.05) | |||
Total Risk Alpha | (1.25) | |||
Treynor Ratio | (0.22) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Sight Stock Analysis
When running Sight Sciences' price analysis, check to measure Sight Sciences' 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 Sight Sciences is operating at the current time. Most of Sight Sciences' value examination focuses on studying past and present price action to predict the probability of Sight Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sight Sciences' price. Additionally, you may evaluate how the addition of Sight Sciences to your portfolios can decrease your overall portfolio volatility.