2seventy Bio Stock Price on August 8, 2024

TSVT Stock  USD 3.69  0.06  1.60%   
If you're considering investing in 2Seventy Stock, it is important to understand the factors that can impact its price. As of today, the current price of 2Seventy Bio stands at 3.69, as last reported on the 26th of November, with the highest price reaching 3.79 and the lowest price hitting 3.61 during the day. 2Seventy Bio secures Sharpe Ratio (or Efficiency) of -0.0396, which signifies that the company had a -0.0396% return per unit of volatility over the last 3 months. 2Seventy Bio exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 2Seventy Bio's mean deviation of 3.16, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
At this time, 2Seventy Bio's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 805.1 M in 2024, whereas Common Stock is likely to drop 4,750 in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.03 in 2024, whereas Price To Sales Ratio is likely to drop 1.99 in 2024. 2Seventy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0396

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Estimated Market Risk

 4.33
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average 2Seventy Bio 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 2Seventy Bio by adding 2Seventy Bio to a well-diversified portfolio.
Price Book
0.8481
Enterprise Value Ebitda
(1.29)
Price Sales
4.2406
Shares Float
50 M
Wall Street Target Price
8.25

Related Headline

Iovance Biotherapeutics Headline on 8th of August 2024

Revenue 31.1 million for Q2 2024, fell short of estimates of 49.05 million.Net Loss 97.1 million for Q2 2024, or 0.34 per share, compared to 106.5 milli

2Seventy Bio Valuation on August 8, 2024

It is possible to determine the worth of 2Seventy Bio on a given historical date. On August 8, 2024 2Seventy was worth 4.36 at the beginning of the trading date compared to the closed value of 4.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 2Seventy Bio stock. Still, in general, we apply an absolute valuation method to find 2Seventy Bio'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 2Seventy Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 2Seventy Bio's related companies.
 Open High Low Close Volume
  4.47    4.90    4.31    4.35    655,055  
08/08/2024
  4.36    4.66    4.36    4.56    283,591  
  4.55    4.61    4.17    4.18    273,851  
Backtest 2Seventy Bio  |  2Seventy Bio History  |  2Seventy Bio Valuation   PreviousNext  
Open Value
4.36
4.56
Closing Value
17.36
Upside

2Seventy Bio Trading Date Momentum on August 8, 2024

On August 09 2024 2Seventy Bio was traded for  4.18  at the closing time. The top price for the day was 4.61  and the lowest listed price was  4.17 . The trading volume for the day was 273.9 K. The trading history from August 9, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 8.33% . The daily price change against the current closing price is 3.51% .

2Seventy Bio Fundamentals Correlations and Trends

By evaluating 2Seventy Bio'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 2Seventy Bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 2Seventy financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About 2Seventy Bio Stock history

2Seventy Bio 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 2Seventy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 2Seventy Bio 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 2Seventy Bio stock prices may prove useful in developing a viable investing in 2Seventy Bio
Last ReportedProjected for Next Year
Common Stock Shares Outstanding49.3 M32.7 M
Net Loss-228.7 M-240.2 M

2Seventy Bio Stock Technical Analysis

2Seventy Bio 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 2Seventy Bio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 2Seventy Bio 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

2Seventy Bio Period Price Range

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November 26, 2024
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2Seventy Bio 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.

2Seventy Bio November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how 2Seventy Bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 2Seventy Bio shares will generate the highest return on investment. By undertsting and applying 2Seventy Bio stock market strength indicators, traders can identify 2Seventy Bio entry and exit signals to maximize returns

2Seventy Bio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for 2Seventy Bio's price direction in advance. Along with the technical and fundamental analysis of 2Seventy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2Seventy 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.

Additional Tools for 2Seventy Stock Analysis

When running 2Seventy Bio's price analysis, check to measure 2Seventy Bio'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 2Seventy Bio is operating at the current time. Most of 2Seventy Bio's value examination focuses on studying past and present price action to predict the probability of 2Seventy Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 2Seventy Bio's price. Additionally, you may evaluate how the addition of 2Seventy Bio to your portfolios can decrease your overall portfolio volatility.