Unity Biotechnology Stock Price on November 26, 2024

UBX Stock  USD 1.24  0.03  2.48%   
Below is the normalized historical share price chart for Unity Biotechnology extending back to May 03, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Unity Biotechnology stands at 1.24, as last reported on the 30th of November, with the highest price reaching 1.25 and the lowest price hitting 1.21 during the day.
IPO Date
3rd of May 2018
200 Day MA
1.4867
50 Day MA
1.3448
Beta
0.827
 
Covid
If you're considering investing in Unity Stock, it is important to understand the factors that can impact its price. Unity Biotechnology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Unity Biotechnology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Unity Biotechnology's Variance of 6.03, coefficient of variation of (584.29), and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
  
At this time, Unity Biotechnology's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 100.2 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 27 M in 2024. . At this time, Unity Biotechnology's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 1.07 in 2024, whereas Price Earnings Ratio is likely to drop (0.75) in 2024. Unity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1329

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Estimated Market Risk

 2.44
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Unity Biotechnology 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 Unity Biotechnology by adding Unity Biotechnology to a well-diversified portfolio.
Price Book
1.4415
Enterprise Value Ebitda
(0.23)
Price Sales
6.5445
Shares Float
14.7 M
Wall Street Target Price
7

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Unity Biotechnology Valuation on November 26, 2024

It is possible to determine the worth of Unity Biotechnology on a given historical date. On November 26, 2024 Unity was worth 1.19 at the beginning of the trading date compared to the closed value of 1.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unity Biotechnology stock. Still, in general, we apply an absolute valuation method to find Unity Biotechnology'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 Unity Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unity Biotechnology's related companies.
 Open High Low Close Volume
  1.17    1.20    1.16    1.19    51,209  
11/26/2024
  1.19    1.22    1.17    1.21    65,647  
  1.25    1.25    1.19    1.21    30,597  
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Open Value
1.19
1.21
Closing Value
8.51
Upside

Unity Biotechnology Trading Date Momentum on November 26, 2024

On November 27 2024 Unity Biotechnology was traded for  1.21  at the closing time. Highest Unity Biotechnology's price during the trading hours was 1.25  and the lowest price during the day was  1.19 . The net volume was 30.6 K. The overall trading history on the 27th of November did not result in any price rise and fall. The trading price change to current price is 0.83% .

Unity Biotechnology Fundamentals Correlations and Trends

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

About Unity Biotechnology Stock history

Unity Biotechnology 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 Unity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unity Biotechnology 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 Unity Biotechnology stock prices may prove useful in developing a viable investing in Unity Biotechnology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding14.8 M15.5 M
Net Loss-53.9 M-56.6 M

Unity Biotechnology Quarterly Net Working Capital

21.48 Million

Unity Biotechnology Stock Technical Analysis

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

Unity Biotechnology Period Price Range

Low
November 30, 2024
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High

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 0.00 

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Unity Biotechnology November 30, 2024 Market Strength

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

Unity Biotechnology Technical and Predictive Indicators

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

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