Beyond Air Stock Price on August 6, 2024
| XAIR Stock | USD 0.55 0.01 1.85% |
Below is the normalized historical share price chart for Beyond Air extending back to September 23, 2016. 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 Beyond Air stands at 0.55, as last reported on the 26th of November, with the highest price reaching 0.56 and the lowest price hitting 0.53 during the day.
If you're considering investing in Beyond Stock, it is important to understand the factors that can impact its price. Beyond Air appears to be very risky, given 3 months investment horizon. Beyond Air secures Sharpe Ratio (or Efficiency) of 0.0962, which signifies that the company had a 0.0962% return per unit of risk over the last 3 months. By analyzing Beyond Air's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of Beyond Air's Mean Deviation of 5.42, downside deviation of 7.31, and Risk Adjusted Performance of 0.0656 to double-check if our risk estimates are consistent with your expectations.
At this time, Beyond Air's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/26/2024, Other Stockholder Equity is likely to grow to about 278 M, while Common Stock is likely to drop 3,521. . At this time, Beyond Air's Price To Sales Ratio is relatively stable compared to the past year. As of 11/26/2024, Price Sales Ratio is likely to grow to 46.01, while Price Earnings Ratio is likely to drop (2.24). Beyond Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of September 2017 | 200 Day MA 0.9329 | 50 Day MA 0.4206 | Beta (0.18) |
Beyond |
Sharpe Ratio = 0.0962
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Estimated Market Risk
| 6.87 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Beyond Air is performing at about 7% of its full potential. 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 Beyond Air by adding it to a well-diversified portfolio.
Price Book 1.3859 | Enterprise Value Ebitda (4.23) | Price Sales 22.1057 | Shares Float 29 M | Wall Street Target Price 2.5 |
Beyond Air Valuation on August 6, 2024
It is possible to determine the worth of Beyond Air on a given historical date. On August 6, 2024 Beyond was worth 0.55 at the beginning of the trading date compared to the closed value of 0.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beyond Air stock. Still, in general, we apply an absolute valuation method to find Beyond Air'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 Beyond Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beyond Air's related companies.
| Open | High | Low | Close | Volume | |
| 0.50 | 0.58 | 0.48 | 0.49 | 674,530 | |
08/06/2024 | 0.55 | 0.59 | 0.50 | 0.51 | 527,400 |
| 0.57 | 0.58 | 0.42 | 0.42 | 701,899 |
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Beyond Air Trading Date Momentum on August 6, 2024
| On August 07 2024 Beyond Air was traded for 0.42 at the closing time. The top price for the day was 0.58 and the lowest listed price was 0.42 . The trading volume for the day was 701.9 K. The trading history from August 7, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 17.65% . The overall trading delta against the current closing price is 21.57% . |
Beyond Air Fundamentals Correlations and Trends
By evaluating Beyond Air'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 Beyond Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beyond financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beyond Air Stock history
Beyond Air 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 Beyond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beyond Air 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 Beyond Air stock prices may prove useful in developing a viable investing in Beyond Air
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 33.2 M | 34.8 M | |
| Net Loss | -50.2 M | -47.7 M |
Beyond Air Quarterly Net Working Capital |
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Beyond Air Stock Technical Analysis
Beyond Air 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
Beyond Air Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Beyond Air 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.
Beyond Air November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Beyond Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beyond Air shares will generate the highest return on investment. By undertsting and applying Beyond Air stock market strength indicators, traders can identify Beyond Air entry and exit signals to maximize returns
Beyond Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beyond Air's price direction in advance. Along with the technical and fundamental analysis of Beyond Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beyond 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 | 0.0656 | |||
| Jensen Alpha | 0.4136 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.0515 | |||
| Treynor Ratio | 0.7232 |
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Additional Tools for Beyond Stock Analysis
When running Beyond Air's price analysis, check to measure Beyond Air'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 Beyond Air is operating at the current time. Most of Beyond Air's value examination focuses on studying past and present price action to predict the probability of Beyond Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Air's price. Additionally, you may evaluate how the addition of Beyond Air to your portfolios can decrease your overall portfolio volatility.