Xbiotech Stock Price on October 16, 2024
| XBIT Stock | USD 7.35 0.54 7.93% |
Below is the normalized historical share price chart for XBiotech extending back to April 15, 2015. 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 XBiotech stands at 7.35, as last reported on the 29th of November, with the highest price reaching 7.52 and the lowest price hitting 6.81 during the day.
If you're considering investing in XBiotech Stock, it is important to understand the factors that can impact its price. XBiotech appears to be slightly risky, given 3 months investment horizon. XBiotech shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for XBiotech, which you can use to evaluate the volatility of the entity. Please utilize XBiotech's Market Risk Adjusted Performance of 0.111, downside deviation of 5.26, and Mean Deviation of 3.58 to validate if our risk estimates are consistent with your expectations.
At this time, XBiotech's Common Stock Shares Outstanding is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 4.8 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 209.4 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.21 in 2024, whereas Price To Sales Ratio is likely to drop 14.88 in 2024. XBiotech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of April 2015 | 200 Day MA 7.0712 | 50 Day MA 7.2079 | Beta 1.413 |
XBiotech |
Sharpe Ratio = 0.1085
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Estimated Market Risk
| 4.55 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average XBiotech is performing at about 8% 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 XBiotech by adding it to a well-diversified portfolio.
Price Book 1.1662 | Enterprise Value Ebitda (1.60) | Price Sales 12.2321 | Shares Float 19.8 M | Wall Street Target Price 18 |
XBiotech Valuation on October 16, 2024
It is possible to determine the worth of XBiotech on a given historical date. On October 16, 2024 XBiotech was worth 7.3 at the beginning of the trading date compared to the closed value of 7.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XBiotech stock. Still, in general, we apply an absolute valuation method to find XBiotech'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 XBiotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XBiotech's related companies.
| Open | High | Low | Close | Volume | |
| 7.56 | 7.70 | 7.07 | 7.45 | 34,909 | |
10/16/2024 | 7.30 | 7.75 | 7.28 | 7.71 | 38,566 |
| 7.60 | 7.60 | 7.54 | 7.54 | 22,720 |
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XBiotech Trading Date Momentum on October 16, 2024
| On October 17 2024 XBiotech was traded for 7.54 at the closing time. The top price for the day was 7.60 and the lowest listed price was 7.54 . The trading volume for the day was 22.7 K. The trading history from October 17, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.20% . The trading price change against the current closing price is 4.80% . |
XBiotech Fundamentals Correlations and Trends
By evaluating XBiotech'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 XBiotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. XBiotech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About XBiotech Stock history
XBiotech 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 XBiotech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XBiotech 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 XBiotech stock prices may prove useful in developing a viable investing in XBiotech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.4 M | 36.4 M | |
| Net Loss | -37.8 M | -35.9 M |
XBiotech Quarterly Net Working Capital |
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XBiotech Stock Technical Analysis
XBiotech 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
XBiotech Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
XBiotech 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.
XBiotech November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how XBiotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading XBiotech shares will generate the highest return on investment. By undertsting and applying XBiotech stock market strength indicators, traders can identify XBiotech entry and exit signals to maximize returns
XBiotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for XBiotech's price direction in advance. Along with the technical and fundamental analysis of XBiotech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of XBiotech 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 | 0.0566 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0332 | |||
| Treynor Ratio | 0.101 |
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Additional Tools for XBiotech Stock Analysis
When running XBiotech's price analysis, check to measure XBiotech'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 XBiotech is operating at the current time. Most of XBiotech's value examination focuses on studying past and present price action to predict the probability of XBiotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XBiotech's price. Additionally, you may evaluate how the addition of XBiotech to your portfolios can decrease your overall portfolio volatility.