180 Life Sciences Stock Market Value
| ATNF Stock | USD 2.22 0.03 1.33% |
| Symbol | 180 |
180 Life Sciences Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 180 Life. If investors know 180 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 180 Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 7.98 | Return On Assets (0.64) | Return On Equity (3.99) |
The market value of 180 Life Sciences is measured differently than its book value, which is the value of 180 that is recorded on the company's balance sheet. Investors also form their own opinion of 180 Life's value that differs from its market value or its book value, called intrinsic value, which is 180 Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 180 Life's market value can be influenced by many factors that don't directly affect 180 Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 180 Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if 180 Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 180 Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
180 Life 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to 180 Life's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of 180 Life.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 180 Life on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding 180 Life Sciences or generate 0.0% return on investment in 180 Life over 30 days. 180 Life is related to or competes with Zura Bio, Phio Pharmaceuticals, Sonnet Biotherapeutics, Cardio Diagnostics, Altamira Therapeutics, Immix Biopharma, and Enveric Biosciences. 1180 Life Sciences Corp., a clinical-stage biotechnology company, develops therapeutics for unmet medical needs in chron... More
180 Life Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure 180 Life's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess 180 Life Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.54 | |||
| Information Ratio | 0.0778 | |||
| Maximum Drawdown | 358.73 | |||
| Value At Risk | (11.29) | |||
| Potential Upside | 16.1 |
180 Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 180 Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 180 Life's standard deviation. In reality, there are many statistical measures that can use 180 Life historical prices to predict the future 180 Life's volatility.| Risk Adjusted Performance | 0.0719 | |||
| Jensen Alpha | 2.59 | |||
| Total Risk Alpha | (3.18) | |||
| Sortino Ratio | 0.3767 | |||
| Treynor Ratio | 0.5419 |
180 Life Sciences Backtested Returns
180 Life is very risky given 3 months investment horizon. 180 Life Sciences retains Efficiency (Sharpe Ratio) of 0.0842, which signifies that the company had a 0.0842% return per unit of price deviation over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.56% are justified by taking the suggested risk. Use 180 Life Sciences Coefficient Of Variation of 1235.87, standard deviation of 41.39, and Market Risk Adjusted Performance of 0.5519 to evaluate company specific risk that cannot be diversified away. 180 Life holds a performance score of 6 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 6.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 180 Life will likely underperform. Use 180 Life Sciences value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to analyze future returns on 180 Life Sciences.
Auto-correlation | 0.89 |
Very good predictability
180 Life Sciences has very good predictability. Overlapping area represents the amount of predictability between 180 Life time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 180 Life Sciences price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current 180 Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
180 Life Sciences lagged returns against current returns
Autocorrelation, which is 180 Life stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting 180 Life's stock expected returns. We can calculate the autocorrelation of 180 Life returns to help us make a trade decision. For example, suppose you find that 180 Life has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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180 Life regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If 180 Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 180 Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 180 Life stock over time.
Current vs Lagged Prices |
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180 Life Lagged Returns
When evaluating 180 Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 180 Life stock have on its future price. 180 Life autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, 180 Life autocorrelation shows the relationship between 180 Life stock current value and its past values and can show if there is a momentum factor associated with investing in 180 Life Sciences.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether 180 Life Sciences is a strong investment it is important to analyze 180 Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 180 Life's future performance. For an informed investment choice regarding 180 Stock, refer to the following important reports:Check out 180 Life Correlation, 180 Life Volatility and 180 Life Alpha and Beta module to complement your research on 180 Life. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
180 Life 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.