Mirum Pharmaceuticals Stock Price History

MIRM Stock  USD 44.73  1.25  2.87%   
Below is the normalized historical share price chart for Mirum Pharmaceuticals extending back to July 18, 2019. 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 Mirum Pharmaceuticals stands at 44.73, as last reported on the 24th of November, with the highest price reaching 44.93 and the lowest price hitting 43.19 during the day.
IPO Date
18th of July 2019
200 Day MA
33.6635
50 Day MA
40.293
Beta
1.162
 
Covid
If you're considering investing in Mirum Stock, it is important to understand the factors that can impact its price. As of now, Mirum Stock is very steady. Mirum Pharmaceuticals has Sharpe Ratio of 0.0358, which conveys that the firm had a 0.0358% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mirum Pharmaceuticals, which you can use to evaluate the volatility of the firm. Please verify Mirum Pharmaceuticals' Downside Deviation of 2.54, mean deviation of 1.81, and Risk Adjusted Performance of 0.0572 to check out if the risk estimate we provide is consistent with the expected return of 0.0874%.
  
At this time, Mirum Pharmaceuticals' Total Stockholder Equity is very stable compared to the past year. As of the 24th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 679 M, while Common Stock Shares Outstanding is likely to drop about 32.3 M. . At this time, Mirum Pharmaceuticals' Price Book Value Ratio is very stable compared to the past year. As of the 24th of November 2024, Price Earnings To Growth Ratio is likely to grow to 31.10, while Price Earnings Ratio is likely to drop (7.75). Mirum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0358

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskMIRMHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.44
  actual daily
21
79% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Mirum Pharmaceuticals is performing at about 2% 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 Mirum Pharmaceuticals by adding it to a well-diversified portfolio.
Price Book
9.2544
Enterprise Value Ebitda
(8.85)
Price Sales
6.9936
Shares Float
36.2 M
Wall Street Target Price
62.5455

Mirum Pharmaceuticals Stock Price History Chart

There are several ways to analyze Mirum Stock price data. The simplest method is using a basic Mirum candlestick price chart, which shows Mirum Pharmaceuticals price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 14, 202446.26
Lowest PriceOctober 9, 202437.85

Mirum Pharmaceuticals November 24, 2024 Stock Price Synopsis

Various analyses of Mirum Pharmaceuticals' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mirum Stock. It can be used to describe the percentage change in the price of Mirum Pharmaceuticals from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mirum Stock.
Mirum Pharmaceuticals Price Daily Balance Of Power 0.72 
Mirum Pharmaceuticals Price Action Indicator 1.29 
Mirum Pharmaceuticals Price Rate Of Daily Change 1.03 

Mirum Pharmaceuticals November 24, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Mirum Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Mirum Pharmaceuticals intraday prices and daily technical indicators to check the level of noise trading in Mirum Stock and then apply it to test your longer-term investment strategies against Mirum.

Mirum Stock Price History Data

The price series of Mirum Pharmaceuticals for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 has a statistical range of 8.41 with a coefficient of variation of 4.58. The daily prices for the period are spread out with arithmetic mean of 40.7. The median price for the last 90 days is 40.42.
OpenHighLowCloseVolume
11/24/2024
 43.46  44.93  43.19  44.73 
11/22/2024 43.46  44.93  43.19  44.73  314,189 
11/21/2024 43.92  44.12  42.27  43.48  351,968 
11/20/2024 42.11  44.12  41.40  43.69  450,893 
11/19/2024 41.52  42.87  41.05  42.09  389,599 
11/18/2024 44.17  44.39  40.80  41.42  595,761 
11/15/2024 46.41  46.80  43.75  44.50  605,104 
11/14/2024 44.05  48.89  43.92  46.26  862,779 
11/13/2024 43.15  44.64  42.48  43.92  622,288 
11/12/2024 44.00  45.81  41.09  42.28  717,971 
11/11/2024 42.25  42.49  41.46  41.61  287,869 
11/08/2024 41.13  42.58  41.13  42.00  367,686 
11/07/2024 40.89  41.47  40.61  41.08  241,777 
11/06/2024 42.75  42.75  40.99  41.09  438,220 
11/05/2024 39.69  41.00  38.16  40.72  271,737 
11/04/2024 40.41  41.15  40.01  40.45  356,790 
11/01/2024 38.91  40.98  38.74  40.40  357,420 
10/31/2024 39.17  39.47  38.30  38.46  246,799 
10/30/2024 38.96  40.24  38.57  39.18  306,192 
10/29/2024 39.36  39.99  38.67  39.06  203,733 
10/28/2024 39.32  40.13  39.12  39.54  203,126 
10/25/2024 39.55  40.18  38.71  38.89  195,510 
10/24/2024 38.52  39.57  38.16  39.36  277,204 
10/23/2024 39.50  39.70  38.15  38.42  213,910 
10/22/2024 39.32  40.07  39.13  39.68  145,175 
10/21/2024 39.26  39.49  38.30  39.35  213,722 
10/18/2024 39.48  40.34  39.17  39.46  644,701 
10/17/2024 39.64  39.90  38.87  39.32  405,696 
10/16/2024 40.08  40.57  39.66  39.78  235,555 
10/15/2024 39.57  40.12  39.22  39.71  136,339 
10/14/2024 39.93  40.31  39.60  39.77  114,599 
10/11/2024 38.48  40.49  38.48  40.11  483,414 
10/10/2024 37.79  38.61  37.53  38.48  352,062 
10/09/2024 38.98  38.98  37.51  37.85  220,956 
10/08/2024 38.89  39.84  38.86  38.91  220,654 
10/07/2024 39.27  39.50  37.65  38.75  283,743 
10/04/2024 39.97  40.36  39.17  39.26  278,536 
10/03/2024 40.89  41.31  39.38  39.61  240,282 
10/02/2024 40.11  42.79  39.71  41.49  524,661 
10/01/2024 38.93  40.55  38.04  40.12  785,237 
09/30/2024 38.56  39.37  38.16  39.00  368,635 
09/27/2024 38.94  39.44  38.31  38.85  192,820 
09/26/2024 39.19  39.30  38.40  38.70  246,226 
09/25/2024 39.05  39.62  38.75  38.99  242,808 
09/24/2024 39.03  39.66  38.57  38.98  639,409 
09/23/2024 39.11  39.51  38.19  38.93  357,763 
09/20/2024 39.46  39.65  38.60  38.96  929,634 
09/19/2024 38.57  40.17  38.31  39.35  339,438 
09/18/2024 40.33  40.46  36.86  37.90  1,497,985 
09/17/2024 40.74  41.06  40.15  40.29  305,064 
09/16/2024 41.15  41.43  40.23  40.42  342,588 
09/13/2024 41.29  41.77  40.90  41.12  312,121 
09/12/2024 41.86  42.24  41.00  41.13  203,696 
09/11/2024 41.95  42.49  41.25  41.91  237,175 
09/10/2024 41.11  41.88  40.78  41.77  223,857 
09/09/2024 41.18  42.22  40.82  41.03  376,413 
09/06/2024 41.78  42.40  40.83  41.12  295,349 
09/05/2024 41.82  41.99  40.92  41.65  232,978 
09/04/2024 41.21  42.33  40.09  41.80  368,459 
09/03/2024 43.00  43.66  41.17  41.31  329,175 
08/30/2024 42.18  43.37  42.00  43.11  331,405 

About Mirum Pharmaceuticals Stock history

Mirum Pharmaceuticals 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 Mirum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mirum Pharmaceuticals 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 Mirum Pharmaceuticals stock prices may prove useful in developing a viable investing in Mirum Pharmaceuticals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding40.9 M32.3 M
Net Loss-122.1 M-128.2 M

Mirum Pharmaceuticals Quarterly Net Working Capital

270.88 Million

Mirum Pharmaceuticals Stock Technical Analysis

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

Did you try this?

Run Insider Screener Now

   

Insider Screener

Find insiders across different sectors to evaluate their impact on performance
All  Next Launch Module

Mirum Pharmaceuticals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mirum Pharmaceuticals' price direction in advance. Along with the technical and fundamental analysis of Mirum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mirum 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.
When determining whether Mirum Pharmaceuticals is a strong investment it is important to analyze Mirum Pharmaceuticals' 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 Mirum Pharmaceuticals' future performance. For an informed investment choice regarding Mirum Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirum Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Mirum Stock, please use our How to Invest in Mirum Pharmaceuticals guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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 Mirum Pharmaceuticals. If investors know Mirum 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 Mirum Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.08)
Revenue Per Share
6.513
Quarterly Revenue Growth
0.894
Return On Assets
(0.09)
Return On Equity
(0.40)
The market value of Mirum Pharmaceuticals is measured differently than its book value, which is the value of Mirum that is recorded on the company's balance sheet. Investors also form their own opinion of Mirum Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Mirum Pharmaceuticals' 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 Mirum Pharmaceuticals' market value can be influenced by many factors that don't directly affect Mirum Pharmaceuticals' 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 Mirum Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mirum Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mirum Pharmaceuticals' 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.