Spruce Biosciences Stock Price History

Stocks . USA . 
Stock . Spruce Biosciences
SPRB Stock  USD 0.55  0.02  3.77%   
If you're considering investing in Spruce Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spruce Biosciences stands at 0.55, as last reported on the 27th of November, with the highest price reaching 0.57 and the lowest price hitting 0.52 during the day. Spruce Biosciences appears to be risky, given 3 months investment horizon. Spruce Biosciences owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.084, which indicates the firm had a 0.084% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Spruce Biosciences, which you can use to evaluate the volatility of the company. Please review Spruce Biosciences' Semi Deviation of 2.36, coefficient of variation of 1906.75, and Risk Adjusted Performance of 0.0477 to confirm if our risk estimates are consistent with your expectations.
  
At present, Spruce Biosciences' Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 62.6 M, whereas Total Stockholder Equity is forecasted to decline to about 65.5 M. . At present, Spruce Biosciences' Price Book Value Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.07, whereas Price To Sales Ratio is forecasted to decline to 8.94. Spruce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.084

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Estimated Market Risk

 3.25
  actual daily
28
72% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Spruce Biosciences is performing at about 6% 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 Spruce Biosciences by adding it to a well-diversified portfolio.
Price Book
0.4238
Enterprise Value Ebitda
(0.23)
Price Sales
3.0816
Shares Float
24.9 M
Wall Street Target Price
2.3333

Spruce Biosciences Stock Price History Chart

There are several ways to analyze Spruce Stock price data. The simplest method is using a basic Spruce candlestick price chart, which shows Spruce Biosciences 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 PriceOctober 24, 20240.59
Lowest PriceSeptember 23, 20240.43

Spruce Biosciences November 27, 2024 Stock Price Synopsis

Various analyses of Spruce Biosciences' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Spruce Stock. It can be used to describe the percentage change in the price of Spruce Biosciences from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Spruce Stock.
Spruce Biosciences Price Rate Of Daily Change 1.04 
Spruce Biosciences Price Daily Balance Of Power 0.40 
Spruce Biosciences Price Action Indicator 0.02 
Spruce Biosciences Accumulation Distribution 60,078 

Spruce Biosciences November 27, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Spruce 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 Spruce Biosciences intraday prices and daily technical indicators to check the level of noise trading in Spruce Stock and then apply it to test your longer-term investment strategies against Spruce.

Spruce Stock Price History Data

The price series of Spruce Biosciences for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 has a statistical range of 0.16 with a coefficient of variation of 9.3. The price distribution for the period has arithmetic mean of 0.49. The median price for the last 90 days is 0.47.
OpenHighLowCloseVolume
11/27/2024 0.53  0.57  0.52  0.55  684,887 
11/26/2024 0.51  0.53  0.51  0.53  179,183 
11/25/2024 0.50  0.53  0.49  0.51  481,034 
11/22/2024 0.48  0.52  0.48  0.48  190,532 
11/21/2024 0.48  0.50  0.48  0.49  188,357 
11/20/2024 0.49  0.51  0.48  0.49  172,650 
11/19/2024 0.47  0.50  0.47  0.49  180,434 
11/18/2024 0.49  0.51  0.47  0.47  335,381 
11/15/2024 0.52  0.52  0.49  0.49  312,177 
11/14/2024 0.51  0.53  0.50  0.52  281,773 
11/13/2024 0.53  0.53  0.51  0.51  203,326 
11/12/2024 0.52  0.54  0.51  0.53  171,307 
11/11/2024 0.54  0.56  0.50  0.53  512,994 
11/08/2024 0.56  0.56  0.52  0.54  320,264 
11/07/2024 0.55  0.56  0.54  0.55  327,478 
11/06/2024 0.53  0.55  0.53  0.54  326,012 
11/05/2024 0.54  0.55  0.52  0.54  76,461 
11/04/2024 0.54  0.55  0.53  0.54  77,207 
11/01/2024 0.53  0.56  0.53  0.55  325,144 
10/31/2024 0.55  0.55  0.50  0.53  595,809 
10/30/2024 0.58  0.59  0.56  0.56  291,088 
10/29/2024 0.58  0.60  0.58  0.59  530,738 
10/28/2024 0.59  0.60  0.57  0.59  735,056 
10/25/2024 0.58  0.60  0.55  0.57  515,425 
10/24/2024 0.53  0.61  0.53  0.59  1,007,949 
10/23/2024 0.55  0.55  0.54  0.55  357,738 
10/22/2024 0.55  0.57  0.53  0.56  562,720 
10/21/2024 0.53  0.57  0.51  0.55  462,108 
10/18/2024 0.50  0.52  0.49  0.52  337,279 
10/17/2024 0.53  0.53  0.50  0.51  266,366 
10/16/2024 0.46  0.54  0.46  0.52  1,390,887 
10/15/2024 0.45  0.48  0.45  0.47  356,962 
10/14/2024 0.45  0.47  0.43  0.46  270,881 
10/11/2024 0.44  0.45  0.44  0.44  348,875 
10/10/2024 0.43  0.45  0.43  0.44  494,981 
10/09/2024 0.45  0.45  0.43  0.43  643,409 
10/08/2024 0.45  0.45  0.45  0.45  367,715 
10/07/2024 0.45  0.45  0.44  0.45  171,260 
10/04/2024 0.44  0.46  0.44  0.46  163,404 
10/03/2024 0.45  0.46  0.43  0.44  413,491 
10/02/2024 0.47  0.47  0.45  0.45  565,247 
10/01/2024 0.48  0.48  0.46  0.46  472,642 
09/30/2024 0.45  0.48  0.44  0.47  1,594,060 
09/27/2024 0.44  0.45  0.44  0.44  382,035 
09/26/2024 0.43  0.44  0.43  0.44  346,015 
09/25/2024 0.44  0.45  0.43  0.43  243,299 
09/24/2024 0.43  0.45  0.43  0.44  264,448 
09/23/2024 0.43  0.45  0.42  0.43  719,765 
09/20/2024 0.46  0.46  0.44  0.44  874,236 
09/19/2024 0.45  0.46  0.44  0.45  838,497 
09/18/2024 0.45  0.46  0.43  0.45  632,227 
09/17/2024 0.46  0.47  0.45  0.45  334,807 
09/16/2024 0.47  0.47  0.46  0.46  181,567 
09/13/2024 0.47  0.47  0.45  0.47  239,309 
09/12/2024 0.47  0.47  0.45  0.46  237,783 
09/11/2024 0.46  0.48  0.45  0.47  194,998 
09/10/2024 0.46  0.47  0.45  0.46  242,241 
09/09/2024 0.44  0.47  0.44  0.46  238,849 
09/06/2024 0.46  0.46  0.43  0.45  432,522 
09/05/2024 0.46  0.47  0.46  0.46  83,051 
09/04/2024 0.45  0.46  0.45  0.46  174,611 

About Spruce Biosciences Stock history

Spruce Biosciences 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 Spruce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spruce Biosciences 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 Spruce Biosciences stock prices may prove useful in developing a viable investing in Spruce Biosciences
Last ReportedProjected for Next Year
Common Stock Shares Outstanding38.5 M24.9 M
Net Loss-41.6 M-43.6 M

Spruce Biosciences Quarterly Net Working Capital

59.63 Million

Spruce Biosciences Stock Technical Analysis

Spruce Biosciences 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.
Overlap Analysis
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Forecast Models
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Price Shifting
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Volatility Indicators
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Value Movement
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A focus of Spruce Biosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Spruce Biosciences 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...

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Spruce Biosciences Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Spruce Biosciences' price direction in advance. Along with the technical and fundamental analysis of Spruce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spruce 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 Performance0.0477
Jensen Alpha0.0519
Total Risk Alpha(0.35)
Sortino Ratio0.0131
Treynor Ratio0.1783
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators

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