Artelo Biosciences Stock Price History

ARTL Stock  USD 1.05  0.02  1.94%   
Below is the normalized historical share price chart for Artelo Biosciences extending back to November 14, 2017. 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 Artelo Biosciences stands at 1.05, as last reported on the 29th of November, with the highest price reaching 1.12 and the lowest price hitting 1.02 during the day.
IPO Date
14th of November 2017
200 Day MA
1.3221
50 Day MA
1.1383
Beta
1.35
 
Covid
If you're considering investing in Artelo Stock, it is important to understand the factors that can impact its price. Artelo Biosciences secures Sharpe Ratio (or Efficiency) of -0.0369, which signifies that the company had a -0.0369% return per unit of risk over the last 3 months. Artelo Biosciences exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Artelo Biosciences' Standard Deviation of 5.03, risk adjusted performance of (0.03), and Mean Deviation of 3.53 to double-check the risk estimate we provide.
  
At this time, Artelo Biosciences' Total Stockholder Equity is quite stable compared to the past year. Common Stock Total Equity is expected to rise to 6,281 this year, although the value of Capital Stock will most likely fall to 2,565. . The value of Price Earnings Ratio is estimated to slide to -0.78. The value of Price Book Value Ratio is estimated to slide to 0.46. Artelo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0369

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Estimated Market Risk

 5.06
  actual daily
45
55% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Artelo Biosciences is not performing at its full potential. However, 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 Artelo Biosciences by adding Artelo Biosciences to a well-diversified portfolio.
Price Book
0.5226
Book Value
3.685
Enterprise Value
-1.4 M
Enterprise Value Ebitda
1.215
Shares Float
3.2 M

Artelo Biosciences Stock Price History Chart

There are several ways to analyze Artelo Stock price data. The simplest method is using a basic Artelo candlestick price chart, which shows Artelo 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 16, 20241.29
Lowest PriceNovember 27, 20241.03

Artelo Biosciences November 29, 2024 Stock Price Synopsis

Various analyses of Artelo Biosciences' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Artelo Stock. It can be used to describe the percentage change in the price of Artelo 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 Artelo Stock.
Artelo Biosciences Price Daily Balance Of Power 0.20 
Artelo Biosciences Price Action Indicator(0.01)
Artelo Biosciences Price Rate Of Daily Change 1.02 

Artelo Biosciences November 29, 2024 Stock Price Analysis

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

Artelo Stock Price History Data

The price series of Artelo Biosciences for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 0.28 with a coefficient of variation of 5.84. The prices are distributed with arithmetic mean of 1.16. The median price for the last 90 days is 1.15. The company had 1:15 stock split on 10th of August 2022. Artelo Biosciences issued dividends on 2019-06-21.
OpenHighLowCloseVolume
11/29/2024
 1.03  1.12  1.02  1.05 
11/29/2024
 1.03  1.12  1.02  1.05 
11/27/2024 1.07  1.12  1.02  1.03  51,062 
11/26/2024 1.11  1.12  1.10  1.10  8,333 
11/25/2024 1.10  1.13  1.06  1.11  24,039 
11/22/2024 1.15  1.15  1.11  1.11  15,470 
11/21/2024 1.15  1.17  1.13  1.13  18,578 
11/20/2024 1.12  1.18  1.12  1.15  21,891 
11/19/2024 1.20  1.20  1.08  1.11  40,606 
11/18/2024 1.04  1.32  1.04  1.22  223,422 
11/15/2024 1.09  1.11  1.02  1.04  6,131 
11/14/2024 1.10  1.10  1.04  1.08  14,895 
11/13/2024 1.13  1.17  1.05  1.10  39,456 
11/12/2024 1.22  1.22  1.12  1.17  12,508 
11/11/2024 1.11  1.24  1.11  1.24  7,057 
11/08/2024 1.21  1.25  1.15  1.15  32,486 
11/07/2024 1.21  1.26  1.15  1.21  24,568 
11/06/2024 1.24  1.27  1.19  1.22  22,470 
11/05/2024 1.20  1.28  1.15  1.25  83,751 
11/04/2024 1.14  1.14  1.10  1.14  8,548 
11/01/2024 1.16  1.17  1.13  1.15  6,994 
10/31/2024 1.18  1.23  1.15  1.15  17,885 
10/30/2024 1.17  1.19  1.14  1.18  9,800 
10/29/2024 1.15  1.23  1.15  1.15  8,706 
10/28/2024 1.20  1.21  1.14  1.14  8,394 
10/25/2024 1.16  1.18  1.15  1.17  1,928 
10/24/2024 1.19  1.20  1.15  1.16  13,613 
10/23/2024 1.22  1.25  1.21  1.21  4,610 
10/22/2024 1.25  1.25  1.20  1.22  4,949 
10/21/2024 1.20  1.24  1.20  1.24  4,580 
10/18/2024 1.21  1.21  1.15  1.15  3,158 
10/17/2024 1.27  1.27  1.19  1.19  16,482 
10/16/2024 1.12  1.30  1.10  1.29  125,736 
10/15/2024 1.12  1.12  1.10  1.10  6,181 
10/14/2024 1.12  1.13  1.07  1.08  11,608 
10/11/2024 1.10  1.12  1.10  1.11  8,101 
10/10/2024 1.10  1.10  1.08  1.09  2,004 
10/09/2024 1.08  1.15  1.08  1.12  8,024 
10/08/2024 1.13  1.13  1.10  1.12  6,214 
10/07/2024 1.14  1.16  1.12  1.12  10,479 
10/04/2024 1.11  1.12  1.10  1.12  1,696 
10/03/2024 1.10  1.12  1.10  1.12  3,121 
10/02/2024 1.09  1.12  1.09  1.10  2,130 
10/01/2024 1.09  1.16  1.09  1.10  3,680 
09/30/2024 1.15  1.15  1.08  1.12  7,101 
09/27/2024 1.09  1.13  1.09  1.09  2,522 
09/26/2024 1.12  1.15  1.07  1.08  11,102 
09/25/2024 1.09  1.14  1.09  1.09  2,568 
09/24/2024 1.16  1.16  1.11  1.13  4,863 
09/23/2024 1.08  1.17  1.08  1.09  9,447 
09/20/2024 1.13  1.15  1.06  1.06  13,053 
09/19/2024 1.11  1.13  1.09  1.13  14,282 
09/18/2024 1.17  1.20  1.10  1.10  11,686 
09/17/2024 1.21  1.23  1.16  1.20  3,338 
09/16/2024 1.17  1.22  1.15  1.22  4,925 
09/13/2024 1.21  1.23  1.18  1.18  1,402 
09/12/2024 1.15  1.20  1.15  1.16  1,316 
09/11/2024 1.13  1.19  1.13  1.19  8,154 
09/10/2024 1.18  1.25  1.00  1.13  12,941 
09/09/2024 1.20  1.26  1.18  1.26  6,971 
09/06/2024 1.23  1.23  1.20  1.20  1,830 

About Artelo Biosciences Stock history

Artelo 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 Artelo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Artelo 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 Artelo Biosciences stock prices may prove useful in developing a viable investing in Artelo Biosciences
Last ReportedProjected for Next Year
Common Stock Shares Outstanding3.2 M3.3 M
Net Loss-6.7 M-6.4 M

Artelo Biosciences Quarterly Net Working Capital

4.29 Million

Artelo Biosciences Stock Technical Analysis

Artelo 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.
A focus of Artelo Biosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Artelo 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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Artelo Biosciences Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Artelo Biosciences' price direction in advance. Along with the technical and fundamental analysis of Artelo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Artelo 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 Artelo Biosciences is a strong investment it is important to analyze Artelo Biosciences' 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 Artelo Biosciences' future performance. For an informed investment choice regarding Artelo Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artelo Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Artelo Stock please use our How to buy in Artelo Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Pharmaceuticals 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 Artelo Biosciences. If investors know Artelo 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 Artelo Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.87)
Return On Assets
(0.54)
Return On Equity
(0.89)
The market value of Artelo Biosciences is measured differently than its book value, which is the value of Artelo that is recorded on the company's balance sheet. Investors also form their own opinion of Artelo Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Artelo Biosciences' 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 Artelo Biosciences' market value can be influenced by many factors that don't directly affect Artelo Biosciences' 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 Artelo Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Artelo Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Artelo Biosciences' 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.