Bright Minds Biosciences Stock Price History

DRUG Stock  USD 44.00  4.82  12.30%   
If you're considering investing in Bright Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bright Minds stands at 44.00, as last reported on the 30th of November, with the highest price reaching 45.39 and the lowest price hitting 39.24 during the day. Bright Minds is out of control given 3 months investment horizon. Bright Minds Biosciences secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 19.02% are justified by taking the suggested risk. Use Bright Minds Risk Adjusted Performance of 0.1163, downside deviation of 8.29, and Mean Deviation of 49.07 to evaluate company specific risk that cannot be diversified away.
  
At this time, Bright Minds' Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Bright Minds' current Liabilities And Stockholders Equity is estimated to increase to about 8.8 M, while Common Stock Shares Outstanding is projected to decrease to roughly 2.3 M. . The Bright Minds' current Price Earnings To Growth Ratio is estimated to increase to 0.02, while Price Earnings Ratio is projected to decrease to (1.02). Bright Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1489

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Estimated Market Risk

 127.69
  actual daily
96
96% of assets are less volatile

Expected Return

 5.01
  actual daily
96
96% of assets have lower returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Bright Minds is performing at about 11% 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 Bright Minds by adding it to a well-diversified portfolio.
Price Book
62.9707
Book Value
1.366
Enterprise Value
263.9 M
Enterprise Value Ebitda
(0.07)
Shares Float
631.1 K

Bright Minds Stock Price History Chart

There are several ways to analyze Bright Stock price data. The simplest method is using a basic Bright candlestick price chart, which shows Bright Minds 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 6, 202455.77
Lowest PriceOctober 9, 20241.05

Bright Minds November 30, 2024 Stock Price Synopsis

Various analyses of Bright Minds' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Bright Stock. It can be used to describe the percentage change in the price of Bright Minds from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Bright Stock.
Bright Minds Accumulation Distribution 28,562 
Bright Minds Price Daily Balance Of Power 0.78 
Bright Minds Price Rate Of Daily Change 1.12 
Bright Minds Price Action Indicator 4.09 

Bright Minds November 30, 2024 Stock Price Analysis

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

Bright Stock Price History Data

The price series of Bright Minds for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 has a statistical range of 54.73 with a coefficient of variation of 98.12. Under current investment horizon, the daily prices are spread out with arithmetic mean of 21.96. The median price for the last 90 days is 21.7. The company completed 1:5 stock split on 14th of July 2023.
OpenHighLowCloseVolume
11/29/2024 39.69  45.39  39.24  44.00  210,799 
11/27/2024 39.00  40.69  37.70  39.18  183,942 
11/26/2024 43.75  43.87  37.62  38.11  428,471 
11/25/2024 35.70  39.42  35.37  38.59  191,662 
11/22/2024 31.41  36.72  31.35  35.33  241,593 
11/21/2024 32.85  33.33  30.67  32.38  316,978 
11/20/2024 36.50  37.91  32.40  32.67  88,899 
11/19/2024 36.78  40.00  35.26  37.07  116,533 
11/18/2024 39.30  40.30  36.00  36.43  141,101 
11/15/2024 42.00  43.29  39.59  39.61  107,955 
11/14/2024 40.44  44.70  39.90  42.95  216,661 
11/13/2024 38.46  44.10  38.46  42.17  207,685 
11/12/2024 43.42  44.75  36.02  39.68  315,669 
11/11/2024 45.56  47.50  41.64  44.11  231,940 
11/08/2024 48.75  50.74  44.25  46.62  301,833 
11/07/2024 55.42  55.59  47.73  48.52  348,763 
11/06/2024 57.00  58.00  53.23  55.77  335,212 
11/05/2024 50.50  58.00  50.50  54.08  548,004 
11/04/2024 48.18  54.80  46.25  50.59  801,616 
11/01/2024 47.00  49.43  46.01  48.18  267,649 
10/31/2024 46.75  50.25  45.50  46.80  399,501 
10/30/2024 42.21  50.00  40.94  47.39  824,146 
10/29/2024 47.00  50.77  45.00  45.02  452,207 
10/28/2024 48.25  52.50  46.67  47.64  771,524 
10/25/2024 50.90  52.75  45.66  48.94  944,827 
10/24/2024 45.51  53.07  45.51  49.50  1,162,817 
10/23/2024 42.02  54.93  42.02  47.00  1,833,603 
10/22/2024 42.50  50.00  41.43  47.18  2,261,575 
10/21/2024 57.65  62.99  44.72  48.02  8,983,883 
10/18/2024 34.60  79.02  34.00  47.21  27,137,951 
10/17/2024 24.51  26.00  21.10  21.70  2,669,065 
10/16/2024 27.63  36.00  21.50  28.80  13,532,146 
10/15/2024 2.62  38.49  2.47  38.49  102,522,770 
10/14/2024 1.11  2.66  1.11  2.49  21,478,102 
10/11/2024 1.06  1.08  1.04  1.08  12,490 
10/10/2024 1.06  1.11  1.05  1.07  4,309 
10/09/2024 1.18  1.18  0.94  1.05  42,703 
10/08/2024 1.15  1.20  1.08  1.08  5,525 
10/07/2024 1.15  1.15  1.10  1.13  4,205 
10/04/2024 1.11  1.16  1.11  1.16  1,845 
10/03/2024 1.09  1.20  1.07  1.09  40,529 
10/02/2024 1.21  1.21  1.08  1.12  5,096 
10/01/2024 1.17  1.21  1.10  1.10  8,174 
09/30/2024 1.24  1.24  1.17  1.17  2,777 
09/27/2024 1.21  1.24  1.20  1.22  3,350 
09/26/2024 1.17  1.25  1.17  1.20  5,140 
09/25/2024 1.23  1.25  1.18  1.18  3,647 
09/24/2024 1.19  1.24  1.18  1.20  1,662 
09/23/2024 1.24  1.24  1.18  1.19  10,162 
09/20/2024 1.24  1.25  1.24  1.25  2,238 
09/19/2024 1.30  1.30  1.15  1.24  43,069 
09/18/2024 1.31  1.31  1.25  1.25  7,719 
09/17/2024 1.27  1.34  1.22  1.29  26,630 
09/16/2024 1.23  1.30  1.18  1.24  29,702 
09/13/2024 1.20  1.40  1.20  1.27  10,961 
09/12/2024 1.23  1.27  1.15  1.25  75,121 
09/11/2024 1.23  1.24  1.16  1.20  12,361 
09/10/2024 1.30  1.40  1.18  1.24  48,563 
09/09/2024 1.14  1.34  1.14  1.20  60,232 
09/06/2024 1.19  1.20  1.10  1.14  19,104 
09/05/2024 1.09  1.19  1.07  1.19  43,886 

About Bright Minds Stock history

Bright Minds 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 Bright is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bright Minds 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 Bright Minds stock prices may prove useful in developing a viable investing in Bright Minds
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.3 M2.3 M
Net Loss-13.5 M-12.8 M

Bright Minds Quarterly Net Working Capital

6.09 Million

Bright Minds Stock Technical Analysis

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

Predictive indicators are helping investors to find signals for Bright Minds' price direction in advance. Along with the technical and fundamental analysis of Bright Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bright 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.

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