Acurx Pharmaceuticals Llc Stock Price on September 30, 2023
| ACXP Stock | USD 1.25 0.10 8.70% |
If you're considering investing in Acurx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Acurx Pharmaceuticals stands at 1.25, as last reported on the 29th of November, with the highest price reaching 1.25 and the lowest price hitting 1.00 during the day. Acurx Pharmaceuticals LLC secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Acurx Pharmaceuticals LLC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Acurx Pharmaceuticals' Risk Adjusted Performance of (0.17), standard deviation of 3.75, and Mean Deviation of 2.21 to double-check the risk estimate we provide.
At this time, Acurx Pharmaceuticals' Total Stockholder Equity is relatively stable compared to the past year. As of 11/29/2024, Liabilities And Stockholders Equity is likely to grow to about 7.9 M, while Other Stockholder Equity is likely to drop slightly above 45 M. . As of 11/29/2024, Price Earnings Ratio is likely to drop to -3.5. In addition to that, Price Book Value Ratio is likely to drop to 9.88. Acurx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Acurx |
Sharpe Ratio = -0.1852
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| Negative Returns | ACXP |
Estimated Market Risk
| 3.93 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.73 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Acurx Pharmaceuticals 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 Acurx Pharmaceuticals by adding Acurx Pharmaceuticals to a well-diversified portfolio.
Price Book 7.2605 | Book Value 0.323 | Enterprise Value 13.6 M | Enterprise Value Ebitda (3.54) | Shares Float 13.8 M |
Acurx Pharmaceuticals Valuation on September 30, 2023
It is possible to determine the worth of Acurx Pharmaceuticals on a given historical date. On September 30, 2023 Acurx was worth 1.48 at the beginning of the trading date compared to the closed value of 1.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Acurx Pharmaceuticals stock. Still, in general, we apply an absolute valuation method to find Acurx Pharmaceuticals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Acurx Pharmaceuticals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Acurx Pharmaceuticals' related companies.
| Open | High | Low | Close | Volume | |
| 1.42 | 1.50 | 1.42 | 1.48 | 26,400 | |
09/29/2023 | 1.48 | 1.52 | 1.34 | 1.50 | 39,100 |
| 1.57 | 1.63 | 1.17 | 1.41 | 9,683,700 |
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Acurx Pharmaceuticals Trading Date Momentum on September 30, 2023
| On October 02 2023 Acurx Pharmaceuticals LLC was traded for 1.41 at the closing time. The top price for the day was 1.63 and the lowest listed price was 1.17 . The trading volume for the day was 9.7 M. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 6.00% . The overall trading delta against the current closing price is 29.33% . |
Acurx Pharmaceuticals LLC Fundamentals Correlations and Trends
By evaluating Acurx Pharmaceuticals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Acurx Pharmaceuticals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Acurx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Acurx Pharmaceuticals Stock history
Acurx 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 Acurx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Acurx Pharmaceuticals LLC 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 Acurx Pharmaceuticals stock prices may prove useful in developing a viable investing in Acurx Pharmaceuticals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.7 M | 11.8 M | |
| Net Loss | -10.9 M | -11.4 M |
Acurx Pharmaceuticals Quarterly Net Working Capital |
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Acurx Pharmaceuticals Stock Technical Analysis
Acurx 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.
Price Boundaries
Acurx Pharmaceuticals Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Acurx Pharmaceuticals LLC cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Acurx Pharmaceuticals November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Acurx Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acurx Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Acurx Pharmaceuticals stock market strength indicators, traders can identify Acurx Pharmaceuticals LLC entry and exit signals to maximize returns
Acurx Pharmaceuticals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Acurx Pharmaceuticals' price direction in advance. Along with the technical and fundamental analysis of Acurx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Acurx 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 Performance | (0.17) | |||
| Jensen Alpha | (0.95) | |||
| Total Risk Alpha | (1.43) | |||
| Treynor Ratio | (1.14) |
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Additional Tools for Acurx Stock Analysis
When running Acurx Pharmaceuticals' price analysis, check to measure Acurx Pharmaceuticals' 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 Acurx Pharmaceuticals is operating at the current time. Most of Acurx Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Acurx Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acurx Pharmaceuticals' price. Additionally, you may evaluate how the addition of Acurx Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.