Cyclerion Therapeutics Stock Price on August 5, 2024
| CYCN Stock | USD 2.20 0.04 1.85% |
If you're considering investing in Cyclerion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cyclerion Therapeutics stands at 2.20, as last reported on the 2nd of December, with the highest price reaching 2.33 and the lowest price hitting 2.03 during the day. Cyclerion Therapeutics appears to be abnormally volatile, given 3 months investment horizon. Cyclerion Therapeutics secures Sharpe Ratio (or Efficiency) of 0.0195, which signifies that the company had a 0.0195% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Cyclerion Therapeutics, which you can use to evaluate the volatility of the firm. Please makes use of Cyclerion Therapeutics' mean deviation of 6.71, and Risk Adjusted Performance of 0.0243 to double-check if our risk estimates are consistent with your expectations.
Cyclerion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cyclerion |
Sharpe Ratio = 0.0195
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Estimated Market Risk
| 12.24 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Cyclerion Therapeutics is performing at about 1% 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 Cyclerion Therapeutics by adding it to a well-diversified portfolio.
Cyclerion Therapeutics Valuation on August 5, 2024
It is possible to determine the worth of Cyclerion Therapeutics on a given historical date. On August 5, 2024 Cyclerion was worth 3.66 at the beginning of the trading date compared to the closed value of 3.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cyclerion Therapeutics stock. Still, in general, we apply an absolute valuation method to find Cyclerion Therapeutics' 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 Cyclerion Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cyclerion Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 3.65 | 3.87 | 3.60 | 3.87 | 3,382 | |
08/05/2024 | 3.66 | 3.69 | 3.11 | 3.30 | 9,286 |
| 3.20 | 3.25 | 2.94 | 3.05 | 3,176 |
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Cyclerion Therapeutics Trading Date Momentum on August 5, 2024
| On August 06 2024 Cyclerion Therapeutics was traded for 3.05 at the closing time. The top price for the day was 3.25 and the lowest listed price was 2.94 . The trading volume for the day was 3.2 K. The trading history from August 6, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 7.58% . The overall trading delta against the current closing price is 12.42% . |
Cyclerion Therapeutics Fundamentals Correlations and Trends
By evaluating Cyclerion Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cyclerion Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cyclerion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cyclerion Therapeutics Stock history
Cyclerion Therapeutics 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 Cyclerion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cyclerion Therapeutics 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 Cyclerion Therapeutics stock prices may prove useful in developing a viable investing in Cyclerion Therapeutics
Cyclerion Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the discovering, development, and commercialization of medicines for serious central nervous system diseases. The company was incorporated in 2018 and is headquartered in Cambridge, Massachusetts. Cyclerion Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 32 people.
Cyclerion Therapeutics Stock Technical Analysis
Cyclerion Therapeutics 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
Cyclerion Therapeutics Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Cyclerion Therapeutics 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.
Cyclerion Therapeutics December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Cyclerion Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cyclerion Therapeutics shares will generate the highest return on investment. By undertsting and applying Cyclerion Therapeutics stock market strength indicators, traders can identify Cyclerion Therapeutics entry and exit signals to maximize returns
Cyclerion Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cyclerion Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Cyclerion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cyclerion 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 | 0.0243 | |||
| Jensen Alpha | 0.5631 | |||
| Total Risk Alpha | (1.81) | |||
| Sortino Ratio | 0.0105 | |||
| Treynor Ratio | (0.09) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cyclerion Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Cyclerion Stock, please use our How to Invest in Cyclerion Therapeutics guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Pharmaceutical Products 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 Cyclerion Therapeutics. If investors know Cyclerion 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 Cyclerion Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cyclerion Therapeutics is measured differently than its book value, which is the value of Cyclerion that is recorded on the company's balance sheet. Investors also form their own opinion of Cyclerion Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Cyclerion Therapeutics' 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 Cyclerion Therapeutics' market value can be influenced by many factors that don't directly affect Cyclerion Therapeutics' 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 Cyclerion Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cyclerion Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cyclerion Therapeutics' 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.