Ensysce Biosciences Stock Price on May 23, 2024
| ENSC Stock | USD 6.85 0.36 4.99% |
If you're considering investing in Ensysce Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ensysce Biosciences stands at 6.85, as last reported on the 11th of December 2024, with the highest price reaching 7.66 and the lowest price hitting 6.60 during the day. Ensysce Biosciences is dangerous given 3 months investment horizon. Ensysce Biosciences secures Sharpe Ratio (or Efficiency) of 0.0968, which denotes the company had a 0.0968% return per unit of risk over the last 3 months. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 2.29% are justified by taking the suggested risk. Use Ensysce Biosciences Downside Deviation of 10.03, mean deviation of 11.37, and Coefficient Of Variation of 1032.84 to evaluate company specific risk that cannot be diversified away.
Ensysce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ensysce |
Sharpe Ratio = 0.0968
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ENSC | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 23.69 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.29 actual daily | 45 55% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Ensysce Biosciences is performing at about 7% 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 Ensysce Biosciences by adding it to a well-diversified portfolio.
Ensysce Biosciences Valuation on May 23, 2024
It is possible to determine the worth of Ensysce Biosciences on a given historical date. On May 23, 2024 Ensysce was worth 9.26 at the beginning of the trading date compared to the closed value of 8.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ensysce Biosciences stock. Still, in general, we apply an absolute valuation method to find Ensysce Biosciences' 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 Ensysce Biosciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ensysce Biosciences' related companies.
| Open | High | Low | Close | Volume | |
| 10.34 | 10.35 | 9.45 | 9.55 | 7,163 | |
05/23/2024 | 9.26 | 9.70 | 8.40 | 8.83 | 15,481 |
| 9.00 | 9.15 | 7.95 | 8.55 | 7,425 |
| Backtest Ensysce Biosciences | | | Ensysce Biosciences History | | | Ensysce Biosciences Valuation | Previous | Next |
Ensysce Biosciences Trading Date Momentum on May 23, 2024
| On May 24 2024 Ensysce Biosciences was traded for 8.55 at the closing time. The top price for the day was 9.15 and the lowest listed price was 7.95 . The trading volume for the day was 7.4 K. The trading history from May 24, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.17% . The overall trading delta against the current closing price is 2.27% . |
Ensysce Biosciences Fundamentals Correlations and Trends
By evaluating Ensysce Biosciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ensysce Biosciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ensysce financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ensysce Biosciences Stock history
Ensysce 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 Ensysce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ensysce 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 Ensysce Biosciences stock prices may prove useful in developing a viable investing in Ensysce Biosciences
Ensysce Biosciences, Inc., a clinical-stage pharmaceutical company, engages in developing various prescription drugs for severe pain relief in opioid addiction, misuse, abuse, and overdose in the United States. It is also developing PF329, an extended-release prodrug of hydromorphone that is similar to PF614 PF8001 and PF8026 are extended and immediate-release prodrugs of amphetamine for ADHD medication abuse and PF26810, an extended-release prodrug of methadone for opioid use disorder. Ensysce Biosciences operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 6 people.
Ensysce Biosciences Stock Technical Analysis
Ensysce 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.
Price Boundaries
Ensysce Biosciences Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ensysce Biosciences 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.
Ensysce Biosciences December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ensysce Biosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ensysce Biosciences shares will generate the highest return on investment. By undertsting and applying Ensysce Biosciences stock market strength indicators, traders can identify Ensysce Biosciences entry and exit signals to maximize returns
Ensysce Biosciences Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ensysce Biosciences' price direction in advance. Along with the technical and fundamental analysis of Ensysce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ensysce 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 | 0.0796 | |||
| Jensen Alpha | 2.38 | |||
| Total Risk Alpha | (1.47) | |||
| Sortino Ratio | 0.2163 | |||
| Treynor Ratio | (2.66) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ensysce Stock analysis
When running Ensysce Biosciences' price analysis, check to measure Ensysce 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 Ensysce Biosciences is operating at the current time. Most of Ensysce Biosciences' value examination focuses on studying past and present price action to predict the probability of Ensysce Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ensysce Biosciences' price. Additionally, you may evaluate how the addition of Ensysce Biosciences to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |