Enanta Pharmaceuticals Stock Price on December 1, 2024
ENTA Stock | USD 8.60 0.23 2.60% |
If you're considering investing in Enanta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enanta Pharmaceuticals stands at 8.60, as last reported on the 1st of December, with the highest price reaching 9.11 and the lowest price hitting 8.52 during the day. Enanta Pharmaceuticals secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the company had a -0.21% return per unit of standard deviation over the last 3 months. Enanta Pharmaceuticals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enanta Pharmaceuticals' Coefficient Of Variation of (472.12), standard deviation of 2.66, and Mean Deviation of 2.2 to check the risk estimate we provide.
Enanta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Enanta |
Sharpe Ratio = -0.2118
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Estimated Market Risk
2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Enanta 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 Enanta Pharmaceuticals by adding Enanta Pharmaceuticals to a well-diversified portfolio.
Enanta Pharmaceuticals Valuation on December 1, 2024
It is possible to determine the worth of Enanta Pharmaceuticals on a given historical date. On December 1, 2024 Enanta was worth 8.92 at the beginning of the trading date compared to the closed value of 8.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enanta Pharmaceuticals stock. Still, in general, we apply an absolute valuation method to find Enanta 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 Enanta Pharmaceuticals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enanta Pharmaceuticals' related companies.
Open | High | Low | Close | Volume | |
8.92 | 9.11 | 8.52 | 8.60 | 225,002 | |
12/01/2024 | 8.92 | 9.11 | 8.52 | 8.60 | 0.00 |
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Enanta Pharmaceuticals Trading Date Momentum on December 1, 2024
On December 01 2024 Enanta Pharmaceuticals was traded for 8.60 at the closing time. The top price for the day was 9.11 and the lowest listed price was 8.52 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta against the current closing price is 3.72% . |
Enanta Pharmaceuticals Fundamentals Correlations and Trends
By evaluating Enanta 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 Enanta Pharmaceuticals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enanta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enanta Pharmaceuticals Stock history
Enanta 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 Enanta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enanta Pharmaceuticals 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 Enanta Pharmaceuticals stock prices may prove useful in developing a viable investing in Enanta Pharmaceuticals
Enanta Pharmaceuticals, Inc., a biotechnology company, discovers and develops small molecule drugs for the treatment of viral infections and liver diseases. Enanta Pharmaceuticals, Inc. was founded in 1995 and is headquartered in Watertown, Massachusetts. Enanta Pharmaceutica operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 155 people.
Enanta Pharmaceuticals Stock Technical Analysis
Enanta 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
Enanta Pharmaceuticals Period Price Range
Low | December 1, 2024
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0.00 | 0.00 |
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Enanta Pharmaceuticals December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Enanta 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 Enanta Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Enanta Pharmaceuticals stock market strength indicators, traders can identify Enanta Pharmaceuticals entry and exit signals to maximize returns
Enanta Pharmaceuticals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enanta Pharmaceuticals' price direction in advance. Along with the technical and fundamental analysis of Enanta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enanta 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 | (0.15) | |||
Jensen Alpha | (0.63) | |||
Total Risk Alpha | (1.02) | |||
Treynor Ratio | (1.24) |
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Complementary Tools for Enanta Stock analysis
When running Enanta Pharmaceuticals' price analysis, check to measure Enanta 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 Enanta Pharmaceuticals is operating at the current time. Most of Enanta Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Enanta Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enanta Pharmaceuticals' price. Additionally, you may evaluate how the addition of Enanta Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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