Erytech Pharma SA Price on May 8, 2023

ERYPDelisted Stock  USD 0.78  0.04  4.88%   
If you're considering investing in Erytech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Erytech Pharma stands at 0.78, as last reported on the 30th of November, with the highest price reaching 0.84 and the lowest price hitting 0.78 during the day. We have found twenty-four technical indicators for Erytech Pharma SA, which you can use to evaluate the volatility of the firm. Please confirm Erytech Pharma's Mean Deviation of 4.72, variance of 50.23, and Standard Deviation of 7.09 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Erytech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Erytech Pharma 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 Erytech Pharma by adding Erytech Pharma to a well-diversified portfolio.

Erytech Pharma Valuation on May 8, 2023

It is possible to determine the worth of Erytech Pharma on a given historical date. On May 8, 2023 Erytech was worth 0.81 at the beginning of the trading date compared to the closed value of 0.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Erytech Pharma stock. Still, in general, we apply an absolute valuation method to find Erytech Pharma's 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 Erytech Pharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Erytech Pharma's related companies.
 Open High Low Close Volume
  0.71    0.71    0.71    0.71    3,083  
05/08/2023
  0.81    0.90    0.80    0.80    13,554  
  1.10    1.19    0.77    0.94    6,922,174  
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Open Value
0.81
0.8
Closing Value
0.81
Upside

Erytech Pharma Trading Date Momentum on May 8, 2023

On May 09 2023 Erytech Pharma SA was traded for  0.94  at the closing time. The top price for the day was 1.19  and the lowest listed price was  0.77 . The trading volume for the day was 6.9 M. The trading history from May 9, 2023 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 17.50% . The overall trading delta against the current closing price is 25.00% .

Erytech Pharma SA Fundamentals Correlations and Trends

By evaluating Erytech Pharma's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Erytech Pharma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Erytech financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Erytech Pharma Stock history

Erytech Pharma 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 Erytech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Erytech Pharma SA 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 Erytech Pharma stock prices may prove useful in developing a viable investing in Erytech Pharma
ERYTECH Pharma S.A., a clinical-stage biopharmaceutical company, develops red blood cell-based therapeutics for cancer and orphan diseases in France and the United States. The company was incorporated in 2004 and is headquartered in Lyon, France. Erytech Pharma operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 149 people.

Erytech Pharma Stock Technical Analysis

Erytech Pharma 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, delisted stock market cycles, or different charting patterns.
A focus of Erytech Pharma technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Erytech Pharma 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...

Price Boundaries

Erytech Pharma Period Price Range

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Erytech Pharma SA 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.

Erytech Pharma November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Erytech Pharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erytech Pharma shares will generate the highest return on investment. By undertsting and applying Erytech Pharma stock market strength indicators, traders can identify Erytech Pharma SA entry and exit signals to maximize returns

Erytech Pharma Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Erytech Pharma's price direction in advance. Along with the technical and fundamental analysis of Erytech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Erytech 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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Consideration for investing in Erytech Stock

If you are still planning to invest in Erytech Pharma SA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Erytech Pharma's history and understand the potential risks before investing.
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