Gossamer Bio Stock Price on March 15, 2024

GOSS Stock  USD 0.70  0.04  6.06%   
Below is the normalized historical share price chart for Gossamer Bio extending back to February 08, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gossamer Bio stands at 0.70, as last reported on the 29th of November, with the highest price reaching 0.73 and the lowest price hitting 0.69 during the day.
IPO Date
8th of February 2019
200 Day MA
0.9317
50 Day MA
0.8992
Beta
1.96
 
Covid
If you're considering investing in Gossamer Stock, it is important to understand the factors that can impact its price. Gossamer Bio holds Efficiency (Sharpe) Ratio of -0.085, which attests that the entity had a -0.085% return per unit of risk over the last 3 months. Gossamer Bio exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gossamer Bio's Risk Adjusted Performance of (0.07), market risk adjusted performance of (0.67), and Standard Deviation of 3.37 to validate the risk estimate we provide.
  
At this time, Gossamer Bio's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 160.3 M in 2024, whereas Sale Purchase Of Stock is likely to drop slightly above 421.8 K in 2024. . At this time, Gossamer Bio's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.01 in 2024, despite the fact that Price To Operating Cash Flows Ratio is likely to grow to (0.83). Gossamer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.085

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsGOSS

Estimated Market Risk

 3.4
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gossamer Bio 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 Gossamer Bio by adding Gossamer Bio to a well-diversified portfolio.
Price Book
2.9372
Enterprise Value Ebitda
(0.39)
Price Sales
1.5097
Shares Float
188 M
Wall Street Target Price
6.7188

Related Headline

Stoke Therapeutics Headline on 15th of March 2024

Filed transaction by Stoke Therapeutics Officer: General Counsel & Corp Sec. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Gossamer Bio Valuation on March 15, 2024

It is possible to determine the worth of Gossamer Bio on a given historical date. On March 15, 2024 Gossamer was worth 1.42 at the beginning of the trading date compared to the closed value of 1.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gossamer Bio stock. Still, in general, we apply an absolute valuation method to find Gossamer Bio'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 Gossamer Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gossamer Bio's related companies.
 Open High Low Close Volume
  1.45    1.48    1.38    1.40    720,698  
03/15/2024
  1.42    1.50    1.42    1.46    1,542,836  
  1.45    1.45    1.27    1.38    1,581,198  
Backtest Gossamer Bio  |  Gossamer Bio History  |  Gossamer Bio Valuation   PreviousNext  
Open Value
1.42
1.46
Closing Value
11.62
Upside

Gossamer Bio Trading Date Momentum on March 15, 2024

On March 18 2024 Gossamer Bio was traded for  1.38  at the closing time. The top price for the day was 1.45  and the lowest listed price was  1.27 . The trading volume for the day was 1.6 M. The trading history from March 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.48% . The overall trading delta against the current closing price is 8.90% .

Gossamer Bio Fundamentals Correlations and Trends

By evaluating Gossamer Bio'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 Gossamer Bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gossamer financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Gossamer Bio Stock history

Gossamer Bio 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 Gossamer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gossamer Bio 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 Gossamer Bio stock prices may prove useful in developing a viable investing in Gossamer Bio
Last ReportedProjected for Next Year
Common Stock Shares Outstanding152.6 M160.3 M
Net Loss-206.4 M-216.8 M

Gossamer Bio Quarterly Net Working Capital

293.18 Million

Gossamer Bio Stock Technical Analysis

Gossamer Bio 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.
A focus of Gossamer Bio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gossamer Bio 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

Gossamer Bio Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Gossamer Bio 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.

Gossamer Bio November 29, 2024 Market Strength

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

Gossamer Bio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gossamer Bio's price direction in advance. Along with the technical and fundamental analysis of Gossamer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gossamer 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.

Additional Tools for Gossamer Stock Analysis

When running Gossamer Bio's price analysis, check to measure Gossamer Bio's 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 Gossamer Bio is operating at the current time. Most of Gossamer Bio's value examination focuses on studying past and present price action to predict the probability of Gossamer Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gossamer Bio's price. Additionally, you may evaluate how the addition of Gossamer Bio to your portfolios can decrease your overall portfolio volatility.