Movano Inc Stock Price on October 30, 2024

MOVE Stock  USD 5.64  0.25  4.64%   
If you're considering investing in Movano Stock, it is important to understand the factors that can impact its price. As of today, the current price of Movano stands at 5.64, as last reported on the 2nd of December, with the highest price reaching 5.86 and the lowest price hitting 5.06 during the day. Movano appears to be dangerous, given 3 months investment horizon. Movano Inc has Sharpe Ratio of 0.0794, which conveys that the firm had a 0.0794% return per unit of risk over the last 3 months. By analyzing Movano's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please exercise Movano's Downside Deviation of 6.21, risk adjusted performance of 0.0631, and Mean Deviation of 4.68 to check out if our risk estimates are consistent with your expectations.
  
At present, Movano's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 134.2 M, whereas Treasury Stock is forecasted to decline to (17.5 M). . The current year's Price Earnings To Growth Ratio is expected to grow to 0.04, whereas Price Earnings Ratio is forecasted to decline to (1.29). Movano Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0794

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Estimated Market Risk

 8.4
  actual daily
74
74% of assets are less volatile

Expected Return

 0.67
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Movano is performing at about 6% 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 Movano by adding it to a well-diversified portfolio.
Price Book
3.6497
Enterprise Value Ebitda
(1.24)
Price Sales
43.912
Shares Float
5.1 M
Wall Street Target Price
30

Related Headline

LivaNova PLC Headline on 30th of October 2024

Revenue Achieved 318.1 million for Q3 2024, surpassing analyst estimates of 300.49 million, marking an 11.2 percent increase year-over-year.GAAP EPS Reported 0.6

Movano Valuation on October 30, 2024

It is possible to determine the worth of Movano on a given historical date. On October 30, 2024 Movano was worth 4.49 at the beginning of the trading date compared to the closed value of 3.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Movano stock. Still, in general, we apply an absolute valuation method to find Movano'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 Movano where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Movano's related companies.
 Open High Low Close Volume
  3.80    4.59    3.72    4.42    178,109  
10/30/2024
  4.49    4.50    3.30    3.34    211,869  
  3.31    3.50    3.01    3.33    164,212  
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Open Value
4.49
3.34
Closing Value
29.68
Upside

Movano Trading Date Momentum on October 30, 2024

On October 31 2024 Movano Inc was traded for  3.33  at the closing time. The top price for the day was 3.50  and the lowest listed price was  3.01 . The trading volume for the day was 164.2 K. The trading history from October 31, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.30% . The trading delta at closing time against the current closing price is 26.65% .

Movano Inc Fundamentals Correlations and Trends

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

About Movano Stock history

Movano 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 Movano is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Movano Inc 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 Movano stock prices may prove useful in developing a viable investing in Movano
Last ReportedProjected for Next Year
Common Stock Shares Outstanding3.1 M2.9 M
Net Loss-27.3 M-25.9 M

Movano Stock Technical Analysis

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

Movano Period Price Range

Low
December 2, 2024
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High

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Movano Inc 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.

Movano December 2, 2024 Market Strength

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

Movano Technical and Predictive Indicators

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

Complementary Tools for Movano Stock analysis

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