Neurosense Therapeutics Stock Price on November 20, 2024

NRSN Stock  USD 0.93  0.02  2.20%   
If you're considering investing in Neurosense Stock, it is important to understand the factors that can impact its price. As of today, the current price of Neurosense Therapeutics stands at 0.93, as last reported on the 14th of December 2024, with the highest price reaching 0.95 and the lowest price hitting 0.85 during the day. Neurosense Therapeutics has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Neurosense Therapeutics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Neurosense Therapeutics' Mean Deviation of 3.31, standard deviation of 4.62, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
  
At this time, Neurosense Therapeutics' Common Stock Shares Outstanding is very stable compared to the past year. As of the 14th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 5.3 M, though Total Stockholder Equity is likely to grow to (1.8 M). . As of the 14th of December 2024, Price Earnings Ratio is likely to drop to -1.11. In addition to that, Price Book Value Ratio is likely to grow to -5.43. Neurosense Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1015

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

Estimated Market Risk

 4.59
  actual daily
40
60% of assets are more volatile

Expected Return

 -0.47
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Neurosense Therapeutics 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 Neurosense Therapeutics by adding Neurosense Therapeutics to a well-diversified portfolio.
Price Book
4.1496
Book Value
(0.09)
Enterprise Value
17.7 M
Enterprise Value Ebitda
(1.16)
Shares Float
13.5 M

Related Headline

Quoin Pharmaceuticals Headline on 20th of November 2024

The heavy selling pressure might have exhausted for PDS Biotechnology as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Neurosense Therapeutics Valuation on November 20, 2024

It is possible to determine the worth of Neurosense Therapeutics on a given historical date. On November 20, 2024 Neurosense was worth 1.11 at the beginning of the trading date compared to the closed value of 0.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neurosense Therapeutics stock. Still, in general, we apply an absolute valuation method to find Neurosense Therapeutics' 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 Neurosense Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neurosense Therapeutics' related companies.
 Open High Low Close Volume
  1.15    1.19    1.11    1.12    167,805  
11/20/2024
  1.11    1.12    0.97    0.99    195,059  
  0.98    1.02    0.91    0.92    143,515  
Backtest Neurosense Therapeutics  |  Neurosense Therapeutics History  |  Neurosense Therapeutics Valuation   PreviousNext  
Open Value
1.11
0.99
Closing Value
14.87
Upside

Neurosense Therapeutics Trading Date Momentum on November 20, 2024

On November 21 2024 Neurosense Therapeutics was traded for  0.92  at the closing time. The top price for the day was 1.02  and the lowest listed price was  0.91 . The trading volume for the day was 143.5 K. The trading history from November 21, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 7.07% . The trading delta at closing time against the current closing price is 6.06% .

Neurosense Therapeutics Fundamentals Correlations and Trends

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

About Neurosense Therapeutics Stock history

Neurosense Therapeutics 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 Neurosense is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neurosense Therapeutics 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 Neurosense Therapeutics stock prices may prove useful in developing a viable investing in Neurosense Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding13.6 M14.3 M
Net Loss-3.6 M-3.8 M

Neurosense Therapeutics Stock Technical Analysis

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

Neurosense Therapeutics Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Neurosense Therapeutics 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.

Neurosense Therapeutics December 14, 2024 Market Strength

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

Neurosense Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Neurosense Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Neurosense Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neurosense 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.
When determining whether Neurosense Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neurosense Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Neurosense Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neurosense Therapeutics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neurosense Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Neurosense Stock, please use our How to Invest in Neurosense Therapeutics guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Neurosense Therapeutics. If investors know Neurosense will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Neurosense Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.65)
Return On Assets
(1.51)
Return On Equity
(4.95)
The market value of Neurosense Therapeutics is measured differently than its book value, which is the value of Neurosense that is recorded on the company's balance sheet. Investors also form their own opinion of Neurosense Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Neurosense Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Neurosense Therapeutics' market value can be influenced by many factors that don't directly affect Neurosense Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Neurosense Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Neurosense Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neurosense Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.