Roivant Sciences Stock Price on May 1, 2024
| ROIV Stock | USD 11.80 0.20 1.67% |
If you're considering investing in Roivant Stock, it is important to understand the factors that can impact its price. As of today, the current price of Roivant Sciences stands at 11.80, as last reported on the 29th of December, with the highest price reaching 12.05 and the lowest price hitting 11.75 during the day. At this stage we consider Roivant Stock to be not too volatile. Roivant Sciences maintains Sharpe Ratio (i.e., Efficiency) of 0.0284, which implies the firm had a 0.0284% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Roivant Sciences, which you can use to evaluate the volatility of the company. Please check Roivant Sciences' Coefficient Of Variation of 9264.96, semi deviation of 1.63, and Risk Adjusted Performance of 0.0141 to confirm if the risk estimate we provide is consistent with the expected return of 0.0501%.
At this time, Roivant Sciences' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 7.6 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 4.5 B in 2024. . At this time, Roivant Sciences' Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to climb to 1.97 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (11.21) in 2024. Roivant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Roivant |
Sharpe Ratio = 0.0284
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Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Roivant Sciences is performing at about 2% 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 Roivant Sciences by adding it to a well-diversified portfolio.
Price Book 1.667 | Enterprise Value Ebitda 0.7843 | Price Sales 66.5212 | Shares Float 357.4 M | Wall Street Target Price 16.25 |
Roivant Sciences Valuation on May 1, 2024
It is possible to determine the worth of Roivant Sciences on a given historical date. On May 1, 2024 Roivant was worth 11.0 at the beginning of the trading date compared to the closed value of 11.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roivant Sciences stock. Still, in general, we apply an absolute valuation method to find Roivant Sciences' 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 Roivant Sciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roivant Sciences' related companies.
| Open | High | Low | Close | Volume | |
| 11.03 | 11.14 | 10.89 | 10.90 | 4,553,208 | |
05/01/2024 | 11.00 | 11.35 | 10.90 | 11.21 | 5,558,234 |
| 11.34 | 11.35 | 11.14 | 11.24 | 3,331,130 |
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Roivant Sciences Trading Date Momentum on May 1, 2024
| On May 02 2024 Roivant Sciences was traded for 11.24 at the closing time. The top price for the day was 11.35 and the lowest listed price was 11.14 . The trading volume for the day was 3.3 M. The trading history from May 2, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 0.27% . The trading delta at closing time against the current closing price is 0.89% . |
Roivant Sciences Fundamentals Correlations and Trends
By evaluating Roivant Sciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Roivant Sciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Roivant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Roivant Sciences Stock history
Roivant Sciences 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 Roivant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Roivant Sciences 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 Roivant Sciences stock prices may prove useful in developing a viable investing in Roivant Sciences
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 831 M | 610.3 M | |
| Net Loss | -908.1 M | -862.7 M |
Roivant Sciences Quarterly Net Working Capital |
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Roivant Sciences Stock Technical Analysis
Roivant Sciences 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
Roivant Sciences Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Roivant Sciences 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.
Roivant Sciences December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Roivant Sciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roivant Sciences shares will generate the highest return on investment. By undertsting and applying Roivant Sciences stock market strength indicators, traders can identify Roivant Sciences entry and exit signals to maximize returns
Roivant Sciences Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roivant Sciences' price direction in advance. Along with the technical and fundamental analysis of Roivant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Roivant 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 | 0.0141 | |||
| Jensen Alpha | 0.0032 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0344 |
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Additional Tools for Roivant Stock Analysis
When running Roivant Sciences' price analysis, check to measure Roivant Sciences' 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 Roivant Sciences is operating at the current time. Most of Roivant Sciences' value examination focuses on studying past and present price action to predict the probability of Roivant Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roivant Sciences' price. Additionally, you may evaluate how the addition of Roivant Sciences to your portfolios can decrease your overall portfolio volatility.