Sonnet Biotherapeutics Holdings Stock Price on September 10, 2024

SONN Stock  USD 1.77  0.14  7.33%   
Below is the normalized historical share price chart for Sonnet Biotherapeutics Holdings extending back to July 27, 2005. 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 Sonnet Biotherapeutics stands at 1.77, as last reported on the 13th of December 2024, with the highest price reaching 1.91 and the lowest price hitting 1.73 during the day.
IPO Date
31st of October 2006
200 Day MA
9.096
50 Day MA
3.929
Beta
1.045
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sonnet Stock, it is important to understand the factors that can impact its price. Sonnet Biotherapeutics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.24, which indicates the firm had a -0.24% return per unit of risk over the last 3 months. Sonnet Biotherapeutics Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sonnet Biotherapeutics' Risk Adjusted Performance of (0.15), variance of 57.66, and Coefficient Of Variation of (453.48) to confirm the risk estimate we provide.
  
As of the 13th of December 2024, Total Stockholder Equity is likely to grow to about 8.9 M, while Liabilities And Stockholders Equity is likely to drop about 28.3 M. . At this time, Sonnet Biotherapeutics' Price Book Value Ratio is very stable compared to the past year. As of the 13th of December 2024, Price To Book Ratio is likely to grow to 5.12, while Price To Sales Ratio is likely to drop 1.12. Sonnet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2421

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Estimated Market Risk

 7.68
  actual daily
68
68% of assets are less volatile

Expected Return

 -1.86
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.24
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sonnet Biotherapeutics 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 Sonnet Biotherapeutics by adding Sonnet Biotherapeutics to a well-diversified portfolio.
Price Book
0.6111
Enterprise Value Ebitda
(0.21)
Price Sales
28.631
Shares Float
586 K
Wall Street Target Price
240

Sonnet Biotherapeutics Valuation on September 10, 2024

It is possible to determine the worth of Sonnet Biotherapeutics on a given historical date. On September 10, 2024 Sonnet was worth 7.1 at the beginning of the trading date compared to the closed value of 6.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonnet Biotherapeutics stock. Still, in general, we apply an absolute valuation method to find Sonnet Biotherapeutics' 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 Sonnet Biotherapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sonnet Biotherapeutics' related companies.
 Open High Low Close Volume
  7.19    7.19    6.76    6.93    6,848  
09/10/2024
  7.10    7.12    6.64    6.64    4,910  
  6.96    7.04    6.41    6.52    7,878  
Backtest Sonnet Biotherapeutics  |  Sonnet Biotherapeutics History  |  Sonnet Biotherapeutics Valuation   PreviousNext  
Open Value
7.1
6.64
Closing Value
30.14
Upside

Sonnet Biotherapeutics Trading Date Momentum on September 10, 2024

On September 11 2024 Sonnet Biotherapeutics Holdings was traded for  6.52  at the closing time. The top price for the day was 7.04  and the lowest listed price was  6.41 . The trading volume for the day was 7.9 K. The trading history from September 11, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.81% . The trading price change against the current closing price is 25.30% .

Sonnet Biotherapeutics Fundamentals Correlations and Trends

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

About Sonnet Biotherapeutics Stock history

Sonnet Biotherapeutics 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 Sonnet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sonnet Biotherapeutics 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 Sonnet Biotherapeutics stock prices may prove useful in developing a viable investing in Sonnet Biotherapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding 439.58  417.60 
Net Loss-16.1 M-16.9 M

Sonnet Biotherapeutics Stock Technical Analysis

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

Sonnet Biotherapeutics Period Price Range

Low
December 13, 2024
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Sonnet Biotherapeutics Holdings 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.

Sonnet Biotherapeutics December 13, 2024 Market Strength

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

Sonnet Biotherapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sonnet Biotherapeutics' price direction in advance. Along with the technical and fundamental analysis of Sonnet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sonnet 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 Sonnet Biotherapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonnet Biotherapeutics' 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 Sonnet Biotherapeutics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonnet Biotherapeutics Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonnet Biotherapeutics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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 Sonnet Biotherapeutics. If investors know Sonnet 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 Sonnet Biotherapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.89)
Revenue Per Share
0.019
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.97)
Return On Equity
(2.65)
The market value of Sonnet Biotherapeutics is measured differently than its book value, which is the value of Sonnet that is recorded on the company's balance sheet. Investors also form their own opinion of Sonnet Biotherapeutics' value that differs from its market value or its book value, called intrinsic value, which is Sonnet Biotherapeutics' 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 Sonnet Biotherapeutics' market value can be influenced by many factors that don't directly affect Sonnet Biotherapeutics' 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 Sonnet Biotherapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonnet Biotherapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonnet Biotherapeutics' 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.