Sangamo Therapeutics Stock Price on April 23, 2024
| SGMO Stock | USD 0.56 0.04 7.69% |
If you're considering investing in Sangamo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sangamo Therapeutics stands at 0.56, as last reported on the 6th of May, with the highest price reaching 0.56 and the lowest price hitting 0.52 during the day. Sangamo Therapeutics appears to be out of control, given 3 months investment horizon. Sangamo Therapeutics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0613, which indicates the firm had a 0.0613% return per unit of risk over the last 3 months. By inspecting Sangamo Therapeutics' technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please review Sangamo Therapeutics' Risk Adjusted Performance of 0.0481, coefficient of variation of 1632.57, and Semi Deviation of 7.9 to confirm if our risk estimates are consistent with your expectations.
Sangamo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sangamo |
Sharpe Ratio = 0.0613
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Estimated Market Risk
| 11.23 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Sangamo Therapeutics is performing at about 4% 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 Sangamo Therapeutics by adding it to a well-diversified portfolio.
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Sangamo Therapeutics Valuation on April 23, 2024
It is possible to determine the worth of Sangamo Therapeutics on a given historical date. On April 23, 2024 Sangamo was worth 0.52 at the beginning of the trading date compared to the closed value of 0.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sangamo Therapeutics stock. Still, in general, we apply an absolute valuation method to find Sangamo 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 Sangamo Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sangamo Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 0.53 | 0.56 | 0.48 | 0.51 | 1,267,414 | |
04/23/2024 | 0.52 | 0.57 | 0.51 | 0.52 | 2,277,475 |
| 0.51 | 0.52 | 0.49 | 0.49 | 1,157,491 |
| Backtest Sangamo Therapeutics | | | Sangamo Therapeutics History | | | Sangamo Therapeutics Valuation | Previous | Next |
Sangamo Therapeutics Trading Date Momentum on April 23, 2024
| On April 24 2024 Sangamo Therapeutics was traded for 0.49 at the closing time. The top price for the day was 0.52 and the lowest listed price was 0.49 . The trading volume for the day was 1.2 M. The trading history from April 24, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 5.77% . The trading price change against the current closing price is 0.00% . |
Sangamo Therapeutics Fundamentals Correlations and Trends
By evaluating Sangamo 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 Sangamo Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sangamo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sangamo Therapeutics Stock history
Sangamo 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 Sangamo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sangamo 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 Sangamo Therapeutics stock prices may prove useful in developing a viable investing in Sangamo Therapeutics
Sangamo Therapeutics, Inc., a clinical-stage biotechnology company, focuses on translating science into genomic medicines that transform patients lives using platform technologies in gene therapy, cell therapy, genome editing, and genome regulation. Sangamo Therapeutics, Inc. was incorporated in 1995 and is headquartered in Brisbane, California. Sangamo Therapeutics is traded on NASDAQ Exchange in the United States.
Sangamo Therapeutics Stock Technical Analysis
Sangamo 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.
Price Boundaries
Sangamo Therapeutics Period Price Range
Low | April 23, 2024
| High |
0.52 | 0.52 |
Sangamo Therapeutics May 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Sangamo 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 Sangamo Therapeutics shares will generate the highest return on investment. By undertsting and applying Sangamo Therapeutics stock market strength indicators, traders can identify Sangamo Therapeutics entry and exit signals to maximize returns
| Accumulation Distribution | 239734.0 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.54 | |||
| Day Typical Price | 0.53 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | 0.04 | |||
| Relative Strength Index | 40.47 |
Sangamo Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sangamo Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Sangamo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sangamo 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 | 0.0481 | |||
| Jensen Alpha | 0.5672 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.0711 | |||
| Treynor Ratio | 0.4251 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangamo Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Sangamo Stock, please use our How to Invest in Sangamo Therapeutics guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Sangamo Stock analysis
When running Sangamo Therapeutics' price analysis, check to measure Sangamo Therapeutics' 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 Sangamo Therapeutics is operating at the current time. Most of Sangamo Therapeutics' value examination focuses on studying past and present price action to predict the probability of Sangamo Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sangamo Therapeutics' price. Additionally, you may evaluate how the addition of Sangamo Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Sangamo Therapeutics' industry 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 Sangamo Therapeutics. If investors know Sangamo 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 Sangamo Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sangamo Therapeutics is measured differently than its book value, which is the value of Sangamo that is recorded on the company's balance sheet. Investors also form their own opinion of Sangamo Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Sangamo 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 Sangamo Therapeutics' market value can be influenced by many factors that don't directly affect Sangamo 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 Sangamo Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sangamo Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sangamo 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.