Adaptive Biotechnologies Corp Stock Price History

ADPT Stock  USD 2.40  0.06  2.56%   
Below is the normalized historical share price chart for Adaptive Biotechnologies Corp extending back to June 27, 2019. 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 Adaptive Biotechnologies stands at 2.40, as last reported on the 22nd of April, with the highest price reaching 2.48 and the lowest price hitting 2.28 during the day.
IPO Date
27th of June 2019
200 Day MA
4.8399
50 Day MA
3.3657
Beta
1.241
 
Covid
If you're considering investing in Adaptive Stock, it is important to understand the factors that can impact its price. Adaptive Biotechnologies secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of standard deviation over the last 3 months. Adaptive Biotechnologies Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adaptive Biotechnologies' mean deviation of 4.0, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
  
At this time, Adaptive Biotechnologies' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 811.6 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 10.3 K in 2024. . At this time, Adaptive Biotechnologies' Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 2.41 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.06) in 2024. Adaptive Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1593

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Estimated Market Risk

 5.14
  actual daily
45
55% of assets are more volatile

Expected Return

 -0.82
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Adaptive Biotechnologies 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 Adaptive Biotechnologies by adding Adaptive Biotechnologies to a well-diversified portfolio.
Price Book
1.4161
Enterprise Value Ebitda
(1.00)
Price Sales
2.5648
Shares Float
96.8 M
Wall Street Target Price
6.4

Adaptive Biotechnologies Stock Price History Chart

There are several ways to analyze Adaptive Stock price data. The simplest method is using a basic Adaptive candlestick price chart, which shows Adaptive Biotechnologies price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 27, 20244.27
Lowest PriceApril 18, 20242.34

Adaptive Biotechnologies April 22, 2024 Stock Price Synopsis

Various analyses of Adaptive Biotechnologies' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Adaptive Stock. It can be used to describe the percentage change in the price of Adaptive Biotechnologies from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Adaptive Stock.
Adaptive Biotechnologies Price Rate Of Daily Change 1.03 
Adaptive Biotechnologies Price Action Indicator 0.05 
Adaptive Biotechnologies Price Daily Balance Of Power 0.30 

Adaptive Biotechnologies April 22, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Adaptive Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Adaptive Biotechnologies intraday prices and daily technical indicators to check the level of noise trading in Adaptive Stock and then apply it to test your longer-term investment strategies against Adaptive.

Adaptive Stock Price History Data

The price series of Adaptive Biotechnologies for the period between Tue, Jan 23, 2024 and Mon, Apr 22, 2024 has a statistical range of 2.03 with a coefficient of variation of 15.43. The prices are distributed with arithmetic mean of 3.5. The median price for the last 90 days is 3.65.
OpenHighLowCloseVolume
04/22/2024
 2.31  2.48  2.28  2.40 
04/19/2024 2.31  2.48  2.28  2.40  2,341,515 
04/18/2024 2.45  2.46  2.33  2.34  2,780,233 
04/17/2024 2.77  2.80  2.43  2.44  3,306,185 
04/16/2024 2.85  2.85  2.62  2.75  1,605,771 
04/15/2024 3.01  3.11  2.88  2.91  3,152,255 
04/12/2024 2.59  3.10  2.55  3.01  6,505,403 
04/11/2024 2.69  2.71  2.53  2.62  1,021,794 
04/10/2024 2.83  2.83  2.64  2.67  1,268,290 
04/09/2024 2.85  3.12  2.84  2.93  1,311,445 
04/08/2024 2.63  2.84  2.60  2.83  1,495,669 
04/05/2024 2.72  2.72  2.56  2.58  1,324,704 
04/04/2024 2.71  2.91  2.70  2.73  1,219,393 
04/03/2024 2.96  2.99  2.66  2.68  4,233,032 
04/02/2024 3.03  3.05  2.90  2.98  1,054,104 
04/01/2024 3.27  3.27  3.05  3.11  1,304,822 
03/28/2024 2.93  3.34  2.93  3.21  2,000,090 
03/27/2024 2.95  2.95  2.75  2.89  3,386,198 
03/26/2024 3.13  3.20  2.85  2.88  1,918,898 
03/25/2024 3.24  3.28  3.09  3.12  1,157,058 
03/22/2024 3.31  3.32  3.15  3.24  1,607,063 
03/21/2024 3.41  3.52  3.32  3.33  816,548 
03/20/2024 3.27  3.43  3.15  3.38  1,196,045 
03/19/2024 3.14  3.35  3.11  3.27  936,643 
03/18/2024 3.26  3.26  3.11  3.18  1,118,908 
03/15/2024 3.23  3.34  3.21  3.24  1,751,064 
03/14/2024 3.37  3.38  3.21  3.26  1,543,168 
03/13/2024 3.54  3.61  3.36  3.41  1,321,497 
03/12/2024 3.77  3.79  3.58  3.59  1,301,205 
03/11/2024 3.63  3.95  3.59  3.78  1,624,211 
03/08/2024 3.53  3.75  3.48  3.65  1,626,671 
03/07/2024 3.64  3.76  3.44  3.45  1,381,181 
03/06/2024 3.85  3.88  3.53  3.61  1,694,562 
03/05/2024 3.40  3.80  3.40  3.78  3,411,753 
03/04/2024 4.04  4.08  3.76  3.99  1,274,771 
03/01/2024 4.11  4.25  3.99  4.03  1,152,332 
02/29/2024 4.29  4.33  4.11  4.11  1,035,665 
02/28/2024 4.17  4.35  4.09  4.15  1,258,795 
02/27/2024 4.24  4.34  4.10  4.27  1,000,998 
02/26/2024 4.02  4.18  3.96  4.16  879,519 
02/23/2024 3.87  4.08  3.79  4.04  1,123,480 
02/22/2024 3.85  3.95  3.73  3.88  1,631,215 
02/21/2024 3.83  3.89  3.75  3.82  873,328 
02/20/2024 3.86  3.97  3.76  3.85  1,235,567 
02/16/2024 3.91  4.05  3.81  3.85  1,930,187 
02/15/2024 3.60  4.24  3.60  3.96  5,278,947 
02/14/2024 3.66  4.01  3.65  3.94  1,718,146 
02/13/2024 3.66  3.78  3.54  3.62  1,467,508 
02/12/2024 3.73  3.99  3.69  3.92  1,453,999 
02/09/2024 3.75  3.80  3.65  3.78  879,825 
02/08/2024 3.58  3.71  3.50  3.67  1,245,932 
02/07/2024 3.80  3.80  3.55  3.57  1,027,993 
02/06/2024 3.46  3.77  3.41  3.77  1,179,663 
02/05/2024 3.56  3.56  3.45  3.46  936,065 
02/02/2024 3.65  3.72  3.52  3.65  962,491 
02/01/2024 3.70  3.79  3.64  3.74  1,232,586 
01/31/2024 3.95  4.00  3.67  3.67  1,374,400 
01/30/2024 4.09  4.11  3.94  3.95  811,557 
01/29/2024 3.95  4.16  3.85  4.13  993,759 
01/26/2024 4.02  4.24  3.94  3.95  1,268,917 
01/25/2024 4.19  4.27  3.92  4.00  1,699,623 

About Adaptive Biotechnologies Stock history

Adaptive Biotechnologies 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 Adaptive is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adaptive Biotechnologies 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 Adaptive Biotechnologies stock prices may prove useful in developing a viable investing in Adaptive Biotechnologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding144.4 M131.8 M
Net Loss-180.2 M-189.2 M

Adaptive Biotechnologies Quarterly Net Working Capital

322.17 Million

Adaptive Biotechnologies Stock Technical Analysis

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

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Adaptive Biotechnologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Adaptive Biotechnologies' price direction in advance. Along with the technical and fundamental analysis of Adaptive Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adaptive 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 Adaptive Biotechnologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Adaptive Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Adaptive Biotechnologies Corp Stock. Highlighted below are key reports to facilitate an investment decision about Adaptive Biotechnologies Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adaptive Biotechnologies Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Adaptive Biotechnologies' price analysis, check to measure Adaptive Biotechnologies' 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 Adaptive Biotechnologies is operating at the current time. Most of Adaptive Biotechnologies' value examination focuses on studying past and present price action to predict the probability of Adaptive Biotechnologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adaptive Biotechnologies' price. Additionally, you may evaluate how the addition of Adaptive Biotechnologies to your portfolios can decrease your overall portfolio volatility.
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Is Adaptive Biotechnologies' 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 Adaptive Biotechnologies. If investors know Adaptive 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 Adaptive Biotechnologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.56)
Revenue Per Share
1.179
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.17)
Return On Equity
(0.58)
The market value of Adaptive Biotechnologies is measured differently than its book value, which is the value of Adaptive that is recorded on the company's balance sheet. Investors also form their own opinion of Adaptive Biotechnologies' value that differs from its market value or its book value, called intrinsic value, which is Adaptive Biotechnologies' 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 Adaptive Biotechnologies' market value can be influenced by many factors that don't directly affect Adaptive Biotechnologies' 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 Adaptive Biotechnologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adaptive Biotechnologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adaptive Biotechnologies' 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.