Adaptive Biotechnologies Corp Stock Price on May 5, 2021
ADPT Stock | USD 2.34 0.10 4.10% |
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 2.34, as last reported on the 19th of April, with the highest price reaching 2.46 and the lowest price hitting 2.33 during the day.
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 4.02, and Risk Adjusted Performance of (0.09) 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.
IPO Date 27th of June 2019 | 200 Day MA 4.8815 | 50 Day MA 3.4178 | Beta 1.241 |
Adaptive |
Sharpe Ratio = -0.1576
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Estimated Market Risk
5.14 actual daily | 45 55% of assets are more volatile |
Expected Return
-0.81 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 Valuation on May 5, 2021
It is possible to determine the worth of Adaptive Biotechnologies on a given historical date. On May 5, 2021 Adaptive was worth 14.85 at the beginning of the trading date compared to the closed value of 14.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adaptive Biotechnologies stock. Still, in general, we apply an absolute valuation method to find Adaptive Biotechnologies' 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 Adaptive Biotechnologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adaptive Biotechnologies' related companies.
Open | High | Low | Close | Volume | |
04/04/2022 | 14.85 | 15.19 | 14.51 | 14.55 | 957,700 |
14.54 | 14.54 | 13.42 | 13.57 | 1,295,800 |
Backtest Adaptive Biotechnologies | | | Adaptive Biotechnologies History | | | Adaptive Biotechnologies Valuation | Next |
Adaptive Biotechnologies Trading Date Momentum on May 5, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Adaptive Biotechnologies Fundamentals Correlations and Trends
By evaluating Adaptive Biotechnologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Adaptive Biotechnologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adaptive financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 144.4 M | 131.8 M | |
Net Loss | -180.2 M | -189.2 M |
Adaptive Biotechnologies Quarterly Net Working Capital |
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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.
Price Boundaries
Adaptive Biotechnologies Period Price Range
Low | April 4, 2022
| High |
14.85 | 14.55 |
Adaptive Biotechnologies April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Adaptive Biotechnologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adaptive Biotechnologies shares will generate the highest return on investment. By undertsting and applying Adaptive Biotechnologies stock market strength indicators, traders can identify Adaptive Biotechnologies Corp entry and exit signals to maximize returns
Accumulation Distribution | 42872.68 | |||
Daily Balance Of Power | (0.44) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 14.85 | |||
Day Typical Price | 14.75 | |||
Price Action Indicator | (0.45) | |||
Period Momentum Indicator | (12.21) |
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.
Risk Adjusted Performance | (0.09) | |||
Jensen Alpha | (0.91) | |||
Total Risk Alpha | (1.28) | |||
Treynor Ratio | (0.42) |
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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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Adaptive Stock analysis
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.