Ardelyx Stock Price on May 5, 2022
| ARDX Stock | USD 9.15 0.43 4.93% |
Below is the normalized historical share price chart for Ardelyx extending back to June 19, 2014. 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 Ardelyx stands at 9.15, as last reported on the 7th of May, with the highest price reaching 9.27 and the lowest price hitting 8.61 during the day.
If you're considering investing in Ardelyx Stock, it is important to understand the factors that can impact its price. We consider Ardelyx slightly risky. Ardelyx secures Sharpe Ratio (or Efficiency) of 0.0281, which signifies that the company had a 0.0281% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Ardelyx, which you can use to evaluate the volatility of the firm. Please confirm Ardelyx's mean deviation of 2.86, and Risk Adjusted Performance of 0.0189 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Ardelyx's Common Stock Shares Outstanding is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to about 24.1 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 116.4 M in 2024. . At this time, Ardelyx's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to rise to 8.56 in 2024, whereas Price To Sales Ratio is likely to drop 10.38 in 2024. Ardelyx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of June 2014 | 200 Day MA 5.8825 | 50 Day MA 7.7042 | Beta 0.824 |
Ardelyx |
Sharpe Ratio = 0.0281
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| Cash | Small Risk | Average Risk | ARDX | Huge Risk |
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Estimated Market Risk
| 4.79 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Ardelyx 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 Ardelyx by adding it to a well-diversified portfolio.
Price Book 9.8478 | Enterprise Value Ebitda (27.36) | Price Sales 13.1996 | Shares Float 228 M | Wall Street Target Price 13.65 |
Ardelyx Valuation on May 5, 2022
It is possible to determine the worth of Ardelyx on a given historical date. On May 5, 2022 Ardelyx was worth 0.94 at the beginning of the trading date compared to the closed value of 0.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ardelyx stock. Still, in general, we apply an absolute valuation method to find Ardelyx's 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 Ardelyx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ardelyx's related companies.
| Open | High | Low | Close | Volume | |
| 0.90 | 0.94 | 0.85 | 0.91 | 2,562,000 | |
05/05/2022 | 0.94 | 0.94 | 0.81 | 0.84 | 2,191,600 |
| 0.80 | 0.82 | 0.76 | 0.81 | 3,245,100 |
| Backtest Ardelyx | | | Ardelyx History | | | Ardelyx Valuation | Previous | Next |
Ardelyx Trading Date Momentum on May 5, 2022
| On May 06 2022 Ardelyx was traded for 0.81 at the closing time. The top price for the day was 0.82 and the lowest listed price was 0.76 . The trading volume for the day was 3.2 M. The trading history from May 6, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.57% . The overall trading delta against the current closing price is 19.05% . |
Ardelyx Fundamentals Correlations and Trends
By evaluating Ardelyx's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ardelyx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ardelyx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ardelyx Stock history
Ardelyx 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 Ardelyx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ardelyx 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 Ardelyx stock prices may prove useful in developing a viable investing in Ardelyx
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 219.3 M | 230.3 M | |
| Net Loss | -60.5 M | -63.5 M |
Ardelyx Quarterly Net Working Capital |
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Ardelyx Stock Technical Analysis
Ardelyx 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
Ardelyx Period Price Range
Low | May 5, 2022
| High |
0.94 | 0.84 |
Ardelyx May 7, 2024 Market Strength
Market strength indicators help investors to evaluate how Ardelyx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ardelyx shares will generate the highest return on investment. By undertsting and applying Ardelyx stock market strength indicators, traders can identify Ardelyx entry and exit signals to maximize returns
| Accumulation Distribution | 303094.0 | |||
| Daily Balance Of Power | (0.77) | |||
| Rate Of Daily Change | 0.89 | |||
| Day Median Price | 0.88 | |||
| Day Typical Price | 0.86 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | 8.31 |
Ardelyx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ardelyx's price direction in advance. Along with the technical and fundamental analysis of Ardelyx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ardelyx 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 | 0.0189 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 7.0E-4 | |||
| Treynor Ratio | 0.0283 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ardelyx. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Ardelyx Stock please use our How to Invest in Ardelyx guide.Note that the Ardelyx information on this page should be used as a complementary analysis to other Ardelyx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Ardelyx Stock analysis
When running Ardelyx's price analysis, check to measure Ardelyx's 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 Ardelyx is operating at the current time. Most of Ardelyx's value examination focuses on studying past and present price action to predict the probability of Ardelyx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardelyx's price. Additionally, you may evaluate how the addition of Ardelyx to your portfolios can decrease your overall portfolio volatility.
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Is Ardelyx's 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 Ardelyx. If investors know Ardelyx 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 Ardelyx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.30) | Revenue Per Share 0.705 | Quarterly Revenue Growth 3.048 | Return On Assets (0.14) | Return On Equity (0.48) |
The market value of Ardelyx is measured differently than its book value, which is the value of Ardelyx that is recorded on the company's balance sheet. Investors also form their own opinion of Ardelyx's value that differs from its market value or its book value, called intrinsic value, which is Ardelyx's 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 Ardelyx's market value can be influenced by many factors that don't directly affect Ardelyx's 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 Ardelyx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ardelyx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardelyx's 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.