Athersys Price on August 11, 2022

ATHXDelisted Stock  USD 0.01  0  18.75%   
If you're considering investing in Athersys Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Athersys stands at 0.01, as last reported on the 24th of April, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Athersys secures Sharpe Ratio (or Efficiency) of -0.31, which signifies that the company had a -0.31% return per unit of standard deviation over the last 3 months. Athersys exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Athersys' mean deviation of 13.71, and Risk Adjusted Performance of 0.0163 to double-check the risk estimate we provide.
  
Athersys Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.3055

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Estimated Market Risk

 11.22
  actual daily
96
96% of assets are less volatile

Expected Return

 -3.43
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.31
  actual daily
0
Most of other assets perform better
Based on monthly moving average Athersys 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 Athersys by adding Athersys to a well-diversified portfolio.

Athersys Valuation on August 11, 2022

It is possible to determine the worth of Athersys on a given historical date. On August 11, 2022 Athersys was worth 0.28 at the beginning of the trading date compared to the closed value of 7.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Athersys pink sheet. Still, in general, we apply an absolute valuation method to find Athersys' 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 Athersys where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Athersys' related companies.
 Open High Low Close Volume
  0.28    593.85    7.09    7.09    188,572  
08/11/2022
  0.28    603.65    7.04    7.04    218,291  
  0.26    573.94    6.39    6.39    287,145  
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Open Value
0.28
7.04
Closing Value
33.93
Upside

Athersys Trading Date Momentum on August 11, 2022

On August 12 2022 Athersys was traded for  6.39  at the closing time. The top price for the day was 573.94  and the lowest listed price was  6.39 . The trading volume for the day was 287.1 K. The trading history from August 12, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 9.23% . The overall trading delta against the current closing price is 97.30% .

Athersys Fundamentals Correlations and Trends

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

About Athersys Pink Sheet history

Athersys 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 Athersys is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Athersys 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 Athersys stock prices may prove useful in developing a viable investing in Athersys
Athersys, Inc., a biotechnology company, focuses on the research and development activities in the field of regenerative medicine. Athersys, Inc. was founded in 1995 and is headquartered in Cleveland, Ohio. Athersys operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 104 people.

Athersys Pink Sheet Technical Analysis

Athersys technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Athersys technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Athersys 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

Athersys Period Price Range

Low
August 11, 2022
6.76  2,414%
High

 0.28 

     

 7.04 

Athersys April 24, 2024 Market Strength

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

Athersys Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Athersys' price direction in advance. Along with the technical and fundamental analysis of Athersys Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Athersys 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Athersys information on this page should be used as a complementary analysis to other Athersys' 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 Commodity Directory module to find actively traded commodities issued by global exchanges.

Other Consideration for investing in Athersys Pink Sheet

If you are still planning to invest in Athersys check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Athersys' history and understand the potential risks before investing.
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