Brickell Biotech Price on September 2, 2022

BBIDelisted Stock  USD 0.90  0.01  1.10%   
If you're considering investing in Brickell Stock, it is important to understand the factors that can impact its price. As of today, the current price of Brickell Biotech stands at 0.90, as last reported on the 4th of June, with the highest price reaching 0.91 and the lowest price hitting 0.90 during the day. Brickell Biotech secures Sharpe Ratio (or Efficiency) of -0.0631, which signifies that the company had a -0.0631% return per unit of risk over the last 3 months. Brickell Biotech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brickell Biotech's Mean Deviation of 1.23, risk adjusted performance of (0.04), and Standard Deviation of 1.87 to double-check the risk estimate we provide.
  
Brickell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0631

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Estimated Market Risk

 1.83
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Brickell Biotech 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 Brickell Biotech by adding Brickell Biotech to a well-diversified portfolio.

Brickell Biotech Valuation on September 2, 2022

It is possible to determine the worth of Brickell Biotech on a given historical date. On September 2, 2022 Brickell was worth 2.46 at the beginning of the trading date compared to the closed value of 2.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Brickell Biotech stock. Still, in general, we apply an absolute valuation method to find Brickell Biotech'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 Brickell Biotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Brickell Biotech's related companies.
 Open High Low Close Volume
  2.60    2.60    2.42    2.44    61,300  
09/02/2022
  2.46    2.79    2.40    2.49    456,500  
  2.48    2.51    2.22    2.30    121,400  
Backtest Brickell Biotech  |  Brickell Biotech History  |  Brickell Biotech Valuation   PreviousNext  
Open Value
2.46
2.49
Closing Value
7.95
Upside

Brickell Biotech Trading Date Momentum on September 2, 2022

On September 06 2022 Brickell Biotech was traded for  2.30  at the closing time. Highest Brickell Biotech's price during the trading hours was 2.51  and the lowest price during the day was  2.22 . The net volume was 121.4 K. The overall trading history on the 6th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 7.63% . The overall trading delta to current price is 12.05% .

Brickell Biotech Fundamentals Correlations and Trends

By evaluating Brickell Biotech'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 Brickell Biotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Brickell financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Brickell Biotech Stock history

Brickell Biotech 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 Brickell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Brickell Biotech 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 Brickell Biotech stock prices may prove useful in developing a viable investing in Brickell Biotech
Brickell Biotech, Inc., a clinical-stage pharmaceutical company, engages in the development of various prescription therapeutics for the treatment of autoimmune, inflammatory, and other debilitating diseases in the United States. The company was founded in 2009 and is headquartered in Boulder, Colorado. Brickell Biotech operates under Biotechnology classification in the United States and is traded on NCM Exchange. It employs 16 people.

Brickell Biotech Stock Technical Analysis

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

Brickell Biotech Period Price Range

Low
September 2, 2022
0.03  1.22%
High

 2.46 

     

 2.49 

Brickell Biotech June 4, 2024 Market Strength

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

Brickell Biotech Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Brickell Biotech's price direction in advance. Along with the technical and fundamental analysis of Brickell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Brickell 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 bureau of labor statistics.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Consideration for investing in Brickell Stock

If you are still planning to invest in Brickell Biotech 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 Brickell Biotech's history and understand the potential risks before investing.
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