Bicycle Therapeutics Stock Price on April 2, 2021
| BCYC Stock | USD 24.49 2.67 12.24% |
Below is the normalized historical share price chart for Bicycle Therapeutics extending back to May 23, 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 Bicycle Therapeutics stands at 24.49, as last reported on the 19th of April, with the highest price reaching 24.96 and the lowest price hitting 22.66 during the day.
If you're considering investing in Bicycle Stock, it is important to understand the factors that can impact its price. Bicycle Therapeutics appears to be not too volatile, given 3 months investment horizon. Bicycle Therapeutics secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. By analyzing Bicycle Therapeutics' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please makes use of Bicycle Therapeutics' risk adjusted performance of 0.0888, and Mean Deviation of 2.37 to double-check if our risk estimates are consistent with your expectations.
At present, Bicycle Therapeutics' Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 927.6 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 23.1 M. . At present, Bicycle Therapeutics' Price Sales Ratio is projected to decrease significantly based on the last few years of reporting. Bicycle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of May 2019 | 200 Day MA 20.3716 | 50 Day MA 23.3992 | Beta 0.886 |
Bicycle |
Sharpe Ratio = 0.1427
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Estimated Market Risk
| 4.2 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Bicycle Therapeutics is performing at about 11% 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 Bicycle Therapeutics by adding it to a well-diversified portfolio.
Price Book 2.2773 | Enterprise Value Ebitda (2.14) | Price Sales 31.3142 | Shares Float 1.9 M | Wall Street Target Price 43.2 |
Bicycle Therapeutics Valuation on April 2, 2021
It is possible to determine the worth of Bicycle Therapeutics on a given historical date. On April 2, 2021 Bicycle was worth 43.92 at the beginning of the trading date compared to the closed value of 45.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bicycle Therapeutics stock. Still, in general, we apply an absolute valuation method to find Bicycle Therapeutics' 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 Bicycle Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bicycle Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 43.92 | 45.75 | 43.50 | 45.15 | 489,200 |
| 45.40 | 47.81 | 43.94 | 43.98 | 249,600 |
| Backtest Bicycle Therapeutics | | | Bicycle Therapeutics History | | | Bicycle Therapeutics Valuation | Next |
Bicycle Therapeutics Trading Date Momentum on April 2, 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.Bicycle Therapeutics Fundamentals Correlations and Trends
By evaluating Bicycle Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bicycle Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bicycle financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bicycle Therapeutics Stock history
Bicycle Therapeutics 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 Bicycle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bicycle Therapeutics 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 Bicycle Therapeutics stock prices may prove useful in developing a viable investing in Bicycle Therapeutics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 35.6 M | 23.1 M | |
| Net Loss | -101.4 M | -96.4 M |
Bicycle Therapeutics Quarterly Net Working Capital |
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Bicycle Therapeutics Stock Technical Analysis
Bicycle Therapeutics 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
Bicycle Therapeutics Period Price Range
Low | April 4, 2022
| High |
43.92 | 45.15 |
Bicycle Therapeutics April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Bicycle Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bicycle Therapeutics shares will generate the highest return on investment. By undertsting and applying Bicycle Therapeutics stock market strength indicators, traders can identify Bicycle Therapeutics entry and exit signals to maximize returns
| Accumulation Distribution | 24059.02 | |||
| Daily Balance Of Power | 0.5467 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 44.63 | |||
| Day Typical Price | 44.8 | |||
| Price Action Indicator | 1.14 | |||
| Period Momentum Indicator | (20.66) |
Bicycle Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bicycle Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Bicycle Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bicycle 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 | 0.0888 | |||
| Jensen Alpha | 0.5201 | |||
| Total Risk Alpha | 0.1339 | |||
| Sortino Ratio | 0.1448 | |||
| Treynor Ratio | 21.91 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bicycle Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Bicycle Stock refer to our How to Trade Bicycle Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Bicycle Stock analysis
When running Bicycle Therapeutics' price analysis, check to measure Bicycle Therapeutics' 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 Bicycle Therapeutics is operating at the current time. Most of Bicycle Therapeutics' value examination focuses on studying past and present price action to predict the probability of Bicycle Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bicycle Therapeutics' price. Additionally, you may evaluate how the addition of Bicycle Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Bicycle Therapeutics' 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 Bicycle Therapeutics. If investors know Bicycle 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 Bicycle Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.08) | Revenue Per Share 0.758 | Quarterly Revenue Growth 0.674 | Return On Assets (0.24) | Return On Equity (0.56) |
The market value of Bicycle Therapeutics is measured differently than its book value, which is the value of Bicycle that is recorded on the company's balance sheet. Investors also form their own opinion of Bicycle Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Bicycle Therapeutics' 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 Bicycle Therapeutics' market value can be influenced by many factors that don't directly affect Bicycle Therapeutics' 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 Bicycle Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bicycle Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bicycle Therapeutics' 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.