Black Diamond Therapeutics Stock Price on August 10, 2021
| BDTX Stock | USD 5.06 0.05 1.00% |
Below is the normalized historical share price chart for Black Diamond Therapeutics extending back to January 30, 2020. 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 Black Diamond stands at 5.06, as last reported on the 24th of April, with the highest price reaching 5.27 and the lowest price hitting 4.97 during the day.
If you're considering investing in Black Stock, it is important to understand the factors that can impact its price. Black Diamond is relatively risky given 3 months investment horizon. Black Diamond Therap secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.1% are justified by taking the suggested risk. Use Black Diamond risk adjusted performance of 0.1167, and Mean Deviation of 5.03 to evaluate company specific risk that cannot be diversified away.
At this time, Black Diamond's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 166.5 M in 2024, whereas Common Stock Total Equity is likely to drop 3,300 in 2024. . At this time, Black Diamond's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.08 in 2024, whereas Price Earnings Ratio is likely to drop (1.57) in 2024. Black Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of January 2020 | 200 Day MA 3.4781 | 50 Day MA 4.8721 | Beta 2.643 |
Black |
Sharpe Ratio = 0.1699
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Estimated Market Risk
| 6.46 actual daily | 57 57% of assets are less volatile |
Expected Return
| 1.1 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Black Diamond is performing at about 13% 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 Black Diamond by adding it to a well-diversified portfolio.
Price Book 2.3215 | Book Value 2.26 | Enterprise Value 153 M | Enterprise Value Ebitda (1.92) | Shares Float 36.2 M |
Black Diamond Valuation on August 10, 2021
It is possible to determine the worth of Black Diamond on a given historical date. On August 10, 2021 Black was worth 3.31 at the beginning of the trading date compared to the closed value of 3.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Black Diamond stock. Still, in general, we apply an absolute valuation method to find Black Diamond'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 Black Diamond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Black Diamond's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 3.31 | 3.36 | 3.16 | 3.35 | 249,990 |
| 3.38 | 3.57 | 3.34 | 3.47 | 304,431 |
| Backtest Black Diamond | | | Black Diamond History | | | Black Diamond Valuation | Next |
Black Diamond Trading Date Momentum on August 10, 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.Black Diamond Therap Fundamentals Correlations and Trends
By evaluating Black Diamond'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 Black Diamond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Black financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Black Diamond Stock history
Black Diamond 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 Black is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Black Diamond Therap 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 Black Diamond stock prices may prove useful in developing a viable investing in Black Diamond
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 44 M | 32.4 M | |
| Net Loss | -82.1 M | -86.2 M |
Black Diamond Quarterly Net Working Capital |
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Black Diamond Stock Technical Analysis
Black Diamond 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
Black Diamond Period Price Range
Low | April 11, 2022
| High |
3.31 | 3.35 |
Black Diamond April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Black Diamond stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Black Diamond shares will generate the highest return on investment. By undertsting and applying Black Diamond stock market strength indicators, traders can identify Black Diamond Therapeutics entry and exit signals to maximize returns
| Accumulation Distribution | 14880.36 | |||
| Daily Balance Of Power | 0.2 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 3.26 | |||
| Day Typical Price | 3.29 | |||
| Price Action Indicator | 0.11 | |||
| Period Momentum Indicator | 1.71 |
Black Diamond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Black Diamond's price direction in advance. Along with the technical and fundamental analysis of Black Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Black 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 | 0.1167 | |||
| Jensen Alpha | 0.9472 | |||
| Total Risk Alpha | 0.2184 | |||
| Sortino Ratio | 0.2083 | |||
| Treynor Ratio | 0.6495 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Diamond 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 estimate. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Black Stock analysis
When running Black Diamond's price analysis, check to measure Black Diamond'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 Black Diamond is operating at the current time. Most of Black Diamond's value examination focuses on studying past and present price action to predict the probability of Black Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Diamond's price. Additionally, you may evaluate how the addition of Black Diamond to your portfolios can decrease your overall portfolio volatility.
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Is Black Diamond'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 Black Diamond. If investors know Black 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 Black Diamond listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.88) | Return On Assets (0.34) | Return On Equity (0.71) |
The market value of Black Diamond Therap is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Diamond's value that differs from its market value or its book value, called intrinsic value, which is Black Diamond'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 Black Diamond's market value can be influenced by many factors that don't directly affect Black Diamond'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 Black Diamond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Diamond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Diamond'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.