Biogen Inc Stock Price on April 22, 2021
| BIIB Stock | USD 200.41 7.23 3.74% |
Below is the normalized historical share price chart for Biogen Inc extending back to September 17, 1991. 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 Biogen stands at 200.41, as last reported on the 24th of April, with the highest price reaching 200.41 and the lowest price hitting 192.75 during the day.
If you're considering investing in Biogen Stock, it is important to understand the factors that can impact its price. Biogen Inc secures Sharpe Ratio (or Efficiency) of -0.23, which signifies that the company had a -0.23% return per unit of risk over the last 3 months. Biogen Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biogen's Mean Deviation of 1.11, risk adjusted performance of (0.14), and Standard Deviation of 1.58 to double-check the risk estimate we provide.
At present, Biogen's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 283 M, whereas Other Stockholder Equity is projected to grow to (2.5 B). . At present, Biogen's Price To Operating Cash Flows Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 31.81, whereas Price To Sales Ratio is forecasted to decline to 3.62. Biogen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of September 1991 | 200 Day MA 244.4427 | 50 Day MA 214.285 | Beta (0.01) |
Biogen |
Sharpe Ratio = -0.2329
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| Negative Returns | BIIB |
Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Biogen 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 Biogen by adding Biogen to a well-diversified portfolio.
Price Book 1.9465 | Enterprise Value Ebitda 17.2165 | Price Sales 2.9289 | Shares Float 144.8 M | Wall Street Target Price 297.8 |
Biogen Valuation on April 22, 2021
It is possible to determine the worth of Biogen on a given historical date. On April 22, 2021 Biogen was worth 213.12 at the beginning of the trading date compared to the closed value of 210.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biogen stock. Still, in general, we apply an absolute valuation method to find Biogen'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 Biogen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biogen's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 213.12 | 216.00 | 210.55 | 210.62 | 868,994 |
| 211.01 | 212.91 | 206.62 | 208.06 | 976,141 |
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Biogen Trading Date Momentum on April 22, 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.Biogen Inc Fundamentals Correlations and Trends
By evaluating Biogen'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 Biogen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biogen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Biogen Stock history
Biogen 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 Biogen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biogen Inc 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 Biogen stock prices may prove useful in developing a viable investing in Biogen
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 145.6 M | 283 M | |
| Net Income Applicable To Common Shares | 3.5 B | 2 B |
Biogen Quarterly Net Working Capital |
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Biogen Stock Technical Analysis
Biogen 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
Biogen Period Price Range
Low | April 11, 2022
| High |
213.12 | 210.62 |
Biogen April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Biogen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biogen shares will generate the highest return on investment. By undertsting and applying Biogen stock market strength indicators, traders can identify Biogen Inc entry and exit signals to maximize returns
| Accumulation Distribution | 21926.01 | |||
| Daily Balance Of Power | (0.46) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 213.28 | |||
| Day Typical Price | 212.39 | |||
| Price Action Indicator | (3.91) | |||
| Period Momentum Indicator | (10.21) | |||
| Relative Strength Index | 38.46 |
Biogen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Biogen's price direction in advance. Along with the technical and fundamental analysis of Biogen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biogen 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 | (0.14) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.30) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biogen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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When running Biogen's price analysis, check to measure Biogen'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 Biogen is operating at the current time. Most of Biogen's value examination focuses on studying past and present price action to predict the probability of Biogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biogen's price. Additionally, you may evaluate how the addition of Biogen to your portfolios can decrease your overall portfolio volatility.
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Is Biogen'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 Biogen. If investors know Biogen 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 Biogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share 7.98 | Revenue Per Share 67.972 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0458 |
The market value of Biogen Inc is measured differently than its book value, which is the value of Biogen that is recorded on the company's balance sheet. Investors also form their own opinion of Biogen's value that differs from its market value or its book value, called intrinsic value, which is Biogen'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 Biogen's market value can be influenced by many factors that don't directly affect Biogen'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 Biogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biogen'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.