Cynata Therapeutics Limited Stock Price on December 7, 2021
| CYYNF Stock | USD 0.11 0.00 0.00% |
If you're considering investing in Cynata Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Cynata Therapeutics stands at 0.11, as last reported on the 16th of April 2024, with the highest price reaching 0.11 and the lowest price hitting 0.11 during the day. Cynata Therapeutics appears to be out of control, given 3 months investment horizon. Cynata Therapeutics secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing Cynata Therapeutics' technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please makes use of Cynata Therapeutics' Mean Deviation of 1.58, standard deviation of 6.5, and Risk Adjusted Performance of 0.0862 to double-check if our risk estimates are consistent with your expectations.
Cynata Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Cynata |
Sharpe Ratio = 0.127
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Estimated Market Risk
| 6.7 actual daily | 59 59% of assets are less volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Cynata Therapeutics is performing at about 9% 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 Cynata Therapeutics by adding it to a well-diversified portfolio.
Cynata Therapeutics Valuation on December 7, 2021
It is possible to determine the worth of Cynata Therapeutics on a given historical date. On December 7, 2021 Cynata was worth 0.3 at the beginning of the trading date compared to the closed value of 0.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cynata Therapeutics pink sheet. Still, in general, we apply an absolute valuation method to find Cynata 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 Cynata Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cynata Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 0.30 | 0.30 | 0.30 | 0.30 | 1.00 |
| 0.30 | 0.30 | 0.30 | 0.30 | 1.00 |
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Cynata Therapeutics Trading Date Momentum on December 7, 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.Cynata Therapeutics Fundamentals Correlations and Trends
By evaluating Cynata 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 Cynata Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cynata financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cynata Therapeutics Pink Sheet history
Cynata 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 Cynata is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cynata 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 Cynata Therapeutics stock prices may prove useful in developing a viable investing in Cynata Therapeutics
Cynata Therapeutics Limited, together with its subsidiaries, develops and commercializes a proprietary mesenchymal stem cell technology under the Cymerus brand for human therapeutic use in Australia. Cynata Therapeutics Limited was founded in 2011 and is based in Cremorne, Australia. Cynata Therapeutics operates under Biotechnology classification in the United States and is traded on OTC Exchange.
Cynata Therapeutics Pink Sheet Technical Analysis
Cynata Therapeutics 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.
Price Boundaries
Cynata Therapeutics Period Price Range
Low | April 1, 2022
| High |
0.30 | 0.30 |
Cynata Therapeutics April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Cynata Therapeutics 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 Cynata Therapeutics shares will generate the highest return on investment. By undertsting and applying Cynata Therapeutics pink sheet market strength indicators, traders can identify Cynata Therapeutics Limited entry and exit signals to maximize returns
Cynata Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cynata Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Cynata Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cynata 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 | 0.0862 | |||
| Jensen Alpha | 0.7119 | |||
| Total Risk Alpha | 0.2436 | |||
| Treynor Ratio | 0.5351 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cynata Therapeutics Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Cynata Pink Sheet analysis
When running Cynata Therapeutics' price analysis, check to measure Cynata 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 Cynata Therapeutics is operating at the current time. Most of Cynata Therapeutics' value examination focuses on studying past and present price action to predict the probability of Cynata Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cynata Therapeutics' price. Additionally, you may evaluate how the addition of Cynata Therapeutics to your portfolios can decrease your overall portfolio volatility.
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