Editas Medicine Stock Price on April 14, 2022
| EDIT Stock | USD 5.35 0.11 2.01% |
Below is the normalized historical share price chart for Editas Medicine extending back to February 03, 2016. 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 Editas Medicine stands at 5.35, as last reported on the 25th of April, with the highest price reaching 5.92 and the lowest price hitting 5.35 during the day.
If you're considering investing in Editas Stock, it is important to understand the factors that can impact its price. Editas Medicine secures Sharpe Ratio (or Efficiency) of -0.0746, which denotes the company had a -0.0746% return per unit of risk over the last 3 months. Editas Medicine exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Editas Medicine's Standard Deviation of 5.01, variance of 25.08, and Mean Deviation of 3.31 to check the risk estimate we provide.
At this time, Editas Medicine's Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 23.5 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 239.8 M in 2024. . At this time, Editas Medicine's Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 2.31 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.15 in 2024. Editas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of February 2016 | 200 Day MA 8.3708 | 50 Day MA 7.6856 | Beta 2.018 |
Editas |
Sharpe Ratio = -0.0746
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| Negative Returns | EDIT |
Estimated Market Risk
| 5.07 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Editas Medicine 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 Editas Medicine by adding Editas Medicine to a well-diversified portfolio.
Price Book 1.4554 | Enterprise Value Ebitda (1.36) | Price Sales 6.5034 | Shares Float 76.1 M | Wall Street Target Price 15.64 |
Editas Medicine Valuation on April 14, 2022
It is possible to determine the worth of Editas Medicine on a given historical date. On April 14, 2022 Editas was worth 18.6 at the beginning of the trading date compared to the closed value of 16.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Editas Medicine stock. Still, in general, we apply an absolute valuation method to find Editas Medicine'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 Editas Medicine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Editas Medicine's related companies.
| Open | High | Low | Close | Volume | |
| 18.01 | 18.97 | 17.83 | 18.77 | 974,000 | |
04/14/2022 | 18.60 | 18.76 | 16.64 | 16.67 | 1,498,100 |
| 16.55 | 16.61 | 15.26 | 15.71 | 2,414,900 |
| Backtest Editas Medicine | | | Editas Medicine History | | | Editas Medicine Valuation | Previous | Next |
Editas Medicine Trading Date Momentum on April 14, 2022
| On April 18 2022 Editas Medicine was traded for 15.71 at the closing time. The top price for the day was 16.61 and the lowest listed price was 15.26 . The trading volume for the day was 2.4 M. The trading history from April 18, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.76% . The overall trading delta against the current closing price is 12.78% . |
Editas Medicine Fundamentals Correlations and Trends
By evaluating Editas Medicine'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 Editas Medicine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Editas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Editas Medicine Stock history
Editas Medicine 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 Editas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Editas Medicine 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 Editas Medicine stock prices may prove useful in developing a viable investing in Editas Medicine
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 76 M | 49.3 M | |
| Net Loss | -198.4 M | -188.5 M |
Editas Medicine Quarterly Net Working Capital |
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Editas Medicine Stock Technical Analysis
Editas Medicine 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
Editas Medicine Period Price Range
Low | April 14, 2022
| High |
18.60 | 16.67 |
Editas Medicine April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Editas Medicine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Editas Medicine shares will generate the highest return on investment. By undertsting and applying Editas Medicine stock market strength indicators, traders can identify Editas Medicine entry and exit signals to maximize returns
| Accumulation Distribution | 169295.0 | |||
| Daily Balance Of Power | (0.91) | |||
| Rate Of Daily Change | 0.9 | |||
| Day Median Price | 17.7 | |||
| Day Typical Price | 17.36 | |||
| Price Action Indicator | (1.99) | |||
| Period Momentum Indicator | (11.32) | |||
| Relative Strength Index | 11.27 |
Editas Medicine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Editas Medicine's price direction in advance. Along with the technical and fundamental analysis of Editas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Editas 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 | (0.05) | |||
| Jensen Alpha | (0.71) | |||
| Total Risk Alpha | (1.17) | |||
| Treynor Ratio | (0.18) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Editas Medicine. 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. For more information on how to buy Editas Stock please use our How to Invest in Editas Medicine guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Editas Stock analysis
When running Editas Medicine's price analysis, check to measure Editas Medicine'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 Editas Medicine is operating at the current time. Most of Editas Medicine's value examination focuses on studying past and present price action to predict the probability of Editas Medicine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Editas Medicine's price. Additionally, you may evaluate how the addition of Editas Medicine to your portfolios can decrease your overall portfolio volatility.
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Is Editas Medicine'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 Editas Medicine. If investors know Editas 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 Editas Medicine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.02) | Revenue Per Share 1.028 | Quarterly Revenue Growth 8.187 | Return On Assets (0.21) | Return On Equity (0.43) |
The market value of Editas Medicine is measured differently than its book value, which is the value of Editas that is recorded on the company's balance sheet. Investors also form their own opinion of Editas Medicine's value that differs from its market value or its book value, called intrinsic value, which is Editas Medicine'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 Editas Medicine's market value can be influenced by many factors that don't directly affect Editas Medicine'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 Editas Medicine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Editas Medicine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Editas Medicine'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.