Galectoinc Stock Price on February 12, 2021
| GLTO Stock | USD 0.72 0.05 7.46% |
If you're considering investing in GalectoInc Stock, it is important to understand the factors that can impact its price. As of today, the current price of GalectoInc stands at 0.72, as last reported on the 19th of April, with the highest price reaching 0.72 and the lowest price hitting 0.65 during the day. GalectoInc appears to be dangerous, given 3 months investment horizon. GalectoInc holds Efficiency (Sharpe) Ratio of 0.0523, which attests that the entity had a 0.0523% return per unit of risk over the last 3 months. We have found thirty technical indicators for GalectoInc, which you can use to evaluate the volatility of the firm. Please utilize GalectoInc's Risk Adjusted Performance of 0.0341, downside deviation of 4.84, and Market Risk Adjusted Performance of 0.0979 to validate if our risk estimates are consistent with your expectations.
As of the 19th of April 2024, Total Stockholder Equity is likely to grow to about 60.8 M, while Common Stock Shares Outstanding is likely to drop about 24.8 M. . As of the 19th of April 2024, Price Earnings Ratio is likely to drop to -0.52. In addition to that, Price Book Value Ratio is likely to drop to 0.56. GalectoInc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GalectoInc |
Sharpe Ratio = 0.0523
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Estimated Market Risk
| 4.68 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average GalectoInc is performing at about 4% 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 GalectoInc by adding it to a well-diversified portfolio.
Price Book 0.5805 | Book Value 1.192 | Enterprise Value -14.6 M | Enterprise Value Ebitda 0.3967 | Shares Float 22.4 M |
GalectoInc Valuation on February 12, 2021
It is possible to determine the worth of GalectoInc on a given historical date. On February 12, 2021 GalectoInc was worth 2.3 at the beginning of the trading date compared to the closed value of 2.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GalectoInc stock. Still, in general, we apply an absolute valuation method to find GalectoInc'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 GalectoInc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GalectoInc's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 2.30 | 2.58 | 2.30 | 2.54 | 182,900 |
| 2.55 | 2.65 | 2.50 | 2.59 | 92,000 |
| Backtest GalectoInc | | | GalectoInc History | | | GalectoInc Valuation | Next |
GalectoInc Trading Date Momentum on February 12, 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.GalectoInc Fundamentals Correlations and Trends
By evaluating GalectoInc'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 GalectoInc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GalectoInc financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GalectoInc Stock history
GalectoInc 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 GalectoInc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GalectoInc 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 GalectoInc stock prices may prove useful in developing a viable investing in GalectoInc
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 26.6 M | 24.8 M | |
| Net Loss | -55.5 M | -58.2 M |
GalectoInc Quarterly Net Working Capital |
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GalectoInc Stock Technical Analysis
GalectoInc 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
GalectoInc Period Price Range
Low | April 4, 2022
| High |
2.30 | 2.54 |
GalectoInc April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how GalectoInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GalectoInc shares will generate the highest return on investment. By undertsting and applying GalectoInc stock market strength indicators, traders can identify GalectoInc entry and exit signals to maximize returns
GalectoInc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GalectoInc's price direction in advance. Along with the technical and fundamental analysis of GalectoInc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GalectoInc 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 | 0.0341 | |||
| Jensen Alpha | 0.0598 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0249 | |||
| Treynor Ratio | 0.0879 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GalectoInc. 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. To learn how to invest in GalectoInc Stock, please use our How to Invest in GalectoInc guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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When running GalectoInc's price analysis, check to measure GalectoInc'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 GalectoInc is operating at the current time. Most of GalectoInc's value examination focuses on studying past and present price action to predict the probability of GalectoInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GalectoInc's price. Additionally, you may evaluate how the addition of GalectoInc to your portfolios can decrease your overall portfolio volatility.
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Is GalectoInc'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 GalectoInc. If investors know GalectoInc 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 GalectoInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.44) | Return On Assets (0.41) | Return On Equity (0.82) |
The market value of GalectoInc is measured differently than its book value, which is the value of GalectoInc that is recorded on the company's balance sheet. Investors also form their own opinion of GalectoInc's value that differs from its market value or its book value, called intrinsic value, which is GalectoInc'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 GalectoInc's market value can be influenced by many factors that don't directly affect GalectoInc'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 GalectoInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if GalectoInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GalectoInc'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.