Inhibrxinc Stock Price on October 12, 2021
| INBX Stock | USD 34.10 0.22 0.64% |
If you're considering investing in InhibrxInc Stock, it is important to understand the factors that can impact its price. As of today, the current price of InhibrxInc stands at 34.10, as last reported on the 23rd of April, with the highest price reaching 34.40 and the lowest price hitting 33.86 during the day. InhibrxInc holds Efficiency (Sharpe) Ratio of -0.0668, which attests that the entity had a -0.0668% return per unit of risk over the last 3 months. InhibrxInc exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InhibrxInc's Market Risk Adjusted Performance of 0.1156, risk adjusted performance of 0.0273, and Downside Deviation of 1.55 to validate the risk estimate we provide.
At this time, InhibrxInc's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 323.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 38.2 M in 2024. . At this time, InhibrxInc's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 43.23 in 2024, whereas Price Earnings Ratio is likely to drop (7.79) in 2024. InhibrxInc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
InhibrxInc |
Sharpe Ratio = -0.0668
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | INBX |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.09 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 InhibrxInc 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 InhibrxInc by adding InhibrxInc to a well-diversified portfolio.
Price Book 38.1074 | Enterprise Value Ebitda (7.69) | Price Sales 920.9923 | Shares Float 22 M | Wall Street Target Price 35.5 |
InhibrxInc Valuation on October 12, 2021
It is possible to determine the worth of InhibrxInc on a given historical date. On October 12, 2021 InhibrxInc was worth 23.84 at the beginning of the trading date compared to the closed value of 22.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of InhibrxInc stock. Still, in general, we apply an absolute valuation method to find InhibrxInc'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 InhibrxInc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against InhibrxInc's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 23.84 | 24.74 | 22.70 | 22.93 | 218,900 |
| 22.94 | 23.19 | 21.01 | 21.13 | 311,600 |
| Backtest InhibrxInc | | | InhibrxInc History | | | InhibrxInc Valuation | Next |
InhibrxInc Trading Date Momentum on October 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.InhibrxInc Fundamentals Correlations and Trends
By evaluating InhibrxInc'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 InhibrxInc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. InhibrxInc financial account trend analysis is a perfect complement when working with valuation or volatility modules.About InhibrxInc Stock history
InhibrxInc 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 InhibrxInc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in InhibrxInc 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 InhibrxInc stock prices may prove useful in developing a viable investing in InhibrxInc
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 47.1 M | 38.2 M | |
| Net Loss | -130.7 M | -124.2 M |
InhibrxInc Stock Technical Analysis
InhibrxInc 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
InhibrxInc Period Price Range
Low | April 7, 2022
| High |
23.84 | 22.93 |
InhibrxInc April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how InhibrxInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading InhibrxInc shares will generate the highest return on investment. By undertsting and applying InhibrxInc stock market strength indicators, traders can identify InhibrxInc entry and exit signals to maximize returns
| Accumulation Distribution | 18049.96 | |||
| Daily Balance Of Power | (0.45) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 23.72 | |||
| Day Typical Price | 23.46 | |||
| Price Action Indicator | (1.24) | |||
| Period Momentum Indicator | 11.17 |
InhibrxInc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for InhibrxInc's price direction in advance. Along with the technical and fundamental analysis of InhibrxInc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of InhibrxInc 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 | 0.0273 | |||
| Jensen Alpha | 0.0143 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1056 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InhibrxInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy InhibrxInc Stock please use our How to Invest in InhibrxInc guide.Note that the InhibrxInc information on this page should be used as a complementary analysis to other InhibrxInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for InhibrxInc Stock analysis
When running InhibrxInc's price analysis, check to measure InhibrxInc'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 InhibrxInc is operating at the current time. Most of InhibrxInc's value examination focuses on studying past and present price action to predict the probability of InhibrxInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InhibrxInc's price. Additionally, you may evaluate how the addition of InhibrxInc to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Is InhibrxInc'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 InhibrxInc. If investors know InhibrxInc 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 InhibrxInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.12) | Revenue Per Share 0.038 | Quarterly Revenue Growth 4.964 | Return On Assets (0.46) | Return On Equity (4.75) |
The market value of InhibrxInc is measured differently than its book value, which is the value of InhibrxInc that is recorded on the company's balance sheet. Investors also form their own opinion of InhibrxInc's value that differs from its market value or its book value, called intrinsic value, which is InhibrxInc'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 InhibrxInc's market value can be influenced by many factors that don't directly affect InhibrxInc'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 InhibrxInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if InhibrxInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InhibrxInc'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.