Inhibrx Stock Price on May 24, 2024
| INBX Stock | USD 15.70 0.89 5.36% |
If you're considering investing in Inhibrx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Inhibrx stands at 15.70, as last reported on the 17th of June 2024, with the highest price reaching 16.65 and the lowest price hitting 15.65 during the day. Inhibrx holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Inhibrx exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inhibrx's Standard Deviation of 7.71, market risk adjusted performance of (0.33), and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
At this time, Inhibrx'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, Inhibrx'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. Inhibrx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Inhibrx |
Sharpe Ratio = -0.1065
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Estimated Market Risk
| 8.63 actual daily | 76 76% of assets are less volatile |
Expected Return
| -0.92 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Inhibrx 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 Inhibrx by adding Inhibrx to a well-diversified portfolio.
Price Book 38.1074 | Enterprise Value Ebitda (7.69) | Price Sales 920.9923 | Shares Float 29.1 M | Wall Street Target Price 35.5 |
Related Headline
Dermata Therapeutics Headline on 24th of May 2024
Acquisition by Scott Kathleen D. of 10000 shares of Dermata ... by MacroaxisInsider
Filed transaction by Dermata Therapeutics Director. Grant, award or other acquisition pursuant to Rule 16b-3
Inhibrx Valuation on May 24, 2024
It is possible to determine the worth of Inhibrx on a given historical date. On May 24, 2024 Inhibrx was worth 34.21 at the beginning of the trading date compared to the closed value of 34.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inhibrx stock. Still, in general, we apply an absolute valuation method to find Inhibrx'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 Inhibrx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inhibrx's related companies.
| Open | High | Low | Close | Volume | |
| 34.44 | 34.48 | 34.19 | 34.19 | 763,582 | |
05/24/2024 | 34.21 | 34.38 | 34.08 | 34.14 | 865,000 |
| 34.25 | 34.58 | 34.23 | 34.35 | 1,872,500 |
| Backtest Inhibrx | | | Inhibrx History | | | Inhibrx Valuation | Previous | Next |
Inhibrx Trading Date Momentum on May 24, 2024
| On May 28 2024 Inhibrx was traded for 34.35 at the closing time. The top price for the day was 34.58 and the lowest listed price was 34.23 . The trading volume for the day was 1.9 M. The trading history from May 28, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.62% . The trading delta at closing time against the current closing price is 45.96% . |
Inhibrx Fundamentals Correlations and Trends
By evaluating Inhibrx'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 Inhibrx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Inhibrx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Inhibrx Stock history
Inhibrx 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 Inhibrx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inhibrx 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 Inhibrx stock prices may prove useful in developing a viable investing in Inhibrx
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 47.1 M | 38.2 M | |
| Net Loss | -130.7 M | -124.2 M |
Inhibrx Stock Technical Analysis
Inhibrx 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
Inhibrx Period Price Range
Low | May 24, 2024
| High |
34.21 | 34.14 |
Inhibrx June 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Inhibrx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Inhibrx shares will generate the highest return on investment. By undertsting and applying Inhibrx stock market strength indicators, traders can identify Inhibrx entry and exit signals to maximize returns
| Accumulation Distribution | 7547.99 | |||
| Daily Balance Of Power | (0.23) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 34.23 | |||
| Day Typical Price | 34.2 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (18.44) |
Inhibrx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Inhibrx's price direction in advance. Along with the technical and fundamental analysis of Inhibrx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Inhibrx 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 | (0.07) | |||
| Jensen Alpha | (0.94) | |||
| Total Risk Alpha | (1.20) | |||
| Treynor Ratio | (0.34) |
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Additional Tools for Inhibrx Stock Analysis
When running Inhibrx's price analysis, check to measure Inhibrx'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 Inhibrx is operating at the current time. Most of Inhibrx's value examination focuses on studying past and present price action to predict the probability of Inhibrx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inhibrx's price. Additionally, you may evaluate how the addition of Inhibrx to your portfolios can decrease your overall portfolio volatility.