Incyte Stock Price on August 23, 2021

INCY Stock  USD 56.97  0.15  0.26%   
Below is the normalized historical share price chart for Incyte extending back to November 04, 1993. 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 Incyte stands at 56.97, as last reported on the 29th of March, with the highest price reaching 57.40 and the lowest price hitting 56.61 during the day.
IPO Date
4th of November 1993
200 Day MA
60.0403
50 Day MA
59.2042
Beta
0.655
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Incyte Stock, it is important to understand the factors that can impact its price. Incyte holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Incyte exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Incyte's Standard Deviation of 1.47, market risk adjusted performance of (0.56), and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
  
At this time, Incyte's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 7.1 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 130.7 M in 2024. . At this time, Incyte's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.33 in 2024, whereas Price Earnings Ratio is likely to drop 22.32 in 2024. Incyte Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1536

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Estimated Market Risk

 1.42
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Incyte 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 Incyte by adding Incyte to a well-diversified portfolio.
Price Book
2.4712
Enterprise Value Ebitda
10.014
Price Sales
3.4703
Shares Float
187 M
Wall Street Target Price
75.41

Incyte Valuation on August 23, 2021

It is possible to determine the worth of Incyte on a given historical date. On August 23, 2021 Incyte was worth 72.37 at the beginning of the trading date compared to the closed value of 73.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Incyte stock. Still, in general, we apply an absolute valuation method to find Incyte'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 Incyte where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Incyte's related companies.
 Open High Low Close Volume
03/15/2022
  72.37    73.46    72.01    73.31    1,382,200  
  75.08    75.23    73.22    74.60    2,292,100  
Backtest Incyte  |  Incyte History  |  Incyte Valuation Next  
Open Value
72.37
73.31
Closing Value
76.62
Upside

Incyte Trading Date Momentum on August 23, 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.

Incyte Fundamentals Correlations and Trends

By evaluating Incyte'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 Incyte's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Incyte financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Incyte Stock history

Incyte 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 Incyte is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Incyte 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 Incyte stock prices may prove useful in developing a viable investing in Incyte
Last ReportedProjected for 2024
Common Stock Shares Outstanding225.9 M130.7 M
Net Income Applicable To Common Shares391.8 M411.3 M

Incyte Quarterly Net Working Capital

3.41 Billion

Incyte Stock Technical Analysis

Incyte 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.
A focus of Incyte technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Incyte trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Incyte Period Price Range

Low
March 15, 2022
0.94  1.30%
High

 72.37 

     

 73.31 

Incyte March 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Incyte stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Incyte shares will generate the highest return on investment. By undertsting and applying Incyte stock market strength indicators, traders can identify Incyte entry and exit signals to maximize returns

Incyte Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Incyte's price direction in advance. Along with the technical and fundamental analysis of Incyte Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Incyte 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.
When determining whether Incyte offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Incyte's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Incyte Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Incyte Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Incyte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Incyte Stock please use our How to Invest in Incyte guide.
Note that the Incyte information on this page should be used as a complementary analysis to other Incyte'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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Incyte Stock analysis

When running Incyte's price analysis, check to measure Incyte'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 Incyte is operating at the current time. Most of Incyte's value examination focuses on studying past and present price action to predict the probability of Incyte's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Incyte's price. Additionally, you may evaluate how the addition of Incyte to your portfolios can decrease your overall portfolio volatility.
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Is Incyte'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 Incyte. If investors know Incyte 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 Incyte listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
6.324
Earnings Share
2.65
Revenue Per Share
16.526
Quarterly Revenue Growth
0.093
Return On Assets
0.0646
The market value of Incyte is measured differently than its book value, which is the value of Incyte that is recorded on the company's balance sheet. Investors also form their own opinion of Incyte's value that differs from its market value or its book value, called intrinsic value, which is Incyte'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 Incyte's market value can be influenced by many factors that don't directly affect Incyte'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 Incyte's value and its price as these two are different measures arrived at by different means. Investors typically determine if Incyte is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incyte'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.