Incyte Stock Price on May 23, 2024
| INCY Stock | USD 61.44 1.25 1.99% |
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 61.44, as last reported on the 19th of June, with the highest price reaching 64.30 and the lowest price hitting 61.18 during the day.
If you're considering investing in Incyte Stock, it is important to understand the factors that can impact its price. We consider Incyte very steady. Incyte holds Efficiency (Sharpe) Ratio of 0.0721, which attests that the entity had a 0.0721% return per unit of risk over the last 3 months. We have found thirty technical indicators for Incyte, which you can use to evaluate the volatility of the firm. Please check out Incyte's Market Risk Adjusted Performance of 0.2423, risk adjusted performance of 0.0421, and Downside Deviation of 0.9989 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
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 To Sales Ratio is likely to drop 3.61 in 2024. Incyte Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of November 1993 | 200 Day MA 57.9202 | 50 Day MA 55.9778 | Beta 0.744 |
Incyte |
Sharpe Ratio = 0.0721
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| Cash | Small Risk | INCY | High Risk | Huge Risk |
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Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Incyte is performing at about 5% 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 Incyte by adding it to a well-diversified portfolio.
Price Book 2.3306 | Enterprise Value Ebitda 9.2204 | Price Sales 3.2716 | Shares Float 223 M | Wall Street Target Price 71.87 |
Incyte Valuation on May 23, 2024
It is possible to determine the worth of Incyte on a given historical date. On May 23, 2024 Incyte was worth 57.87 at the beginning of the trading date compared to the closed value of 57.45. 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 | |
| 57.38 | 58.38 | 57.34 | 58.20 | 2,667,116 | |
05/23/2024 | 57.87 | 58.19 | 57.28 | 57.45 | 2,205,958 |
| 57.56 | 57.78 | 57.19 | 57.31 | 1,966,856 |
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Incyte Trading Date Momentum on May 23, 2024
| On May 24 2024 Incyte was traded for 57.31 at the closing time. The top price for the day was 57.78 and the lowest listed price was 57.19 . The trading volume for the day was 2 M. The trading history from May 24, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.24% . The trading delta at closing time against the current closing price is 0.19% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 225.9 M | 130.7 M | |
| Net Income Applicable To Common Shares | 391.8 M | 411.3 M |
Incyte Quarterly Net Working Capital |
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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.
Price Boundaries
Incyte Period Price Range
Low | May 23, 2024
| High |
57.87 | 57.45 |
Incyte June 19, 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
| Accumulation Distribution | 34497.71 | |||
| Daily Balance Of Power | (0.46) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 57.74 | |||
| Day Typical Price | 57.64 | |||
| Price Action Indicator | (0.49) | |||
| Period Momentum Indicator | 3.99 | |||
| Relative Strength Index | 61.95 |
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.
| Risk Adjusted Performance | 0.0421 | |||
| Jensen Alpha | 0.0782 | |||
| Total Risk Alpha | 0.0739 | |||
| Sortino Ratio | 0.077 | |||
| Treynor Ratio | 0.2323 |
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Additional 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.