Morphic Holding Stock Price on May 13, 2024
| MORF Stock | USD 30.80 3.04 10.95% |
Below is the normalized historical share price chart for Morphic Holding extending back to June 27, 2019. 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 Morphic Holding stands at 30.80, as last reported on the 28th of May, with the highest price reaching 31.00 and the lowest price hitting 27.47 during the day.
If you're considering investing in Morphic Stock, it is important to understand the factors that can impact its price. Morphic Holding has Sharpe Ratio of -0.0697, which conveys that the firm had a -0.0697% return per unit of risk over the last 3 months. Morphic Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Morphic Holding's Mean Deviation of 2.74, risk adjusted performance of (0.02), and Standard Deviation of 3.64 to check out the risk estimate we provide.
At this time, Morphic Holding's Other Stockholder Equity is most likely to increase significantly in the upcoming years. The Morphic Holding's current Stock Based Compensation is estimated to increase to about 43 M, while Capital Stock is projected to decrease to 3,483. . At this time, Morphic Holding's Price To Book Ratio is most likely to increase significantly in the upcoming years. The Morphic Holding's current Price Sales Ratio is estimated to increase to 2,467, while Price Earnings To Growth Ratio is projected to decrease to (0.06). Morphic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of June 2019 | 200 Day MA 32.4259 | 50 Day MA 30.2662 | Beta 1.476 |
Morphic |
Sharpe Ratio = -0.0697
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| Negative Returns | MORF |
Estimated Market Risk
| 3.6 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.25 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 Morphic Holding 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 Morphic Holding by adding Morphic Holding to a well-diversified portfolio.
Price Book 2.0574 | Enterprise Value Ebitda (4.12) | Price Sales 2.8 K | Shares Float 33.7 M | Wall Street Target Price 56 |
Related Headline
SEI Investments Headline on 13th of May 2024
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Morphic Holding Valuation on May 13, 2024
It is possible to determine the worth of Morphic Holding on a given historical date. On May 13, 2024 Morphic was worth 28.87 at the beginning of the trading date compared to the closed value of 28.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Morphic Holding stock. Still, in general, we apply an absolute valuation method to find Morphic Holding'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 Morphic Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Morphic Holding's related companies.
| Open | High | Low | Close | Volume | |
| 29.38 | 29.66 | 28.00 | 28.62 | 280,372 | |
05/13/2024 | 28.87 | 29.50 | 28.47 | 28.68 | 463,541 |
| 29.11 | 29.17 | 28.25 | 28.36 | 246,922 |
| Backtest Morphic Holding | | | Morphic Holding History | | | Morphic Holding Valuation | Previous | Next |
Morphic Holding Trading Date Momentum on May 13, 2024
| On May 14 2024 Morphic Holding was traded for 28.36 at the closing time. The top price for the day was 29.17 and the lowest listed price was 28.25 . The trading volume for the day was 246.9 K. The trading history from May 14, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.12% . The trading delta at closing time against the current closing price is 2.86% . |
Morphic Holding Fundamentals Correlations and Trends
By evaluating Morphic Holding'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 Morphic Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Morphic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Morphic Holding Stock history
Morphic Holding 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 Morphic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Morphic Holding 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 Morphic Holding stock prices may prove useful in developing a viable investing in Morphic Holding
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 42.4 M | 35 M | |
| Net Loss | -53.1 M | -55.8 M |
Morphic Holding Quarterly Net Working Capital |
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Morphic Holding Stock Technical Analysis
Morphic Holding 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
Morphic Holding Period Price Range
Low | May 13, 2024
| High |
28.87 | 28.68 |
Morphic Holding May 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Morphic Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Morphic Holding shares will generate the highest return on investment. By undertsting and applying Morphic Holding stock market strength indicators, traders can identify Morphic Holding entry and exit signals to maximize returns
| Accumulation Distribution | 16184.65 | |||
| Daily Balance Of Power | (0.18) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 28.99 | |||
| Day Typical Price | 28.88 | |||
| Price Action Indicator | (0.40) | |||
| Period Momentum Indicator | 2.12 | |||
| Relative Strength Index | 48.55 |
Morphic Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Morphic Holding's price direction in advance. Along with the technical and fundamental analysis of Morphic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Morphic 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 | (0.02) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.07) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morphic Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Morphic Stock please use our How to Invest in Morphic Holding guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Morphic Stock analysis
When running Morphic Holding's price analysis, check to measure Morphic Holding'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 Morphic Holding is operating at the current time. Most of Morphic Holding's value examination focuses on studying past and present price action to predict the probability of Morphic Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morphic Holding's price. Additionally, you may evaluate how the addition of Morphic Holding to your portfolios can decrease your overall portfolio volatility.
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Is Morphic Holding'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 Morphic Holding. If investors know Morphic 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 Morphic Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.60) | Quarterly Revenue Growth (1.00) | Return On Assets (0.21) | Return On Equity (0.30) |
The market value of Morphic Holding is measured differently than its book value, which is the value of Morphic that is recorded on the company's balance sheet. Investors also form their own opinion of Morphic Holding's value that differs from its market value or its book value, called intrinsic value, which is Morphic Holding'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 Morphic Holding's market value can be influenced by many factors that don't directly affect Morphic Holding'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 Morphic Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morphic Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morphic Holding'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.