Nurix Therapeuticsinc Stock Price on October 23, 2020
| NRIX Stock | USD 13.59 0.85 5.89% |
If you're considering investing in Nurix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nurix TherapeuticsInc stands at 13.59, as last reported on the 19th of April, with the highest price reaching 14.84 and the lowest price hitting 12.95 during the day. Nurix TherapeuticsInc is somewhat reliable given 3 months investment horizon. Nurix TherapeuticsInc has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use Nurix TherapeuticsInc Downside Deviation of 4.06, mean deviation of 4.18, and Risk Adjusted Performance of 0.1063 to evaluate company specific risk that cannot be diversified away.
At this time, Nurix TherapeuticsInc's Other Stockholder Equity is fairly stable compared to the past year. Sale Purchase Of Stock is likely to rise to about 141.5 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 191.1 M in 2024. . At this time, Nurix TherapeuticsInc's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to rise to 1.59 in 2024, whereas Price To Sales Ratio is likely to drop 4.80 in 2024. Nurix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nurix |
Sharpe Ratio = 0.1868
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Estimated Market Risk
| 5.97 actual daily | 52 52% of assets are less volatile |
Expected Return
| 1.11 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Nurix TherapeuticsInc is performing at about 14% 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 Nurix TherapeuticsInc by adding it to a well-diversified portfolio.
Price Book 4.8758 | Enterprise Value Ebitda (4.25) | Price Sales 10.172 | Shares Float 39.6 M | Wall Street Target Price 24.6 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Nurix TherapeuticsInc Stock history
Nurix TherapeuticsInc 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 Nurix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nurix TherapeuticsInc 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 Nurix TherapeuticsInc stock prices may prove useful in developing a viable investing in Nurix TherapeuticsInc
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 62.5 M | 39.7 M | |
| Net Loss | -162.3 M | -154.2 M |
Nurix TherapeuticsInc Quarterly Net Working Capital |
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Nurix TherapeuticsInc Stock Technical Analysis
Nurix TherapeuticsInc 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
Nurix TherapeuticsInc Period Price Range
Nurix TherapeuticsInc April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Nurix TherapeuticsInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nurix TherapeuticsInc shares will generate the highest return on investment. By undertsting and applying Nurix TherapeuticsInc stock market strength indicators, traders can identify Nurix TherapeuticsInc entry and exit signals to maximize returns
| Accumulation Distribution | 129559.0 | |||
| Daily Balance Of Power | (0.45) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 13.9 | |||
| Day Typical Price | 13.79 | |||
| Price Action Indicator | (0.73) | |||
| Period Momentum Indicator | (0.85) |
Nurix TherapeuticsInc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nurix TherapeuticsInc's price direction in advance. Along with the technical and fundamental analysis of Nurix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nurix 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 | 0.1063 | |||
| Jensen Alpha | 0.6926 | |||
| Total Risk Alpha | 0.3595 | |||
| Sortino Ratio | 0.2114 | |||
| Treynor Ratio | 0.2386 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nurix TherapeuticsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Nurix Stock please use our How to Invest in Nurix TherapeuticsInc guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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When running Nurix TherapeuticsInc's price analysis, check to measure Nurix TherapeuticsInc'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 Nurix TherapeuticsInc is operating at the current time. Most of Nurix TherapeuticsInc's value examination focuses on studying past and present price action to predict the probability of Nurix TherapeuticsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nurix TherapeuticsInc's price. Additionally, you may evaluate how the addition of Nurix TherapeuticsInc to your portfolios can decrease your overall portfolio volatility.
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Is Nurix TherapeuticsInc'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 Nurix TherapeuticsInc. If investors know Nurix 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 Nurix TherapeuticsInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.66) | Revenue Per Share 1.483 | Quarterly Revenue Growth 0.307 | Return On Assets (0.29) | Return On Equity (0.65) |
The market value of Nurix TherapeuticsInc is measured differently than its book value, which is the value of Nurix that is recorded on the company's balance sheet. Investors also form their own opinion of Nurix TherapeuticsInc's value that differs from its market value or its book value, called intrinsic value, which is Nurix TherapeuticsInc'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 Nurix TherapeuticsInc's market value can be influenced by many factors that don't directly affect Nurix TherapeuticsInc'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 Nurix TherapeuticsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nurix TherapeuticsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nurix TherapeuticsInc'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.