Rezolute Stock Price on May 9, 2024

RZLT Stock  USD 4.70  0.42  9.81%   
Below is the normalized historical share price chart for Rezolute extending back to May 08, 2012. 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 Rezolute stands at 4.70, as last reported on the 13th of July 2024, with the highest price reaching 4.72 and the lowest price hitting 4.24 during the day.
IPO Date
1st of May 2014
200 Day MA
2.0075
50 Day MA
3.8428
Beta
1.209
 
Yuan Drop
 
Covid
If you're considering investing in Rezolute Stock, it is important to understand the factors that can impact its price. Rezolute appears to be risky, given 3 months investment horizon. Rezolute maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Rezolute's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please evaluate Rezolute's Risk Adjusted Performance of 0.0959, semi deviation of 6.67, and Coefficient Of Variation of 692.7 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Rezolute's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 61.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 13.5 M in 2024. . At this time, Rezolute's Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 0.82 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (2.15) in 2024. Rezolute Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1285

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Estimated Market Risk

 7.52
  actual daily
66
66% of assets are less volatile

Expected Return

 0.97
  actual daily
19
81% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Rezolute is performing at about 10% 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 Rezolute by adding it to a well-diversified portfolio.
Price Book
1.1664
Book Value
1.766
Enterprise Value
94.1 M
Enterprise Value Ebitda
(0.29)
Shares Float
30.9 M

Rezolute Valuation on May 9, 2024

It is possible to determine the worth of Rezolute on a given historical date. On May 9, 2024 Rezolute was worth 2.93 at the beginning of the trading date compared to the closed value of 2.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rezolute stock. Still, in general, we apply an absolute valuation method to find Rezolute'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 Rezolute where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rezolute's related companies.
 Open High Low Close Volume
  2.84    3.01    2.84    2.92    60,731  
05/09/2024
  2.93    3.00    2.77    2.85    162,563  
  2.95    3.03    2.85    2.99    121,142  
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Open Value
2.93
2.85
Closing Value
25.49
Upside

Rezolute Trading Date Momentum on May 9, 2024

On May 10 2024 Rezolute was traded for  2.99  at the closing time. The top price for the day was 3.03  and the lowest listed price was  2.85 . The trading volume for the day was 121.1 K. The trading history from May 10, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 4.91% . The trading delta at closing time against the current closing price is 7.37% .

Rezolute Fundamentals Correlations and Trends

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

About Rezolute Stock history

Rezolute 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 Rezolute is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rezolute 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 Rezolute stock prices may prove useful in developing a viable investing in Rezolute
Last ReportedProjected for Next Year
Common Stock Shares Outstanding58.9 M61.8 M
Net Loss-46.6 M-44.3 M

Rezolute Quarterly Net Working Capital

75.25 Million

Rezolute Stock Technical Analysis

Rezolute 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 Rezolute technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rezolute 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

Rezolute Period Price Range

Low
July 13, 2024
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High

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Rezolute cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Rezolute July 13, 2024 Market Strength

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

Rezolute Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rezolute's price direction in advance. Along with the technical and fundamental analysis of Rezolute Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rezolute 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.

Additional Tools for Rezolute Stock Analysis

When running Rezolute's price analysis, check to measure Rezolute'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 Rezolute is operating at the current time. Most of Rezolute's value examination focuses on studying past and present price action to predict the probability of Rezolute's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rezolute's price. Additionally, you may evaluate how the addition of Rezolute to your portfolios can decrease your overall portfolio volatility.