Sana Biotechnology Stock Price on April 8, 2024
| SANA Stock | USD 8.72 0.22 2.59% |
If you're considering investing in Sana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sana Biotechnology stands at 8.72, as last reported on the 29th of April, with the highest price reaching 8.88 and the lowest price hitting 8.46 during the day. Sana Biotechnology appears to be slightly risky, given 3 months investment horizon. Sana Biotechnology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Sana Biotechnology's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please review Sana Biotechnology's Risk Adjusted Performance of 0.1059, semi deviation of 4.75, and Coefficient Of Variation of 643.32 to confirm if our risk estimates are consistent with your expectations.
At present, Sana Biotechnology's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 677.9 M, whereas Total Stockholder Equity is forecasted to decline to about 172 M. . At present, Sana Biotechnology's Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.90, whereas Price Earnings Ratio is forecasted to decline to (2.94). Sana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sana |
Sharpe Ratio = 0.1485
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Estimated Market Risk
| 5.87 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Sana Biotechnology is performing at about 11% 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 Sana Biotechnology by adding it to a well-diversified portfolio.
Price Book 6.8625 | Book Value 1.453 | Enterprise Value 1.8 B | Enterprise Value Ebitda (6.97) | Shares Float 128.6 M |
Related Headline
Fortress Biotech Headline on 8th of April 2024
Filed transaction by Fortress Biotech Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Sana Biotechnology Valuation on April 8, 2024
It is possible to determine the worth of Sana Biotechnology on a given historical date. On April 8, 2024 Sana was worth 9.18 at the beginning of the trading date compared to the closed value of 9.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sana Biotechnology stock. Still, in general, we apply an absolute valuation method to find Sana Biotechnology'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 Sana Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sana Biotechnology's related companies.
| Open | High | Low | Close | Volume | |
| 8.43 | 9.07 | 8.29 | 9.01 | 976,734 | |
04/08/2024 | 9.18 | 9.19 | 8.80 | 9.09 | 842,277 |
| 9.09 | 9.36 | 8.84 | 9.34 | 909,342 |
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Sana Biotechnology Trading Date Momentum on April 8, 2024
| On April 09 2024 Sana Biotechnology was traded for 9.34 at the closing time. The top price for the day was 9.36 and the lowest listed price was 8.84 . The trading volume for the day was 909.3 K. The trading history from April 9, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 2.75% . The trading price change against the current closing price is 9.79% . |
Sana Biotechnology Fundamentals Correlations and Trends
By evaluating Sana Biotechnology'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 Sana Biotechnology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sana Biotechnology Stock history
Sana Biotechnology 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 Sana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sana Biotechnology 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 Sana Biotechnology stock prices may prove useful in developing a viable investing in Sana Biotechnology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 194.5 M | 201.6 M | |
| Net Loss | -242.5 M | -254.7 M |
Sana Biotechnology Quarterly Net Working Capital |
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Sana Biotechnology Stock Technical Analysis
Sana Biotechnology 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
Sana Biotechnology Period Price Range
Low | April 8, 2024
| High |
9.18 | 9.09 |
Sana Biotechnology April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sana Biotechnology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sana Biotechnology shares will generate the highest return on investment. By undertsting and applying Sana Biotechnology stock market strength indicators, traders can identify Sana Biotechnology entry and exit signals to maximize returns
Sana Biotechnology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sana Biotechnology's price direction in advance. Along with the technical and fundamental analysis of Sana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sana 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 | 0.1059 | |||
| Jensen Alpha | 0.5776 | |||
| Total Risk Alpha | 0.159 | |||
| Sortino Ratio | 0.1531 | |||
| Treynor Ratio | 0.2161 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sana Biotechnology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Sana Stock refer to our How to Trade Sana Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Sana Stock analysis
When running Sana Biotechnology's price analysis, check to measure Sana Biotechnology'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 Sana Biotechnology is operating at the current time. Most of Sana Biotechnology's value examination focuses on studying past and present price action to predict the probability of Sana Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sana Biotechnology's price. Additionally, you may evaluate how the addition of Sana Biotechnology to your portfolios can decrease your overall portfolio volatility.
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Is Sana Biotechnology'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 Sana Biotechnology. If investors know Sana 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 Sana Biotechnology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.46) | Return On Assets (0.29) | Return On Equity (0.72) |
The market value of Sana Biotechnology is measured differently than its book value, which is the value of Sana that is recorded on the company's balance sheet. Investors also form their own opinion of Sana Biotechnology's value that differs from its market value or its book value, called intrinsic value, which is Sana Biotechnology'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 Sana Biotechnology's market value can be influenced by many factors that don't directly affect Sana Biotechnology'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 Sana Biotechnology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sana Biotechnology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sana Biotechnology'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.