Virios Therapeutics Llc Stock Price on February 1, 2024
VIRI Stock | USD 0.42 0.02 4.55% |
If you're considering investing in Virios Stock, it is important to understand the factors that can impact its price. As of today, the current price of Virios Therapeutics stands at 0.42, as last reported on the 3rd of May, with the highest price reaching 0.45 and the lowest price hitting 0.40 during the day. Virios Therapeutics appears to be abnormally volatile, given 3 months investment horizon. Virios Therapeutics Llc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0732, which indicates the firm had a 0.0732% return per unit of risk over the last 3 months. By inspecting Virios Therapeutics' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please review Virios Therapeutics' Semi Deviation of 5.72, coefficient of variation of 2391.61, and Risk Adjusted Performance of 0.0361 to confirm if our risk estimates are consistent with your expectations.
The current Total Stockholder Equity is estimated to decrease to about 3.6 M. The current Common Stock Total Equity is estimated to decrease to 709.65. As of now, Virios Therapeutics' Price Book Value Ratio is increasing as compared to previous years. The Virios Therapeutics' current Price To Book Ratio is estimated to increase to 2.98, while Price Earnings Ratio is projected to decrease to (2.14). Virios Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Virios |
Sharpe Ratio = 0.0732
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Estimated Market Risk
8.22 actual daily | 72 72% of assets are less volatile |
Expected Return
0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Virios Therapeutics 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 Virios Therapeutics by adding it to a well-diversified portfolio.
Price Book 2.5921 | Book Value 0.198 | Enterprise Value 5.2 M | Enterprise Value Ebitda (1.20) | Shares Float 16.7 M |
Virios Therapeutics Valuation on February 1, 2024
It is possible to determine the worth of Virios Therapeutics on a given historical date. On February 1, 2024 Virios was worth 0.43 at the beginning of the trading date compared to the closed value of 0.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virios Therapeutics stock. Still, in general, we apply an absolute valuation method to find Virios Therapeutics' 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 Virios Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virios Therapeutics' related companies.
Open | High | Low | Close | Volume | |
0.41 | 0.43 | 0.41 | 0.41 | 88,198 | |
02/01/2024 | 0.43 | 0.43 | 0.41 | 0.42 | 64,757 |
0.42 | 0.42 | 0.39 | 0.40 | 85,130 |
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Virios Therapeutics Trading Date Momentum on February 1, 2024
On February 02 2024 Virios Therapeutics Llc was traded for 0.40 at the closing time. The top price for the day was 0.42 and the lowest listed price was 0.39 . The trading volume for the day was 85.1 K. The trading history from February 2, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.76% . The trading price change against the current closing price is 9.52% . |
Virios Therapeutics Llc Fundamentals Correlations and Trends
By evaluating Virios Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Virios Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Virios financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Virios Therapeutics Stock history
Virios Therapeutics 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 Virios is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Virios Therapeutics Llc 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 Virios Therapeutics stock prices may prove useful in developing a viable investing in Virios Therapeutics
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 18.8 M | 10.9 M | |
Net Loss | -11 M | -11.6 M |
Virios Therapeutics Stock Technical Analysis
Virios Therapeutics 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
Virios Therapeutics Period Price Range
Low | February 1, 2024
| High |
0.43 | 0.42 |
Virios Therapeutics May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Virios Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virios Therapeutics shares will generate the highest return on investment. By undertsting and applying Virios Therapeutics stock market strength indicators, traders can identify Virios Therapeutics Llc entry and exit signals to maximize returns
Virios Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virios Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Virios Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Virios 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 | 0.0361 | |||
Jensen Alpha | 0.3648 | |||
Total Risk Alpha | (0.24) | |||
Sortino Ratio | 0.0384 | |||
Treynor Ratio | (0.44) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virios Therapeutics Llc. 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. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Virios Stock analysis
When running Virios Therapeutics' price analysis, check to measure Virios Therapeutics' 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 Virios Therapeutics is operating at the current time. Most of Virios Therapeutics' value examination focuses on studying past and present price action to predict the probability of Virios Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virios Therapeutics' price. Additionally, you may evaluate how the addition of Virios Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Virios Therapeutics' 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 Virios Therapeutics. If investors know Virios 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 Virios Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.28) | Return On Assets (0.54) | Return On Equity (0.95) |
The market value of Virios Therapeutics Llc is measured differently than its book value, which is the value of Virios that is recorded on the company's balance sheet. Investors also form their own opinion of Virios Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Virios Therapeutics' 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 Virios Therapeutics' market value can be influenced by many factors that don't directly affect Virios Therapeutics' 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 Virios Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Virios Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virios Therapeutics' 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.