Ikena Oncology Stock Price History

IKNA Stock  USD 1.39  0.05  3.47%   
If you're considering investing in Ikena Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ikena Oncology stands at 1.39, as last reported on the 28th of March, with the highest price reaching 1.42 and the lowest price hitting 1.37 during the day. Ikena Oncology holds Efficiency (Sharpe) Ratio of -0.0951, which attests that the entity had a -0.0951% return per unit of risk over the last 3 months. Ikena Oncology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ikena Oncology's Market Risk Adjusted Performance of 0.5056, risk adjusted performance of (0.03), and Standard Deviation of 5.03 to validate the risk estimate we provide.
  
At present, Ikena Oncology's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 54.2 M, whereas Common Stock is forecasted to decline to about 26.6 K. . At present, Ikena Oncology's Price Book Value Ratio is projected to increase based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.11, whereas Price Earnings Ratio is forecasted to decline to (1.27). Ikena Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0951

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Estimated Market Risk

 4.81
  actual daily
42
58% of assets are more volatile

Expected Return

 -0.46
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ikena Oncology 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 Ikena Oncology by adding Ikena Oncology to a well-diversified portfolio.
Price Book
0.3923
Enterprise Value Ebitda
1.319
Price Sales
7.323
Shares Float
17.9 M
Wall Street Target Price
8.33

Ikena Oncology Stock Price History Chart

There are several ways to analyze Ikena Stock price data. The simplest method is using a basic Ikena candlestick price chart, which shows Ikena Oncology price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 10, 20242.0
Lowest PriceFebruary 13, 20241.27

Ikena Oncology March 28, 2024 Stock Price Synopsis

Various analyses of Ikena Oncology's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Ikena Stock. It can be used to describe the percentage change in the price of Ikena Oncology from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Ikena Stock.
Ikena Oncology Price Action Indicator(0.03)
Ikena Oncology Price Rate Of Daily Change 0.97 
Ikena Oncology Price Daily Balance Of Power(1.00)
Ikena Oncology Accumulation Distribution 9,856 

Ikena Oncology March 28, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Ikena Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Ikena Oncology intraday prices and daily technical indicators to check the level of noise trading in Ikena Stock and then apply it to test your longer-term investment strategies against Ikena.

Ikena Stock Price History Data

The price series of Ikena Oncology for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 0.99 with a coefficient of variation of 16.3. Under current investment horizon, the daily prices are spread out with arithmetic mean of 1.58. The median price for the last 90 days is 1.48.
OpenHighLowCloseVolume
03/27/2024 1.40  1.42  1.37  1.39  279,908 
03/26/2024 1.45  1.48  1.38  1.39  259,158 
03/25/2024 1.48  1.49  1.43  1.44  296,142 
03/22/2024 1.50  1.52  1.46  1.48  436,693 
03/21/2024 1.56  1.60  1.44  1.50  1,473,839 
03/20/2024 1.52  1.56  1.44  1.56  197,116 
03/19/2024 1.53  1.56  1.45  1.50  185,079 
03/18/2024 1.58  1.58  1.49  1.50  145,357 
03/15/2024 1.45  1.61  1.44  1.57  570,641 
03/14/2024 1.41  1.50  1.41  1.46  417,106 
03/13/2024 1.40  1.43  1.38  1.41  363,518 
03/12/2024 1.44  1.50  1.36  1.39  399,977 
03/11/2024 1.61  1.65  1.43  1.46  332,528 
03/08/2024 1.58  1.64  1.55  1.60  150,242 
03/07/2024 1.60  1.65  1.53  1.57  426,843 
03/06/2024 1.47  1.63  1.47  1.58  472,447 
03/05/2024 1.46  1.51  1.44  1.47  259,900 
03/04/2024 1.49  1.52  1.44  1.47  215,360 
03/01/2024 1.43  1.52  1.43  1.47  344,232 
02/29/2024 1.54  1.54  1.36  1.43  774,038 
02/28/2024 1.51  1.62  1.50  1.51  449,082 
02/27/2024 1.54  1.56  1.43  1.51  849,190 
02/26/2024 1.33  1.55  1.33  1.52  3,010,647 
02/23/2024 1.33  1.37  1.30  1.33  281,133 
02/22/2024 1.36  1.42  1.32  1.33  511,322 
02/21/2024 1.39  1.40  1.28  1.33  483,901 
02/20/2024 1.37  1.54  1.37  1.39  1,030,098 
02/16/2024 1.45  1.49  1.36  1.37  493,051 
02/15/2024 1.28  1.49  1.27  1.46  1,995,981 
02/14/2024 1.24  1.29  1.22  1.28  285,338 
02/13/2024 1.37  1.40  1.24  1.27  350,326 
02/12/2024 1.41  1.42  1.37  1.37  182,788 
02/09/2024 1.40  1.42  1.36  1.40  101,029 
02/08/2024 1.40  1.43  1.36  1.40  141,588 
02/07/2024 1.44  1.45  1.37  1.40  165,771 
02/06/2024 1.36  1.46  1.36  1.43  263,175 
02/05/2024 1.37  1.39  1.33  1.36  230,827 
02/02/2024 1.35  1.42  1.33  1.36  297,905 
02/01/2024 1.36  1.40  1.31  1.36  704,070 
01/31/2024 1.32  1.37  1.30  1.34  610,622 
01/30/2024 1.35  1.38  1.32  1.35  390,966 
01/29/2024 1.33  1.36  1.30  1.35  275,259 
01/26/2024 1.30  1.38  1.29  1.34  400,212 
01/25/2024 1.43  1.46  1.26  1.29  888,785 
01/24/2024 1.39  1.44  1.37  1.40  129,800 
01/23/2024 1.61  1.62  1.36  1.40  441,584 
01/22/2024 1.54  1.59  1.45  1.57  166,694 
01/19/2024 1.70  1.70  1.46  1.52  220,671 
01/18/2024 1.71  1.73  1.62  1.64  33,283 
01/17/2024 1.73  1.77  1.65  1.73  70,494 
01/16/2024 1.82  1.86  1.73  1.79  63,682 
01/12/2024 1.91  2.03  1.80  1.82  302,018 
01/11/2024 1.94  1.96  1.83  1.88  47,001 
01/10/2024 1.97  2.01  1.89  2.00  42,044 
01/09/2024 1.94  2.01  1.91  1.95  63,193 
01/08/2024 1.83  2.03  1.83  1.99  103,497 
01/05/2024 1.96  1.96  1.79  1.82  72,419 
01/04/2024 1.99  2.03  1.95  1.98  69,833 
01/03/2024 2.02  2.03  1.94  1.98  77,077 
01/02/2024 1.95  2.07  1.93  1.99  260,310 
12/29/2023 2.02  2.05  1.94  1.97  84,967 

About Ikena Oncology Stock history

Ikena Oncology 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 Ikena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ikena Oncology 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 Ikena Oncology stock prices may prove useful in developing a viable investing in Ikena Oncology
Last ReportedProjected for 2024
Common Stock Shares Outstanding41.7 M34 M
Net Loss-61.9 M-65 M

Ikena Oncology Quarterly Net Working Capital

164.46 Million

Ikena Oncology Stock Technical Analysis

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

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Ikena Oncology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ikena Oncology's price direction in advance. Along with the technical and fundamental analysis of Ikena Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ikena 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.
When determining whether Ikena Oncology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ikena Oncology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ikena Oncology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ikena Oncology Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ikena Oncology. 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 Ikena Stock refer to our How to Trade Ikena Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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Is Ikena Oncology'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 Ikena Oncology. If investors know Ikena 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 Ikena Oncology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.63)
Revenue Per Share
0.219
Quarterly Revenue Growth
(0.88)
Return On Assets
(0.26)
Return On Equity
(0.43)
The market value of Ikena Oncology is measured differently than its book value, which is the value of Ikena that is recorded on the company's balance sheet. Investors also form their own opinion of Ikena Oncology's value that differs from its market value or its book value, called intrinsic value, which is Ikena Oncology'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 Ikena Oncology's market value can be influenced by many factors that don't directly affect Ikena Oncology'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 Ikena Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ikena Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ikena Oncology'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.