Neurocrine Biosciences Stock Performance

NBIX Stock  USD 125.74  1.76  1.42%   
The company secures a Beta (Market Risk) of 1.24, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Neurocrine Biosciences will likely underperform. At this point, Neurocrine Biosciences has a negative expected return of -0.2%. Please make sure to verify Neurocrine Biosciences' value at risk and rate of daily change , to decide if Neurocrine Biosciences performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Neurocrine Biosciences has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's forward indicators remain fairly strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Actual Historical Performance (%)

One Day Return
1.42
Five Day Return
3.69
Year To Date Return
(4.55)
Ten Year Return
562.49
All Time Return
905.92
Ex Dividend Date
1995-12-29
1
Disposition of 14250 shares by Rastetter William H of Neurocrine Biosciences at 146.69 subject to Rule 16b-3
08/15/2024
2
Neurocrine Stock Down 19 percent on Mixed Schizophrenia Study Results
08/29/2024
3
Edgestream Partners L.P. Has 6.08 Million Stock Position in Neurocrine Biosciences, Inc.
09/17/2024
4
Disposition of 930 shares by Lyons Gary A of Neurocrine Biosciences at 42.76 subject to Rule 16b-3
10/10/2024
5
Neurocrine Biosciences Outperform Rating Reaffirmed at Raymond James
10/14/2024
6
BMO Capital Markets Lowers Neurocrine Biosciences Price Target to 114.00
10/17/2024
7
Implied Volatility Surging for Neurocrine Biosciences Stock Options
10/23/2024
8
Neurocrine Biosciences Q3 2024 Earnings Preview
10/29/2024
9
Neurocrine Q3 Earnings Taking a Look at Key Metrics Versus Estimates
10/30/2024
10
Decoding Neurocrine Biosciences Inc A Strategic SWOT Insight
10/31/2024
11
Disposition of 2000 shares by Sherwin Stephen A of Neurocrine Biosciences subject to Rule 16b-3
11/04/2024
12
Neurocrine Biosciences Receives Buy Rating from HC Wainwright
11/05/2024
Begin Period Cash Flow270.7 M
  

Neurocrine Biosciences Relative Risk vs. Return Landscape

If you would invest  14,729  in Neurocrine Biosciences on August 11, 2024 and sell it today you would lose (2,155) from holding Neurocrine Biosciences or give up 14.63% of portfolio value over 90 days. Neurocrine Biosciences is currently does not generate positive expected returns and assumes 2.8849% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of stocks are less volatile than Neurocrine, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Neurocrine Biosciences is expected to under-perform the market. In addition to that, the company is 3.76 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.23 per unit of volatility.

Neurocrine Biosciences Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Neurocrine Biosciences' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Neurocrine Biosciences, and traders can use it to determine the average amount a Neurocrine Biosciences' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0701

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Estimated Market Risk

 2.88
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Neurocrine Biosciences 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 Neurocrine Biosciences by adding Neurocrine Biosciences to a well-diversified portfolio.

Neurocrine Biosciences Fundamentals Growth

Neurocrine Stock prices reflect investors' perceptions of the future prospects and financial health of Neurocrine Biosciences, and Neurocrine Biosciences fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Neurocrine Stock performance.

About Neurocrine Biosciences Performance

Evaluating Neurocrine Biosciences' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Neurocrine Biosciences has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Neurocrine Biosciences has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 352.13  369.73 
Return On Tangible Assets 0.08  0.08 
Return On Capital Employed 0.10  0.10 
Return On Assets 0.08  0.08 
Return On Equity 0.11  0.12 

Things to note about Neurocrine Biosciences performance evaluation

Checking the ongoing alerts about Neurocrine Biosciences for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Neurocrine Biosciences help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Neurocrine Biosciences generated a negative expected return over the last 90 days
Neurocrine Biosciences has a strong financial position based on the latest SEC filings
Over 97.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: Neurocrine Biosciences Receives Buy Rating from HC Wainwright
Evaluating Neurocrine Biosciences' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Neurocrine Biosciences' stock performance include:
  • Analyzing Neurocrine Biosciences' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Neurocrine Biosciences' stock is overvalued or undervalued compared to its peers.
  • Examining Neurocrine Biosciences' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Neurocrine Biosciences' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Neurocrine Biosciences' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Neurocrine Biosciences' stock. These opinions can provide insight into Neurocrine Biosciences' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Neurocrine Biosciences' stock performance is not an exact science, and many factors can impact Neurocrine Biosciences' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Additional Tools for Neurocrine Stock Analysis

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