89bio Inc Stock Price History
| ETNB Stock | USD 9.59 0.38 4.13% |
Below is the normalized historical share price chart for 89bio Inc extending back to November 11, 2019. 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 89bio stands at 9.59, as last reported on the 27th of February, with the highest price reaching 9.59 and the lowest price hitting 9.21 during the day.
If you're considering investing in 89bio Stock, it is important to understand the factors that can impact its price. 89bio appears to be somewhat reliable, given 3 months investment horizon. 89bio Inc secures Sharpe Ratio (or Efficiency) of 0.0341, which signifies that the company had a 0.0341 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for 89bio Inc, which you can use to evaluate the volatility of the entity. Please makes use of 89bio's Mean Deviation of 3.62, coefficient of variation of 1550.78, and Market Risk Adjusted Performance of 0.2183 to double-check if our risk estimates are consistent with your expectations.
At present, 89bio's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 61.6 K, whereas Sale Purchase Of Stock is forecasted to decline to about 229.1 K. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.17, whereas Price Earnings Ratio is forecasted to decline to (5.28). 89bio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of November 2019 | 200 Day MA 8.4597 | 50 Day MA 8.6341 | Beta 1.069 |
89bio |
Sharpe Ratio = 0.0341
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.86 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average 89bio is performing at about 2% 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 89bio by adding it to a well-diversified portfolio.
89bio Stock Price History Chart
There are several ways to analyze 89bio Stock price data. The simplest method is using a basic 89bio candlestick price chart, which shows 89bio 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 Price | February 5, 2025 | 11.66 |
| Lowest Price | January 16, 2025 | 6.1 |
89bio February 27, 2025 Stock Price Synopsis
Various analyses of 89bio's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell 89bio Stock. It can be used to describe the percentage change in the price of 89bio from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of 89bio Stock.| 89bio Price Rate Of Daily Change | 1.04 | |
| 89bio Price Daily Balance Of Power | 1.00 | |
| 89bio Price Action Indicator | 0.38 |
89bio February 27, 2025 Stock Price Analysis
89bio Stock Price History Data
The price series of 89bio for the period between Fri, Nov 29, 2024 and Thu, Feb 27, 2025 has a statistical range of 5.56 with a coefficient of variation of 17.56. Under current investment horizon, the daily prices are spread out with arithmetic mean of 8.61. The median price for the last 90 days is 8.04.| Open | High | Low | Close | Volume | ||
02/27/2025 | 9.21 | 9.59 | 9.21 | 9.59 | ||
| 02/26/2025 | 9.19 | 9.38 | 8.98 | 9.21 | 1,499,751 | |
| 02/25/2025 | 10.13 | 10.15 | 9.10 | 9.22 | 1,983,977 | |
| 02/24/2025 | 11.10 | 11.18 | 10.10 | 10.13 | 2,028,232 | |
| 02/21/2025 | 11.13 | 11.23 | 10.88 | 11.06 | 849,902 | |
| 02/20/2025 | 11.19 | 11.28 | 10.85 | 10.96 | 960,064 | |
| 02/19/2025 | 10.85 | 11.31 | 10.80 | 11.30 | 1,003,663 | |
| 02/18/2025 | 10.57 | 11.05 | 10.50 | 10.92 | 1,451,304 | |
| 02/14/2025 | 10.85 | 11.01 | 10.43 | 10.57 | 1,738,906 | |
| 02/13/2025 | 11.10 | 11.17 | 10.67 | 10.72 | 1,141,003 | |
| 02/12/2025 | 10.93 | 11.12 | 10.60 | 11.01 | 1,920,209 | |
| 02/11/2025 | 10.84 | 11.25 | 10.68 | 11.18 | 1,403,704 | |
| 02/10/2025 | 11.42 | 11.80 | 10.87 | 10.98 | 1,572,561 | |
| 02/07/2025 | 11.37 | 11.57 | 11.04 | 11.41 | 1,402,286 | |
| 02/06/2025 | 11.65 | 11.83 | 11.33 | 11.43 | 1,332,051 | |
| 02/05/2025 | 10.70 | 11.84 | 10.70 | 11.66 | 3,879,929 | |
| 02/04/2025 | 9.61 | 10.91 | 9.38 | 10.75 | 5,747,557 | |
| 02/03/2025 | 9.48 | 9.61 | 9.16 | 9.29 | 2,559,289 | |
| 01/31/2025 | 9.85 | 9.90 | 9.37 | 9.60 | 2,982,656 | |
| 01/30/2025 | 9.15 | 9.82 | 8.95 | 9.64 | 6,471,172 | |
| 01/29/2025 | 9.35 | 9.77 | 8.64 | 8.73 | 7,543,314 | |
| 01/28/2025 | 9.00 | 10.14 | 8.47 | 9.01 | 7,340,172 | |
| 01/27/2025 | 10.60 | 11.77 | 8.71 | 9.00 | 26,113,279 | |
| 01/24/2025 | 7.13 | 7.21 | 6.89 | 7.13 | 1,430,837 | |
| 01/23/2025 | 6.68 | 7.20 | 6.66 | 6.92 | 1,535,350 | |
| 01/22/2025 | 6.56 | 6.82 | 6.53 | 6.75 | 880,258 | |
| 01/21/2025 | 6.38 | 6.61 | 6.34 | 6.58 | 1,548,891 | |
| 01/17/2025 | 6.19 | 6.33 | 6.08 | 6.31 | 1,863,194 | |
| 01/16/2025 | 6.27 | 6.36 | 5.99 | 6.10 | 1,329,521 | |
| 01/15/2025 | 6.52 | 6.65 | 6.25 | 6.27 | 967,367 | |
| 01/14/2025 | 6.35 | 6.44 | 6.19 | 6.28 | 871,150 | |
| 01/13/2025 | 6.62 | 6.78 | 6.15 | 6.31 | 1,142,713 | |
| 01/10/2025 | 7.31 | 7.31 | 6.26 | 6.51 | 1,119,173 | |
| 01/08/2025 | 7.35 | 7.56 | 7.27 | 7.35 | 447,890 | |
| 01/07/2025 | 7.81 | 7.96 | 7.38 | 7.40 | 660,493 | |
| 01/06/2025 | 8.00 | 8.00 | 7.75 | 7.82 | 553,338 | |
| 01/03/2025 | 8.00 | 8.03 | 7.86 | 7.96 | 706,239 | |
| 01/02/2025 | 7.90 | 8.05 | 7.80 | 7.98 | 798,596 | |
| 12/31/2024 | 7.88 | 7.95 | 7.42 | 7.82 | 697,831 | |
| 12/30/2024 | 7.78 | 7.86 | 7.62 | 7.79 | 511,732 | |
| 12/27/2024 | 7.92 | 8.05 | 7.68 | 7.88 | 876,977 | |
| 12/26/2024 | 7.80 | 8.06 | 7.65 | 8.01 | 1,009,060 | |
| 12/24/2024 | 8.03 | 8.04 | 7.79 | 7.94 | 379,622 | |
| 12/23/2024 | 7.91 | 8.10 | 7.75 | 7.99 | 1,212,730 | |
| 12/20/2024 | 7.03 | 7.95 | 6.60 | 7.94 | 4,504,670 | |
| 12/19/2024 | 7.67 | 7.80 | 6.43 | 7.03 | 4,656,439 | |
| 12/18/2024 | 8.00 | 8.05 | 7.40 | 7.61 | 1,540,719 | |
| 12/17/2024 | 7.86 | 8.09 | 7.85 | 7.98 | 1,059,812 | |
| 12/16/2024 | 7.69 | 8.01 | 7.51 | 7.90 | 799,734 | |
| 12/13/2024 | 7.82 | 7.89 | 7.44 | 7.69 | 1,072,927 | |
| 12/12/2024 | 8.00 | 8.03 | 7.79 | 7.85 | 664,443 | |
| 12/11/2024 | 8.10 | 8.15 | 7.92 | 8.04 | 518,527 | |
| 12/10/2024 | 8.13 | 8.28 | 7.90 | 8.00 | 1,032,634 | |
| 12/09/2024 | 8.44 | 8.50 | 7.89 | 8.03 | 663,276 | |
| 12/06/2024 | 7.89 | 8.16 | 7.85 | 8.07 | 3,690,227 | |
| 12/05/2024 | 8.27 | 8.34 | 7.85 | 7.89 | 652,285 | |
| 12/04/2024 | 8.70 | 8.92 | 8.28 | 8.30 | 618,618 | |
| 12/03/2024 | 9.35 | 9.56 | 8.66 | 8.73 | 547,277 | |
| 12/02/2024 | 9.01 | 9.71 | 8.90 | 9.44 | 688,618 | |
| 11/29/2024 | 9.14 | 9.20 | 8.93 | 8.99 | 314,218 | |
| 11/27/2024 | 8.93 | 9.18 | 8.77 | 9.14 | 354,322 |
About 89bio Stock history
89bio 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 89bio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 89bio Inc 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 89bio stock prices may prove useful in developing a viable investing in 89bio
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 81.8 M | 85.9 M | |
| Net Loss | -91.8 M | -96.4 M |
89bio Quarterly Net Working Capital |
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89bio Stock Technical Analysis
89bio 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.
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89bio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 89bio's price direction in advance. Along with the technical and fundamental analysis of 89bio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 89bio 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 | 0.0561 | |||
| Jensen Alpha | 0.363 | |||
| Total Risk Alpha | 0.4014 | |||
| Sortino Ratio | 0.0884 | |||
| Treynor Ratio | 0.2083 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for 89bio Stock analysis
When running 89bio's price analysis, check to measure 89bio'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 89bio is operating at the current time. Most of 89bio's value examination focuses on studying past and present price action to predict the probability of 89bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 89bio's price. Additionally, you may evaluate how the addition of 89bio to your portfolios can decrease your overall portfolio volatility.
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