Butterfly Network Stock Price on September 30, 2024

BFLY Stock  USD 3.39  0.15  4.24%   
Below is the normalized historical share price chart for Butterfly Network extending back to July 13, 2020. 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 Butterfly Network stands at 3.39, as last reported on the 15th of December 2024, with the highest price reaching 3.60 and the lowest price hitting 3.30 during the day.
IPO Date
13th of July 2020
200 Day MA
1.4493
50 Day MA
2.4824
Beta
2.174
 
Covid
If you're considering investing in Butterfly Stock, it is important to understand the factors that can impact its price. Butterfly Network is very risky given 3 months investment horizon. Butterfly Network secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use Butterfly Network Downside Deviation of 4.17, risk adjusted performance of 0.1407, and Mean Deviation of 4.49 to evaluate company specific risk that cannot be diversified away.
  
At this time, Butterfly Network's Liabilities And Stockholders Equity is fairly stable compared to the past year. Stock Based Compensation is likely to rise to about 29.7 M in 2024, whereas Common Stock is likely to drop slightly above 11.7 K in 2024. . Price To Sales Ratio is likely to drop to 3.20 in 2024. Price Earnings Ratio is likely to drop to -1.74 in 2024. Butterfly Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1915

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsBFLY
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 5.8
  actual daily
51
51% of assets are less volatile

Expected Return

 1.11
  actual daily
22
78% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average Butterfly Network is performing at about 15% 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 Butterfly Network by adding it to a well-diversified portfolio.
Price Book
3.9722
Enterprise Value Ebitda
(9.57)
Price Sales
9.4761
Shares Float
157.3 M
Wall Street Target Price
3.25

Related Headline

Glaukos Corp Headline on 30th of September 2024

When the Price of Talks, People Listen Stock Traders Daily

Butterfly Network Valuation on September 30, 2024

It is possible to determine the worth of Butterfly Network on a given historical date. On September 30, 2024 Butterfly was worth 1.61 at the beginning of the trading date compared to the closed value of 1.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Butterfly Network stock. Still, in general, we apply an absolute valuation method to find Butterfly Network'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 Butterfly Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Butterfly Network's related companies.
 Open High Low Close Volume
  1.52    1.69    1.52    1.58    1,670,148  
09/30/2024
  1.61    1.81    1.61    1.77    2,445,565  
  1.77    1.81    1.65    1.66    1,985,022  
Backtest Butterfly Network  |  Butterfly Network History  |  Butterfly Network Valuation   PreviousNext  
Open Value
1.61
1.77
Closing Value
19.02
Upside

Butterfly Network Trading Date Momentum on September 30, 2024

On October 01 2024 Butterfly Network was traded for  1.66  at the closing time. The top price for the day was 1.81  and the lowest listed price was  1.65 . The trading volume for the day was 2 M. The trading history from October 1, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 6.21% . The overall trading delta against the current closing price is 5.08% .

Butterfly Network Fundamentals Correlations and Trends

By evaluating Butterfly Network'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 Butterfly Network's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Butterfly financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Butterfly Network Stock history

Butterfly Network 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 Butterfly is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Butterfly Network 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 Butterfly Network stock prices may prove useful in developing a viable investing in Butterfly Network
Last ReportedProjected for Next Year
Common Stock Shares Outstanding205.4 M130.1 M
Net Loss-151.9 M-159.4 M

Butterfly Network Quarterly Net Working Capital

163.69 Million

Butterfly Network Stock Technical Analysis

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

Price Boundaries

Butterfly Network Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Butterfly Network cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Butterfly Network December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Butterfly Network stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Butterfly Network shares will generate the highest return on investment. By undertsting and applying Butterfly Network stock market strength indicators, traders can identify Butterfly Network entry and exit signals to maximize returns

Butterfly Network Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Butterfly Network's price direction in advance. Along with the technical and fundamental analysis of Butterfly Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Butterfly 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.

Additional Tools for Butterfly Stock Analysis

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