Bluebird Bio Stock Price on July 22, 2024
| BLUE Stock | USD 8.46 0.56 6.21% |
If you're considering investing in Bluebird Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bluebird Bio stands at 8.46, as last reported on the 9th of January, with the highest price reaching 9.17 and the lowest price hitting 8.45 during the day. Bluebird Bio appears to be dangerous, given 3 months investment horizon. Bluebird bio secures Sharpe Ratio (or Efficiency) of 0.042, which signifies that the company had a 0.042% return per unit of risk over the last 3 months. By analyzing Bluebird Bio's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of Bluebird Bio's Downside Deviation of 10.13, risk adjusted performance of 0.043, and Mean Deviation of 7.47 to double-check if our risk estimates are consistent with your expectations.
Bluebird Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bluebird |
Sharpe Ratio = 0.042
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Estimated Market Risk
| 16.09 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Bluebird Bio is performing at about 3% 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 Bluebird Bio by adding it to a well-diversified portfolio.
Bluebird Bio Valuation on July 22, 2024
It is possible to determine the worth of Bluebird Bio on a given historical date. On July 22, 2024 Bluebird was worth 21.2 at the beginning of the trading date compared to the closed value of 22.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bluebird Bio stock. Still, in general, we apply an absolute valuation method to find Bluebird Bio'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 Bluebird Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bluebird Bio's related companies.
| Open | High | Low | Close | Volume | |
| 23.20 | 23.20 | 20.64 | 21.00 | 201,140 | |
07/22/2024 | 21.20 | 22.80 | 21.00 | 22.80 | 148,859 |
| 22.60 | 25.00 | 22.30 | 24.80 | 222,303 |
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Bluebird Bio Trading Date Momentum on July 22, 2024
| On July 23 2024 Bluebird bio was traded for 24.80 at the closing time. The top price for the day was 25.00 and the lowest listed price was 22.30 . The trading volume for the day was 222.3 K. The trading history from July 23, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 8.77% . The overall trading delta against the current closing price is 0.00% . |
Bluebird bio Fundamentals Correlations and Trends
By evaluating Bluebird Bio'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 Bluebird Bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bluebird financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bluebird Bio Stock history
Bluebird Bio 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 Bluebird is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bluebird bio 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 Bluebird Bio stock prices may prove useful in developing a viable investing in Bluebird Bio
bluebird bio, Inc., a biotechnology company, researches, develops, and commercializes transformative gene therapies for severe genetic diseases. The company was formerly known as Genetix Pharmaceuticals, Inc., and changed its name to bluebird bio, Inc. in September 2010. bluebird bio, Inc. was incorporated in 1992 and is headquartered in Cambridge, Massachusetts. Bluebird Bio operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 518 people.
Bluebird Bio Stock Technical Analysis
Bluebird Bio 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
Bluebird Bio Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Bluebird bio cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Bluebird Bio January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Bluebird Bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bluebird Bio shares will generate the highest return on investment. By undertsting and applying Bluebird Bio stock market strength indicators, traders can identify Bluebird bio entry and exit signals to maximize returns
Bluebird Bio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bluebird Bio's price direction in advance. Along with the technical and fundamental analysis of Bluebird Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bluebird 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 | 0.043 | |||
| Jensen Alpha | 0.6076 | |||
| Total Risk Alpha | 0.3124 | |||
| Sortino Ratio | 0.064 | |||
| Treynor Ratio | 0.1997 |
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Complementary Tools for Bluebird Stock analysis
When running Bluebird Bio's price analysis, check to measure Bluebird Bio'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 Bluebird Bio is operating at the current time. Most of Bluebird Bio's value examination focuses on studying past and present price action to predict the probability of Bluebird Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluebird Bio's price. Additionally, you may evaluate how the addition of Bluebird Bio to your portfolios can decrease your overall portfolio volatility.
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