Biomea Fusion Stock Price on January 4, 2023
| BMEA Stock | USD 7.02 0.13 1.89% |
If you're considering investing in Biomea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Biomea Fusion stands at 7.02, as last reported on the 29th of November, with the highest price reaching 7.10 and the lowest price hitting 6.76 during the day. At this point, Biomea Fusion is somewhat reliable. Biomea Fusion secures Sharpe Ratio (or Efficiency) of 0.0117, which signifies that the company had a 0.0117% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Biomea Fusion, which you can use to evaluate the volatility of the firm. Please confirm Biomea Fusion's Mean Deviation of 3.46, standard deviation of 4.77, and Risk Adjusted Performance of (0.0003) to double-check if the risk estimate we provide is consistent with the expected return of 0.0566%.
At present, Biomea Fusion's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 14.8 M, whereas Total Stockholder Equity is forecasted to decline to about 101.6 M. . At present, Biomea Fusion's Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 3.07, whereas Price Earnings Ratio is forecasted to decline to (4.43). Biomea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Biomea |
Sharpe Ratio = 0.0117
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| Cash | Small Risk | Average Risk | BMEA | Huge Risk |
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Estimated Market Risk
| 4.83 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Biomea Fusion 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 Biomea Fusion by adding Biomea Fusion to a well-diversified portfolio.
Price Book 3.3485 | Book Value 2.096 | Enterprise Value 176 M | Enterprise Value Ebitda (3.75) | Shares Float 22.5 M |
Biomea Fusion Valuation on January 4, 2023
It is possible to determine the worth of Biomea Fusion on a given historical date. On January 4, 2023 Biomea was worth 8.65 at the beginning of the trading date compared to the closed value of 7.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biomea Fusion stock. Still, in general, we apply an absolute valuation method to find Biomea Fusion'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 Biomea Fusion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biomea Fusion's related companies.
| Open | High | Low | Close | Volume | |
| 8.43 | 8.82 | 8.11 | 8.48 | 61,100 | |
01/04/2023 | 8.65 | 8.65 | 7.66 | 7.66 | 31,725 |
| 7.51 | 7.64 | 7.20 | 7.50 | 36,304 |
| Backtest Biomea Fusion | | | Biomea Fusion History | | | Biomea Fusion Valuation | Previous | Next |
Biomea Fusion Trading Date Momentum on January 4, 2023
| On January 05 2023 Biomea Fusion was traded for 7.50 at the closing time. The top price for the day was 7.64 and the lowest listed price was 7.20 . The trading volume for the day was 36.3 K. The trading history from January 5, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.09% . The overall trading delta against the current closing price is 3.39% . |
Biomea Fusion Fundamentals Correlations and Trends
By evaluating Biomea Fusion'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 Biomea Fusion's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biomea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Biomea Fusion Stock history
Biomea Fusion 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 Biomea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biomea Fusion 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 Biomea Fusion stock prices may prove useful in developing a viable investing in Biomea Fusion
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 34.1 M | 23.9 M | |
| Net Loss | -73.6 M | -70 M |
Biomea Fusion Quarterly Net Working Capital |
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Biomea Fusion Stock Technical Analysis
Biomea Fusion 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
Biomea Fusion Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Biomea Fusion 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.
Biomea Fusion November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Biomea Fusion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biomea Fusion shares will generate the highest return on investment. By undertsting and applying Biomea Fusion stock market strength indicators, traders can identify Biomea Fusion entry and exit signals to maximize returns
Biomea Fusion Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Biomea Fusion's price direction in advance. Along with the technical and fundamental analysis of Biomea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biomea 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 | (0.0003) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (0.07) |
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Complementary Tools for Biomea Stock analysis
When running Biomea Fusion's price analysis, check to measure Biomea Fusion'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 Biomea Fusion is operating at the current time. Most of Biomea Fusion's value examination focuses on studying past and present price action to predict the probability of Biomea Fusion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomea Fusion's price. Additionally, you may evaluate how the addition of Biomea Fusion to your portfolios can decrease your overall portfolio volatility.
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