Cybin Inc Stock Price on November 14, 2024

CYBN Stock  USD 10.04  0.28  2.71%   
Below is the normalized historical share price chart for Cybin Inc extending back to September 13, 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 Cybin stands at 10.04, as last reported on the 12th of December 2024, with the highest price reaching 10.30 and the lowest price hitting 9.71 during the day.
IPO Date
13th of September 2019
200 Day MA
11.6189
50 Day MA
10.3108
Beta
0.885
 
Covid
If you're considering investing in Cybin Stock, it is important to understand the factors that can impact its price. Cybin appears to be moderately volatile, given 3 months investment horizon. Cybin Inc secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. By analyzing Cybin's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Cybin's risk adjusted performance of 0.0879, and Mean Deviation of 3.66 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Cybin's Total Stockholder Equity is very stable compared to the past year. As of the 12th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 317.1 M, while Common Stock Shares Outstanding is likely to drop about 7.9 M. . At this time, Cybin's Price Book Value Ratio is very stable compared to the past year. As of the 12th of December 2024, Price To Book Ratio is likely to grow to 345.25, while Price To Sales Ratio is likely to drop 4,611. Cybin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1078

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Estimated Market Risk

 4.93
  actual daily
43
57% of assets are more volatile

Expected Return

 0.53
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Cybin is performing at about 8% 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 Cybin by adding it to a well-diversified portfolio.
Price Book
1.1469
Enterprise Value Ebitda
(3.79)
Price Sales
278.2498
Shares Float
14.3 M
Wall Street Target Price
102.803

Related Headline

GH Research Headline on 14th of November 2024

GH Research PLC s stock price was up 4.1 percent during trading on Tuesday . The company traded as high as 9.66 and last traded at 9.41. Approximately 15,035 shares traded hands during mid-day trading, a decline of 81 percent from the average daily volume of 79,072 shares. The stock had previously closed

Cybin Valuation on November 14, 2024

It is possible to determine the worth of Cybin on a given historical date. On November 14, 2024 Cybin was worth 10.92 at the beginning of the trading date compared to the closed value of 11.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cybin stock. Still, in general, we apply an absolute valuation method to find Cybin'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 Cybin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cybin's related companies.
 Open High Low Close Volume
  11.96    12.13    10.26    10.50    492,577  
11/14/2024
  10.92    11.47    10.54    11.00    649,301  
  11.82    12.95    11.30    11.60    2,155,110  
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Open Value
10.92
11.0
Closing Value
25.71
Upside

Cybin Trading Date Momentum on November 14, 2024

On November 15 2024 Cybin Inc was traded for  11.60  at the closing time. The top price for the day was 12.95  and the lowest listed price was  11.30 . The trading volume for the day was 2.2 M. The trading history from November 15, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 5.45% . The overall trading delta against the current closing price is 9.00% .

Cybin Inc Fundamentals Correlations and Trends

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

About Cybin Stock history

Cybin 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 Cybin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cybin 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 Cybin stock prices may prove useful in developing a viable investing in Cybin
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.3 M7.9 M
Net Loss-42.7 M-44.9 M

Cybin Quarterly Net Working Capital

195.95 Million

Cybin Stock Technical Analysis

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

Cybin Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cybin Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.

Cybin December 12, 2024 Market Strength

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

Cybin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cybin's price direction in advance. Along with the technical and fundamental analysis of Cybin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cybin 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.
When determining whether Cybin Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cybin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cybin Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cybin Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cybin Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cybin. If investors know Cybin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cybin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.03)
Return On Assets
(0.33)
Return On Equity
(0.49)
The market value of Cybin Inc is measured differently than its book value, which is the value of Cybin that is recorded on the company's balance sheet. Investors also form their own opinion of Cybin's value that differs from its market value or its book value, called intrinsic value, which is Cybin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cybin's market value can be influenced by many factors that don't directly affect Cybin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cybin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cybin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cybin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.