Cybin Inc Stock Price on December 13, 2024
| CYBN Stock | 13.94 0.26 1.83% |
If you're considering investing in Cybin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cybin stands at 13.94, as last reported on the 14th of December 2024, with the highest price reaching 14.30 and the lowest price hitting 13.60 during the day. Cybin appears to be somewhat reliable, 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 0.58% is justified by implied risk. Please makes use of Cybin's mean deviation of 3.79, and Risk Adjusted Performance of 0.1014 to double-check if our risk estimates are consistent with your expectations.
At present, Cybin's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 466.1 M, whereas Common Stock is forecasted to decline to about 110.7 M. . Cybin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cybin |
Sharpe Ratio = 0.1131
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CYBN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.11 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% 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 1.1132 | Book Value 14.341 | Enterprise Value 138.7 M | Enterprise Value Ebitda (5.09) | Price Sales 277.808 |
Cybin Valuation on December 13, 2024
It is possible to determine the worth of Cybin on a given historical date. On December 13, 2024 Cybin was worth 14.3 at the beginning of the trading date compared to the closed value of 13.94. 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 | |
| 14.65 | 14.65 | 13.88 | 14.20 | 13,509 | |
12/13/2024 | 14.30 | 14.30 | 13.60 | 13.94 | 7,311 |
| Backtest Cybin | | | Cybin History | | | Cybin Valuation | Previous |
Cybin Trading Date Momentum on December 13, 2024
| On December 13 2024 Cybin Inc was traded for 13.94 at the closing time. The highest price during the trading period was 14.30 and the lowest recorded bid was listed for 13.60 . The volume for the day was 7.3 K. This history from December 13, 2024 did not affect price variability. The overall trading delta to the current price is 2.58% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 760.1 M | 798.1 M | |
| Net Loss | -42.7 M | -44.9 M |
Cybin Quarterly Net Working Capital |
|
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.
Price Boundaries
Cybin Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Cybin Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NEO 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 14, 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.
| Risk Adjusted Performance | 0.1014 | |||
| Jensen Alpha | 0.4206 | |||
| Total Risk Alpha | 0.0092 | |||
| Sortino Ratio | 0.1222 | |||
| Treynor Ratio | 0.2658 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Cybin Stock analysis
When running Cybin's price analysis, check to measure Cybin'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 Cybin is operating at the current time. Most of Cybin's value examination focuses on studying past and present price action to predict the probability of Cybin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cybin's price. Additionally, you may evaluate how the addition of Cybin to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |