In8bio Inc Stock Price on December 26, 2023
| INAB Stock | USD 0.25 0 1.20% |
If you're considering investing in In8bio Stock, it is important to understand the factors that can impact its price. As of today, the current price of In8bio stands at 0.25, as last reported on the 27th of December, with the highest price reaching 0.25 and the lowest price hitting 0.25 during the day. In8bio appears to be dangerous, given 3 months investment horizon. In8bio Inc retains Efficiency (Sharpe Ratio) of 0.0414, which attests that the entity had a 0.0414% return per unit of price deviation over the last 3 months. By analyzing In8bio's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize In8bio's Standard Deviation of 12.44, market risk adjusted performance of 0.2262, and Semi Deviation of 6.92 to validate if our risk estimates are consistent with your expectations.
At present, In8bio'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 4.6 M, whereas Total Stockholder Equity is forecasted to decline to about 19.9 M. . At present, In8bio's Price Book Value Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 1.74, whereas Price Earnings Ratio is forecasted to decline to (1.44). In8bio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
In8bio |
Sharpe Ratio = 0.0414
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Estimated Market Risk
| 12.74 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average In8bio 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 In8bio by adding it to a well-diversified portfolio.
Price Book 1.98 | Book Value 0.576 | Enterprise Value 18.5 M | Enterprise Value Ebitda (1.15) | Shares Float 25.9 M |
In8bio Valuation on December 26, 2023
It is possible to determine the worth of In8bio on a given historical date. On December 26, 2023 In8bio was worth 1.25 at the beginning of the trading date compared to the closed value of 1.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of In8bio stock. Still, in general, we apply an absolute valuation method to find In8bio'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 In8bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against In8bio's related companies.
| Open | High | Low | Close | Volume | |
| 1.28 | 1.34 | 1.18 | 1.24 | 348,400 | |
12/26/2023 | 1.25 | 1.43 | 1.22 | 1.43 | 213,800 |
| 1.50 | 1.50 | 1.36 | 1.42 | 307,100 |
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In8bio Trading Date Momentum on December 26, 2023
| On December 27 2023 In8bio Inc was traded for 1.42 at the closing time. The top price for the day was 1.50 and the lowest listed price was 1.36 . The trading volume for the day was 307.1 K. The trading history from December 27, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.70% . The trading delta at closing time against the current closing price is 2.80% . |
In8bio Inc Fundamentals Correlations and Trends
By evaluating In8bio'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 In8bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. In8bio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About In8bio Stock history
In8bio 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 In8bio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in In8bio 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 In8bio stock prices may prove useful in developing a viable investing in In8bio
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 29.9 M | 21 M | |
| Net Loss | -13.2 M | -13.8 M |
In8bio Quarterly Net Working Capital |
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In8bio Stock Technical Analysis
In8bio 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
In8bio Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
In8bio Inc 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.
In8bio December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how In8bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading In8bio shares will generate the highest return on investment. By undertsting and applying In8bio stock market strength indicators, traders can identify In8bio Inc entry and exit signals to maximize returns
In8bio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for In8bio's price direction in advance. Along with the technical and fundamental analysis of In8bio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of In8bio 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 | 0.0284 | |||
| Jensen Alpha | 0.2304 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0252 | |||
| Treynor Ratio | 0.2162 |
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Complementary Tools for In8bio Stock analysis
When running In8bio's price analysis, check to measure In8bio'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 In8bio is operating at the current time. Most of In8bio's value examination focuses on studying past and present price action to predict the probability of In8bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move In8bio's price. Additionally, you may evaluate how the addition of In8bio to your portfolios can decrease your overall portfolio volatility.
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