Io Biotech Stock Price on December 3, 2024
| IOBT Stock | USD 0.82 0.02 2.26% |
If you're considering investing in IOBT Stock, it is important to understand the factors that can impact its price. As of today, the current price of IO Biotech stands at 0.82, as last reported on the 11th of December 2024, with the highest price reaching 0.82 and the lowest price hitting 0.82 during the day. IO Biotech appears to be dangerous, given 3 months investment horizon. IO Biotech retains Efficiency (Sharpe Ratio) of 0.048, which attests that the entity had a 0.048% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for IO Biotech, which you can use to evaluate the volatility of the firm. Please utilize IO Biotech's Standard Deviation of 8.55, market risk adjusted performance of 0.2631, and Semi Deviation of 5.39 to validate if our risk estimates are consistent with your expectations.
At this time, IO Biotech's Stock Based Compensation is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 119.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 93.5 M in 2024. . At this time, IO Biotech's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.05 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (1.19) in 2024. IOBT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IOBT |
Sharpe Ratio = 0.048
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | IOBT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.59 actual daily | 76 76% of assets are less volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average IO Biotech 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 IO Biotech by adding it to a well-diversified portfolio.
Price Book 0.7963 | Book Value 2.021 | Enterprise Value -20.4 M | Enterprise Value Ebitda 1.3637 | Shares Float 27.8 M |
Related Headline
Pmv Pharmaceuticals Headline on 3rd of December 2024
Discover 3 US Penny Stocks With Market Caps Over 40M by simplywall.st
As the U.S. stock market reaches new heights with record closings for the SP 500 and Nasdaq, investors are exploring diverse opportunities beyond large-cap tech stocks. Penny stocks, while often associated with smaller or newer companies, remain a relevant area for those seeking unique investment possibilities. Despite their vintage-sounding name, these stocks can offer surprising value when backed by strong financials, providing potential for significant returns and stability.
IO Biotech Valuation on December 3, 2024
It is possible to determine the worth of IO Biotech on a given historical date. On December 3, 2024 IOBT was worth 0.89 at the beginning of the trading date compared to the closed value of 0.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IO Biotech stock. Still, in general, we apply an absolute valuation method to find IO Biotech'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 IO Biotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IO Biotech's related companies.
| Open | High | Low | Close | Volume | |
| 0.95 | 0.95 | 0.88 | 0.90 | 322,539 | |
12/03/2024 | 0.89 | 0.94 | 0.81 | 0.86 | 408,962 |
| 0.87 | 0.90 | 0.80 | 0.83 | 399,525 |
| Backtest IO Biotech | | | IO Biotech History | | | IO Biotech Valuation | Previous | Next |
IO Biotech Trading Date Momentum on December 3, 2024
| On December 04 2024 IO Biotech was traded for 0.83 at the closing time. The top price for the day was 0.90 and the lowest listed price was 0.80 . The trading volume for the day was 399.5 K. The trading history from December 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.49% . The trading delta at closing time against the current closing price is 2.33% . |
IO Biotech Fundamentals Correlations and Trends
By evaluating IO Biotech'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 IO Biotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IOBT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IO Biotech Stock history
IO Biotech 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 IOBT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IO Biotech 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 IO Biotech stock prices may prove useful in developing a viable investing in IO Biotech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 43.5 M | 34.9 M | |
| Net Loss | -64.3 M | -67.5 M |
IO Biotech Quarterly Net Working Capital |
|
IO Biotech Stock Technical Analysis
IO Biotech 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
IO Biotech Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
IO Biotech 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.
IO Biotech December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how IO Biotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IO Biotech shares will generate the highest return on investment. By undertsting and applying IO Biotech stock market strength indicators, traders can identify IO Biotech entry and exit signals to maximize returns
IO Biotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IO Biotech's price direction in advance. Along with the technical and fundamental analysis of IOBT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IOBT 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 | 0.0265 | |||
| Jensen Alpha | 0.1072 | |||
| Total Risk Alpha | (1.16) | |||
| Sortino Ratio | 0.0138 | |||
| Treynor Ratio | 0.2531 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for IOBT Stock Analysis
When running IO Biotech's price analysis, check to measure IO Biotech'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 IO Biotech is operating at the current time. Most of IO Biotech's value examination focuses on studying past and present price action to predict the probability of IO Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IO Biotech's price. Additionally, you may evaluate how the addition of IO Biotech to your portfolios can decrease your overall portfolio volatility.