Kronos Bio Stock Price on July 19, 2024

KRON Stock  USD 1.05  0.02  1.87%   
Below is the normalized historical share price chart for Kronos Bio extending back to October 09, 2020. 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 Kronos Bio stands at 1.05, as last reported on the 11th of December 2024, with the highest price reaching 1.09 and the lowest price hitting 1.02 during the day.
IPO Date
9th of October 2020
200 Day MA
1.0463
50 Day MA
0.9381
Beta
1.864
 
Covid
If you're considering investing in Kronos Stock, it is important to understand the factors that can impact its price. Kronos Bio appears to be risky, given 3 months investment horizon. Kronos Bio has Sharpe Ratio of 0.0645, which conveys that the firm had a 0.0645% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Kronos Bio, which you can use to evaluate the volatility of the firm. Please exercise Kronos Bio's Downside Deviation of 4.46, mean deviation of 2.87, and Risk Adjusted Performance of 0.0444 to check out if our risk estimates are consistent with your expectations.
  
At this time, Kronos Bio's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 279.9 M, while Common Stock Total Equity is likely to drop about 39.2 K. . At this time, Kronos Bio's Price Book Value Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.04, while Price To Sales Ratio is likely to drop 9.18. Kronos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0645

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsKRON
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.87
  actual daily
34
66% of assets are more volatile

Expected Return

 0.25
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
5
95% of assets perform better
Based on monthly moving average Kronos Bio is performing at about 5% 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 Kronos Bio by adding it to a well-diversified portfolio.
Price Book
0.581
Enterprise Value Ebitda
0.8087
Price Sales
7.6753
Shares Float
42.9 M
Wall Street Target Price
2.25

Kronos Bio Valuation on July 19, 2024

It is possible to determine the worth of Kronos Bio on a given historical date. On July 19, 2024 Kronos was worth 1.3 at the beginning of the trading date compared to the closed value of 1.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kronos Bio stock. Still, in general, we apply an absolute valuation method to find Kronos Bio'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 Kronos Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kronos Bio's related companies.
 Open High Low Close Volume
  1.40    1.44    1.31    1.32    121,356  
07/19/2024
  1.30    1.38    1.25    1.25    189,926  
  1.24    1.30    1.21    1.25    128,948  
Backtest Kronos Bio  |  Kronos Bio History  |  Kronos Bio Valuation   PreviousNext  
Open Value
1.3
1.25
Closing Value
12.90
Upside

Kronos Bio Trading Date Momentum on July 19, 2024

On July 22 2024 Kronos Bio was traded for  1.25  at the closing time. The top price for the day was 1.30  and the lowest listed price was  1.21 . The trading volume for the day was 128.9 K. The trading history from July 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 4.00% .

Kronos Bio Fundamentals Correlations and Trends

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

About Kronos Bio Stock history

Kronos Bio 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 Kronos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kronos Bio 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 Kronos Bio stock prices may prove useful in developing a viable investing in Kronos Bio
Last ReportedProjected for Next Year
Common Stock Shares Outstanding57.7 M55.8 M
Net Loss-119.9 M-125.9 M

Kronos Bio Quarterly Net Working Capital

112.54 Million

Kronos Bio Stock Technical Analysis

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

Kronos Bio Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Kronos Bio 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.

Kronos Bio December 11, 2024 Market Strength

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

Kronos Bio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Kronos Bio's price direction in advance. Along with the technical and fundamental analysis of Kronos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kronos 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 Kronos Bio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kronos Bio'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 Kronos Bio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kronos Bio Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kronos Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Kronos Stock, please use our How to Invest in Kronos Bio guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 Kronos Bio. If investors know Kronos 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 Kronos Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.43)
Revenue Per Share
0.143
Quarterly Revenue Growth
0.442
Return On Assets
(0.28)
Return On Equity
(0.63)
The market value of Kronos Bio is measured differently than its book value, which is the value of Kronos that is recorded on the company's balance sheet. Investors also form their own opinion of Kronos Bio's value that differs from its market value or its book value, called intrinsic value, which is Kronos Bio'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 Kronos Bio's market value can be influenced by many factors that don't directly affect Kronos Bio'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 Kronos Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kronos Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kronos Bio'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.