MorphoSys AG ADR Price on May 1, 2024
If you're considering investing in MorphoSys Stock, it is important to understand the factors that can impact its price. We have found twenty-one technical indicators for MorphoSys, which you can use to evaluate the volatility of the firm. Please verify MorphoSys' Risk Adjusted Performance of 0.0543, mean deviation of 0.9575, and Downside Deviation of 1.42 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
MorphoSys Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average MorphoSys is not performing at its full potential. However, 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 MorphoSys by adding MorphoSys to a well-diversified portfolio.
Related Headline
Edgewise Therapeutics Headline on 1st of May 2024
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MorphoSys Valuation on May 1, 2024
It is possible to determine the worth of MorphoSys on a given historical date. On May 1, 2024 MorphoSys was worth 17.36 at the beginning of the trading date compared to the closed value of 17.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MorphoSys stock. Still, in general, we apply an absolute valuation method to find MorphoSys' 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 MorphoSys where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MorphoSys' related companies.
Open | High | Low | Close | Volume | |
17.67 | 17.72 | 17.35 | 17.41 | 1,299,350 | |
05/01/2024 | 17.36 | 17.71 | 17.21 | 17.51 | 502,740 |
17.50 | 17.95 | 17.48 | 17.87 | 765,866 |
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MorphoSys Trading Date Momentum on May 1, 2024
On May 02 2024 MorphoSys AG ADR was traded for 17.87 at the closing time. Highest MorphoSys's price during the trading hours was 17.95 and the lowest price during the day was 17.48 . The net volume was 765.9 K. The overall trading history on the 2nd of May contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 2.06% . The trading delta at closing time to current price is 3.26% . |
MorphoSys AG ADR Fundamentals Correlations and Trends
By evaluating MorphoSys' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MorphoSys' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MorphoSys financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MorphoSys Stock history
MorphoSys 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 MorphoSys is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MorphoSys AG ADR 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 MorphoSys stock prices may prove useful in developing a viable investing in MorphoSys
MorphoSys AG, a commercial-stage biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutic antibodies for patients suffering from cancer and autoimmune diseases in the United States. The company was founded in 1992 and is headquartered in Planegg, Germany. Morphosys operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 648 people.
MorphoSys Stock Technical Analysis
MorphoSys 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
MorphoSys Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
MorphoSys AG ADR 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.
MorphoSys December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how MorphoSys stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MorphoSys shares will generate the highest return on investment. By undertsting and applying MorphoSys stock market strength indicators, traders can identify MorphoSys AG ADR entry and exit signals to maximize returns
MorphoSys Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MorphoSys' price direction in advance. Along with the technical and fundamental analysis of MorphoSys Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MorphoSys 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 | 0.0543 | |||
Jensen Alpha | 0.0844 | |||
Total Risk Alpha | 0.0019 | |||
Sortino Ratio | 0.0264 | |||
Treynor Ratio | (0.94) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. 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. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in MorphoSys Stock
If you are still planning to invest in MorphoSys AG ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MorphoSys' history and understand the potential risks before investing.
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