Nanobiotix (France) Price on May 29, 2024
NANO Stock | EUR 3.22 0.07 2.13% |
If you're considering investing in Nanobiotix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nanobiotix stands at 3.22, as last reported on the 14th of December 2024, with the highest price reaching 3.44 and the lowest price hitting 3.22 during the day. Nanobiotix SA has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Nanobiotix exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nanobiotix's Risk Adjusted Performance of (0.09), mean deviation of 2.14, and Standard Deviation of 3.0 to check out the risk estimate we provide.
Nanobiotix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nanobiotix |
Sharpe Ratio = -0.1413
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Estimated Market Risk
3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nanobiotix 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 Nanobiotix by adding Nanobiotix to a well-diversified portfolio.
Nanobiotix Valuation on May 29, 2024
It is possible to determine the worth of Nanobiotix on a given historical date. On May 29, 2024 Nanobiotix was worth 6.15 at the beginning of the trading date compared to the closed value of 6.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nanobiotix stock. Still, in general, we apply an absolute valuation method to find Nanobiotix'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 Nanobiotix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nanobiotix's related companies.
Open | High | Low | Close | Volume | |
6.17 | 6.21 | 6.03 | 6.15 | 40,842 | |
05/29/2024 | 6.15 | 6.25 | 6.06 | 6.11 | 41,937 |
6.11 | 6.49 | 6.04 | 6.48 | 68,664 |
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Nanobiotix Trading Date Momentum on May 29, 2024
On May 30 2024 Nanobiotix SA was traded for 6.48 at the closing time. The highest price during the trading period was 6.49 and the lowest recorded bid was listed for 6.04 . The volume for the day was 68.7 K. This history from May 30, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 6.06% . The trading delta at closing time to the current price is 14.73% . |
Nanobiotix SA Fundamentals Correlations and Trends
By evaluating Nanobiotix'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 Nanobiotix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nanobiotix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nanobiotix Stock history
Nanobiotix 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 Nanobiotix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nanobiotix SA 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 Nanobiotix stock prices may prove useful in developing a viable investing in Nanobiotix
Nanobiotix SA, a late stage clinical company, develops and sells nanomedicine for the treatment of cancer worldwide. Nanobiotix SA was incorporated in 2003 and is headquartered in Paris, France. NANOBIOTIX operates under Drug Manufacturers - Major classification in France and is traded on Paris Stock Exchange. It employs 102 people.
Nanobiotix Stock Technical Analysis
Nanobiotix 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
Nanobiotix Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Nanobiotix SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Nanobiotix December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Nanobiotix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nanobiotix shares will generate the highest return on investment. By undertsting and applying Nanobiotix stock market strength indicators, traders can identify Nanobiotix SA entry and exit signals to maximize returns
Nanobiotix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nanobiotix's price direction in advance. Along with the technical and fundamental analysis of Nanobiotix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nanobiotix 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 | (0.09) | |||
Jensen Alpha | (0.43) | |||
Total Risk Alpha | (0.80) | |||
Treynor Ratio | (4.97) |
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Complementary Tools for Nanobiotix Stock analysis
When running Nanobiotix's price analysis, check to measure Nanobiotix'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 Nanobiotix is operating at the current time. Most of Nanobiotix's value examination focuses on studying past and present price action to predict the probability of Nanobiotix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanobiotix's price. Additionally, you may evaluate how the addition of Nanobiotix to your portfolios can decrease your overall portfolio volatility.
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