Nuvation Bio Stock Price on December 18, 2024

NUVB Stock  USD 2.68  0.01  0.37%   
Below is the normalized historical share price chart for Nuvation Bio extending back to August 24, 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 Nuvation Bio stands at 2.68, as last reported on the 22nd of December, with the highest price reaching 2.76 and the lowest price hitting 2.57 during the day.
IPO Date
24th of August 2020
200 Day MA
2.8668
50 Day MA
2.611
Beta
1.359
 
Covid
If you're considering investing in Nuvation Stock, it is important to understand the factors that can impact its price. At this point, Nuvation Bio is very risky. Nuvation Bio has Sharpe Ratio of 0.0154, which conveys that the firm had a 0.0154% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Nuvation Bio, which you can use to evaluate the volatility of the firm. Please verify Nuvation Bio's Standard Deviation of 4.65, risk adjusted performance of 0.0016, and Mean Deviation of 3.55 to check out if the risk estimate we provide is consistent with the expected return of 0.0715%.
  
As of December 22, 2024, Total Stockholder Equity is expected to decline to about 514.6 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 206.3 M. At present, Nuvation Bio's Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.31, whereas Price Earnings Ratio is forecasted to decline to (4.58). Nuvation Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0154

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Estimated Market Risk

 4.64
  actual daily
41
59% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Nuvation Bio is performing at about 1% 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 Nuvation Bio by adding it to a well-diversified portfolio.
Price Book
1.7943
Enterprise Value Ebitda
2.2258
Price Sales
417.2061
Shares Float
233.8 M
Wall Street Target Price
6.5

Related Headline

Assembly Biosciences Headline on 18th of December 2024

Republicans will still be in charge when the Wisconsin Legislature returns to work in January but will have the narrowest majorities in years.

Nuvation Bio Valuation on December 18, 2024

It is possible to determine the worth of Nuvation Bio on a given historical date. On December 18, 2024 Nuvation was worth 2.84 at the beginning of the trading date compared to the closed value of 2.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuvation Bio stock. Still, in general, we apply an absolute valuation method to find Nuvation 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 Nuvation Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuvation Bio's related companies.
 Open High Low Close Volume
  2.70    2.87    2.65    2.81    3,124,946  
12/18/2024
  2.84    2.84    2.51    2.61    4,027,166  
  2.63    2.74    2.59    2.69    2,799,710  
Backtest Nuvation Bio  |  Nuvation Bio History  |  Nuvation Bio Valuation   PreviousNext  
Open Value
2.84
2.61
Closing Value
16.76
Upside

Nuvation Bio Trading Date Momentum on December 18, 2024

On December 19 2024 Nuvation Bio was traded for  2.69  at the closing time. The top price for the day was 2.74  and the lowest listed price was  2.59 . The trading volume for the day was 2.8 M. The trading history from December 19, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 3.07% . The trading delta at closing time against the current closing price is 0.77% .

Nuvation Bio Fundamentals Correlations and Trends

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

About Nuvation Bio Stock history

Nuvation 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 Nuvation is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuvation 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 Nuvation Bio stock prices may prove useful in developing a viable investing in Nuvation Bio
Last ReportedProjected for Next Year
Common Stock Shares Outstanding218.9 M206.3 M
Net Loss-93.8 M-89.1 M

Nuvation Bio Stock Technical Analysis

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

Nuvation Bio Period Price Range

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December 22, 2024
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Nuvation Bio cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Nuvation Bio December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Nuvation 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 Nuvation Bio shares will generate the highest return on investment. By undertsting and applying Nuvation Bio stock market strength indicators, traders can identify Nuvation Bio entry and exit signals to maximize returns

Nuvation Bio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nuvation Bio's price direction in advance. Along with the technical and fundamental analysis of Nuvation Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuvation 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.

Complementary Tools for Nuvation Stock analysis

When running Nuvation Bio's price analysis, check to measure Nuvation Bio'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 Nuvation Bio is operating at the current time. Most of Nuvation Bio's value examination focuses on studying past and present price action to predict the probability of Nuvation Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuvation Bio's price. Additionally, you may evaluate how the addition of Nuvation Bio to your portfolios can decrease your overall portfolio volatility.
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