Nuvalent Stock Price on February 27, 2023
| NUVL Stock | USD 82.06 0.59 0.71% |
If you're considering investing in Nuvalent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nuvalent stands at 82.06, as last reported on the 27th of December, with the highest price reaching 83.11 and the lowest price hitting 81.51 during the day. Nuvalent has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Nuvalent exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuvalent's Standard Deviation of 2.16, risk adjusted performance of (0.10), and Mean Deviation of 1.51 to check out the risk estimate we provide.
At this time, Nuvalent's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 769 M this year, although the value of Capital Stock will most likely fall to 3,960. . At this time, Nuvalent's Price Book Value Ratio is quite stable compared to the past year. Price To Book Ratio is expected to rise to 6.42 this year, although the value of Price Earnings To Growth Ratio will most likely fall to (0.76). Nuvalent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuvalent |
Sharpe Ratio = -0.1529
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Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nuvalent 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 Nuvalent by adding Nuvalent to a well-diversified portfolio.
Price Book 5.238 | Book Value 15.806 | Enterprise Value 4.7 B | Enterprise Value Ebitda (22.26) | Shares Float 41 M |
Nuvalent Valuation on February 27, 2023
It is possible to determine the worth of Nuvalent on a given historical date. On February 27, 2023 Nuvalent was worth 30.33 at the beginning of the trading date compared to the closed value of 30.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuvalent stock. Still, in general, we apply an absolute valuation method to find Nuvalent'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 Nuvalent where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuvalent's related companies.
| Open | High | Low | Close | Volume | |
| 30.04 | 30.63 | 29.54 | 30.09 | 90,282 | |
02/27/2023 | 30.33 | 31.14 | 28.90 | 30.66 | 82,737 |
| 30.67 | 31.22 | 29.94 | 30.29 | 173,755 |
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Nuvalent Trading Date Momentum on February 27, 2023
| On February 28 2023 Nuvalent was traded for 30.29 at the closing time. The top price for the day was 31.22 and the lowest listed price was 29.94 . The trading volume for the day was 173.8 K. The trading history from February 28, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.21% . The trading delta at closing time against the current closing price is 4.63% . |
Nuvalent Fundamentals Correlations and Trends
By evaluating Nuvalent'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 Nuvalent's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nuvalent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nuvalent Stock history
Nuvalent 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 Nuvalent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuvalent 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 Nuvalent stock prices may prove useful in developing a viable investing in Nuvalent
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 58.2 M | 55.6 M | |
| Net Loss | -73.7 M | -70 M |
Nuvalent Quarterly Net Working Capital |
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Nuvalent Stock Technical Analysis
Nuvalent 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
Nuvalent Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Nuvalent 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.
Nuvalent December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuvalent stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuvalent shares will generate the highest return on investment. By undertsting and applying Nuvalent stock market strength indicators, traders can identify Nuvalent entry and exit signals to maximize returns
Nuvalent Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuvalent's price direction in advance. Along with the technical and fundamental analysis of Nuvalent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuvalent 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 | (0.10) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.91) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuvalent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Nuvalent Stock please use our How to buy in Nuvalent Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Nuvalent. If investors know Nuvalent 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 Nuvalent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.49) | Return On Assets (0.19) | Return On Equity (0.30) |
The market value of Nuvalent is measured differently than its book value, which is the value of Nuvalent that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvalent's value that differs from its market value or its book value, called intrinsic value, which is Nuvalent'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 Nuvalent's market value can be influenced by many factors that don't directly affect Nuvalent'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 Nuvalent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvalent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvalent'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.