Prelude Therapeutics Stock Price on November 22, 2024
| PRLD Stock | USD 0.91 0.02 2.25% |
If you're considering investing in Prelude Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prelude Therapeutics stands at 0.91, as last reported on the 18th of December 2024, with the highest price reaching 1.00 and the lowest price hitting 0.85 during the day. Prelude Therapeutics maintains Sharpe Ratio (i.e., Efficiency) of -0.32, which implies the firm had a -0.32% return per unit of risk over the last 3 months. Prelude Therapeutics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prelude Therapeutics' Risk Adjusted Performance of (0.25), variance of 21.16, and Coefficient Of Variation of (307.83) to confirm the risk estimate we provide.
Prelude Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prelude |
Sharpe Ratio = -0.3249
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Estimated Market Risk
| 4.6 actual daily | 40 60% of assets are more volatile |
Expected Return
| -1.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.32 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prelude Therapeutics 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 Prelude Therapeutics by adding Prelude Therapeutics to a well-diversified portfolio.
Related Headline
AN2 Therapeutics Headline on 22nd of November 2024
Filed transaction by AN2 Therapeutics Director, 10 Percent Owner . Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Prelude Therapeutics Valuation on November 22, 2024
It is possible to determine the worth of Prelude Therapeutics on a given historical date. On November 22, 2024 Prelude was worth 0.96 at the beginning of the trading date compared to the closed value of 0.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prelude Therapeutics stock. Still, in general, we apply an absolute valuation method to find Prelude Therapeutics' 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 Prelude Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prelude Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 0.96 | 0.97 | 0.94 | 0.97 | 179,324 | |
11/22/2024 | 0.96 | 0.97 | 0.94 | 0.95 | 288,429 |
| 0.95 | 0.97 | 0.94 | 0.96 | 347,796 |
| Backtest Prelude Therapeutics | | | Prelude Therapeutics History | | | Prelude Therapeutics Valuation | Previous | Next |
Prelude Therapeutics Trading Date Momentum on November 22, 2024
| On November 25 2024 Prelude Therapeutics was traded for 0.96 at the closing time. The top price for the day was 0.97 and the lowest listed price was 0.94 . The trading volume for the day was 347.8 K. The trading history from November 25, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.05% . The trading delta at closing time against the current closing price is 12.63% . |
Prelude Therapeutics Fundamentals Correlations and Trends
By evaluating Prelude Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prelude Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prelude financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prelude Therapeutics Stock history
Prelude Therapeutics 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 Prelude is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prelude Therapeutics 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 Prelude Therapeutics stock prices may prove useful in developing a viable investing in Prelude Therapeutics
Prelude Therapeutics Incorporated, a clinical-stage precision oncology company, focuses on the discovery and development of novel precision cancer medicines to underserved patients. The company was incorporated in 2016 and is headquartered in Wilmington, Delaware. Prelude Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 112 people.
Prelude Therapeutics Stock Technical Analysis
Prelude Therapeutics 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
Prelude Therapeutics Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Prelude Therapeutics 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.
Prelude Therapeutics December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Prelude Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prelude Therapeutics shares will generate the highest return on investment. By undertsting and applying Prelude Therapeutics stock market strength indicators, traders can identify Prelude Therapeutics entry and exit signals to maximize returns
Prelude Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prelude Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Prelude Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prelude 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 | (0.25) | |||
| Jensen Alpha | (1.53) | |||
| Total Risk Alpha | (1.61) | |||
| Treynor Ratio | (1.25) |
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Complementary Tools for Prelude Stock analysis
When running Prelude Therapeutics' price analysis, check to measure Prelude Therapeutics' 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 Prelude Therapeutics is operating at the current time. Most of Prelude Therapeutics' value examination focuses on studying past and present price action to predict the probability of Prelude Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prelude Therapeutics' price. Additionally, you may evaluate how the addition of Prelude Therapeutics to your portfolios can decrease your overall portfolio volatility.
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