Cassava Sciences Stock Price on April 15, 2024

SAVA Stock  USD 2.63  0.28  11.91%   
Below is the normalized historical share price chart for Cassava Sciences extending back to July 14, 2000. 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 Cassava Sciences stands at 2.63, as last reported on the 23rd of December, with the highest price reaching 2.63 and the lowest price hitting 2.23 during the day.
IPO Date
14th of July 2000
200 Day MA
21.0912
50 Day MA
17.992
Beta
(0.58)
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cassava Stock, it is important to understand the factors that can impact its price. Cassava Sciences secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Cassava Sciences exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cassava Sciences' Mean Deviation of 5.54, standard deviation of 11.83, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide.
  
At present, Cassava Sciences' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 544.1 M, whereas Total Stockholder Equity is forecasted to decline to about 80.1 M. . At present, Cassava Sciences' Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 7.21, whereas Price To Sales Ratio is projected to grow to (720.8 K). Cassava Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1704

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Estimated Market Risk

 11.93
  actual daily
96
96% of assets are less volatile

Expected Return

 -2.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cassava Sciences 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 Cassava Sciences by adding Cassava Sciences to a well-diversified portfolio.
Price Book
0.6814
Book Value
3.473
Enterprise Value
-7.6 M
Enterprise Value Ebitda
(8.26)
Shares Float
42.9 M

Related Headline

Vir Biotechnology Headline on 15th of April 2024

Filed transaction by Vir Biotechnology 10 Percent Owner. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Cassava Sciences Valuation on April 15, 2024

It is possible to determine the worth of Cassava Sciences on a given historical date. On April 15, 2024 Cassava was worth 22.78 at the beginning of the trading date compared to the closed value of 20.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cassava Sciences stock. Still, in general, we apply an absolute valuation method to find Cassava Sciences' 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 Cassava Sciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cassava Sciences' related companies.
 Open High Low Close Volume
  26.00    26.45    22.50    22.75    1,877,352  
04/15/2024
  22.78    22.93    19.61    20.01    2,105,885  
  19.97    21.74    19.43    21.03    1,246,477  
Backtest Cassava Sciences  |  Cassava Sciences History  |  Cassava Sciences Valuation   PreviousNext  
Open Value
22.78
20.01
Closing Value
58.58
Upside

Cassava Sciences Trading Date Momentum on April 15, 2024

On April 16 2024 Cassava Sciences was traded for  21.03  at the closing time. The top price for the day was 21.74  and the lowest listed price was  19.43 . The trading volume for the day was 1.2 M. The trading history from April 16, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 5.10% . The overall trading delta against the current closing price is 2.85% .

Cassava Sciences Fundamentals Correlations and Trends

By evaluating Cassava Sciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cassava Sciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cassava financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cassava Sciences Stock history

Cassava Sciences 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 Cassava is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cassava Sciences 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 Cassava Sciences stock prices may prove useful in developing a viable investing in Cassava Sciences
Last ReportedProjected for Next Year
Common Stock Shares Outstanding41.9 M44 M
Net Loss-68.6 M-65.2 M

Cassava Sciences Quarterly Net Working Capital

145.51 Million

Cassava Sciences Stock Technical Analysis

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

Cassava Sciences Period Price Range

Low
December 23, 2024
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High

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Cassava Sciences 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.

Cassava Sciences December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Cassava Sciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cassava Sciences shares will generate the highest return on investment. By undertsting and applying Cassava Sciences stock market strength indicators, traders can identify Cassava Sciences entry and exit signals to maximize returns

Cassava Sciences Technical and Predictive Indicators

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

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