Sunshine Biopharma Stock Price on October 21, 2024

SBFM Stock  USD 2.69  0.02  0.74%   
Below is the normalized historical share price chart for Sunshine Biopharma extending back to October 30, 2009. 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 Sunshine Biopharma stands at 2.69, as last reported on the 13th of December 2024, with the highest price reaching 2.69 and the lowest price hitting 2.69 during the day.
IPO Date
30th of October 2009
200 Day MA
30.3586
50 Day MA
2.8374
Beta
(1.04)
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sunshine Stock, it is important to understand the factors that can impact its price. As of now, Sunshine Stock is very risky. Sunshine Biopharma owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0162, which indicates the firm had a 0.0162% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sunshine Biopharma, which you can use to evaluate the volatility of the company. Please validate Sunshine Biopharma's Semi Deviation of 4.73, risk adjusted performance of 0.0209, and Coefficient Of Variation of 5951.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.093%.
  
At this time, Sunshine Biopharma's Total Stockholder Equity is very stable compared to the past year. As of the 13th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 28.7 M, while Common Stock is likely to drop about 26.6 K. . As of the 13th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.02, while Price To Sales Ratio is likely to drop 0.26. Sunshine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0162

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Estimated Market Risk

 5.74
  actual daily
51
51% of assets are less volatile

Expected Return

 0.09
  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 Sunshine Biopharma 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 Sunshine Biopharma by adding it to a well-diversified portfolio.
Price Book
0.2309
Enterprise Value Ebitda
(7.73)
Price Sales
0.1753
Shares Float
M
Wall Street Target Price
300

Sunshine Biopharma Valuation on October 21, 2024

It is possible to determine the worth of Sunshine Biopharma on a given historical date. On October 21, 2024 Sunshine was worth 2.97 at the beginning of the trading date compared to the closed value of 3.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunshine Biopharma stock. Still, in general, we apply an absolute valuation method to find Sunshine Biopharma'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 Sunshine Biopharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunshine Biopharma's related companies.
 Open High Low Close Volume
  2.95    3.01    2.95    3.01    29,752  
10/21/2024
  2.97    3.10    2.97    3.06    59,809  
  3.04    3.19    3.00    3.14    188,664  
Backtest Sunshine Biopharma  |  Sunshine Biopharma History  |  Sunshine Biopharma Valuation   PreviousNext  
Open Value
2.97
3.06
Closing Value
20.18
Upside

Sunshine Biopharma Trading Date Momentum on October 21, 2024

On October 22 2024 Sunshine Biopharma was traded for  3.14  at the closing time. The top price for the day was 3.19  and the lowest listed price was  3.00 . The trading volume for the day was 188.7 K. The trading history from October 22, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 2.61% . The trading price change against the current closing price is 5.23% .

Sunshine Biopharma Fundamentals Correlations and Trends

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

About Sunshine Biopharma Stock history

Sunshine Biopharma 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 Sunshine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunshine Biopharma 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 Sunshine Biopharma stock prices may prove useful in developing a viable investing in Sunshine Biopharma
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.2 K8.8 K
Net Loss-24.1 M-22.9 M

Sunshine Biopharma Stock Technical Analysis

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

Sunshine Biopharma Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sunshine Biopharma 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.

Sunshine Biopharma December 13, 2024 Market Strength

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

Sunshine Biopharma Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sunshine Biopharma's price direction in advance. Along with the technical and fundamental analysis of Sunshine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunshine 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.
When determining whether Sunshine Biopharma is a strong investment it is important to analyze Sunshine Biopharma's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sunshine Biopharma's future performance. For an informed investment choice regarding Sunshine Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunshine Biopharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Sunshine Stock, please use our How to Invest in Sunshine Biopharma guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 Sunshine Biopharma. If investors know Sunshine 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 Sunshine Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(127.90)
Revenue Per Share
197.42
Quarterly Revenue Growth
0.416
Return On Assets
(0.11)
Return On Equity
(0.18)
The market value of Sunshine Biopharma is measured differently than its book value, which is the value of Sunshine that is recorded on the company's balance sheet. Investors also form their own opinion of Sunshine Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Sunshine Biopharma'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 Sunshine Biopharma's market value can be influenced by many factors that don't directly affect Sunshine Biopharma'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 Sunshine Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunshine Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunshine Biopharma'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.