Sunshine Biopharma Warrant Stock Price on May 23, 2024
| SBFMW Stock | USD 0.23 0.09 64.29% |
If you're considering investing in Sunshine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sunshine Biopharma stands at 0.23, as last reported on the 29th of December, with the highest price reaching 0.30 and the lowest price hitting 0.12 during the day. Sunshine Biopharma is out of control given 3 months investment horizon. Sunshine Biopharma owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.86% are justified by taking the suggested risk. Use Sunshine Biopharma Semi Deviation of 15.87, risk adjusted performance of 0.1286, and Coefficient Of Variation of 670.62 to evaluate company specific risk that cannot be diversified away.
At this time, Sunshine Biopharma's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 28.7 M in 2024, whereas Common Stock is likely to drop slightly above 26.6 K in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.02 in 2024, whereas Price To Sales Ratio is likely to drop 0.26 in 2024. Sunshine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sunshine |
Sharpe Ratio = 0.1572
| Best Portfolio | Best Equity | SBFMW | ||
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Estimated Market Risk
| 24.55 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.86 actual daily | 77 77% of assets have lower returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Sunshine Biopharma is performing at about 12% 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.
Book Value 12.515 | Shares Float 2 M | Shares Short Prior Month 5 K | Earnings Share (2.21) | Shares Short 2.8 K |
Sunshine Biopharma Valuation on May 23, 2024
It is possible to determine the worth of Sunshine Biopharma on a given historical date. On May 23, 2024 Sunshine was worth 0.14 at the beginning of the trading date compared to the closed value of 0.14. 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 | |
| 0.11 | 0.11 | 0.1 | 0.1 | 5,100 | |
05/23/2024 | 0.14 | 0.14 | 0.1 | 0.14 | 1,322 |
| 0.10 | 0.10 | 0.08 | 0.08 | 7,720 |
| Backtest Sunshine Biopharma | | | Sunshine Biopharma History | | | Sunshine Biopharma Valuation | Previous | Next |
Sunshine Biopharma Trading Date Momentum on May 23, 2024
| On May 24 2024 Sunshine Biopharma Warrant was traded for 0.08 at the closing time. The highest daily price throughout the period was 0.10 and the lowest price was 0.08 . The daily volume was 7.7 K. The net trading volume on 05/24/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 40.21% . The trading price change to current closing price is 35.71% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.2 K | 11.6 K | |
| Net Loss | -11.2 M | -10.6 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.
Price Boundaries
Sunshine Biopharma Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Sunshine Biopharma Warrant 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 29, 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 Warrant 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.
| Risk Adjusted Performance | 0.1286 | |||
| Jensen Alpha | 3.93 | |||
| Total Risk Alpha | 3.1 | |||
| Sortino Ratio | 0.189 | |||
| Treynor Ratio | (0.75) |
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Additional Tools for Sunshine Stock Analysis
When running Sunshine Biopharma's price analysis, check to measure Sunshine Biopharma'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 Sunshine Biopharma is operating at the current time. Most of Sunshine Biopharma's value examination focuses on studying past and present price action to predict the probability of Sunshine Biopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunshine Biopharma's price. Additionally, you may evaluate how the addition of Sunshine Biopharma to your portfolios can decrease your overall portfolio volatility.