Scilex Holding Stock Price on January 2, 2025
If you're considering investing in Scilex Stock, it is important to understand the factors that can impact its price. Scilex Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19 % return per unit of risk over the last 3 months. Scilex Holding exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scilex Holding's Coefficient Of Variation of (535.47), variance of 38.48, and Risk Adjusted Performance of (0.15) to confirm the risk estimate we provide.
Scilex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scilex |
Sharpe Ratio = -0.1868
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Estimated Market Risk
6.2 actual daily | 55 55% of assets are less volatile |
Expected Return
-1.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scilex Holding 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 Scilex Holding by adding Scilex Holding to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Scilex Holding Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
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Scilex Holding January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Scilex Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scilex Holding shares will generate the highest return on investment. By undertsting and applying Scilex Holding stock market strength indicators, traders can identify Scilex Holding entry and exit signals to maximize returns
Scilex Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scilex Holding's price direction in advance. Along with the technical and fundamental analysis of Scilex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scilex 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 | (0.15) | |||
Jensen Alpha | (1.17) | |||
Total Risk Alpha | (1.50) | |||
Treynor Ratio | (16.25) |
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Price Transform | ||
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Tools for Scilex Stock
When running Scilex Holding's price analysis, check to measure Scilex Holding'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 Scilex Holding is operating at the current time. Most of Scilex Holding's value examination focuses on studying past and present price action to predict the probability of Scilex Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scilex Holding's price. Additionally, you may evaluate how the addition of Scilex Holding to your portfolios can decrease your overall portfolio volatility.
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