Veracyte Stock Price on December 18, 2024

VCYT Stock  USD 42.24  1.09  2.52%   
Below is the normalized historical share price chart for Veracyte extending back to October 30, 2013. 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 Veracyte stands at 42.24, as last reported on the 18th of December 2024, with the highest price reaching 43.33 and the lowest price hitting 42.09 during the day.
IPO Date
30th of October 2013
200 Day MA
27.805
50 Day MA
37.7186
Beta
1.668
 
Yuan Drop
 
Covid
If you're considering investing in Veracyte Stock, it is important to understand the factors that can impact its price. Veracyte appears to be very steady, given 3 months investment horizon. Veracyte owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Veracyte, which you can use to evaluate the volatility of the company. Please review Veracyte's Coefficient Of Variation of 681.33, semi deviation of 2.28, and Risk Adjusted Performance of 0.1136 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Veracyte's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 86.9 K in 2024, whereas Capital Stock is likely to drop slightly above 66.9 K in 2024. . At this time, Veracyte's Price To Operating Cash Flows Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 61.25 in 2024, whereas Price Book Value Ratio is likely to drop 1.82 in 2024. Veracyte Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1245

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Estimated Market Risk

 2.57
  actual daily
22
78% of assets are more volatile

Expected Return

 0.32
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Veracyte is performing at about 9% 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 Veracyte by adding it to a well-diversified portfolio.
Price Book
2.8554
Enterprise Value Ebitda
180.0275
Price Sales
7.6966
Shares Float
77.2 M
Wall Street Target Price
43.2222

Veracyte Main Headline on 17th of December 2024

McKesson, Doximity and Veracyte are included in this Analyst Blog.

Veracyte Valuation on December 18, 2024

It is possible to determine the worth of Veracyte on a given historical date. On December 18, 2024 Veracyte was worth 43.12 at the beginning of the trading date compared to the closed value of 42.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Veracyte stock. Still, in general, we apply an absolute valuation method to find Veracyte'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 Veracyte where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Veracyte's related companies.
 Open High Low Close Volume
  43.55    43.88    42.90    43.33    469,425  
12/17/2024
  43.12    43.33    42.09    42.24    726,627  
Backtest Veracyte  |  Veracyte History  |  Veracyte Valuation   Previous
Open Value
43.12
42.24
Closing Value
50.83
Upside

Veracyte Trading Date Momentum on December 18, 2024

On December 17 2024 Veracyte was traded for  42.24  at the closing time. The top price for the day was 43.33  and the lowest listed price was  42.09 . The trading volume for the day was 726.6 K. The trading history from December 17, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 2.08% .

Veracyte Fundamentals Correlations and Trends

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

About Veracyte Stock history

Veracyte 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 Veracyte is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Veracyte 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 Veracyte stock prices may prove useful in developing a viable investing in Veracyte
Last ReportedProjected for Next Year
Common Stock Shares Outstanding72.6 M41.6 M
Net Loss-32.9 M-34.5 M

Veracyte Quarterly Net Working Capital

286.54 Million

Veracyte Stock Technical Analysis

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

Veracyte Period Price Range

Low
December 18, 2024
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High

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Veracyte 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.

Veracyte December 18, 2024 Market Strength

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

Veracyte Technical and Predictive Indicators

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

Additional Tools for Veracyte Stock Analysis

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