Scworx Corp Stock Price on December 31, 2023

WORX Stock  USD 2.19  0.19  7.98%   
Below is the normalized historical share price chart for Scworx Corp extending back to October 06, 2016. 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 Scworx Corp stands at 2.19, as last reported on the 2nd of December, with the highest price reaching 2.30 and the lowest price hitting 2.10 during the day.
IPO Date
6th of October 2016
200 Day MA
1.6826
50 Day MA
1.3133
Beta
2.498
 
Covid
If you're considering investing in Scworx Stock, it is important to understand the factors that can impact its price. Scworx Corp is abnormally volatile given 3 months investment horizon. Scworx Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.14% are justified by taking the suggested risk. Use Scworx Corp Risk Adjusted Performance of 0.1021, coefficient of variation of 825.67, and Semi Deviation of 5.97 to evaluate company specific risk that cannot be diversified away.
  
At this time, Scworx Corp's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 1.3 M in 2024, whereas Common Stock Total Equity is likely to drop 8,283 in 2024. . At this time, Scworx Corp's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to rise to 0.52 in 2024, whereas Price To Sales Ratio is likely to drop 0.47 in 2024. Scworx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1277

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Estimated Market Risk

 16.73
  actual daily
96
96% of assets are less volatile

Expected Return

 2.14
  actual daily
42
58% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Scworx Corp is performing at about 10% 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 Scworx Corp by adding it to a well-diversified portfolio.
Price Book
0.8634
Enterprise Value Ebitda
(1.93)
Price Sales
1.2454
Shares Float
1.5 M
Earnings Share
(3.10)

Scworx Corp Valuation on December 31, 2023

It is possible to determine the worth of Scworx Corp on a given historical date. On December 31, 2023 Scworx was worth 2.18 at the beginning of the trading date compared to the closed value of 1.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scworx Corp stock. Still, in general, we apply an absolute valuation method to find Scworx Corp'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 Scworx Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scworx Corp's related companies.
 Open High Low Close Volume
  2.04    2.30    1.91    2.01    378,700  
12/29/2023
  2.18    2.19    1.80    1.84    98,300  
  1.85    1.91    1.82    1.83    56,100  
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Open Value
2.18
1.84
Closing Value
52.38
Upside

Scworx Corp Trading Date Momentum on December 31, 2023

On January 02 2024 Scworx Corp was traded for  1.83  at the closing time. The top price for the day was 1.91  and the lowest listed price was  1.82 . The trading volume for the day was 56.1 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.54% . The trading price change against the current closing price is 2.72% .

Scworx Corp Fundamentals Correlations and Trends

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

About Scworx Corp Stock history

Scworx Corp 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 Scworx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scworx Corp 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 Scworx Corp stock prices may prove useful in developing a viable investing in Scworx Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.2 M1.3 M
Net Loss-1.7 M-1.7 M

Scworx Corp Stock Technical Analysis

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

Scworx Corp Period Price Range

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December 2, 2024
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Scworx Corp December 2, 2024 Market Strength

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

Scworx Corp Technical and Predictive Indicators

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

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