Illumina Stock Price on April 27, 2024
| ILMN Stock | USD 110.53 0.82 0.74% |
Below is the normalized historical share price chart for Illumina extending back to July 28, 2000. 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 Illumina stands at 110.53, as last reported on the 11th of May 2024, with the highest price reaching 112.24 and the lowest price hitting 109.53 during the day.
If you're considering investing in Illumina Stock, it is important to understand the factors that can impact its price. Illumina holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Illumina exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Illumina's Market Risk Adjusted Performance of 6.15, risk adjusted performance of (0.09), and Standard Deviation of 2.35 to validate the risk estimate we provide.
At this time, Illumina's Total Stockholder Equity is very stable compared to the past year. As of the 11th of May 2024, Liabilities And Stockholders Equity is likely to grow to about 10.6 B, while Common Stock Shares Outstanding is likely to drop about 127.8 M. . At this time, Illumina's Price Fair Value is very stable compared to the past year. Illumina Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of July 2000 | 200 Day MA 135.561 | 50 Day MA 128.0074 | Beta 1.203 |
Illumina |
Sharpe Ratio = -0.1473
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| Negative Returns | ILMN |
Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Illumina 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 Illumina by adding Illumina to a well-diversified portfolio.
Price Book 3.5227 | Enterprise Value Ebitda (35.27) | Price Sales 4.493 | Shares Float 158.8 M | Wall Street Target Price 150.96 |
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Illumina Valuation on April 27, 2024
It is possible to determine the worth of Illumina on a given historical date. On April 27, 2024 Illumina was worth 119.65 at the beginning of the trading date compared to the closed value of 122.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Illumina stock. Still, in general, we apply an absolute valuation method to find Illumina'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 Illumina where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Illumina's related companies.
| Open | High | Low | Close | Volume | |
| 121.97 | 122.04 | 116.91 | 121.05 | 962,384 | |
04/26/2024 | 119.65 | 123.73 | 118.97 | 122.28 | 829,331 |
| 123.66 | 126.16 | 123.35 | 124.73 | 908,814 |
| Backtest Illumina | | | Illumina History | | | Illumina Valuation | Previous | Next |
Illumina Trading Date Momentum on April 27, 2024
| On April 29 2024 Illumina was traded for 124.73 at the closing time. The top price for the day was 126.16 and the lowest listed price was 123.35 . The trading volume for the day was 908.8 K. The trading history from April 29, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 2.00% . The trading delta at closing time against the current closing price is 3.47% . |
Illumina Fundamentals Correlations and Trends
By evaluating Illumina'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 Illumina's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Illumina financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Illumina Stock history
Illumina 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 Illumina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Illumina 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 Illumina stock prices may prove useful in developing a viable investing in Illumina
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 158 M | 127.8 M | |
| Net Loss | -4 B | -3.8 B |
Illumina Stock Technical Analysis
Illumina 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
Illumina Period Price Range
Low | April 26, 2024
| High |
119.65 | 122.28 |
Illumina May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Illumina stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Illumina shares will generate the highest return on investment. By undertsting and applying Illumina stock market strength indicators, traders can identify Illumina entry and exit signals to maximize returns
| Accumulation Distribution | 31905.08 | |||
| Daily Balance Of Power | 0.5525 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 121.35 | |||
| Day Typical Price | 121.66 | |||
| Price Action Indicator | 2.24 | |||
| Period Momentum Indicator | (11.75) |
Illumina Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Illumina's price direction in advance. Along with the technical and fundamental analysis of Illumina Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Illumina 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 | (0.09) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | 6.14 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illumina. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Illumina Stock, please use our How to Invest in Illumina guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Illumina Stock analysis
When running Illumina's price analysis, check to measure Illumina'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 Illumina is operating at the current time. Most of Illumina's value examination focuses on studying past and present price action to predict the probability of Illumina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illumina's price. Additionally, you may evaluate how the addition of Illumina to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Global Correlations Find global opportunities by holding instruments from different markets |
Is Illumina's industry 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 Illumina. If investors know Illumina 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 Illumina listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Earnings Share (8.15) | Revenue Per Share 28.392 | Quarterly Revenue Growth (0.01) | Return On Assets (0.01) |
The market value of Illumina is measured differently than its book value, which is the value of Illumina that is recorded on the company's balance sheet. Investors also form their own opinion of Illumina's value that differs from its market value or its book value, called intrinsic value, which is Illumina'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 Illumina's market value can be influenced by many factors that don't directly affect Illumina'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 Illumina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Illumina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Illumina'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.