Solid Biosciences Llc Stock Price on April 27, 2024
| SLDB Stock | USD 10.42 0.42 4.20% |
Below is the normalized historical share price chart for Solid Biosciences LLC extending back to January 26, 2018. 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 Solid Biosciences stands at 10.42, as last reported on the 8th of May, with the highest price reaching 10.58 and the lowest price hitting 9.80 during the day.
If you're considering investing in Solid Stock, it is important to understand the factors that can impact its price. Solid Biosciences appears to be slightly risky, given 3 months investment horizon. Solid Biosciences LLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Solid Biosciences' technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review Solid Biosciences' Semi Deviation of 3.74, coefficient of variation of 710.86, and Risk Adjusted Performance of 0.0966 to confirm if our risk estimates are consistent with your expectations.
At present, Solid Biosciences' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 8.3 M, whereas Total Stockholder Equity is forecasted to decline to about 82.2 M. . At present, Solid Biosciences' Price To Sales Ratio is projected to drop slightly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.01, whereas Price Earnings Ratio is forecasted to decline to (1.34). Solid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of January 2018 | 200 Day MA 6.1169 | 50 Day MA 10.9712 | Beta 1.944 |
Solid |
Sharpe Ratio = 0.1375
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Estimated Market Risk
| 5.14 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Solid Biosciences 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 Solid Biosciences by adding it to a well-diversified portfolio.
Price Book 3.0956 | Enterprise Value Ebitda (2.89) | Price Sales 3.6454 | Shares Float 18.1 M | Wall Street Target Price 17 |
Solid Biosciences Main Headline on 26th of April 2024
Acquisition by Bain Capital Life Sciences Investors, Llc of ... by MacroaxisInsider
Filed transaction by Solid Biosciences LLC Director, 10 Percent Owner . Grant, award or other acquisition pursuant to Rule 16b-3
Solid Biosciences Valuation on April 27, 2024
It is possible to determine the worth of Solid Biosciences on a given historical date. On April 27, 2024 Solid was worth 8.52 at the beginning of the trading date compared to the closed value of 8.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solid Biosciences stock. Still, in general, we apply an absolute valuation method to find Solid Biosciences' 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 Solid Biosciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solid Biosciences' related companies.
| Open | High | Low | Close | Volume | |
| 8.51 | 8.62 | 7.95 | 8.54 | 378,947 | |
04/26/2024 | 8.52 | 9.08 | 8.41 | 8.98 | 189,872 |
| 9.15 | 9.40 | 8.74 | 8.79 | 113,767 |
| Backtest Solid Biosciences | | | Solid Biosciences History | | | Solid Biosciences Valuation | Previous | Next |
Solid Biosciences Trading Date Momentum on April 27, 2024
| On April 29 2024 Solid Biosciences LLC was traded for 8.79 at the closing time. The top price for the day was 9.40 and the lowest listed price was 8.74 . The trading volume for the day was 113.8 K. The trading history from April 29, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.12% . The trading price change against the current closing price is 13.92% . |
Solid Biosciences LLC Fundamentals Correlations and Trends
By evaluating Solid Biosciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Solid Biosciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Solid Biosciences Stock history
Solid Biosciences 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 Solid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solid Biosciences LLC 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 Solid Biosciences stock prices may prove useful in developing a viable investing in Solid Biosciences
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.9 M | 20.9 M | |
| Net Loss | -77.4 M | -81.3 M |
Solid Biosciences Quarterly Net Working Capital |
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Solid Biosciences Stock Technical Analysis
Solid Biosciences 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
Solid Biosciences Period Price Range
Low | April 26, 2024
| High |
8.52 | 8.98 |
Solid Biosciences May 8, 2024 Market Strength
Market strength indicators help investors to evaluate how Solid Biosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solid Biosciences shares will generate the highest return on investment. By undertsting and applying Solid Biosciences stock market strength indicators, traders can identify Solid Biosciences LLC entry and exit signals to maximize returns
Solid Biosciences Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solid Biosciences' price direction in advance. Along with the technical and fundamental analysis of Solid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solid 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 | 0.0966 | |||
| Jensen Alpha | 0.5559 | |||
| Total Risk Alpha | 0.1464 | |||
| Sortino Ratio | 0.1649 | |||
| Treynor Ratio | 0.3029 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid Biosciences LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Solid Biosciences LLC information on this page should be used as a complementary analysis to other Solid Biosciences' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Solid Stock analysis
When running Solid Biosciences' price analysis, check to measure Solid Biosciences' 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 Solid Biosciences is operating at the current time. Most of Solid Biosciences' value examination focuses on studying past and present price action to predict the probability of Solid Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solid Biosciences' price. Additionally, you may evaluate how the addition of Solid Biosciences to your portfolios can decrease your overall portfolio volatility.
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Is Solid Biosciences' 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 Solid Biosciences. If investors know Solid 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 Solid Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.83) | Quarterly Revenue Growth (1.00) | Return On Assets (0.31) | Return On Equity (0.57) |
The market value of Solid Biosciences LLC is measured differently than its book value, which is the value of Solid that is recorded on the company's balance sheet. Investors also form their own opinion of Solid Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Solid Biosciences' 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 Solid Biosciences' market value can be influenced by many factors that don't directly affect Solid Biosciences' 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 Solid Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solid Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solid Biosciences' 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.