Revance Stock Price on March 4, 2024
| RVNC Stock | USD 3.40 0.11 3.34% |
Below is the normalized historical share price chart for Revance extending back to February 06, 2014. 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 Revance stands at 3.40, as last reported on the 29th of April, with the highest price reaching 3.56 and the lowest price hitting 3.21 during the day.
If you're considering investing in Revance Stock, it is important to understand the factors that can impact its price. Revance maintains Sharpe Ratio (i.e., Efficiency) of -0.0752, which implies the firm had a -0.0752% return per unit of risk over the last 3 months. Revance exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Revance's Risk Adjusted Performance of (0.06), coefficient of variation of (966.23), and Variance of 35.35 to confirm the risk estimate we provide.
At present, Revance's Other Stockholder Equity 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 50.2 M, whereas Total Stockholder Equity is projected to grow to (144 M). . The current year's Price Earnings To Growth Ratio is expected to grow to 0.20, whereas Price To Sales Ratio is forecasted to decline to 3.02. Revance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of February 2014 | 200 Day MA 9.9958 | 50 Day MA 4.9996 | Beta 1.087 |
Revance |
Sharpe Ratio = -0.0752
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| Negative Returns | RVNC |
Estimated Market Risk
| 6.03 actual daily | 53 53% of assets are less volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Revance 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 Revance by adding Revance to a well-diversified portfolio.
Price Book 12.3032 | Enterprise Value Ebitda (2.26) | Price Sales 1.8391 | Shares Float 70.7 M | Wall Street Target Price 14.91 |
Revance Valuation on March 4, 2024
It is possible to determine the worth of Revance on a given historical date. On March 4, 2024 Revance was worth 6.17 at the beginning of the trading date compared to the closed value of 6.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Revance stock. Still, in general, we apply an absolute valuation method to find Revance'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 Revance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Revance's related companies.
| Open | High | Low | Close | Volume | |
| 7.33 | 7.56 | 6.96 | 6.98 | 3,592,506 | |
03/04/2024 | 6.17 | 6.41 | 5.83 | 6.07 | 6,586,738 |
| 6.15 | 6.72 | 6.04 | 6.50 | 3,506,122 |
| Backtest Revance | | | Revance History | | | Revance Valuation | Previous | Next |
Revance Trading Date Momentum on March 4, 2024
| On March 05 2024 Revance was traded for 6.50 at the closing time. The top price for the day was 6.72 and the lowest listed price was 6.04 . The trading volume for the day was 3.5 M. The trading history from March 5, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 7.08% . The trading delta at closing time against the current closing price is 1.15% . |
Revance Fundamentals Correlations and Trends
By evaluating Revance'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 Revance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Revance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Revance Stock history
Revance 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 Revance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Revance 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 Revance stock prices may prove useful in developing a viable investing in Revance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 84.6 M | 88.8 M | |
| Net Loss | -320.8 M | -304.7 M |
Revance Quarterly Net Working Capital |
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Revance Stock Technical Analysis
Revance 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
Revance Period Price Range
Low | March 4, 2024
| High |
6.17 | 6.07 |
Revance April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Revance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Revance shares will generate the highest return on investment. By undertsting and applying Revance stock market strength indicators, traders can identify Revance entry and exit signals to maximize returns
Revance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Revance's price direction in advance. Along with the technical and fundamental analysis of Revance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Revance 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 | (0.06) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | (1.38) | |||
| Treynor Ratio | (0.17) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Revance Stock refer to our How to Trade Revance Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Revance Stock analysis
When running Revance's price analysis, check to measure Revance'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 Revance is operating at the current time. Most of Revance's value examination focuses on studying past and present price action to predict the probability of Revance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Revance's price. Additionally, you may evaluate how the addition of Revance to your portfolios can decrease your overall portfolio volatility.
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Is Revance'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 Revance. If investors know Revance 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 Revance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.83) | Revenue Per Share 2.766 | Quarterly Revenue Growth 0.398 | Return On Assets (0.26) | Return On Equity (20.97) |
The market value of Revance is measured differently than its book value, which is the value of Revance that is recorded on the company's balance sheet. Investors also form their own opinion of Revance's value that differs from its market value or its book value, called intrinsic value, which is Revance'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 Revance's market value can be influenced by many factors that don't directly affect Revance'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 Revance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Revance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Revance'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.