Sight Sciences Stock Price on July 23, 2024

SGHT Stock  USD 3.80  0.06  1.55%   
If you're considering investing in Sight Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sight Sciences stands at 3.80, as last reported on the 15th of November 2024, with the highest price reaching 3.92 and the lowest price hitting 3.77 during the day. Sight Sciences owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Sight Sciences exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sight Sciences' Risk Adjusted Performance of (0.09), variance of 17.94, and Coefficient Of Variation of (809.52) to confirm the risk estimate we provide.
  
At this time, Sight Sciences' Common Stock Total Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 49.4 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 220.3 M in 2024. . At this time, Sight Sciences' Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.13 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (5.58) in 2024. Sight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1671

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Estimated Market Risk

 4.22
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.71
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sight Sciences 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 Sight Sciences by adding Sight Sciences to a well-diversified portfolio.
Price Book
2.1124
Enterprise Value Ebitda
(4.25)
Price Sales
2.5217
Shares Float
31.1 M
Wall Street Target Price
5.46

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Sight Sciences Valuation on July 23, 2024

It is possible to determine the worth of Sight Sciences on a given historical date. On July 23, 2024 Sight was worth 7.93 at the beginning of the trading date compared to the closed value of 8.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sight Sciences stock. Still, in general, we apply an absolute valuation method to find Sight Sciences' 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 Sight Sciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sight Sciences' related companies.
 Open High Low Close Volume
  7.60    7.99    7.27    7.98    187,629  
07/23/2024
  7.93    8.45    7.92    8.24    201,994  
  8.10    8.45    7.95    8.14    148,664  
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Open Value
7.93
8.24
Closing Value
20.60
Upside

Sight Sciences Trading Date Momentum on July 23, 2024

On July 24 2024 Sight Sciences was traded for  8.14  at the closing time. The top price for the day was 8.45  and the lowest listed price was  7.95 . The trading volume for the day was 148.7 K. The trading history from July 24, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.21% . The trading price change against the current closing price is 13.59% .

Sight Sciences Fundamentals Correlations and Trends

By evaluating Sight Sciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sight Sciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sight financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sight Sciences Stock history

Sight Sciences 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 Sight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sight Sciences 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 Sight Sciences stock prices may prove useful in developing a viable investing in Sight Sciences
Last ReportedProjected for Next Year
Common Stock Shares Outstanding48.6 M49.4 M
Net Loss-77.6 M-73.7 M

Sight Sciences Quarterly Net Working Capital

133.04 Million

Sight Sciences Stock Technical Analysis

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

Sight Sciences Period Price Range

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Sight Sciences 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.

Sight Sciences November 15, 2024 Market Strength

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

Sight Sciences Technical and Predictive Indicators

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

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