Cellectar Preferred Stock Total Equity from 2010 to 2024

CLRB Stock  USD 1.58  0.02  1.28%   
Cellectar Biosciences' Preferred Stock Total Equity is increasing over the years with slightly volatile fluctuation. Overall, Preferred Stock Total Equity is expected to go to about 24.2 M this year. From 2010 to 2024 Cellectar Biosciences Preferred Stock Total Equity quarterly data regression line had arithmetic mean of  7,525,845 and r-squared of  0.74. View All Fundamentals
 
Preferred Stock Total Equity  
First Reported
2011-06-30
Previous Quarter
11.7 M
Current Value
8.6 M
Quarterly Volatility
3.8 M
 
Yuan Drop
 
Covid
Check Cellectar Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cellectar Biosciences' main balance sheet or income statement drivers, such as Depreciation And Amortization of 288.9 K, Interest Expense of 363.4 K or Selling General Administrative of 11.3 M, as well as many indicators such as Dividend Yield of 0.46, Days Sales Outstanding of 0.0 or Invested Capital of 0.0. Cellectar financial statements analysis is a perfect complement when working with Cellectar Biosciences Valuation or Volatility modules.
  
Check out the analysis of Cellectar Biosciences Correlation against competitors.
For information on how to trade Cellectar Stock refer to our How to Trade Cellectar Stock guide.

Latest Cellectar Biosciences' Preferred Stock Total Equity Growth Pattern

Below is the plot of the Preferred Stock Total Equity of Cellectar Biosciences over the last few years. It is Cellectar Biosciences' Preferred Stock Total Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cellectar Biosciences' overall financial position and show how it may be relating to other accounts over time.
Preferred Stock Total Equity10 Years Trend
Slightly volatile
   Preferred Stock Total Equity   
       Timeline  

Cellectar Preferred Stock Total Equity Regression Statistics

Arithmetic Mean7,525,845
Geometric Mean0.00
Coefficient Of Variation136.64
Mean Deviation9,295,045
Median995,782
Standard Deviation10,283,140
Sample Variance105.7T
Range24.2M
R-Value0.86
Mean Square Error30.2T
R-Squared0.74
Significance0.000044
Slope1,971,348
Total Sum of Squares1480.4T

Cellectar Preferred Stock Total Equity History

202424.2 M
202323 M
202020 M
20191.1 M
20182.5 M
2017995.8 K
2016875.6 K

About Cellectar Biosciences Financial Statements

Cellectar Biosciences stakeholders use historical fundamental indicators, such as Cellectar Biosciences' Preferred Stock Total Equity, to determine how well the company is positioned to perform in the future. Although Cellectar Biosciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cellectar Biosciences' assets and liabilities are reflected in the revenues and expenses on Cellectar Biosciences' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cellectar Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Preferred Stock Total Equity23 M24.2 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cellectar Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cellectar Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cellectar Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cellectar Biosciences Stock:
Check out the analysis of Cellectar Biosciences Correlation against competitors.
For information on how to trade Cellectar Stock refer to our How to Trade Cellectar Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Biotechnology space 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 Cellectar Biosciences. If investors know Cellectar 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 Cellectar 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
(1.41)
Return On Assets
(1.66)
Return On Equity
(7.97)
The market value of Cellectar Biosciences is measured differently than its book value, which is the value of Cellectar that is recorded on the company's balance sheet. Investors also form their own opinion of Cellectar Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Cellectar 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 Cellectar Biosciences' market value can be influenced by many factors that don't directly affect Cellectar 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 Cellectar Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cellectar Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cellectar 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.