Avidity Common Stock from 2010 to 2026

RNA Stock  USD 72.90  0.08  0.11%   
Avidity Biosciences' Common Stock is decreasing over the years with slightly volatile fluctuation. Common Stock is expected to dwindle to about 10.3 K. From 2010 to 2026 Avidity Biosciences Common Stock quarterly data regression line had arithmetic mean of  210,062 and r-squared of  0.57. View All Fundamentals
 
Common Stock  
First Reported
2011-12-31
Previous Quarter
12 K
Current Value
15 K
Quarterly Volatility
192.9 K
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Avidity Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avidity Biosciences' main balance sheet or income statement drivers, such as Interest Expense of 6.9 M, Total Revenue of 9.2 M or Research Development of 366.6 M, as well as many indicators such as Price To Sales Ratio of 424, Dividend Yield of 1.0E-4 or PTB Ratio of 2.15. Avidity financial statements analysis is a perfect complement when working with Avidity Biosciences Valuation or Volatility modules.
  
Build AI portfolio with Avidity Stock
Check out the analysis of Avidity Biosciences Correlation against competitors.
For information on how to trade Avidity Stock refer to our How to Trade Avidity Stock guide.
Analyzing Avidity Biosciences's Common Stock over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Common Stock has evolved provides context for assessing Avidity Biosciences's current valuation and future prospects.

Latest Avidity Biosciences' Common Stock Growth Pattern

Below is the plot of the Common Stock of Avidity Biosciences over the last few years. It is Avidity Biosciences' Common Stock historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avidity Biosciences' overall financial position and show how it may be relating to other accounts over time.
Common Stock10 Years Trend
Slightly volatile
   Common Stock   
       Timeline  

Avidity Common Stock Regression Statistics

Arithmetic Mean210,062
Geometric Mean53,652
Coefficient Of Variation97.90
Mean Deviation190,875
Median253,000
Standard Deviation205,658
Sample Variance42.3B
Range494K
R-Value(0.75)
Mean Square Error19.6B
R-Squared0.57
Significance0.0005
Slope(30,638)
Total Sum of Squares676.7B

Avidity Common Stock History

202610.3 K
202510.8 K
202412 K
2023 8000.0
2022 7000.0
2021 5000.0
2020 4000.0

Other Fundumenentals of Avidity Biosciences

Avidity Biosciences Common Stock component correlations

1.00.74-0.60.77-0.69-0.660.850.89-0.59-0.96-0.711.00.811.0-0.691.00.360.730.970.750.98
1.00.74-0.590.74-0.68-0.650.850.89-0.59-0.95-0.71.00.811.0-0.671.00.370.720.970.750.98
0.740.74-0.660.55-0.33-0.720.680.81-0.65-0.79-0.720.740.550.74-0.710.730.660.840.680.50.68
-0.6-0.59-0.66-0.570.230.96-0.69-0.730.770.590.85-0.6-0.42-0.620.85-0.61-0.39-0.49-0.49-0.33-0.51
0.770.740.55-0.57-0.65-0.640.610.63-0.36-0.78-0.70.750.670.78-0.690.780.160.710.790.60.79
-0.69-0.68-0.330.23-0.650.35-0.49-0.610.430.60.55-0.69-0.71-0.70.53-0.7-0.29-0.42-0.67-0.66-0.68
-0.66-0.65-0.720.96-0.640.35-0.74-0.80.870.650.96-0.66-0.45-0.670.96-0.67-0.44-0.54-0.52-0.35-0.55
0.850.850.68-0.690.61-0.49-0.740.94-0.72-0.87-0.760.850.610.85-0.740.840.120.720.750.540.78
0.890.890.81-0.730.63-0.61-0.80.94-0.83-0.9-0.850.90.640.89-0.840.890.410.750.780.560.81
-0.59-0.59-0.650.77-0.360.430.87-0.72-0.830.550.91-0.6-0.34-0.60.91-0.59-0.52-0.38-0.4-0.24-0.44
-0.96-0.95-0.790.59-0.780.60.65-0.87-0.90.550.69-0.96-0.69-0.960.67-0.96-0.29-0.86-0.94-0.63-0.95
-0.71-0.7-0.720.85-0.70.550.96-0.76-0.850.910.69-0.71-0.49-0.721.0-0.72-0.46-0.57-0.57-0.39-0.6
1.01.00.74-0.60.75-0.69-0.660.850.9-0.6-0.96-0.710.811.0-0.691.00.380.720.970.750.98
0.810.810.55-0.420.67-0.71-0.450.610.64-0.34-0.69-0.490.810.81-0.470.810.310.550.820.990.82
1.01.00.74-0.620.78-0.7-0.670.850.89-0.6-0.96-0.721.00.81-0.71.00.370.730.970.750.98
-0.69-0.67-0.710.85-0.690.530.96-0.74-0.840.910.671.0-0.69-0.47-0.7-0.7-0.46-0.56-0.55-0.36-0.58
1.01.00.73-0.610.78-0.7-0.670.840.89-0.59-0.96-0.721.00.811.0-0.70.370.720.970.750.98
0.360.370.66-0.390.16-0.29-0.440.120.41-0.52-0.29-0.460.380.310.37-0.460.370.260.310.270.3
0.730.720.84-0.490.71-0.42-0.540.720.75-0.38-0.86-0.570.720.550.73-0.560.720.260.730.520.74
0.970.970.68-0.490.79-0.67-0.520.750.78-0.4-0.94-0.570.970.820.97-0.550.970.310.730.781.0
0.750.750.5-0.330.6-0.66-0.350.540.56-0.24-0.63-0.390.750.990.75-0.360.750.270.520.780.78
0.980.980.68-0.510.79-0.68-0.550.780.81-0.44-0.95-0.60.980.820.98-0.580.980.30.741.00.78
Click cells to compare fundamentals

About Avidity Biosciences Financial Statements

Avidity Biosciences stakeholders use historical fundamental indicators, such as Avidity Biosciences' Common Stock, to determine how well the company is positioned to perform in the future. Although Avidity Biosciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Avidity Biosciences' assets and liabilities are reflected in the revenues and expenses on Avidity 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 Avidity Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Common Stock10.8 K10.3 K
Common Stock Total Equity3.6 K3.4 K
Common Stock Shares Outstanding128.3 M134.7 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 Avidity Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avidity 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 Avidity Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avidity Biosciences Stock:
Check out the analysis of Avidity Biosciences Correlation against competitors.
For information on how to trade Avidity Stock refer to our How to Trade Avidity 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 Avidity Biosciences. Anticipated expansion of Avidity directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Avidity Biosciences assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share
(4.19)
Revenue Per Share
0.159
Quarterly Revenue Growth
4.34
Return On Assets
(0.20)
Return On Equity
(0.32)
Understanding Avidity Biosciences requires distinguishing between market price and book value, where the latter reflects Avidity's accounting equity. The concept of intrinsic value - what Avidity Biosciences' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Avidity Biosciences' price substantially above or below its fundamental value.
It's important to distinguish between Avidity Biosciences' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Avidity Biosciences should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Avidity Biosciences' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.