Tengion Financial Statements From 2010 to 2025
| TNGNQ Stock | USD 0.0001 0.00 0.00% |
Check Tengion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tengion's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tengion financial statements analysis is a perfect complement when working with Tengion Valuation or Volatility modules.
Check out the analysis of Tengion Correlation against competitors. Tengion Company Return On Asset Analysis
Tengion's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Tengion Return On Asset | -0.54 |
Most of Tengion's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tengion is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Tengion has a Return On Asset of -0.5385. This is much lower than that of the Biotechnology sector and significantly lower than that of the Health Care industry. The return on asset for all United States stocks is notably higher than that of the company.
Tengion Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tengion's current stock value. Our valuation model uses many indicators to compare Tengion value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tengion competition to find correlations between indicators driving Tengion's intrinsic value. More Info.Tengion is rated fourth in return on asset category among its peers. It is rated below average in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Tengion by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Tengion Financial Statements
Tengion shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Tengion investors may analyze each financial statement separately, they are all interrelated. The changes in Tengion's assets and liabilities, for example, are also reflected in the revenues and expenses on on Tengion's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The company focuses on discovering, developing, manufacturing, and commercializing a range of neo-organs or products composed of living cells with or without synthetic or natural materials that are implanted or injected into the body to engraft into, regenerate, or replace a damaged tissue or organ. On December 29, 2014, Tengion, Inc. filed a voluntary petition for liquidation under Chapter 7 in the U.S. Tengion is traded on OTC Exchange in the United States.
Pair Trading with Tengion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tengion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tengion will appreciate offsetting losses from the drop in the long position's value.Moving against Tengion Stock
| 0.81 | VINC | Vincerx Pharma, Common | PairCorr |
| 0.8 | RAC | Race Oncology | PairCorr |
| 0.8 | VALN | Valneva SE ADR | PairCorr |
| 0.77 | DYAI | Dyadic International | PairCorr |
| 0.76 | DRMA | Dermata Therapeutics | PairCorr |
The ability to find closely correlated positions to Tengion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tengion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tengion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tengion to buy it.
The correlation of Tengion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tengion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tengion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tengion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Tengion Stock Analysis
When running Tengion's price analysis, check to measure Tengion'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 Tengion is operating at the current time. Most of Tengion's value examination focuses on studying past and present price action to predict the probability of Tengion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tengion's price. Additionally, you may evaluate how the addition of Tengion to your portfolios can decrease your overall portfolio volatility.