Better Therapeutics Financials
BTTXDelisted Stock | USD 0.73 0.04 5.19% |
With this module, you can analyze Better financials for your investing period. You should be able to track the changes in Better Therapeutics individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Better |
Understanding current and past Better Therapeutics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Better Therapeutics' financial statements are interrelated, with each one affecting the others. For example, an increase in Better Therapeutics' assets may result in an increase in income on the income statement.
The data published in Better Therapeutics' official financial statements typically reflect Better Therapeutics' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Better Therapeutics' quantitative information. For example, before you start analyzing numbers published by Better accountants, it's essential to understand Better Therapeutics' liquidity, profitability, and earnings quality within the context of the Biotechnology space in which it operates.
Please note, the imprecision that can be found in Better Therapeutics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Better Therapeutics. Check Better Therapeutics' Beneish M Score to see the likelihood of Better Therapeutics' management manipulating its earnings.
Better Therapeutics Stock Summary
Better Therapeutics competes with ABVC Biopharma, Indaptus Therapeutics, Pasithea Therapeutics, Forte Biosciences, and Aerovate Therapeutics. Better Therapeutics, Inc. engages in developing software-based prescription digital therapeutics platform candidates for treating diabetes, heart disease, and other cardiometabolic conditions in the United States. Better Therapeutics, Inc. was founded in 2015 and is headquartered in San Francisco, California. Better Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 44 people.Specialization | Healthcare, Biotechnology |
Instrument | USA OTC Stock View All |
Exchange | OTCMKTS Exchange |
ISIN | US08773T1043 |
CUSIP | 08773T104 62402D105 |
Location | New York; U.S.A |
Business Address | 548 Market Street, |
Sector | Biotechnology |
Industry | Health Care |
Benchmark | Dow Jones Industrial |
Website | www.bettertx.com |
Phone | 415 887 2311 |
Currency | USD - US Dollar |
Better Therapeutics Key Financial Ratios
Better Therapeutics' financial ratios allow both analysts and investors to convert raw data from Better Therapeutics' financial statements into concise, actionable information that can be used to evaluate the performance of Better Therapeutics over time and compare it to other companies across industries.Return On Equity | -10.22 | ||||
Return On Asset | -0.95 | ||||
Target Price | 5.25 | ||||
Number Of Employees | 54 | ||||
Beta | 2.35 |
Better Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Better Therapeutics's current stock value. Our valuation model uses many indicators to compare Better Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Better Therapeutics competition to find correlations between indicators driving Better Therapeutics's intrinsic value. More Info.Better Therapeutics is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Better Therapeutics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Better Therapeutics' OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Better Therapeutics Market Pulse
Quote | 0.73 |
Change(%) | 5.19 |
Change | 0.04 |
Open | 0.77 |
Low | 0.65 |
High | 0.77 |
Volume | 0 |
Exchange | OTCMKTS |
Better Therapeutics November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Better Therapeutics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Better Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Better Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Better OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Better Therapeutics's daily price indicators and compare them against related drivers.
Information Ratio | (0.14) | |||
Maximum Drawdown | 36.53 | |||
Value At Risk | (9.62) | |||
Potential Upside | 12.64 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in Better OTC Stock
If you are still planning to invest in Better Therapeutics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Better Therapeutics' history and understand the potential risks before investing.
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