Aldeyra Stock Buy Hold or Sell Recommendation
| ALDX Stock | USD 4.85 0.04 0.83% |
Given the investment horizon of 90 days and complete risk avoidance on your part, our recommendation regarding Aldeyra is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Aldeyra given historical horizon and risk tolerance towards Aldeyra. When Macroaxis issues a 'buy' or 'sell' recommendation for Aldeyra, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Aldeyra Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide. In addition, we conduct extensive research on individual companies such as Aldeyra and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Aldeyra. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Aldeyra |
Execute Aldeyra Buy or Sell Advice
The Aldeyra recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Aldeyra. Macroaxis does not own or have any residual interests in Aldeyra or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Aldeyra's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Aldeyra Trading Alerts and Improvement Suggestions
| Aldeyra generated a negative expected return over the last 90 days | |
| Aldeyra has high historical volatility and very poor performance | |
| Net Loss for the year was (37.54 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Aldeyra currently holds about 163.83 M in cash with (30.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.8. | |
| Aldeyra has a frail financial position based on the latest SEC disclosures | |
| Roughly 62.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Aldeyra Therapeutics Refiles NDA for Innovative Dry Eye Drug Reproxalap |
Aldeyra Returns Distribution Density
The distribution of Aldeyra's historical returns is an attempt to chart the uncertainty of Aldeyra's future price movements. The chart of the probability distribution of Aldeyra daily returns describes the distribution of returns around its average expected value. We use Aldeyra price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Aldeyra returns is essential to provide solid investment advice for Aldeyra.
| Mean Return | -0.04 | Value At Risk | -5.26 | Potential Upside | 6.69 | Standard Deviation | 3.88 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Aldeyra historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Aldeyra Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Aldeyra, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Aldeyra back and forth among themselves.
| Shares | Wells Fargo & Co | 2024-06-30 | 395.3 K | Northern Trust Corp | 2024-09-30 | 388.6 K | Pfg Investments, Llc | 2024-09-30 | 386.4 K | Bank Of America Corp | 2024-06-30 | 378.5 K | D. E. Shaw & Co Lp | 2024-06-30 | 321.9 K | Deutsche Bank Ag | 2024-06-30 | 300.4 K | Johnson & Johnson | 2024-06-30 | 299.7 K | International Assets Investment Management, Llc | 2024-09-30 | 287.3 K | Two Sigma Advisers, Llc | 2024-06-30 | 282.9 K | Perceptive Advisors Llc | 2024-09-30 | 9.3 M | Knoll Capital Management Lp | 2024-06-30 | 5.5 M |
Aldeyra Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (2.9M) | 33.4M | 151.9M | (85.4M) | (1.6M) | (1.5M) | |
| Free Cash Flow | (45.0M) | (37.5M) | (42.6M) | (56.7M) | (30.3M) | (31.8M) | |
| Depreciation | 96.3K | 56.2K | 264.2K | 258.7K | 262.8K | 275.9K | |
| Capital Expenditures | 263.0K | 9.5K | 7.8K | 16.3K | 2.0 | 1.9 | |
| Net Income | (60.8M) | (37.6M) | (57.8M) | (62.0M) | (37.5M) | (39.4M) | |
| End Period Cash Flow | 44.4M | 77.9M | 229.8M | 144.4M | 142.8M | 150.0M | |
| Other Non Cash Items | 6.2M | 2.2M | 409.5K | 283.9K | 339.7K | 322.7K | |
| Investments | 17.9M | 29.0M | (7.8K) | (29.9M) | 57M | 59.9M | |
| Change To Netincome | 13.3M | 8.4M | 7.1M | 8.3M | 9.5M | 6.2M |
Aldeyra Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Aldeyra or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Aldeyra's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Aldeyra stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 1.80 | |
σ | Overall volatility | 3.81 | |
Ir | Information ratio | -0.04 |
Aldeyra Volatility Alert
Aldeyra exhibits very low volatility with skewness of 0.08 and kurtosis of 2.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Aldeyra's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Aldeyra's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Aldeyra Fundamentals Vs Peers
Comparing Aldeyra's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Aldeyra's direct or indirect competition across all of the common fundamentals between Aldeyra and the related equities. This way, we can detect undervalued stocks with similar characteristics as Aldeyra or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Aldeyra's fundamental indicators could also be used in its relative valuation, which is a method of valuing Aldeyra by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Aldeyra to competition |
| Fundamentals | Aldeyra | Peer Average |
| Return On Equity | -0.43 | -0.31 |
| Return On Asset | -0.23 | -0.14 |
| Current Valuation | 191.68 M | 16.62 B |
| Shares Outstanding | 59.55 M | 571.82 M |
| Shares Owned By Insiders | 2.44 % | 10.09 % |
| Shares Owned By Institutions | 62.22 % | 39.21 % |
| Number Of Shares Shorted | 3.67 M | 4.71 M |
| Price To Earning | (4.44) X | 28.72 X |
| Price To Book | 3.39 X | 9.51 X |
| EBITDA | (35.21 M) | 3.9 B |
| Net Income | (37.54 M) | 570.98 M |
| Cash And Equivalents | 163.83 M | 2.7 B |
| Cash Per Share | 2.80 X | 5.01 X |
| Total Debt | 15.66 M | 5.32 B |
| Debt To Equity | 0.1 % | 48.70 % |
| Current Ratio | 7.83 X | 2.16 X |
| Book Value Per Share | 1.43 X | 1.93 K |
| Cash Flow From Operations | (30.33 M) | 971.22 M |
| Short Ratio | 8.67 X | 4.00 X |
| Earnings Per Share | (0.75) X | 3.12 X |
| Target Price | 10.0 | |
| Number Of Employees | 9 | 18.84 K |
| Beta | 1.43 | -0.15 |
| Market Capitalization | 288.82 M | 19.03 B |
| Total Asset | 148.33 M | 29.47 B |
| Retained Earnings | (394.26 M) | 9.33 B |
| Working Capital | 125.55 M | 1.48 B |
| Current Asset | 28.09 M | 9.34 B |
| Current Liabilities | 2.12 M | 7.9 B |
| Net Asset | 148.33 M |
Note: Disposition of 48021 shares by Brady Todd C of Aldeyra at 0.552 subject to Rule 16b-3 [view details]
Aldeyra Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Aldeyra . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Aldeyra Buy or Sell Advice
When is the right time to buy or sell Aldeyra? Buying financial instruments such as Aldeyra Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Aldeyra in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Consumer Goods Thematic Idea Now
Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumer Goods Theme or any other thematic opportunities.
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Additional Tools for Aldeyra Stock Analysis
When running Aldeyra's price analysis, check to measure Aldeyra'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 Aldeyra is operating at the current time. Most of Aldeyra's value examination focuses on studying past and present price action to predict the probability of Aldeyra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aldeyra's price. Additionally, you may evaluate how the addition of Aldeyra to your portfolios can decrease your overall portfolio volatility.