Onconetix Stock Buy Hold or Sell Recommendation
| ONCO Stock | USD 1.13 0.05 4.63% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Onconetix is 'Strong Sell'. The recommendation algorithm takes into account all of Onconetix's available fundamental, technical, and predictive indicators you will find on this site.
Check out Onconetix 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. To learn how to invest in Onconetix Stock, please use our How to Invest in Onconetix guide. In addition, we conduct extensive research on individual companies such as Onconetix and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Onconetix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Onconetix |
Execute Onconetix Buy or Sell Advice
The Onconetix recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Onconetix. Macroaxis does not own or have any residual interests in Onconetix or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Onconetix's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Onconetix Trading Alerts and Improvement Suggestions
| Onconetix generated a negative expected return over the last 90 days | |
| Onconetix has high historical volatility and very poor performance | |
| Onconetix may become a speculative penny stock | |
| Onconetix has a very high chance of going through financial distress in the upcoming years | |
| Onconetix was previously known as BWV and was traded on NASDAQ Exchange under the symbol BWV. | |
| Onconetix currently holds 9.89 M in liabilities. Onconetix has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Onconetix's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 58.47 K. Net Loss for the year was (37.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Onconetix currently holds about 113.36 K in cash with (13.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85. | |
| Roughly 58.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Insider Trading |
Onconetix Returns Distribution Density
The distribution of Onconetix's historical returns is an attempt to chart the uncertainty of Onconetix's future price movements. The chart of the probability distribution of Onconetix daily returns describes the distribution of returns around its average expected value. We use Onconetix price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Onconetix returns is essential to provide solid investment advice for Onconetix.
| Mean Return | -1.95 | Value At Risk | -19.18 | Potential Upside | 5.56 | Standard Deviation | 13.12 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Onconetix 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.
Onconetix 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 Onconetix 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 Onconetix'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 Onconetix 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 | -2.17 | |
β | Beta against Dow Jones | 2.02 | |
σ | Overall volatility | 13.32 | |
Ir | Information ratio | -0.16 |
Onconetix Volatility Alert
Onconetix is displaying above-average volatility over the selected time horizon. Onconetix is a potential penny stock. Although Onconetix may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Onconetix. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Onconetix instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Onconetix Fundamentals Vs Peers
Comparing Onconetix'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 Onconetix's direct or indirect competition across all of the common fundamentals between Onconetix and the related equities. This way, we can detect undervalued stocks with similar characteristics as Onconetix or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Onconetix's fundamental indicators could also be used in its relative valuation, which is a method of valuing Onconetix by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Onconetix to competition |
| Fundamentals | Onconetix | Peer Average |
| Return On Equity | -17.58 | -0.31 |
| Return On Asset | -0.22 | -0.14 |
| Operating Margin | (3.00) % | (5.51) % |
| Current Valuation | 23.31 M | 16.62 B |
| Shares Outstanding | 8.29 M | 571.82 M |
| Shares Owned By Insiders | 57.93 % | 10.09 % |
| Shares Owned By Institutions | 7.86 % | 39.21 % |
| Number Of Shares Shorted | 21.7 K | 4.71 M |
| Price To Book | 0.31 X | 9.51 X |
| Price To Sales | 6.40 X | 11.42 X |
| Revenue | 58.47 K | 9.43 B |
| EBITDA | (36.71 M) | 3.9 B |
| Net Income | (37.41 M) | 570.98 M |
| Cash And Equivalents | 113.36 K | 2.7 B |
| Cash Per Share | 0.85 X | 5.01 X |
| Total Debt | 9.89 M | 5.32 B |
| Current Ratio | 0.62 X | 2.16 X |
| Book Value Per Share | (64.14) X | 1.93 K |
| Cash Flow From Operations | (13.58 M) | 971.22 M |
| Short Ratio | 0.23 X | 4.00 X |
| Earnings Per Share | (109.20) X | 3.12 X |
| Target Price | 9.0 | |
| Number Of Employees | 12 | 18.84 K |
| Beta | 3.73 | -0.15 |
| Market Capitalization | 9.37 M | 19.03 B |
| Total Asset | 88.82 M | 29.47 B |
| Retained Earnings | (56.79 M) | 9.33 B |
| Working Capital | (11.35 M) | 1.48 B |
| Net Asset | 88.82 M |
Note: Insider Trading [view details]
Onconetix Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Onconetix . 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 Onconetix Buy or Sell Advice
When is the right time to buy or sell Onconetix? Buying financial instruments such as Onconetix 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 Onconetix 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 Rentals Thematic Idea Now
Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 48 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 Rentals Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Onconetix 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. To learn how to invest in Onconetix Stock, please use our How to Invest in Onconetix guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Onconetix. If investors know Onconetix 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 Onconetix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (109.20) | Revenue Per Share 2.892 | Return On Assets (0.22) | Return On Equity (17.58) |
The market value of Onconetix is measured differently than its book value, which is the value of Onconetix that is recorded on the company's balance sheet. Investors also form their own opinion of Onconetix's value that differs from its market value or its book value, called intrinsic value, which is Onconetix's 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 Onconetix's market value can be influenced by many factors that don't directly affect Onconetix's 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 Onconetix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onconetix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onconetix's 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.