Nkarta Inc Stock Performance
| NKTX Stock | USD 2.59 0.14 5.71% |
The company secures a Beta (Market Risk) of 2.66, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nkarta will likely underperform. At this point, Nkarta Inc has a negative expected return of -1.0%. Please make sure to verify Nkarta's treynor ratio, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Nkarta Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nkarta Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Actual Historical Performance (%)
One Day Return 6.12 | Five Day Return 4.42 | Year To Date Return (59.18) | Ten Year Return (94.57) | All Time Return (94.57) |
1 | Acquisition by Nadir Mahmood of 75000 shares of Nkarta subject to Rule 16b-3 | 09/06/2024 |
2 | Affinity Asset Advisors LLC Takes Position in Nkarta, Inc. - MarketBeat | 09/25/2024 |
3 | Cubist Systematic Strategies LLC Invests 1.49 Million in Nkarta, Inc. - MarketBeat | 10/02/2024 |
4 | Acquisition by Levin Alyssa of 56000 shares of Nkarta subject to Rule 16b-3 | 10/14/2024 |
5 | Disposition of 12358 shares by Paul Hastings of Nkarta at 13.0 subject to Rule 16b-3 | 10/22/2024 |
6 | COMMODORE CAPITAL LP Acquires Shares in Nkarta Inc | 11/15/2024 |
7 | Nkarta price target lowered to 16 from 20 at Mizuho - Yahoo Finance | 11/22/2024 |
| Begin Period Cash Flow | 40.2 M |
Nkarta |
Nkarta Relative Risk vs. Return Landscape
If you would invest 524.00 in Nkarta Inc on August 28, 2024 and sell it today you would lose (265.00) from holding Nkarta Inc or give up 50.57% of portfolio value over 90 days. Nkarta Inc is currently does not generate positive expected returns and assumes 4.7979% risk (volatility on return distribution) over the 90 days horizon. In different words, 42% of stocks are less volatile than Nkarta, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nkarta Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nkarta's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nkarta Inc, and traders can use it to determine the average amount a Nkarta's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2081
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NKTX |
Estimated Market Risk
| 4.8 actual daily | 42 58% of assets are more volatile |
Expected Return
| -1.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nkarta is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nkarta by adding Nkarta to a well-diversified portfolio.
Nkarta Fundamentals Growth
Nkarta Stock prices reflect investors' perceptions of the future prospects and financial health of Nkarta, and Nkarta fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nkarta Stock performance.
| Return On Equity | -0.3 | ||||
| Return On Asset | -0.17 | ||||
| Current Valuation | (24.71 M) | ||||
| Shares Outstanding | 70.57 M | ||||
| Price To Book | 0.40 X | ||||
| Price To Sales | 1,000,000 X | ||||
| Gross Profit | (36.22 M) | ||||
| EBITDA | (120.48 M) | ||||
| Net Income | (117.5 M) | ||||
| Cash And Equivalents | 412.95 M | ||||
| Cash Per Share | 8.49 X | ||||
| Total Debt | 88.34 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 31.66 X | ||||
| Book Value Per Share | 6.11 X | ||||
| Cash Flow From Operations | (86.16 M) | ||||
| Earnings Per Share | (1.83) X | ||||
| Market Capitalization | 172.89 M | ||||
| Total Asset | 378.88 M | ||||
| Retained Earnings | (435.43 M) | ||||
| Working Capital | 229.74 M | ||||
About Nkarta Performance
Evaluating Nkarta's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nkarta has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nkarta has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (270.10) | (256.60) | |
| Return On Tangible Assets | (0.31) | (0.33) | |
| Return On Capital Employed | (0.37) | (0.39) | |
| Return On Assets | (0.31) | (0.33) | |
| Return On Equity | (0.43) | (0.41) |
Things to note about Nkarta Inc performance evaluation
Checking the ongoing alerts about Nkarta for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nkarta Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nkarta Inc generated a negative expected return over the last 90 days | |
| Nkarta Inc has high historical volatility and very poor performance | |
| Nkarta Inc has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (117.5 M) with loss before overhead, payroll, taxes, and interest of (36.22 M). | |
| Nkarta Inc currently holds about 412.95 M in cash with (86.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.49, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Nkarta Inc has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Nkarta price target lowered to 16 from 20 at Mizuho - Yahoo Finance |
- Analyzing Nkarta's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nkarta's stock is overvalued or undervalued compared to its peers.
- Examining Nkarta's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nkarta's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nkarta's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nkarta's stock. These opinions can provide insight into Nkarta's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nkarta Stock Analysis
When running Nkarta's price analysis, check to measure Nkarta'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 Nkarta is operating at the current time. Most of Nkarta's value examination focuses on studying past and present price action to predict the probability of Nkarta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nkarta's price. Additionally, you may evaluate how the addition of Nkarta to your portfolios can decrease your overall portfolio volatility.