Acurx Pharmaceuticals Llc Stock Five Year Return
| ACXP Stock | USD 0.90 0.03 3.23% |
Acurx Pharmaceuticals LLC fundamentals help investors to digest information that contributes to Acurx Pharmaceuticals' financial success or failures. It also enables traders to predict the movement of Acurx Stock. The fundamental analysis module provides a way to measure Acurx Pharmaceuticals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Acurx Pharmaceuticals stock.
Acurx | Five Year Return |
Acurx Pharmaceuticals LLC Company Five Year Return Analysis
Acurx Pharmaceuticals' Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Acurx Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Acurx Pharmaceuticals is extremely important. It helps to project a fair market value of Acurx Stock properly, considering its historical fundamentals such as Five Year Return. Since Acurx Pharmaceuticals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Acurx Pharmaceuticals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Acurx Pharmaceuticals' interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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Acurx Return On Tangible Assets
Return On Tangible Assets |
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According to the company disclosure, Acurx Pharmaceuticals LLC has a Five Year Return of 0.0%. This indicator is about the same for the Biotechnology average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Acurx Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Acurx Pharmaceuticals' direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Acurx Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Acurx Pharmaceuticals by comparing valuation metrics of similar companies.Acurx Pharmaceuticals is currently under evaluation in five year return category among its peers.
Acurx Fundamentals
| Return On Equity | -3.47 | ||||
| Return On Asset | -1.32 | ||||
| Current Valuation | 6.91 M | ||||
| Shares Outstanding | 16.89 M | ||||
| Shares Owned By Insiders | 14.80 % | ||||
| Shares Owned By Institutions | 11.96 % | ||||
| Number Of Shares Shorted | 443.72 K | ||||
| Price To Book | 4.76 X | ||||
| EBITDA | (14.58 M) | ||||
| Net Income | (14.58 M) | ||||
| Cash And Equivalents | 9.09 M | ||||
| Cash Per Share | 0.80 X | ||||
| Total Debt | 3.04 M | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 19.43 X | ||||
| Book Value Per Share | 0.32 X | ||||
| Cash Flow From Operations | (9.8 M) | ||||
| Short Ratio | 12.59 X | ||||
| Earnings Per Share | (1.09) X | ||||
| Target Price | 11.19 | ||||
| Beta | -1.72 | ||||
| Market Capitalization | 14.95 M | ||||
| Total Asset | 7.71 M | ||||
| Retained Earnings | (53.22 M) | ||||
| Working Capital | 4.67 M | ||||
| Net Asset | 7.71 M |
About Acurx Pharmaceuticals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Acurx Pharmaceuticals LLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acurx Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acurx Pharmaceuticals LLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Acurx Pharmaceuticals
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 Acurx Pharmaceuticals 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 Acurx Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.Moving together with Acurx Stock
Moving against Acurx Stock
| 0.89 | ESPR | Esperion Therapeutics | PairCorr |
| 0.83 | DYAI | Dyadic International | PairCorr |
| 0.72 | BMY | Bristol Myers Squibb | PairCorr |
| 0.58 | GILD | Gilead Sciences | PairCorr |
| 0.55 | DNA | Ginkgo Bioworks Holdings | PairCorr |
The ability to find closely correlated positions to Acurx Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acurx Pharmaceuticals 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 Acurx Pharmaceuticals - 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 Acurx Pharmaceuticals LLC to buy it.
The correlation of Acurx Pharmaceuticals 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 Acurx Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acurx Pharmaceuticals LLC 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 Acurx Pharmaceuticals 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 Acurx Stock Analysis
When running Acurx Pharmaceuticals' price analysis, check to measure Acurx Pharmaceuticals' 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 Acurx Pharmaceuticals is operating at the current time. Most of Acurx Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Acurx Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acurx Pharmaceuticals' price. Additionally, you may evaluate how the addition of Acurx Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.