Allarity Therapeutics Stock Number Of Employees
| ALLR Stock | USD 1.27 0.01 0.79% |
Allarity Therapeutics fundamentals help investors to digest information that contributes to Allarity Therapeutics' financial success or failures. It also enables traders to predict the movement of Allarity Stock. The fundamental analysis module provides a way to measure Allarity Therapeutics' 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 Allarity Therapeutics stock.
Allarity | Number Of Employees |
Allarity Therapeutics Company Number Of Employees Analysis
Allarity Therapeutics' Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Current Allarity Therapeutics Number Of Employees | 5 |
Most of Allarity Therapeutics' fundamental indicators, such as Number Of Employees, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Allarity Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Allarity Number Of Employees Driver Correlations
Understanding the fundamental principles of building solid financial models for Allarity Therapeutics is extremely important. It helps to project a fair market value of Allarity Stock properly, considering its historical fundamentals such as Number Of Employees. Since Allarity Therapeutics' 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 Allarity Therapeutics' 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 Allarity Therapeutics' interrelated accounts and indicators.
Click cells to compare fundamentals
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
| Competition |
Based on the recorded statements, Allarity Therapeutics is currently employing 5.0 people. This is 99.95% lower than that of the Biotechnology sector and 99.07% lower than that of the Health Care industry. The number of employees for all United States stocks is 99.97% higher than that of the company.
Allarity Number Of Employees Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allarity Therapeutics' direct or indirect competition against its Number Of Employees to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Allarity Therapeutics could also be used in its relative valuation, which is a method of valuing Allarity Therapeutics by comparing valuation metrics of similar companies.Allarity Therapeutics is currently under evaluation in number of employees category among its peers.
Allarity Fundamentals
| Return On Equity | -1.22 | ||||
| Return On Asset | -0.48 | ||||
| Current Valuation | (11.5 M) | ||||
| Shares Outstanding | 1.41 M | ||||
| Shares Owned By Insiders | 12.30 % | ||||
| Shares Owned By Institutions | 1.20 % | ||||
| Number Of Shares Shorted | 179.44 K | ||||
| Price To Book | 0.43 X | ||||
| Gross Profit | (36.35 M) | ||||
| EBITDA | (12.08 M) | ||||
| Net Income | (11.9 M) | ||||
| Cash And Equivalents | 7.73 M | ||||
| Cash Per Share | 0.75 X | ||||
| Total Debt | 1.3 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 0.88 X | ||||
| Book Value Per Share | 16.98 X | ||||
| Cash Flow From Operations | (12.74 M) | ||||
| Short Ratio | 0.30 X | ||||
| Earnings Per Share | (10.98) X | ||||
| Target Price | 5.0 | ||||
| Beta | 0.29 | ||||
| Market Capitalization | 2.06 M | ||||
| Total Asset | 11.86 M | ||||
| Retained Earnings | (94.45 M) | ||||
| Working Capital | (12.2 M) | ||||
| Net Asset | 11.86 M |
About Allarity Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allarity Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allarity Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allarity Therapeutics 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 Allarity Therapeutics
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 Allarity Therapeutics 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 Allarity Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving together with Allarity Stock
Moving against Allarity Stock
The ability to find closely correlated positions to Allarity Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allarity Therapeutics 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 Allarity Therapeutics - 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 Allarity Therapeutics to buy it.
The correlation of Allarity Therapeutics 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 Allarity Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allarity Therapeutics 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 Allarity Therapeutics 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 Allarity Stock Analysis
When running Allarity Therapeutics' price analysis, check to measure Allarity Therapeutics' 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 Allarity Therapeutics is operating at the current time. Most of Allarity Therapeutics' value examination focuses on studying past and present price action to predict the probability of Allarity Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allarity Therapeutics' price. Additionally, you may evaluate how the addition of Allarity Therapeutics to your portfolios can decrease your overall portfolio volatility.