Biora Therapeutics Stock Operating Margin
| BIOR Stock | USD 1.67 0.04 2.45% |
Biora Therapeutics fundamentals help investors to digest information that contributes to Biora Therapeutics' financial success or failures. It also enables traders to predict the movement of Biora Stock. The fundamental analysis module provides a way to measure Biora 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 Biora Therapeutics stock.
| Last Reported | Projected for Next Year | ||
| Operating Profit Margin | -16.8 K | -15.9 K |
Biora | Operating Margin |
Biora Therapeutics Company Operating Margin Analysis
Biora Therapeutics' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Biora Therapeutics Operating Margin | (49.64) % |
Most of Biora Therapeutics' fundamental indicators, such as Operating Margin, 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, Biora Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Biora Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Biora Therapeutics is extremely important. It helps to project a fair market value of Biora Stock properly, considering its historical fundamentals such as Operating Margin. Since Biora 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 Biora 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 Biora Therapeutics' interrelated accounts and indicators.
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A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Biora Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Biora Therapeutics has an Operating Margin of -49.6415%. This is 41.51% higher than that of the Biotechnology sector and 55.7% lower than that of the Health Care industry. The operating margin for all United States stocks is notably higher than that of the company.
Biora Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Biora Therapeutics' direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Biora Therapeutics could also be used in its relative valuation, which is a method of valuing Biora Therapeutics by comparing valuation metrics of similar companies.Biora Therapeutics is currently under evaluation in operating margin category among its peers.
Biora Fundamentals
| Return On Asset | -1.25 | ||||
| Operating Margin | (49.64) % | ||||
| Current Valuation | 44 M | ||||
| Shares Outstanding | 4.52 M | ||||
| Shares Owned By Insiders | 0.10 % | ||||
| Shares Owned By Institutions | 29.39 % | ||||
| Number Of Shares Shorted | 201.8 K | ||||
| Price To Sales | 8.78 X | ||||
| Revenue | 4 K | ||||
| Gross Profit | 1.25 M | ||||
| EBITDA | (114.05 M) | ||||
| Net Income | (124.11 M) | ||||
| Cash And Equivalents | 37.06 M | ||||
| Cash Per Share | 0.19 X | ||||
| Total Debt | 47.43 M | ||||
| Current Ratio | 1.69 X | ||||
| Book Value Per Share | (36.43) X | ||||
| Cash Flow From Operations | (48.5 M) | ||||
| Short Ratio | 2.94 X | ||||
| Earnings Per Share | 0.36 X | ||||
| Target Price | 34.0 | ||||
| Number Of Employees | 58 | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 7.55 M | ||||
| Total Asset | 31.21 M | ||||
| Retained Earnings | (950.96 M) | ||||
| Working Capital | (43.9 M) | ||||
| Current Asset | 667 K | ||||
| Current Liabilities | 3.01 M | ||||
| Net Asset | 31.21 M |
About Biora Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Biora Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Biora Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Biora 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 Biora 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 Biora 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 Biora Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving together with Biora Stock
| 0.61 | A | Agilent Technologies Earnings Call Tomorrow | PairCorr |
| 0.85 | ME | 23Andme Holding | PairCorr |
| 0.83 | VALN | Valneva SE ADR | PairCorr |
| 0.85 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
Moving against Biora Stock
| 0.65 | MDGL | Madrigal Pharmaceuticals | PairCorr |
| 0.5 | KZR | Kezar Life Sciences | PairCorr |
| 0.44 | RNXT | RenovoRx | PairCorr |
| 0.41 | MLYS | Mineralys Therapeutics, | PairCorr |
The ability to find closely correlated positions to Biora 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 Biora 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 Biora 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 Biora Therapeutics to buy it.
The correlation of Biora 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 Biora Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biora 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 Biora 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 Biora Stock Analysis
When running Biora Therapeutics' price analysis, check to measure Biora 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 Biora Therapeutics is operating at the current time. Most of Biora Therapeutics' value examination focuses on studying past and present price action to predict the probability of Biora Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biora Therapeutics' price. Additionally, you may evaluate how the addition of Biora Therapeutics to your portfolios can decrease your overall portfolio volatility.