Kiromic Biopharma Stock Target Price
Kiromic Biopharma fundamentals help investors to digest information that contributes to Kiromic Biopharma's financial success or failures. It also enables traders to predict the movement of Kiromic Stock. The fundamental analysis module provides a way to measure Kiromic Biopharma's 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 Kiromic Biopharma stock.
Kiromic |
Kiromic Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kiromic Biopharma's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kiromic Biopharma could also be used in its relative valuation, which is a method of valuing Kiromic Biopharma by comparing valuation metrics of similar companies.Kiromic Biopharma is currently under evaluation in target price category among its peers.
Kiromic Fundamentals
Return On Equity | -11.3 | ||||
Return On Asset | -0.92 | ||||
Current Valuation | 9.55 M | ||||
Shares Outstanding | 1.18 M | ||||
Shares Owned By Insiders | 3.91 % | ||||
Shares Owned By Institutions | 68.00 % | ||||
Number Of Shares Shorted | 45.74 K | ||||
Price To Book | 15.11 X | ||||
EBITDA | (29.44 M) | ||||
Net Income | (34.73 M) | ||||
Cash And Equivalents | 6.51 M | ||||
Cash Per Share | 0.41 X | ||||
Total Debt | 9.41 M | ||||
Debt To Equity | 0.20 % | ||||
Current Ratio | 1.35 X | ||||
Book Value Per Share | (5.35) X | ||||
Cash Flow From Operations | (23.75 M) | ||||
Short Ratio | 0.93 X | ||||
Earnings Per Share | (39.68) X | ||||
Number Of Employees | 31 | ||||
Beta | 0.16 | ||||
Market Capitalization | 2.15 M | ||||
Total Asset | 11.97 M | ||||
Retained Earnings | (101.95 M) | ||||
Working Capital | (11.59 M) | ||||
Z Score | -21.07 | ||||
Net Asset | 11.97 M |
Pair Trading with Kiromic Biopharma
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 Kiromic Biopharma 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 Kiromic Biopharma will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Honeywell International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Honeywell International 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 Honeywell International - 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 Honeywell International to buy it.
The correlation of Honeywell International 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 Honeywell International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Honeywell International 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 Honeywell International 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Kiromic Stock
If you are still planning to invest in Kiromic Biopharma check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kiromic Biopharma's history and understand the potential risks before investing.
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