Kezar Life Sciences Stock Net Asset
| KZR Stock | USD 6.33 0.14 2.26% |
Kezar Life Sciences fundamentals help investors to digest information that contributes to Kezar Life's financial success or failures. It also enables traders to predict the movement of Kezar Stock. The fundamental analysis module provides a way to measure Kezar Life'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 Kezar Life stock.
Kezar | Net Asset |
Kezar Life Sciences Company Net Asset Analysis
Kezar Life's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Kezar Life Net Asset | 221.24 M |
Most of Kezar Life's fundamental indicators, such as Net Asset, 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, Kezar Life Sciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Kezar Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Kezar Life is extremely important. It helps to project a fair market value of Kezar Stock properly, considering its historical fundamentals such as Net Asset. Since Kezar Life's 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 Kezar Life's 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 Kezar Life's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Kezar Total Assets
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Based on the recorded statements, Kezar Life Sciences has a Net Asset of 221.24 M. This is much higher than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The net asset for all United States stocks is notably lower than that of the firm.
Kezar Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kezar Life's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kezar Life could also be used in its relative valuation, which is a method of valuing Kezar Life by comparing valuation metrics of similar companies.Kezar Life is currently under evaluation in net asset category among its peers.
Kezar Life ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Kezar Life's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kezar Life's managers, analysts, and investors.Environmental | Governance | Social |
Kezar Life Institutional Holders
Institutional Holdings refers to the ownership stake in Kezar Life that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kezar Life's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kezar Life's value.| Shares | Acuitas Investments, Llc | 2024-06-30 | 986.8 K | Ikarian Capital, Llc | 2024-06-30 | 869 K | Blackrock Inc | 2024-06-30 | 830.4 K | Qiming U.s. Ventures Management, Llc | 2024-06-30 | 828.7 K | Renaissance Technologies Corp | 2024-06-30 | 778.5 K | Millennium Management Llc | 2024-06-30 | 628.5 K | Jane Street Group Llc | 2024-06-30 | 549.1 K | Geode Capital Management, Llc | 2024-06-30 | 545.2 K | Citadel Advisors Llc | 2024-06-30 | 483.2 K | Suvretta Capital Management, Llc | 2024-06-30 | 7.2 M | Avidity Partners Management Lp | 2024-06-30 | 5 M |
Kezar Fundamentals
| Return On Equity | -0.51 | ||||
| Return On Asset | -0.28 | ||||
| Operating Margin | (14.22) % | ||||
| Current Valuation | (86.31 M) | ||||
| Shares Outstanding | 7.3 M | ||||
| Shares Owned By Insiders | 14.79 % | ||||
| Shares Owned By Institutions | 63.90 % | ||||
| Number Of Shares Shorted | 85.33 K | ||||
| Price To Earning | (9.34) X | ||||
| Price To Book | 0.34 X | ||||
| Price To Sales | 6.60 X | ||||
| Revenue | 7 M | ||||
| Gross Profit | (72.85 M) | ||||
| EBITDA | (99.25 M) | ||||
| Net Income | (101.87 M) | ||||
| Cash And Equivalents | 306.84 M | ||||
| Cash Per Share | 4.49 X | ||||
| Total Debt | 18.93 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 39.64 X | ||||
| Book Value Per Share | 25.77 X | ||||
| Cash Flow From Operations | (81.64 M) | ||||
| Short Ratio | 0.93 X | ||||
| Earnings Per Share | (13.42) X | ||||
| Target Price | 13.5 | ||||
| Number Of Employees | 58 | ||||
| Beta | 0.22 | ||||
| Market Capitalization | 46.19 M | ||||
| Total Asset | 221.24 M | ||||
| Retained Earnings | (350.76 M) | ||||
| Working Capital | 189.21 M | ||||
| Current Asset | 74.47 M | ||||
| Current Liabilities | 2.18 M | ||||
| Net Asset | 221.24 M |
About Kezar Life Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kezar Life Sciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kezar Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kezar Life Sciences 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 Kezar Life
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 Kezar Life 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 Kezar Life will appreciate offsetting losses from the drop in the long position's value.Moving together with Kezar Stock
| 0.65 | AZN | AstraZeneca PLC ADR | PairCorr |
| 0.8 | GSK | GlaxoSmithKline PLC ADR | PairCorr |
| 0.61 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.88 | NVS | Novartis AG ADR | PairCorr |
Moving against Kezar Stock
| 0.69 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.6 | GILD | Gilead Sciences | PairCorr |
| 0.37 | LH | Laboratory | PairCorr |
The ability to find closely correlated positions to Kezar Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kezar Life 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 Kezar Life - 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 Kezar Life Sciences to buy it.
The correlation of Kezar Life 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 Kezar Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kezar Life Sciences 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 Kezar Life 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 Kezar Stock Analysis
When running Kezar Life's price analysis, check to measure Kezar Life'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 Kezar Life is operating at the current time. Most of Kezar Life's value examination focuses on studying past and present price action to predict the probability of Kezar Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kezar Life's price. Additionally, you may evaluate how the addition of Kezar Life to your portfolios can decrease your overall portfolio volatility.