Adagene Inc. Short Interest Up 47.7 percent in December
| ADAG Stock | USD 2.34 0.03 1.30% |
Roughly 50% of Adagene's stockholders are presently thinking to get in. The analysis of the overall investor sentiment regarding Adagene suggests that some traders are interested. The current market sentiment, together with Adagene's historical and current headlines, can help investors time the market. In addition, many technical investors use Adagene stock news signals to limit their universe of possible portfolio assets.
Adagene |
Adagene Inc. was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 32,800 shares, a growth of 47.7 percent from the November 30th total of 22,200 shares. Based on an average daily volume of 22,500 shares, the short-interest ratio is
Read at thelincolnianonline.com
 |
Adagene Fundamental Analysis
We analyze Adagene's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adagene using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adagene 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.
Total Debt
Total Debt Comparative Analysis
Adagene is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Adagene Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Adagene stock to make a market-neutral strategy. Peer analysis of Adagene could also be used in its relative valuation, which is a method of valuing Adagene by comparing valuation metrics with similar companies.
Peers
Adagene Related Equities
| ANTX | AN2 Therapeutics | 21.90 | ||||
| PMVP | Pmv Pharmaceuticals | 1.25 | ||||
| RZLT | Rezolute | 1.00 | ||||
| ACRV | Acrivon Therapeutics, | 0.80 | ||||
| ANEB | Anebulo Pharmaceuticals | 0.70 | ||||
| MOLN | Molecular Partners | 0.17 | ||||
| AVTE | Aerovate Therapeutics | 0.38 | ||||
| ANAB | AnaptysBio | 0.64 | ||||
| ELYM | Eliem Therapeutics | 1.30 | ||||
| JANX | Janux Therapeutics | 2.54 | ||||
| MLYS | Mineralys Therapeutics, | 2.59 |
Complementary Tools for Adagene Stock analysis
When running Adagene's price analysis, check to measure Adagene'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 Adagene is operating at the current time. Most of Adagene's value examination focuses on studying past and present price action to predict the probability of Adagene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adagene's price. Additionally, you may evaluate how the addition of Adagene to your portfolios can decrease your overall portfolio volatility.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |