Disposition of 765897 shares by Brian Sullivan of Celcuity LLC subject to Rule 16b-3
| ELEV Stock | USD 0.62 0.01 1.59% |
Slightly above 61% of Elevation Oncology's investor base is looking to short. The analysis of the overall investor sentiment regarding Elevation Oncology suggests that many traders are alarmed. Elevation Oncology's investing sentiment can be driven by a variety of factors including economic data, Elevation Oncology's earnings reports, geopolitical events, and overall market trends.
Elevation |
Filed transaction by Celcuity LLC Director, 10 Percent Owner, Officer: Chief Executive Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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Elevation Oncology Fundamental Analysis
We analyze Elevation Oncology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elevation Oncology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elevation Oncology 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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Elevation Oncology is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Elevation Oncology 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 Elevation Oncology stock to make a market-neutral strategy. Peer analysis of Elevation Oncology could also be used in its relative valuation, which is a method of valuing Elevation Oncology by comparing valuation metrics with similar companies.
Peers
Elevation Oncology Related Equities
| ENVB | Enveric Biosciences | 3.13 | ||||
| ZURA | Zura Bio | 0.33 | ||||
| OCEA | Ocean Biomedical | 2.74 | ||||
| HEPA | Hepion Pharmaceuticals | 4.48 |
Additional Tools for Elevation Stock Analysis
When running Elevation Oncology's price analysis, check to measure Elevation Oncology'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 Elevation Oncology is operating at the current time. Most of Elevation Oncology's value examination focuses on studying past and present price action to predict the probability of Elevation Oncology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevation Oncology's price. Additionally, you may evaluate how the addition of Elevation Oncology to your portfolios can decrease your overall portfolio volatility.