EQRx Inc Performance
| EQRXDelisted Stock | USD 1.83 0.13 6.63% |
The firm shows a Beta (market volatility) of -1.31, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning EQRx are expected to decrease by larger amounts. On the other hand, during market turmoil, EQRx is expected to outperform it. EQRx Inc currently shows a risk of 0.0%. Please confirm EQRx Inc value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if EQRx Inc will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days EQRx Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, EQRx is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 1.7 B | |
| Total Cashflows From Investing Activities | -897.3 M |
EQRx |
EQRx Relative Risk vs. Return Landscape
If you would invest 183.00 in EQRx Inc on August 25, 2024 and sell it today you would earn a total of 0.00 from holding EQRx Inc or generate 0.0% return on investment over 90 days. EQRx Inc is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than EQRx, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
EQRx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EQRx's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as EQRx Inc, and traders can use it to determine the average amount a EQRx's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average EQRx is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of EQRx by adding EQRx to a well-diversified portfolio.
EQRx Fundamentals Growth
EQRx Stock prices reflect investors' perceptions of the future prospects and financial health of EQRx, and EQRx fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on EQRx Stock performance.
| Return On Equity | -0.2 | |||
| Return On Asset | -0.14 | |||
| Current Valuation | (75.06 M) | |||
| Shares Outstanding | 487.7 M | |||
| Price To Book | 1.00 X | |||
| EBITDA | (517.58 M) | |||
| Cash And Equivalents | 1.56 B | |||
| Cash Per Share | 3.29 X | |||
| Total Debt | 3.83 M | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 2.41 X | |||
| Cash Flow From Operations | (287.27 M) | |||
| Earnings Per Share | (0.54) X | |||
| Total Asset | 1.46 B | |||
| Retained Earnings | (527.59 M) | |||
About EQRx Performance
Evaluating EQRx's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if EQRx has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if EQRx has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
EQRx, Inc., a pharmaceutical company, engages in developing medicines primarily for the treatment of oncology and immune-inflammatory diseases in the United States. The company was incorporated in 2019 and is headquartered in Cambridge, Massachusetts. Eqrx operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 240 people.Things to note about EQRx Inc performance evaluation
Checking the ongoing alerts about EQRx for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for EQRx Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| EQRx Inc is not yet fully synchronised with the market data | |
| EQRx Inc may become a speculative penny stock | |
| EQRx Inc has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (169.09 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| EQRx Inc currently holds about 1.56 B in cash with (287.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.29, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 68.0% of the company shares are held by institutions such as insurance companies |
- Analyzing EQRx's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether EQRx's stock is overvalued or undervalued compared to its peers.
- Examining EQRx's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating EQRx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EQRx's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EQRx's stock. These opinions can provide insight into EQRx's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities 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 metropolitan statistical area. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in EQRx Stock
If you are still planning to invest in EQRx Inc 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 EQRx's history and understand the potential risks before investing.
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