Erasca Inc Stock Performance
| ERAS Stock | USD 9.61 0.35 3.51% |
Erasca holds a performance score of 27 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Erasca are expected to decrease at a much lower rate. During the bear market, Erasca is likely to outperform the market. Use Erasca coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on Erasca.
Risk-Adjusted Performance
Strong
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Erasca Inc are ranked lower than 27 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unfluctuating basic indicators, Erasca unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 93.5 M | |
| Total Cashflows From Investing Activities | -156.6 M |
Erasca Relative Risk vs. Return Landscape
If you would invest 236.00 in Erasca Inc on October 29, 2025 and sell it today you would earn a total of 814.00 from holding Erasca Inc or generate 344.92% return on investment over 90 days. Erasca Inc is currently generating 2.7425% in daily expected returns and assumes 7.8393% risk (volatility on return distribution) over the 90 days horizon. In different words, 70% of stocks are less volatile than Erasca, and 45% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Erasca Target Price Odds to finish over Current Price
The tendency of Erasca Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 9.61 | 90 days | 9.61 | about 1.72 |
Based on a normal probability distribution, the odds of Erasca to move above the current price in 90 days from now is about 1.72 (This Erasca Inc probability density function shows the probability of Erasca Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Erasca Inc has a beta of -0.3 suggesting as returns on the benchmark increase, returns on holding Erasca are expected to decrease at a much lower rate. During a bear market, however, Erasca Inc is likely to outperform the market. In addition to that Erasca Inc has an alpha of 2.7532, implying that it can generate a 2.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Erasca Price Density |
| Price |
Predictive Modules for Erasca
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Erasca Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Erasca Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Erasca is not an exception. The market had few large corrections towards the Erasca's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Erasca Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Erasca within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.75 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 2.51 | |
Ir | Information ratio | 0.34 |
Erasca Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Erasca for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Erasca Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Erasca Inc is way too risky over 90 days horizon | |
| Erasca Inc appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (161.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Erasca Inc currently holds about 371.48 M in cash with (109.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.04. | |
| Over 76.0% of the company shares are held by institutions such as insurance companies |
Erasca Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Erasca Stock often depends not only on the future outlook of the current and potential Erasca's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Erasca's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 233.8 M | |
| Cash And Short Term Investments | 298.3 M |
Erasca Fundamentals Growth
Erasca Stock prices reflect investors' perceptions of the future prospects and financial health of Erasca, and Erasca 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 Erasca Stock performance.
| Return On Equity | -0.32 | ||||
| Return On Asset | -0.18 | ||||
| Current Valuation | 2.81 B | ||||
| Shares Outstanding | 306.21 M | ||||
| Price To Book | 8.77 X | ||||
| EBITDA | (153.28 M) | ||||
| Cash And Equivalents | 371.48 M | ||||
| Cash Per Share | 3.04 X | ||||
| Total Debt | 51.89 M | ||||
| Debt To Equity | 0.07 % | ||||
| Book Value Per Share | 1.23 X | ||||
| Cash Flow From Operations | (109.42 M) | ||||
| Earnings Per Share | (0.43) X | ||||
| Total Asset | 502.53 M | ||||
| Retained Earnings | (767.66 M) | ||||
About Erasca Performance
Assessing Erasca's fundamental ratios provides investors with valuable insights into Erasca's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Erasca is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Erasca, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, developing, and commercializing therapies for patients with RASMAPK pathway-driven cancers. The company was incorporated in 2018 and is headquartered in San Diego, California. Erasca operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 123 people.Things to note about Erasca Inc performance evaluation
Checking the ongoing alerts about Erasca for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Erasca Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Erasca Inc is way too risky over 90 days horizon | |
| Erasca Inc appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (161.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Erasca Inc currently holds about 371.48 M in cash with (109.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.04. | |
| Over 76.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Erasca'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 Erasca's stock is overvalued or undervalued compared to its peers.
- Examining Erasca'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 Erasca's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Erasca's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Erasca's stock. These opinions can provide insight into Erasca's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Erasca Stock Analysis
When running Erasca's price analysis, check to measure Erasca'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 Erasca is operating at the current time. Most of Erasca's value examination focuses on studying past and present price action to predict the probability of Erasca's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erasca's price. Additionally, you may evaluate how the addition of Erasca to your portfolios can decrease your overall portfolio volatility.