PBAX Old Performance
| PBAXDelisted Stock | USD 10.90 0.00 0.00% |
The firm owns a Beta (Systematic Risk) of -0.018, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PBAX Old are expected to decrease at a much lower rate. During the bear market, PBAX Old is likely to outperform the market. PBAX Old at this time owns a risk of 0.0%. Please check PBAX Old maximum drawdown, and the relationship between the information ratio and expected short fall , to decide if PBAX Old will be following its current price history.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days PBAX Old has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, PBAX Old is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 507.9 K |
PBAX |
PBAX Old Relative Risk vs. Return Landscape
If you would invest 1,090 in PBAX Old on November 2, 2024 and sell it today you would earn a total of 0.00 from holding PBAX Old or generate 0.0% return on investment over 90 days. PBAX Old 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 PBAX, 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 |
PBAX Old Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PBAX Old's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as PBAX Old, and traders can use it to determine the average amount a PBAX Old'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
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| PBAX |
Based on monthly moving average PBAX Old 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 PBAX Old by adding PBAX Old to a well-diversified portfolio.
PBAX Old Fundamentals Growth
PBAX Stock prices reflect investors' perceptions of the future prospects and financial health of PBAX Old, and PBAX Old 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 PBAX Stock performance.
| Return On Asset | -0.0255 | |||
| Current Valuation | 36.13 M | |||
| Shares Outstanding | 6.23 M | |||
| Price To Book | 123.73 X | |||
| EBITDA | (5.74 M) | |||
| Cash And Equivalents | 553.77 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 650 K | |||
| Book Value Per Share | (2.20) X | |||
| Cash Flow From Operations | (1.71 M) | |||
| Earnings Per Share | (0.35) X | |||
| Total Asset | 42.37 M | |||
| Retained Earnings | (10.76 M) | |||
About PBAX Old Performance
Evaluating PBAX Old's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if PBAX Old 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 PBAX Old 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.
Phoenix Biotech Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in Oakland, California. Phoenix Biotech is traded on NASDAQ Exchange in the United States.Things to note about PBAX Old performance evaluation
Checking the ongoing alerts about PBAX Old for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for PBAX Old help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| PBAX Old is now traded under the symbol CERO. Please update your portfolios or report it if you believe this is an error. Report It! | |
| PBAX Old is not yet fully synchronised with the market data | |
| PBAX Old has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2.52 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| PBAX Old currently holds about 553.77 K in cash with (1.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 95.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing PBAX Old'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 PBAX Old's stock is overvalued or undervalued compared to its peers.
- Examining PBAX Old'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 PBAX Old's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PBAX Old's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of PBAX Old's stock. These opinions can provide insight into PBAX Old's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center 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 nation. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in PBAX Stock
If you are still planning to invest in PBAX Old 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 PBAX Old's history and understand the potential risks before investing.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |