Adynxx Revenue vs. Current Valuation
Based on the key profitability measurements obtained from Adynxx's financial statements, Adynxx Inc may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Adynxx's ability to earn profits and add value for shareholders.
Check out Trending Equities 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 manufacturing.
Please note, there is a significant difference between Adynxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adynxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adynxx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Adynxx profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Adynxx to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Adynxx Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Adynxx's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Adynxx Inc over time as well as its relative position and ranking within its peers.
Adynxx |
Adynxx Inc Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Adynxx's current stock value. Our valuation model uses many indicators to compare Adynxx value to that of its competitors to determine the firm's financial worth. Adynxx Inc is the top company in revenue category among its peers. It also is the top company in current valuation category among its peers reporting about 4.17 of Current Valuation per Revenue. Comparative valuation analysis is a catch-all model that can be used if you cannot value Adynxx by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Adynxx's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Adynxx Revenue vs. Competition
Adynxx Inc is the top company in revenue category among its peers. Market size based on revenue of Health Care industry is presently estimated at about 56.13 Billion. Adynxx adds roughly 2.22 Million in revenue claiming only tiny portion of equities under Health Care industry.
Adynxx Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Adynxx |
| = | 2.22 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Adynxx |
| = | 9.24 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Adynxx Current Valuation vs Competition
Adynxx Inc is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is presently estimated at about 27.58 Billion. Adynxx adds roughly 9.24 Million in current valuation claiming only tiny portion of equities under Health Care industry.
Adynxx Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Adynxx, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Adynxx will eventually generate negative long term returns. The profitability progress is the general direction of Adynxx's change in net profit over the period of time. It can combine multiple indicators of Adynxx, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Adynxx, Inc., a clinical stage biopharmaceutical company, focuses on the development and marketing of transcription factor decoy technologies for the treatment of pain and inflammatory diseases. The company was founded in 2007 and is headquartered in San Francisco, California. ADYNXX INC operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 6 people.
Adynxx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Adynxx. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Adynxx position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Adynxx's important profitability drivers and their relationship over time.
Use Adynxx in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adynxx position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adynxx will appreciate offsetting losses from the drop in the long position's value.Adynxx Pair Trading
Adynxx Inc Pair Trading Analysis
The ability to find closely correlated positions to Northern Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northern Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northern Trust to buy it.
The correlation of Northern Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northern Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northern Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Adynxx position
In addition to having Adynxx in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Electrical Equipment Thematic Idea Now
Electrical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electrical Equipment Theme or any other thematic opportunities.
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Check out Trending Equities 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 manufacturing. 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 Adynxx Pink Sheet
If you are still planning to invest in Adynxx 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 Adynxx's history and understand the potential risks before investing.
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