Biora Therapeutics Revenue vs. Price To Sales
| BIOR Stock | USD 1.67 0.04 2.45% |
Total Revenue | First Reported 2019-03-31 | Previous Quarter 318 K | Current Value 32 K | Quarterly Volatility 16.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Return On Equity | 1.99 | 1.2238 |
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For Biora Therapeutics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Biora Therapeutics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Biora Therapeutics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Biora Therapeutics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Biora Therapeutics over time as well as its relative position and ranking within its peers.
Biora |
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biora Therapeutics. If investors know Biora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biora Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.36 | Revenue Per Share 0.329 | Quarterly Revenue Growth 158 | Return On Assets (1.25) |
The market value of Biora Therapeutics is measured differently than its book value, which is the value of Biora that is recorded on the company's balance sheet. Investors also form their own opinion of Biora Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Biora Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biora Therapeutics' market value can be influenced by many factors that don't directly affect Biora Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biora Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Biora Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biora Therapeutics' 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.
Biora Therapeutics Price To Sales vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Biora Therapeutics's current stock value. Our valuation model uses many indicators to compare Biora Therapeutics value to that of its competitors to determine the firm's financial worth. Biora Therapeutics is rated below average in revenue category among its peers. It is rated third in price to sales category among its peers . The ratio of Revenue to Price To Sales for Biora Therapeutics is about 455.45 . At this time, Biora Therapeutics' Total Revenue is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Biora Therapeutics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Biora Revenue vs. Competition
Biora Therapeutics is rated below average in revenue category among its peers. Market size based on revenue of Health Care industry is currently estimated at about 145.81 Million. Biora Therapeutics adds roughly 4,000 in revenue claiming only tiny portion of equities under Health Care industry.
Biora Price To Sales 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.
Biora Therapeutics |
| = | 4 K |
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Biora Therapeutics |
| = | 8.78 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Biora Price To Sales Comparison
Biora Therapeutics is currently under evaluation in price to sales category among its peers.
Biora Therapeutics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Biora Therapeutics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Biora Therapeutics will eventually generate negative long term returns. The profitability progress is the general direction of Biora Therapeutics' change in net profit over the period of time. It can combine multiple indicators of Biora Therapeutics, 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.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -10.7 M | -11.2 M | |
| Interest Income | 517.5 K | 950.4 K | |
| Operating Income | -67.1 M | -70.5 M | |
| Net Loss | -122.2 M | -128.3 M | |
| Income Before Tax | -124.4 M | -130.6 M | |
| Total Other Income Expense Net | -57.3 M | -54.4 M | |
| Net Loss | -222.7 M | -233.8 M | |
| Net Loss | -124.1 M | -130.3 M | |
| Income Tax Expense | -90 K | -94.5 K | |
| Change To Netincome | 118.2 M | 65.6 M | |
| Net Loss | (7.87) | (8.26) | |
| Income Quality | 0.39 | 0.68 | |
| Net Income Per E B T | 1.00 | 1.08 |
Biora Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Biora Therapeutics. 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 Biora Therapeutics 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 Biora Therapeutics' important profitability drivers and their relationship over time.
Use Biora Therapeutics 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 Biora Therapeutics 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 Biora Therapeutics will appreciate offsetting losses from the drop in the long position's value.Biora Therapeutics Pair Trading
Biora Therapeutics Pair Trading Analysis
The ability to find closely correlated positions to Biora Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biora Therapeutics 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 Biora Therapeutics - 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 Biora Therapeutics to buy it.
The correlation of Biora Therapeutics 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 Biora Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biora Therapeutics 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 Biora Therapeutics 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 Biora Therapeutics position
In addition to having Biora Therapeutics 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?
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Construction Materials
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction Materials theme has 61 constituents at this time.
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Additional Tools for Biora Stock Analysis
When running Biora Therapeutics' price analysis, check to measure Biora Therapeutics' 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 Biora Therapeutics is operating at the current time. Most of Biora Therapeutics' value examination focuses on studying past and present price action to predict the probability of Biora Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biora Therapeutics' price. Additionally, you may evaluate how the addition of Biora Therapeutics to your portfolios can decrease your overall portfolio volatility.