Cytokinetics Revenue vs. Shares Owned By Institutions
| CYTK Stock | USD 50.25 1.15 2.34% |
Total Revenue | First Reported 2002-12-31 | Previous Quarter 249 K | Current Value 463 K | Quarterly Volatility 15.1 M |
For Cytokinetics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cytokinetics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cytokinetics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cytokinetics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cytokinetics over time as well as its relative position and ranking within its peers.
Cytokinetics |
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 Cytokinetics. If investors know Cytokinetics 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 Cytokinetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.38) | Revenue Per Share 0.03 | Quarterly Revenue Growth 0.225 | Return On Assets (0.30) | Return On Equity (5.72) |
The market value of Cytokinetics is measured differently than its book value, which is the value of Cytokinetics that is recorded on the company's balance sheet. Investors also form their own opinion of Cytokinetics' value that differs from its market value or its book value, called intrinsic value, which is Cytokinetics' 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 Cytokinetics' market value can be influenced by many factors that don't directly affect Cytokinetics' 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 Cytokinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cytokinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cytokinetics' 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.
Cytokinetics Shares Owned By Institutions vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cytokinetics's current stock value. Our valuation model uses many indicators to compare Cytokinetics value to that of its competitors to determine the firm's financial worth. Cytokinetics is rated third in revenue category among its peers. It is number one stock in shares owned by institutions category among its peers . The ratio of Revenue to Shares Owned By Institutions for Cytokinetics is about 75,678 . At this time, Cytokinetics' Total Revenue is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cytokinetics 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.Cytokinetics Revenue vs. Competition
Cytokinetics is rated third in revenue category among its peers. Market size based on revenue of Health Care industry is currently estimated at about 153.34 Million. Cytokinetics holds roughly 7.53 Million in revenue claiming about 5% of equities under Health Care industry.
Cytokinetics Shares Owned By Institutions 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.
Cytokinetics |
| = | 7.53 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.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Cytokinetics |
| = | 99.50 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Cytokinetics Shares Owned By Institutions Comparison
Cytokinetics is currently under evaluation in shares owned by institutions category among its peers.
Cytokinetics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cytokinetics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cytokinetics will eventually generate negative long term returns. The profitability progress is the general direction of Cytokinetics' change in net profit over the period of time. It can combine multiple indicators of Cytokinetics, 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 | ||
| Accumulated Other Comprehensive Income | -10 K | -10.5 K | |
| Operating Income | -496.2 M | -471.4 M | |
| Net Loss | -526.2 M | -499.9 M | |
| Income Tax Expense | 11.7 M | 8 M | |
| Income Before Tax | -526.2 M | -499.9 M | |
| Total Other Income Expense Net | -30 M | -28.5 M | |
| Net Loss | -350.1 M | -332.6 M | |
| Net Loss | -526.7 M | -500.4 M | |
| Non Operating Income Net Other | 13 M | 13.7 M | |
| Interest Income | 26 M | 27.3 M | |
| Net Interest Income | -30.9 M | -32.5 M | |
| Change To Netincome | 90.4 M | 94.9 M | |
| Net Loss | (5.45) | (5.72) | |
| Income Quality | 0.79 | 0.95 | |
| Net Income Per E B T | 0.93 | 0.89 |
Cytokinetics Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cytokinetics. 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 Cytokinetics 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 Cytokinetics' important profitability drivers and their relationship over time.
Use Cytokinetics 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 Cytokinetics 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 Cytokinetics will appreciate offsetting losses from the drop in the long position's value.Cytokinetics Pair Trading
Cytokinetics Pair Trading Analysis
The ability to find closely correlated positions to Cytokinetics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cytokinetics 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 Cytokinetics - 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 Cytokinetics to buy it.
The correlation of Cytokinetics 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 Cytokinetics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cytokinetics 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 Cytokinetics 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 Cytokinetics position
In addition to having Cytokinetics 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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To fully project Cytokinetics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cytokinetics at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cytokinetics' income statement, its balance sheet, and the statement of cash flows.