Amarin Plc Stock One Year High

AMRN Stock  USD 0.89  0.02  2.30%   
Amarin PLC fundamentals help investors to digest information that contributes to Amarin PLC's financial success or failures. It also enables traders to predict the movement of Amarin Stock. The fundamental analysis module provides a way to measure Amarin PLC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Amarin PLC stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Amarin One Year High Analysis

Amarin PLC's One Year High typically refers to the highest price that a given equity instrument has reached in the last 52 weeks. In other words, it is the highest price that investors paid or were willing to pay for a given stock, fund, or ETF over the past 52 weeks of trading.
 2021 2022 2023 2024 (projected)
Interest Expense129K15K8K7.6K
Depreciation And Amortization2.9M2.1M3.0M1.9M

One Year High

=

Highest Price in the Last 52 Weeks

More About One Year High | All Equity Analysis

Amarin One Year High Driver Correlations

Understanding the fundamental principles of building solid financial models for Amarin PLC is extremely important. It helps to project a fair market value of Amarin Stock properly, considering its historical fundamentals such as One Year High. Since Amarin PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Amarin PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Amarin PLC's interrelated accounts and indicators.
0.660.98-0.74-0.730.920.960.830.930.540.990.590.830.86-0.14-0.060.72-0.370.70.94-0.980.970.31-0.40.75-0.780.910.980.970.87
0.660.7-0.59-0.680.410.70.280.780.060.65-0.160.530.75-0.14-0.140.77-0.360.310.76-0.720.750.02-0.440.72-0.730.690.680.670.85
0.980.7-0.8-0.640.880.970.810.890.360.970.530.820.81-0.13-0.110.73-0.540.710.96-0.990.990.3-0.350.76-0.80.930.990.980.89
-0.74-0.59-0.80.44-0.57-0.69-0.52-0.65-0.17-0.78-0.31-0.55-0.58-0.10.21-0.30.6-0.76-0.740.78-0.76-0.470.17-0.620.66-0.75-0.79-0.83-0.6
-0.73-0.68-0.640.44-0.65-0.75-0.55-0.92-0.62-0.73-0.33-0.49-0.960.250.0-0.530.09-0.53-0.620.71-0.67-0.360.78-0.760.83-0.73-0.69-0.69-0.63
0.920.410.88-0.57-0.650.930.910.830.590.90.810.750.78-0.16-0.070.59-0.410.740.78-0.890.860.47-0.420.72-0.750.840.90.870.69
0.960.70.97-0.69-0.750.930.820.940.420.960.580.770.88-0.22-0.090.74-0.50.710.92-0.980.970.39-0.520.84-0.870.930.970.950.87
0.830.280.81-0.52-0.550.910.820.720.560.820.780.710.67-0.19-0.060.48-0.40.660.73-0.830.770.39-0.380.6-0.650.810.830.810.57
0.930.780.89-0.65-0.920.830.940.720.530.930.450.70.98-0.22-0.040.71-0.310.660.87-0.920.910.34-0.640.82-0.890.890.910.90.85
0.540.060.36-0.17-0.620.590.420.560.530.530.580.510.53-0.120.10.180.360.40.3-0.420.340.28-0.370.37-0.280.460.440.420.19
0.990.650.97-0.78-0.730.90.960.820.930.530.590.780.86-0.13-0.070.67-0.380.750.93-0.970.970.37-0.40.75-0.790.910.980.980.85
0.59-0.160.53-0.31-0.330.810.580.780.450.580.590.470.42-0.09-0.030.15-0.260.630.38-0.520.480.51-0.230.35-0.410.490.550.550.24
0.830.530.82-0.55-0.490.750.770.710.70.510.780.470.61-0.04-0.030.74-0.330.370.79-0.810.8-0.04-0.190.58-0.520.80.820.740.72
0.860.750.81-0.58-0.960.780.880.670.980.530.860.420.61-0.17-0.050.66-0.290.620.77-0.850.830.37-0.680.82-0.910.830.830.820.78
-0.14-0.14-0.13-0.10.25-0.16-0.22-0.19-0.22-0.12-0.13-0.09-0.04-0.17-0.2-0.12-0.17-0.15-0.150.18-0.13-0.140.48-0.220.26-0.2-0.17-0.17-0.12
-0.06-0.14-0.110.210.0-0.07-0.09-0.06-0.040.1-0.07-0.03-0.03-0.05-0.2-0.020.32-0.13-0.050.09-0.08-0.16-0.27-0.170.2-0.12-0.08-0.08-0.03
0.720.770.73-0.3-0.530.590.740.480.710.180.670.150.740.66-0.12-0.02-0.280.150.8-0.720.79-0.27-0.280.56-0.560.650.70.630.9
-0.37-0.36-0.540.60.09-0.41-0.5-0.4-0.310.36-0.38-0.26-0.33-0.29-0.170.32-0.28-0.48-0.440.5-0.5-0.340.06-0.520.57-0.52-0.49-0.49-0.37
0.70.310.71-0.76-0.530.740.710.660.660.40.750.630.370.62-0.15-0.130.15-0.480.56-0.710.660.75-0.380.67-0.70.740.740.790.39
0.940.760.96-0.74-0.620.780.920.730.870.30.930.380.790.77-0.15-0.050.8-0.440.56-0.960.980.15-0.340.71-0.720.880.960.950.95
-0.98-0.72-0.990.780.71-0.89-0.98-0.83-0.92-0.42-0.97-0.52-0.81-0.850.180.09-0.720.5-0.71-0.96-0.98-0.340.45-0.80.83-0.95-1.0-0.98-0.88
0.970.750.99-0.76-0.670.860.970.770.910.340.970.480.80.83-0.13-0.080.79-0.50.660.98-0.980.24-0.370.77-0.80.920.980.970.93
0.310.020.3-0.47-0.360.470.390.390.340.280.370.51-0.040.37-0.14-0.16-0.27-0.340.750.15-0.340.24-0.350.53-0.510.380.340.410.0
-0.4-0.44-0.350.170.78-0.42-0.52-0.38-0.64-0.37-0.4-0.23-0.19-0.680.48-0.27-0.280.06-0.38-0.340.45-0.37-0.35-0.560.65-0.47-0.42-0.42-0.36
0.750.720.76-0.62-0.760.720.840.60.820.370.750.350.580.82-0.22-0.170.56-0.520.670.71-0.80.770.53-0.56-0.880.90.780.780.64
-0.78-0.73-0.80.660.83-0.75-0.87-0.65-0.89-0.28-0.79-0.41-0.52-0.910.260.2-0.560.57-0.7-0.720.83-0.8-0.510.65-0.88-0.84-0.8-0.81-0.7
0.910.690.93-0.75-0.730.840.930.810.890.460.910.490.80.83-0.2-0.120.65-0.520.740.88-0.950.920.38-0.470.9-0.840.950.930.76
0.980.680.99-0.79-0.690.90.970.830.910.440.980.550.820.83-0.17-0.080.7-0.490.740.96-1.00.980.34-0.420.78-0.80.950.990.86
0.970.670.98-0.83-0.690.870.950.810.90.420.980.550.740.82-0.17-0.080.63-0.490.790.95-0.980.970.41-0.420.78-0.810.930.990.84
0.870.850.89-0.6-0.630.690.870.570.850.190.850.240.720.78-0.12-0.030.9-0.370.390.95-0.880.930.0-0.360.64-0.70.760.860.84
Click cells to compare fundamentals
Year High value is used as an indicator to give investors an idea of how given equity may perform over mid or longer-term horizons. The One Year High may be utilized as a naive indicator of how the value of a stock is resistant or elastic over the long term investment horizon. For example, if the price of a fund or ETF is near a new One Year High, a rational investor may interpret it as a turning point and trade the instrument away or buy additional shares.
Competition

Based on the recorded statements, Amarin PLC has an One Year High of 0.0. This indicator is about the same for the Biotechnology average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Amarin One Year High Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amarin PLC's direct or indirect competition against its One Year High to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Amarin PLC could also be used in its relative valuation, which is a method of valuing Amarin PLC by comparing valuation metrics of similar companies.
Amarin PLC is currently under evaluation in one year high category among related companies.

Amarin Fundamentals

About Amarin PLC Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Amarin PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amarin PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amarin PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Amarin Corporation plc, a pharmaceutical company, engages in the development and commercialization of therapeutics for the treatment of cardiovascular diseases in the United States, Germany, Canada, Lebanon, and the United Arab Emirates. Amarin Corporation plc was incorporated in 1989 and is headquartered in Dublin, Ireland. Amarin Corp operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 560 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amarin PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amarin PLC's short interest history, or implied volatility extrapolated from Amarin PLC options trading.

Pair Trading with Amarin PLC

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 Amarin PLC 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 Amarin PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amarin Stock

  0.61MBIO Mustang Bio Report 3rd of April 2024 PairCorr

Moving against Amarin Stock

  0.7YS YS Biopharma Report 22nd of April 2024 PairCorr
  0.68DNLI Denali Therapeutics Financial Report 13th of May 2024 PairCorr
  0.57MESO Mesoblast TrendingPairCorr
  0.52CVS CVS Health Corp Financial Report 1st of May 2024 PairCorr
  0.5MDGL Madrigal Pharmaceuticals Financial Report 14th of May 2024 PairCorr
The ability to find closely correlated positions to Amarin PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amarin PLC 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 Amarin PLC - 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 Amarin PLC to buy it.
The correlation of Amarin PLC 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 Amarin PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amarin PLC 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 Amarin PLC 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.
Pair CorrelationCorrelation Matching
When determining whether Amarin PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amarin PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amarin Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amarin Plc Stock:
Check out Amarin PLC Piotroski F Score and Amarin PLC Altman Z Score analysis.
To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Amarin Stock analysis

When running Amarin PLC's price analysis, check to measure Amarin PLC'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 Amarin PLC is operating at the current time. Most of Amarin PLC's value examination focuses on studying past and present price action to predict the probability of Amarin PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amarin PLC's price. Additionally, you may evaluate how the addition of Amarin PLC to your portfolios can decrease your overall portfolio volatility.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Equity Valuation
Check real value of public entities based on technical and fundamental data
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
CEOs Directory
Screen CEOs from public companies around the world
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Is Amarin PLC's industry 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 Amarin PLC. If investors know Amarin 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 Amarin PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.15)
Revenue Per Share
0.753
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.01)
The market value of Amarin PLC is measured differently than its book value, which is the value of Amarin that is recorded on the company's balance sheet. Investors also form their own opinion of Amarin PLC's value that differs from its market value or its book value, called intrinsic value, which is Amarin PLC's 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 Amarin PLC's market value can be influenced by many factors that don't directly affect Amarin PLC's 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 Amarin PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amarin PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amarin PLC'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.