Aditxt Average Assets from 2010 to 2023
ADTX Stock  USD 3.55 0.08 2.20% 
Check Aditxt financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aditxt main balance sheet or income statement drivers, such as Cost of Revenue of 648.1 K, Gross Profit of 144 K or Interest Expense of 812.5 K, as well as many exotic indicators such as Asset Turnover of 0.0597, Book Value per Share of 115 or Current Ratio of 1.34. Aditxt financial statements analysis is a perfect complement when working with Aditxt Valuation or Volatility modules.
Aditxt  Average Assets 
Aditxt Average Assets Breakdown
Showing smoothed Average Assets of Aditxt Inc with missing and latest data points interpolated. Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets. Aditxt's Average Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aditxt's overall financial position and show how it may be relating to other accounts over time.
Average Assets  10 Years Trend 

Average Assets 
Timeline 
Aditxt Average Assets Regression Statistics
Arithmetic Mean  3,684,872  
Geometric Mean  446,566  
Coefficient Of Variation  167.88  
Mean Deviation  5,093,217  
Median  119,620  
Standard Deviation  6,186,017  
Range  17,423,367  
RValue  0.76  
RSquared  0.57  
Significance  0.001683  
Slope  1,120,839 
Aditxt Average Assets History
Other Fundumenentals of Aditxt Inc
Aditxt Average Assets component correlations
About Aditxt Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Aditxt income statement, its balance sheet, and the statement of cash flows. Aditxt investors use historical funamental indicators, such as Aditxt's Average Assets, to determine how well the company is positioned to perform in the future. Although Aditxt investors may use each financial statement separately, they are all related. The changes in Aditxt's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aditxt's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Aditxt Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Aditxt. Please read more on our technical analysis and fundamental analysis pages.
Last Reported  Projected for 2023  
Return on Average Assets  (2.11)  (2.27)  
Average Assets  13.1 M  12.4 M  
Average Equity  6 M  5.8 M  
Invested Capital Average  7.8 M  6.4 M 
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 Aditxt 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, Aditxt's short interest history, or implied volatility extrapolated from Aditxt options trading.
Pair Trading with Aditxt
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 Aditxt 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 Aditxt will appreciate offsetting losses from the drop in the long position's value.Moving together with Aditxt Stock
+  0.68  EQ  Equillium  Fiscal Quarter End 31st of December 2023  PairCorr  
+  0.68  YS  YS Biopharma  PairCorr  
+  0.65  DMAC  DiaMedica Therapeutics  Fiscal Quarter End 31st of December 2023  PairCorr 
Moving against Aditxt Stock
  0.64  KA  Kineta Inc  Symbol Change  PairCorr  
  0.55  DNTH  Dianthus Therapeutics  Symbol Change  PairCorr  
  0.45  VANI  Vivani Medical  Fiscal Quarter End 31st of December 2023  PairCorr 
The ability to find closely correlated positions to Aditxt could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Aditxt 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 Aditxt  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 Aditxt Inc to buy it.
The correlation of Aditxt is a statistical measure of how it moves in relation to other equities. 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 Aditxt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aditxt Inc 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 Aditxt can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Check out the analysis of Aditxt Correlation against competitors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Aditxt Stock analysis
When running Aditxt's price analysis, check to measure Aditxt'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 Aditxt is operating at the current time. Most of Aditxt's value examination focuses on studying past and present price action to predict the probability of Aditxt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aditxt's price. Additionally, you may evaluate how the addition of Aditxt to your portfolios can decrease your overall portfolio volatility.
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Is Aditxt'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 Aditxt. If investors know Aditxt 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 Aditxt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (12.00)  Revenue Per Share 5.194  Quarterly Revenue Growth (0.61)  Return On Assets (1.18)  Return On Equity (6.99) 
The market value of Aditxt Inc is measured differently than its book value, which is the value of Aditxt that is recorded on the company's balance sheet. Investors also form their own opinion of Aditxt's value that differs from its market value or its book value, called intrinsic value, which is Aditxt'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 Aditxt's market value can be influenced by many factors that don't directly affect Aditxt'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 Aditxt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aditxt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aditxt'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.