Aditxt Return On Asset from 2010 to 2023
| ADTX Stock | USD 3.39 0.08 2.31% |
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 | Return On Asset |
Aditxt Return On Asset Breakdown
Showing smoothed Return on Average Assets of Aditxt Inc with missing and latest data points interpolated. Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets [AssetsAvg]. Aditxt's Return on 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.
| View | Last Reported -1.18 | 10 Years Trend |
Return on Average Assets |
| Timeline |
Aditxt Return On Asset Regression Statistics
| Arithmetic Mean | (35.39) | |
| Geometric Mean | 19.54 | |
| Coefficient Of Variation | (61.81) | |
| Mean Deviation | 19.04 | |
| Median | (48.72) | |
| Standard Deviation | 21.87 | |
| Sample Variance | 478.41 | |
| Range | 47.47 | |
| R-Value | 0.78 | |
| Mean Square Error | 200.26 | |
| R-Squared | 0.61 | |
| Significance | 0.00091959 | |
| Slope | 4.10 | |
| Total Sum of Squares | 6,219 |
Aditxt Return On Asset History
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 Return On Asset, 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 | ||
| Average Assets | 13.1 M | 12.4 M | |
| Tangible Asset Value | 10.6 M | 10.2 M |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aditxt without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
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
| + | 0.84 | EQ | Equillium | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| + | 0.91 | YS | YS Biopharma | PairCorr | ||
| + | 0.74 | DMAC | DiaMedica Therapeutics | Fiscal Quarter End 31st of December 2023 | PairCorr |
Moving against Aditxt Stock
| - | 0.78 | KA | Kineta Inc | Symbol Change | PairCorr |
The ability to find closely correlated positions to Aditxt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough 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 risk-adjusted 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.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |
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.