Aeterna Net Cash Flow from Operations from 2010 to 2024
| AEZS Stock | USD 1.97 0.01 0.51% |
Check Aeterna Zentaris financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aeterna main balance sheet or income statement drivers, such as Depreciation And Amortization of 163.5 K, Interest Expense of 3.3 K or Total Revenue of 4.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.0 or PTB Ratio of 0.47. Aeterna financial statements analysis is a perfect complement when working with Aeterna Zentaris Valuation or Volatility modules.
Aeterna | Net Cash Flow from Operations |
About Aeterna Zentaris Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Aeterna Zentaris income statement, its balance sheet, and the statement of cash flows. Aeterna Zentaris investors use historical funamental indicators, such as Aeterna Zentaris's Net Cash Flow from Operations, to determine how well the company is positioned to perform in the future. Although Aeterna Zentaris investors may use each financial statement separately, they are all related. The changes in Aeterna Zentaris's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aeterna Zentaris'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 Aeterna Zentaris Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Aeterna Zentaris. Please read more on our technical analysis and fundamental analysis pages.
Aeterna Zentaris Inc., a specialty biopharmaceutical company, engages in developing and commercializing therapeutics and diagnostic tests. Aeterna Zentaris Inc. was incorporated in 1990 and is headquartered in Summerville, South Carolina. Aeterna Zentaris is traded on NASDAQ Exchange in the United States.
Pair Trading with Aeterna Zentaris
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 Aeterna Zentaris 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 Aeterna Zentaris will appreciate offsetting losses from the drop in the long position's value.Moving together with Aeterna Stock
| 0.7 | ELEV | Elevation Oncology Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Aeterna Zentaris could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aeterna Zentaris 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 Aeterna Zentaris - 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 Aeterna Zentaris to buy it.
The correlation of Aeterna Zentaris 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 Aeterna Zentaris moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aeterna Zentaris 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 Aeterna Zentaris 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 Aeterna Zentaris Correlation against competitors. For more information on how to buy Aeterna Stock please use our How to Invest in Aeterna Zentaris guide.Note that the Aeterna Zentaris information on this page should be used as a complementary analysis to other Aeterna Zentaris' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Aeterna Stock analysis
When running Aeterna Zentaris' price analysis, check to measure Aeterna Zentaris' 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 Aeterna Zentaris is operating at the current time. Most of Aeterna Zentaris' value examination focuses on studying past and present price action to predict the probability of Aeterna Zentaris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeterna Zentaris' price. Additionally, you may evaluate how the addition of Aeterna Zentaris to your portfolios can decrease your overall portfolio volatility.
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Is Aeterna Zentaris' 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 Aeterna Zentaris. If investors know Aeterna 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 Aeterna Zentaris listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.41) | Revenue Per Share 0.926 | Quarterly Revenue Growth (0.95) | Return On Assets (0.24) | Return On Equity (0.61) |
The market value of Aeterna Zentaris is measured differently than its book value, which is the value of Aeterna that is recorded on the company's balance sheet. Investors also form their own opinion of Aeterna Zentaris' value that differs from its market value or its book value, called intrinsic value, which is Aeterna Zentaris' 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 Aeterna Zentaris' market value can be influenced by many factors that don't directly affect Aeterna Zentaris' 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 Aeterna Zentaris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aeterna Zentaris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aeterna Zentaris' 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.