Athersys Financial Statements From 2010 to 2024
| ATHXDelisted Stock | USD 0.01 0 18.75% |
Check Athersys financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Athersys main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Athersys financial statements analysis is a perfect complement when working with Athersys Valuation or Volatility modules.
Athersys |
Athersys Company Shares Outstanding Analysis
Athersys' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Athersys Shares Outstanding | 26.71 M |
Most of Athersys' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Athersys is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
CompetitionBased on the latest financial disclosure, Athersys has 26.71 M of shares currently outstending. This is 85.2% lower than that of the Biotechnology sector and 75.0% lower than that of the Health Care industry. The shares outstanding for all United States stocks is 95.33% higher than that of the company.
Athersys Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Athersys's current stock value. Our valuation model uses many indicators to compare Athersys value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Athersys competition to find correlations between indicators driving Athersys's intrinsic value. More Info.Athersys is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Athersys by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Athersys' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Athersys' earnings, one of the primary drivers of an investment's value.About Athersys Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Athersys income statement, its balance sheet, and the statement of cash flows. Athersys investors use historical funamental indicators, such as Athersys's revenue or net income, to determine how well the company is positioned to perform in the future. Although Athersys investors may use each financial statement separately, they are all related. The changes in Athersys's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Athersys'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 Athersys Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Athersys. Please read more on our technical analysis and fundamental analysis pages.
Athersys, Inc., a biotechnology company, focuses on the research and development activities in the field of regenerative medicine. Athersys, Inc. was founded in 1995 and is headquartered in Cleveland, Ohio. Athersys operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 104 people.
Pair Trading with Athersys
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 Athersys 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 Athersys will appreciate offsetting losses from the drop in the long position's value.Moving against Athersys Pink Sheet
| 0.66 | CVX | Chevron Corp Earnings Call Tomorrow | PairCorr |
| 0.61 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.61 | XOM | Exxon Mobil Corp Earnings Call Tomorrow | PairCorr |
| 0.6 | MRK | Merck Company Earnings Call Today | PairCorr |
| 0.53 | CAT | Caterpillar Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Athersys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athersys 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 Athersys - 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 Athersys to buy it.
The correlation of Athersys 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 Athersys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Athersys 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 Athersys 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Athersys information on this page should be used as a complementary analysis to other Athersys' 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.
Other Consideration for investing in Athersys Pink Sheet
If you are still planning to invest in Athersys check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Athersys' history and understand the potential risks before investing.
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