Curis Return on Average Equity from 2010 to 2024
| CRIS Stock | USD 15.01 0.16 1.08% |
Check Curis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Curis main balance sheet or income statement drivers, such as Depreciation And Amortization of 242.2 K, Interest Expense of 2.1 M or Selling General Administrative of 14.3 M, as well as many exotic indicators such as Price To Sales Ratio of 6.4, Dividend Yield of 0.0 or PTB Ratio of 4.33. Curis financial statements analysis is a perfect complement when working with Curis Valuation or Volatility modules.
Curis | Return on Average Equity |
About Curis Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Curis income statement, its balance sheet, and the statement of cash flows. Curis investors use historical funamental indicators, such as Curis's Return on Average Equity, to determine how well the company is positioned to perform in the future. Although Curis investors may use each financial statement separately, they are all related. The changes in Curis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Curis'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 Curis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Curis. Please read more on our technical analysis and fundamental analysis pages.
Curis, Inc., a biotechnology company, engages in the discovery and development of drug candidates for the treatment of human cancers in the United States. Curis, Inc. was incorporated in 2000 and is headquartered in Lexington, Massachusetts. Curis operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 60 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 Curis 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, Curis' short interest history, or implied volatility extrapolated from Curis options trading.
Pair Trading with Curis
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 Curis 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 Curis will appreciate offsetting losses from the drop in the long position's value.Moving together with Curis Stock
| 0.62 | ELYM | Eliem Therapeutics | PairCorr |
Moving against Curis Stock
| 0.8 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
| 0.73 | MGTX | MeiraGTx Holdings PLC Financial Report 9th of May 2024 | PairCorr |
| 0.7 | ALKS | Alkermes Plc Earnings Call Next Week | PairCorr |
| 0.69 | PCVX | VaxcyteInc Financial Report 13th of May 2024 | PairCorr |
| 0.65 | PCRX | Pacira Pharmaceuticals Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to Curis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Curis 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 Curis - 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 Curis Inc to buy it.
The correlation of Curis 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 Curis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Curis 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 Curis 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 Curis Correlation against competitors. You can also try the Positions Ratings module to 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.
Complementary Tools for Curis Stock analysis
When running Curis' price analysis, check to measure Curis' 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 Curis is operating at the current time. Most of Curis' value examination focuses on studying past and present price action to predict the probability of Curis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Curis' price. Additionally, you may evaluate how the addition of Curis to your portfolios can decrease your overall portfolio volatility.
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Is Curis' 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 Curis. If investors know Curis 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 Curis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.96) | Revenue Per Share 1.894 | Quarterly Revenue Growth (0.07) | Return On Assets (0.32) | Return On Equity (1.43) |
The market value of Curis Inc is measured differently than its book value, which is the value of Curis that is recorded on the company's balance sheet. Investors also form their own opinion of Curis' value that differs from its market value or its book value, called intrinsic value, which is Curis' 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 Curis' market value can be influenced by many factors that don't directly affect Curis' 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 Curis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Curis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Curis' 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.