Achieve Life Sciences Stock Filter Stocks by Fundamentals
ACHV Stock | USD 4.54 0.04 0.89% |
Achieve Life Sciences fundamentals help investors to digest information that contributes to Achieve Life's financial success or failures. It also enables traders to predict the movement of Achieve Stock. The fundamental analysis module provides a way to measure Achieve Life's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Achieve Life stock.
Achieve | Shares Owned by Institutions |
Achieve Life Institutional Holders
Institutional Holdings refers to the ownership stake in Achieve Life that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Achieve Life's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Achieve Life's value.Shares | Advisor Group Holdings, Inc. | 2023-12-31 | 59.9 K | Blackrock Inc | 2023-12-31 | 52.4 K | Squarepoint Ops Llc | 2023-12-31 | 23.1 K | Manchester Financial Inc | 2024-03-31 | 19.1 K | Diametric Capital, Lp | 2023-12-31 | 18.8 K | Group One Trading, Lp | 2023-12-31 | 12.7 K | Simplex Trading, Llc | 2023-12-31 | 11.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 11.4 K | Renaissance Technologies Corp | 2023-12-31 | 10.9 K | Shay Capital Llc | 2023-12-31 | 725 K | Vanguard Group Inc | 2023-12-31 | 605.7 K |
Achieve Fundamentals
Return On Equity | -8.7 | ||||
Return On Asset | -0.69 | ||||
Current Valuation | 155.32 M | ||||
Shares Outstanding | 34.25 M | ||||
Shares Owned By Insiders | 9.28 % | ||||
Shares Owned By Institutions | 26.47 % | ||||
Number Of Shares Shorted | 717.49 K | ||||
Price To Earning | (0.03) X | ||||
Price To Book | 38.55 X | ||||
EBITDA | (27.02 M) | ||||
Net Income | (29.82 M) | ||||
Cash And Equivalents | 29.38 M | ||||
Cash Per Share | 3.03 X | ||||
Total Debt | 16.73 M | ||||
Debt To Equity | 1.18 % | ||||
Current Ratio | 5.81 X | ||||
Book Value Per Share | (0.07) X | ||||
Cash Flow From Operations | (24.48 M) | ||||
Short Ratio | 4.18 X | ||||
Earnings Per Share | (1.50) X | ||||
Target Price | 19.75 | ||||
Number Of Employees | 22 | ||||
Beta | 1.28 | ||||
Market Capitalization | 153.45 M | ||||
Total Asset | 19.37 M | ||||
Retained Earnings | (165.75 M) | ||||
Working Capital | (3.83 M) | ||||
Current Asset | 22.54 M | ||||
Current Liabilities | 9.1 M | ||||
Net Asset | 19.37 M |
About Achieve Life Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Achieve Life Sciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Achieve Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Achieve Life Sciences based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Achieve Life 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, Achieve Life's short interest history, or implied volatility extrapolated from Achieve Life options trading.
Pair Trading with Achieve Life
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 Achieve Life 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 Achieve Life will appreciate offsetting losses from the drop in the long position's value.Moving against Achieve Stock
0.57 | LLY | Eli Lilly Earnings Call This Week | PairCorr |
0.42 | MRK | Merck Company Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Achieve Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Achieve Life 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 Achieve Life - 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 Achieve Life Sciences to buy it.
The correlation of Achieve Life 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 Achieve Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Achieve Life Sciences 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 Achieve Life 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 Achieve Life Piotroski F Score and Achieve Life Altman Z Score analysis. Note that the Achieve Life Sciences information on this page should be used as a complementary analysis to other Achieve Life's 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Achieve Stock analysis
When running Achieve Life's price analysis, check to measure Achieve Life'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 Achieve Life is operating at the current time. Most of Achieve Life's value examination focuses on studying past and present price action to predict the probability of Achieve Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Achieve Life's price. Additionally, you may evaluate how the addition of Achieve Life to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
Is Achieve Life'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 Achieve Life. If investors know Achieve 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 Achieve Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.50) | Return On Assets (0.69) | Return On Equity (8.70) |
The market value of Achieve Life Sciences is measured differently than its book value, which is the value of Achieve that is recorded on the company's balance sheet. Investors also form their own opinion of Achieve Life's value that differs from its market value or its book value, called intrinsic value, which is Achieve Life'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 Achieve Life's market value can be influenced by many factors that don't directly affect Achieve Life'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 Achieve Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Achieve Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Achieve Life'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.