Aditxt Inc Stock Return On Asset
| ADTX Stock | USD 3.39 0.08 2.31% |
Aditxt Inc fundamentals help investors to digest information that contributes to Aditxt's financial success or failures. It also enables traders to predict the movement of Aditxt Stock. The fundamental analysis module provides a way to measure Aditxt'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 Aditxt stock.
Average Assets is likely to drop to about 12.4 M in 2023. Tangible Asset Value is likely to drop to about 10.2 M in 2023. Aditxt | Return On Asset |
Aditxt Return On Asset Analysis
Aditxt's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
More About Return On Asset | All Equity Analysis
| 2020 | 2021 | 2022 | 2023 (projected) | Current Assets | 11.0M | 9.4M | 4.7M | 5.4M | Total Assets | 13.1M | 16.7M | 10.7M | 10.4M |
Return On Asset | = | Net Income Total Assets |
Current Aditxt Return On Asset | -1.18 |
Most of Aditxt's fundamental indicators, such as Return On Asset, 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, Aditxt Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Aditxt Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Aditxt is extremely important. It helps to project a fair market value of Aditxt Stock properly, considering its historical fundamentals such as Return On Asset. Since Aditxt's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Aditxt's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Aditxt's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Aditxt Total Assets
Total Assets |
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Based on the latest financial disclosure, Aditxt Inc has a Return On Asset of -1.1753. This is 86.57% lower than that of the Biotechnology sector and 95.02% lower than that of the Health Care industry. The return on asset for all United States stocks is notably higher than that of the company.
Aditxt Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aditxt's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aditxt could also be used in its relative valuation, which is a method of valuing Aditxt by comparing valuation metrics of similar companies.Aditxt is currently under evaluation in return on asset category among related companies.
Aditxt Fundamentals
| Return On Equity | -6.99 | ||||
| Return On Asset | -1.18 | ||||
| Operating Margin | (65.03) % | ||||
| Current Valuation | 6.56 M | ||||
| Shares Outstanding | 441.85 K | ||||
| Shares Owned By Insiders | 0.76 % | ||||
| Shares Owned By Institutions | 9.81 % | ||||
| Number Of Shares Shorted | 3.58 K | ||||
| Price To Book | 0.30 X | ||||
| Price To Sales | 2.28 X | ||||
| Revenue | 933.72 K | ||||
| Gross Profit | 166.94 K | ||||
| EBITDA | (24.28 M) | ||||
| Net Income | (27.65 M) | ||||
| Cash And Equivalents | 803.97 K | ||||
| Cash Per Share | 0.71 X | ||||
| Total Debt | 3.38 M | ||||
| Debt To Equity | 3.21 % | ||||
| Current Ratio | 0.52 X | ||||
| Book Value Per Share | (11.48) X | ||||
| Cash Flow From Operations | (22.39 M) | ||||
| Short Ratio | 0.03 X | ||||
| Earnings Per Share | (12.00) X | ||||
| Target Price | 61.0 | ||||
| Number Of Employees | 61 | ||||
| Beta | 0.83 | ||||
| Market Capitalization | 1.61 M | ||||
| Total Asset | 10.74 M | ||||
| Retained Earnings | (95.04 M) | ||||
| Working Capital | 1.1 M | ||||
| Z Score | -19.36 | ||||
| Net Asset | 10.74 M |
About Aditxt Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aditxt Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aditxt using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aditxt Inc 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.| 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?
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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 Aditxt Piotroski F Score and Aditxt Altman Z Score analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.
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| Pair Correlation Compare performance and examine fundamental relationship between any two 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.