Adynxx Fundamentals
ADYXDelisted Stock  USD 0.0001 0.00 0.00% 
Adynxx Inc fundamentals help investors to digest information that contributes to Adynxx's financial success or failures. It also enables traders to predict the movement of Adynxx Pink Sheet. The fundamental analysis module provides a way to measure Adynxx'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 Adynxx pink sheet.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Adynxx  Select Account or Indicator 
Adynxx Z Score Analysis
Adynxx's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
More About Z Score  All Equity Analysis
2017  2018  2022  2023 (projected)  
Current Assets  7.48 M  1.95 M  2.24 M  2.3 M 
Total Assets  32.94 M  1.98 M  2.28 M  2.34 M 
Z Score  =  Sum Of   5 Factors 
Current Adynxx Z Score  4.2 
Most of Adynxx's fundamental indicators, such as Z Score, 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, Adynxx Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
CompetitionIn accordance with the company's disclosures, Adynxx Inc has a Z Score of 4.2. This is 162.22% lower than that of the Biotechnology sector and 225.75% lower than that of the Health Care industry. The z score for all United States stocks is 148.17% higher than that of the company.
Adynxx Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Adynxx's current stock value. Our valuation model uses many indicators to compare Adynxx value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Adynxx competition to find correlations between indicators driving Adynxx's intrinsic value. More Info.Adynxx Inc is number one stock in net income category among related companies. It is number one stock in number of employees category among related companies . Adynxx Net Income is fairly stable at the moment as compared to the past year. Adynxx reported Net Income of (7.58 Million) in 2022. Comparative valuation analysis is a catchall model that can be used if you cannot value Adynxx by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Adynxx's 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 pricetoearnings (P/E), pricetobook (P/B), pricetosales (P/S), pricetocash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Adynxx's earnings, one of the primary drivers of an investment's value.Adynxx Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Adynxx's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Adynxx could also be used in its relative valuation, which is a method of valuing Adynxx by comparing valuation metrics of similar companies.Adynxx is currently under evaluation in total debt category among related companies.
Adynxx Fundamentals
Return On Asset  (1.92) %  
Current Valuation  9.24 M  
Shares Outstanding  5.81 M  
Shares Owned by Institutions  0.011 %  
Number of Shares Shorted  25.82 K  
Price to Earning  (103.05) X  
Price to Sales  0.09 X  
Revenue  2.22 M  
EBITDA  (3.42 M)  
Net Income  (5.99 M)  
Cash and Equivalents  331 K  
Cash per Share  0.06 X  
Total Debt  10.09 M  
Debt to Equity  (1.48) %  
Current Ratio  0.18 X  
Book Value Per Share  (1.91) X  
Cash Flow from Operations  (6.02 M)  
Short Ratio  2.86 X  
Earnings Per Share  (1.82) X  
Target Price  2.8  
Beta  2.35  
Market Capitalization  87.12 K  
Total Asset  9.68 M  
Retained Earnings  (36.2 M)  
Working Capital  609.79 K  
Current Asset  4.04 M  
Current Liabilities  3.43 M  
Z Score  4.2  
Annual Yield  3.00 %  
Net Asset  9.68 M 
About Adynxx Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Adynxx Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adynxx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adynxx 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  
Deferred Revenue  35.1 K  34.9 K  
Cost of Revenue  2 M  2.8 M  
Revenues  2.5 M  2.6 M 
Be your own money manager
Our tools can tell you how much better you can do entering a position in Adynxx 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 riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Performance Analysis Now
Performance AnalysisCheck effects of meanvariance optimization against your current asset allocation 
All Next  Launch Module 
Pair Trading with Adynxx
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 Adynxx 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 Adynxx will appreciate offsetting losses from the drop in the long position's value.Moving against Adynxx
  0.45  ACHL  Achilles Therapeutics PLC  Fiscal Quarter End 31st of March 2023  PairCorr  
  0.44  ADAG  Adagene  Earnings Call This Week  PairCorr 
The ability to find closely correlated positions to Adynxx could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Adynxx 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 Adynxx  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 Adynxx Inc to buy it.
The correlation of Adynxx 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 Adynxx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adynxx 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 Adynxx can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Check out Trending Equities. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Adynxx Pink Sheet
If you are still planning to invest in Adynxx Inc 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 Adynxx's history and understand the potential risks before investing.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sectorfocused investing themes  
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges  
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon  
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios  
Equity Valuation Check real value of public entities based on technical and fundamental data  
Commodity Channel Index Use Commodity Channel Index to analyze current equity momentum  
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities  
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sectorfocused investing themes  
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on selflearning algorithm to remember stocks you like  
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon 